Wayne
Basis Industrial Closes on Construction Loan for Wayne, NJ Self-Storage
Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Delray Beach, FL closed on a… Read more
Meridian Arranges Freddie Mac Loan for Northern NJ Apartments
Meridian Capital Group has arranged $63,503,000 in Freddie Mac financing for Wayne Village, a 275-unit garden-style apartment community located at… Read more
Sportime Pickleball Inks Two NJ Leases Totaling 80K-SF
Cushman & Wakefield has facilitated two long-term leases totaling 80,000 square feet for Sportime Pickleball, a division of Sportime Clubs,… Read more
Pomeranc Group Buys Wayne MF Property, Secures $98M Acquisition Financing
The Pomeranc Group has acquired Mountain View Crossing, a 465-unit multifamily property in Wayne, New Jersey, from UBS Realty Investors.… Read more
Two-Building Office and Medical Park Goes for $22M in Wayne, NJ
Cushman & Wakefield arranged the sale of Oak Hill Park, a 122,600-square-foot office and medical park located at 1680-1700 Route… Read more
JV Acquires Shopping Center in Wayne, NJ’s Retail Corridor
Cushman & Wakefield has arranged the sale of Ramapo Plaza, a 57,963-square-foot retail asset located at 755-797 Hamburg Tpk. in… Read more
Valley National Bancorp Acquiring Bank Leumi USA for $1.1B
Valley National Bancorp, headquarter in Wayne, NJ, will acquire Leumi, the U.S. subsidiary of Bank Leumi Le-Israel B.M., and parent company of… Read more
Yarn Distributor Shifts HQ to Amenitized Space in Wayne
NAI James E. Hanson completed a new office lease for 2,878 square feet at Wayne Solar Center in Wayne, NJ.… Read more
JLL Tapped to Lease Up Former Toys ‘R’ Us Headquarters
JLL was selected by Dobco Inc. to lease up One Geoffrey Way, the former headquarters of Toys ‘R’ Us in… Read more
Industrial Tenants Set Their Sights West of Turnpike
Although the New Jersey Turnpike corridor remains the epicenter of the state’s industrial market, and especially the Exit 8A submarket,… Read more
Rents Reach Historic Peak for NJ Office
The New Jersey office market recorded its fifth consecutive quarter of positive net absorption, driving the state’s average asking rent to an… Read more
Toys ‘R’ Us Retains Raider Hill for 14.5M-SF Portfolio Disposition
Toys ‘R’ Us, Inc.’s subsidiary, Toys”R”Us Property Company I, LLC, retained New York-based Raider Hill Advisors to dispose of roughly… Read more
What’s Impact of Toys ‘R’ Us Closing on CRE?
Toys ‘R’ Us intends to wind down U.S. operations, which is likely to encompass closing its stores in the U.S.… Read more
Toys ‘R’ Us Reportedly Preparing for Liquidation
Toys ‘R’ Us is reportedly prepping to close all of its U.S. stores. The liquidation rumors began circulating as attempts… Read more
Toys ‘R’ Us Initiates Liquidation Sales at 144 Stores
Liquidation sales commenced Wednesday at Toys R Us and Babies R Us stores as part of the retailers’ bankruptcy restructuring… Read more
Toys ‘R’ Us Closing 182 Stores, 27 in California
Toys ‘R’ Us plans to close as many as 182 stores, including 27 in California, as it works through Chapter… Read more
Toys ‘R’ Us Files for Chapter 11 Bankruptcy Protection
Toys ‘R’ Us Inc. filed for Chapter 11 bankruptcy late Monday, and is asking a judge to grant the giant… Read more
Spec Warehouse Replaces Empty Offices in Wayne, NJ
Peykar Family Properties has begun tearing down the vacant, 360,000-square-foot office building at 150 Totowa Road in Wayne, NJ. They… Read more