New Jersey
Office Property in NJ STEM Corridor Changes Hands
Mountain Development Corporation has sold Spring Street Innovation Center in New Providence, NJ for $23 million to Shelbourne Global Solutions.… Read more
R.J. Brunelli Inks Dollar Tree Deals in NJ
Retail brokerage R.J. Brunelli & Co., which exclusively represents Dollar Tree across New Jersey, recently added two locations to the… Read more
Repositioning Pays Off for PREIT in Holiday Traffic
Although not the only shopping center REIT to experience an uptick in holiday traffic over 2017 levels, PREIT may be… Read more
Faster Shipping Drives Retailer Demand for Industrial
This holiday season, retailers will continue to rely on modern distribution and fulfillment centers to meet consumer demand, particularly with… Read more
Industrial’s Building Boom Continues
Demand for modern e-commerce, distribution and manufacturing space continues to fuel a building boom in the U.S. industrial sector, says… Read more
JV Makes $83M Industrial Buy in NJ’s Exit 10 Submarket
ASB Real Estate Investments has acquired the Middlesex Logistics Center, 100% leased to List Logistics, in a joint venture with… Read more
L’Oreal R&D HQ Changes Hands in Clark
NKF has negotiated the sale of Denholtz Associates’ 108,000-square-foot flex/R&D building at 175-195 Terminal Ave. in Clark, NJ, for $15.8… Read more
MRC Lines Up Debt on New-Build Harrison MF
Madison Realty Capital has closed a $67.5-million loan collateralized by a 205-unit multifamily development project and an adjacent development site… Read more
Northbridge Taps JLL for Rebranded Western Morris Offices
JLL has been selected by Northbridge Investment Management Inc. as exclusive leasing agent for The Mark, a 264,059-square-foot office building… Read more
Women in Real Estate 2018: Hanback Leads Rockefeller Group’s Industrial Expansion
Foreign Trade Zones are one of the specialties of the house at Rockefeller Group, and Brandi Hanback’s background made her… Read more
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