Princeton
JV Launches Quest for $500M in MOBs with $40M Initial Acquisitions
Annapolis, MD-based Thomas Park Investments has formed a joint venture with Chevy Chase, MD-based Artemis Real Estate Partners to acquire… Read more
JLL Team Closes Central NJ Sale for AvalonBay
JLL Capital Markets closed the sale of eaves Lawrenceville, a 632-unit, value-add, garden-style multifamily community near Princeton University in Lawrenceville, NJ. The seller… Read more
CBRE Arranges Sale of Princeton Offices for Residential Redevelopment
Jeffrey Dunne, Jeremy Neuer, Steven Bardsley, David Gavin, Travis Langer and Zach McHale of CBRE’s Institutional Properties group represented The… Read more
Nuveen Real Estate Selects EVPassport Chargers to Drive Tenant Engagement
Nuveen Real Estate, a global real estate investment manager with $139 billion of assets, is installing EVPassport chargers on three… Read more
OrbVest Adds Professional Center in Ocoee to $360M Portfolio
OrbVest has purchased the 38,537-square-foot West Orange Professional Center in Ocoee. The asset contains two medical office buildings and adds… Read more
Shamah Properties Adds Luxury Complex in Princeton
Shamah Properties acquired Copperwood Apartments in Princeton NJ, for $70.35 million. The seller wasn’t identified. The 153-unit luxury complex at 300 Bunn Dr. is located near downtown Princeton and Route 1. It was built in 2015. “Shamah Properties… Read more
Birch Group Snags Princeton Offices from BentallGreenOak
The Birch Group finalized the $47.3-million acquisition of 600 and 700 Alexander Park, a two-building, 213,000-square-foot office portfolio in Princeton,… Read more
Nuveen Launches Renovations at Princeton Point
Nuveen Real Estate has begun renovations at Princeton Point, the 440,000-square-foot office complex formerly known as 600 and 650 College Rd. in… Read more
Partnership Acquires Offices in Princeton’s Forrestal Center
JLL Capital Markets arranged $14.138 million in acquisition financing for 500 College Rd. East, a 159,227-square-foot, Class A office building in Princeton,… Read more
NRG Expanding National Reach with $3.6B Deal for Direct Energy
In the second major M&A deal this month involving a Texas energy firm, Houston- and Princeton, NJ-based integrated power firm… Read more
Princeton Offices Obtain Refi from Univest
Cushman & Wakefield advised ML7 in obtaining a $19.5-million refinancing on 750 College Road East, a 101,489-square-foot office property in Princeton,… Read more
Lincoln Equities, H.I.G. Acquire Former Bristol Myers Squibb Campus
Lincoln Equities Group and H.I.G. Realty Partners acquired a 1.2-million-square-foot life sciences campus in Hopewell, NJ, formerly owned by global… Read more
Hanley’s Lefko and Asher Sell BofA Branch in Twin Cities
Hanley Investment Group Real Estate Advisors completed the sale of a newly- constructed, single-tenant Bank of America in the Twin Cities… Read more
Princeton RE Veteran Thompson Joins Colliers
W. Bryce Thompson has joined Colliers International as managing director in its Princeton, NJ office. Thompson, who has spent his… Read more
Berkadia Arranges Recap on Princeton-Area Rentals
Verde Capital Corp. and its joint-venture partners Kushner Real Estate Group (KRE Group) and Oxford Realty Group recapitalized Deer Creek, a 288-unit rental… Read more
Capital One Leads Syndication for Essential Properties Trust
Capital One served as joint lead arranger, joint bookrunner and administrative agent for a $430-million, seven-year, senior unsecured term loan facility to… Read more
Avison’s Gnad Arranges Financing on Princeton MXU
Avison Young New Jersey arranged a $4-million construction loan for the development of a mixed-use multifamily rental building at 45… Read more
Blackstone, RXR Divest Princeton Offices
University Square, a five-story, trophy office building totaling nearly 330,000 square feet in Princeton, NJ, and the adjacent 115 Campus Dr.,… 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