New Jersey Commercial Real Estate News

NAI Hanson Arranges Medical Office Lease in Chatham

By Paul Bubny | February 14, 2023 NAI James E. Hanson arranged a 4,830-square-foot medical office space lease at 330 Main St. in Chat...Read more

JLL arranged a $43-million refinancing for a Woodbridge, NJ retail center anchored by a ShopRite supermarket

JLL Lines Up $43M Refi for ShopRite-Anchored Woodbridge Retail

By Paul Bubny | February 09, 2023 JLL Capital Markets closed the $43.2-million refinancing of St. Georges Crossing, a 343,423-square-...Read more

NY Rockefeller Group warehouse Eastampton NJ

Rockefeller Group Sells Recently Completed Industrial Near NJ Turnpike Exit 7

By Paul Bubny | February 08, 2023 Rockefeller Group has sold a recently completed 345,600-square-foot distribution center to Gle...Read more

Stonemont Financial Group closed on the land for Stonemont Passaic Logistics Center, a speculative industrial development in Passaic, NJ

Stonemont Financial Closes on Land for Spec Industrial in Passaic

By Paul Bubny | February 06, 2023 Atlanta-based Stonemont Financial Group closed on the land for a 295,506-square-foot speculative in...Read more

NAI James E. Hanson brokered the sale of a development site in a designated redevelopment zone in Newark, NJ

NAI Hanson Arranges Land Sale in Newark Redevelopment Zone

By Paul Bubny | February 03, 2023 NAI James E. Hanson recently closed the sale of 0.42 acres of land at 1042-1044 Broad St. and ...Read more

A two-building apartment property in Atlantic City has sold in a competitive market auction run by Rosewood Realty Group

Atlantic City Apartments Trade in Distress Auction

By Paul Bubny | January 30, 2023 Rosewood Realty Group arranged the sale of two contiguous buildings consisting of 24 apartments in ...Read more

CBRE has completed 18 leases at East Hanover Commerce Center in New Jersey's Morris County since being hired by complex's owners in November 2021

CBRE Tallies 18 Leases at Morris County Industrial/Flex Complex

By Paul Bubny | January 27, 2023 CBRE has completed 18 leases at East Hanover Commerce Center, a three-building industrial complex l...Read more

CBRE arranged the sale of a fully entitled multifamily development site in an East Orange, NJ neighborhood slated for a major transformation

Multifamily Development Site Changes Hands in East Orange

By Paul Bubny | January 26, 2023 CBRE closed the $4.15-million sale of Hue Soul, a development site fully approved for 113 market ra...Read more

Gym franchise SETS Hybrid Training is relocating locally to the 26,000-square-foot Route 9 Plaza in Old Bridge, NJ

Gym Franchise Relocates to Route 9 Plaza in Old Bridge

By Paul Bubny | January 25, 2023 Gym franchise SETS Hybrid Training is coming to Route 9 Plaza in Old Bridge, NJ, relocating l...Read more

NY Vernon Valley Plaza 530 County Rd 515 Vernon NJ

MMCC Arranges Acquisition Loan for Sussex County Shopping Center

By Paul Bubny | January 24, 2023 Marcus & Millichap Capital Corporation (MMCC) arranged a $13,300,000 acquisition loan for Verno...Read more

Walker & Dunlop advised The PRC Group on an $88-million refinancing of Campus Town at TCNJ, a student housing complex in Ewing, NJ

Walker & Dunlop Advises on $88M Refi of Central NJ Student Housing

By Paul Bubny | January 23, 2023 Walker & Dunlop was recently an exclusive advisor to The PRC Group on an $88,374,000 refinance ...Read more

Marcus & Millichap closed the $46-million sale of 10 retail and office properties in the Ocean County communities of Brick and Toms River, NJ

Marcus & Millichap Closes Sale of 10-Property Portfolio Near Jersey Shore

By Paul Bubny | January 20, 2023 Marcus & Millichap closed the sale of the Ocean County Middle Market Portfolio, a 10-property, ...Read more

Retailer Party City Files for Chapter 11

By Paul Bubny | January 19, 2023 Retailer Party City Holdco Inc. (PCHI), headquartered in Woodcliff Lake, NJ, has filed Chapter 11 p...Read more

Cushman & Wakefield advised a joint venture in procuring $146,550,000 in construction financing for The District at 15fifteen in Parsippany, NJ

Joint Venture Secures $147M Construction Loan on Parsippany Apartments

By Paul Bubny | January 18, 2023 Cushman & Wakefield advised the joint venture of Claremont Development, Stanbery Development Gr...Read more

Woodmont Industrial Properties and EverWest are partnering on a renovation and expansion project in South Brunswick, NJ

Woodmont, EverWest Partner on South Brunswick Industrial Expansion

By Paul Bubny | January 17, 2023 Woodmont Industrial Partners and EverWest Real Estate Investors have partnered to launch const...Read more

GenPsych has leased more than 10,000 square feet of medical office space at 1030 St. Georges Ave. in Avenel, NJ

NAI Hanson Arranges 10K-SF Medical Office Lease in Avenel

By Paul Bubny | January 16, 2023 NAI James E. Hanson has negotiated a lease for 10,043 square feet of medical office space at 1030 S...Read more

Luxury fitness club Iron Culture, represented by RIPCO, has opened a second location in Edgewater, NJ

Luxury Fitness Club Expands with Second Location in Edgewater

By Paul Bubny | January 12, 2023 Iron Culture, a full-service, luxury, high intensity gym has opened a second location at 7700 River...Read more

Inland Private Capital and Devon Self Storage have opened a new facility at a former Sports Authority location in Hazlet, NJ

Inland Private Capital, Devon Self Storage Deliver Hazlet Facility

By Paul Bubny | January 11, 2023 Inland Private Capital Corporation (IPC), a real estate investment manager, and Devon Self Storage ...Read more

NAI James E. Hanson brokered the sale of a development site in Hackensack, NJ, after the initial developer canceled the contract to acquire the site last June

NAI Hanson Brokers Deal for Hackensack Development Site

By Paul Bubny | January 09, 2023 NAI James E. Hanson closed the sales of 359 and 375 Main St. in Hackensack, NJ for an undisclosed s...Read more

Car rental giant Avis Budget Group has leased a 155,234-square-foot office at the LATITUDE office complex in Parsippany, NJ

Avis Budget Group Relocates Headquarters to New Parsippany Location

By Paul Bubny | January 06, 2023 Avis Budget Group, one of the country’s largest car rental agency holding companies, is relocatin...Read more

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