New Jersey
Ocean County Power Center Trades in HFF Deal
HFF has arranged the sale of Sunrise Plaza, a 255,940-square-foot retail power center in the Ocean County community of Forked… Read more
XPO Logistics Takes 526K SF at Prologis NJ Facility
XPO Logistics signed a 526,400-square-foot lease at Prologis’ 115 Interstate Boulevard in South Brunswick, NJ. The multi-national contract logistics company… Read more
Lee NJ Adds 2 VPs in Investment Sales
Lee & Associates New Jersey has brought in Sheneeza Ali (pictured) and Eric Heller as VPs of investment sales/redevelopment, with… Read more
NKF Arranges Shopping Center Sale in Bayonne
NKF has completed the sale of shopping center Bayonne Shops in Bayonne, NJ outside of New York City, and 50… Read more
Rare Walmart Ground Lease Trades in Teterboro
Hanley Investment Group Real Estate Advisors has completed the sale of a rare single-tenant Walmart ground lease at Teterboro Landing… Read more
Civic Builders Relocates to Olmstead’s 180 Varick
Handler Real Estate Organization has arranged a long-term, 5,573-square-foot relocation and expansion at Olmstead Properties’ 180 Varick St. on behalf… Read more
Industry Veteran Shapiro Joins NKF’s Financial Reporting Practice
A 27-year industry veteran, Marc Shapiro (pictured), has joined NKF’s valuation & advisory business as EVP of the financial reporting… Read more
Finding a New Healthcare Purpose for Obsolete MOBs & Shuttered Hospitals
Connect Healthcare had the pleasure of speaking with John S. Wadsworth, a senior vice president with Colliers’ healthcare services group.… Read more
Kimmerle Expands Healthcare Practice with New Hire
Architecture, design and consulting firm Kimmerle Group has hired Michael Azarian as managing director of its Health Care Studio. Azarian… Read more
JLL Elevates SVP to Lead NJ Project Services
JLL has promoted SVP Andrea Alexander to head of project and development services in New Jersey. Her responsibilities include servicing… Read more
NJ Office Vacancies Tick Downward: Transwestern
Vacancy levels in New Jersey’s office Market improved slightly during the third quarter, thanks to large renewals and expansions within… Read more
Grocer Divests Indiana Distribution Center
Boston-based STAG Industrial, Inc. acquired a 478,744 square-foot asset in Lebanon, IN from an entity related to Purity Wholesale Grocers.… Read more
JV Will Build Apartments at Former Base in Bayonne
A joint venture of JMF Properties, RD Management LLC, and Accurate Builders and Developers has closed on a 14-acre site… Read more
HFF Sells Industrial Parcel Adjacent to Newark Airport
HFF has arranged the $8.2-million sale of a 4.5-acre land parcel for an industrial development at 120 Frontage Rd., adjacent… Read more
Bridge Launches Work on 4M-SF Logistics Park
Bridge Development Partners has broken ground on Bridge Point 78, the company’s planned four-million-square-foot logistics park spanning Phillipsburg and Lopatcong,… Read more
CubeSmart-Branded Facility Lands $15.6M Loan
HFF has placed $15.65 million in construction financing for the development of Hillside CubeSmart, a 1,203-unit, CubeSmart-branded self-storage facility in… Read more
NorthMarq Provides Refi on NJ Multifamily
NorthMarq Capital has arranged a 38-million refinance on Camelot at Cinnaminson, a 405-unit multifamily property in the Burlington County township… Read more
CBRE Arranges Refi on Louisville-area DC
CBRE Capital Markets’ debt and structured finance group has arranged a new $13-million refinance loan for the J. Knipper and… Read more
NJ Industrial Leasing Hits Quarterly High
Even with vacancies at historic lows, New Jersey’s industrial sector still had enough space available to generate a new quarterly… Read more