New Jersey
Recap Brings Northern NJ Offices Under Sole Ownership
HFF has arranged the recapitalization of Greenbrook Executive Center, a 203,028-square-foot, Class A office building at 100 Passaic Ave. in Fairfield, NJ. A… Read more
Cold Storage Supply Plays Catch-Up with Increasing Demand
E-commerce isn’t the only increasing demand driver for industrial real estate. A case in point is the market for fresh… Read more
Seiko’s Mahwah Offices Trade in Sale-Leaseback
Five months after Seiko Holdings Corporation hired CBRE to market for sale a Class-A office/tech facility at 1111 MacArthur Blvd.… Read more
Transwestern Appoints New Presidents for East, West Regions
Connect Houston is taking place on February 26, 2019. For more information — or to attend — click here. Houston-based… Read more
Ground-Up Construction Begins at Prism’s ON3 MXU
The first ground-up construction projects are getting underway at Prism Capital Partners’ ON3 redevelopment of the former Hoffman-La Roche campus… Read more
Meridian Arranges $48M Deal for Mixed-Use Development in Jersey City
Meridian Investment Sales has sold the Avenir, a mixed-use development site in Jersey City, NJ for $48 million. Located at… Read more
Transwestern Hires Vicci to Spearhead Property Management
Robert F. Vicci has joined Transwestern as SVP to grow the firm’s property management portfolio throughout the Northeast. Based in… Read more
NJ Industrial’s Near-Record New Supply is No Match for Record Demand
New Jersey’s near-record level of new industrial supply isn’t keeping pace with demand, Transwestern reported. The market saw 10.6 million… Read more
Circle Squared, PRC JV for Jersey City Apartments
Circle Squared Alternative Investments and the PRC Group of Companies have formed a joint venture to build 144 units of… Read more
Homegrown Valuation Pro Returns to NYC with NKF Post
NKF has added valuation expert Guy DiRienzo to its New York headquarters. Joining as EVP, DiRienzo comes to NKF with… Read more
Century-Old Elizabeth Armory Will Carry Extra Space Storage Brand
The Hampshire Companies has acquired a circa-1912 former armory in downtown Elizabeth, NJ, which it plans to redevelop into a three-level self-storage… Read more
Bridgewater Offices Trade with Repositioning Prospects
Cushman & Wakefield has arranged the sale of 721 U.S. Highway 202/206, a four-story office building on a nearly 16-acre site with… Read more
Welltower Claims 12-Market Hammes MOB Portfolio for $400M
The Hammes Medical Office Portfolio, a 979,000-square-foot, geographically-diverse collection of 23 Class A medical outpatient properties, has traded hands for… Read more
CBRE Arranges Industrial Parcel Trade to Blackstone’s Gramercy
CBRE has arranged the $8-million sale of a development site at 1290 Wall St. in Lyndhurst, NJ to Gramercy Property… Read more
Spirit Bascom Makes 2nd Hoboken Buy in 6 Months
Spirit Bascom Ventures, a partnership between Stamford, CT-based Spirit Investment Partners and Irvine, CA-based The Bascom Group, has acquired a 30-unit apartment… Read more
Transwestern Development Expands Northeast Logistics Platform
Transwestern Development Co. has expanded its national logistics group, naming industry veteran Brian Banaszynski as regional partner to facilitate the firm’s… Read more
CushWake Arranges Sale, Immediate Lease-up of NJ Industrial
Cushman & Wakefield represented Lefcourt Associates in the sale of 19 Crows Mill Road in Keasbey, NJ to Liberty Property… Read more
HFF Arranges Take-out Loan for Multifamily Near Harrison PATH
HFF has arranged $70 million in financing for Steel Works, a recently-completed, 286-unit apartment community in Harrison, NJ near the… Read more
NJ Office Rents Reach New Peak; QOZs Loom Large in the Future
Office redevelopment throughout New Jersey has pushed the state’s average asking rent to a new high of $26.94 per square… Read more