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Prologis to buy warehouse owner Industrial Property Trust for $4 billion
News 14 hours ago
Prologis to buy warehouse owner Industrial Property Trust for $4 billion
Source NJBiz - Daily

The 37.5 million-square-foot operating portfolio comprises 236 properties. The post Prologis to buy warehouse owner Industrial Property Trust for ...

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Accessory retailer Charming Charlie closing all US stores, including 11 in NJ
News 4 days ago
Accessory retailer Charming Charlie closing all US stores, including 11 in NJ
Source NJBiz - Daily

The Houston, Texas chain filed for Chapter 11 protection in Delaware for the second time in two years on July 11. The post Accessory retailer...

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Windels Marx adds three from Budd Larner to NJ office
News 6 days ago
Windels Marx adds three from Budd Larner to NJ office
Source NJBiz - Daily

Three months after 15 lawyers and four legal professionals joined Windels Marx Lane & Mittendorf LLP from a dwindling Budd Larner, three more...

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4 NJ retailers make NRF’s top 100 list
News 2 weeks ago
4 NJ retailers make NRF’s top 100 list
Source NJBiz - Daily

Four New Jersey retailers made the National Retail Federation's 2019 top 100 list. In NRF's Stores Magazine, which ranks the nation's largest...

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Murphy signs legislation to establish state-based health exchange
News 2 weeks ago
Murphy signs legislation to establish state-based health exchange
Source NJBiz - Daily

Gov. Phil Murphy on Friday signed legislation to establish a State-Based Health Exchange in New Jersey. The law will allow New Jersey greater...

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NKF closes Martindale-Hubbell lease extension in New Providence
News 2 weeks ago
NKF closes Martindale-Hubbell lease extension in New Providence
Source NJBiz - Daily

Newmark Knight Frank said June 27 it executed a lease renewal for 35,000 square feet in New Providence. The NKF team led by Associate Director Dan...

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Cushman & Wakefield arranges 1st NJ lease for WowMoms World
News 2 weeks ago
Cushman & Wakefield arranges 1st NJ lease for WowMoms World
Source NJBiz - Daily

Cushman & Wakefield announced it has signed a 6,200-square-foot lease with wellness concept WowMoms World at 154 Route 4 W. in Paramus - the...

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NAI Hanson negotiates lease to bring clothing wholesaler to Moonachie
News 2 weeks ago
NAI Hanson negotiates lease to bring clothing wholesaler to Moonachie
Source NJBiz - Daily

NAI James E. Hanson announced it negotiated a 25,526-square-foot lease at 175 Anderson Ave. in Moonachie. NAI Hanson's Jeff DeMagistris and Tom...

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Joint venture breaks ground on 4.1-million-SF Linden Logistics Center
News 3 weeks ago
Joint venture breaks ground on 4.1-million-SF Linden Logistics Center
Source NJBiz - Daily

A joint venture of Advance Realty Investors, Greek Development and PGIM Real Estate, announced on Friday it has broken ground on Linden Logistics...

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HFF secures financing for 69-unit luxury apartment community in Somerville
News 3 weeks ago
HFF secures financing for 69-unit luxury apartment community in Somerville
Source NJBiz - Daily

Holliday Fenoglio Fowler LP worked exclusively on behalf of the borrower, Sterling Properties Group LLC, to secure the long-term, fixed-rate...

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CBRE arranges $53.6M loan for Class A office property in Morristown
News 4 weeks ago
CBRE arranges $53.6M loan for Class A office property in Morristown
Source NJBiz - Daily

445 South St. is home to tenants including Travelers Insurance, Covanta Energy Corp., Marsh USA and Arch Reinsurance Co. The post CBRE arranges $53...

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Woodmont Properties’ transit-oriented apartment community opens in Bayonne
News 4 weeks ago
Woodmont Properties’ transit-oriented apartment community opens in Bayonne
Source NJBiz - Daily

The 220-residence, four-story community has waterfront views and features studio, one-, two-and three-bedroom homes, up to 1,500 square feet in...

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Dermody Properties acquires logistics building in East Windsor
News 1 month ago
Dermody Properties acquires logistics building in East Windsor
Source NJBiz - Daily

Dermody Properties announced it acquired a logistics building at 150 Milford Road in East Windsor. The project has 615,000 square feet currently...

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NAI Hanson negotiates sale of 8,000-square-foot office building in Harding
News 1 month ago
NAI Hanson negotiates sale of 8,000-square-foot office building in Harding
Source NJBiz - Daily

NAI James E. Hanson announced it negotiated the sale of an 8,011-square-foot office building at 906 Mount Kemble Ave. in Harding. NAI James E....

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Procida Funding finances $25M for micro-apartment building in Jersey City
News 1 month ago
Procida Funding finances $25M for micro-apartment building in Jersey City
Source NJBiz - Daily

Real estate lender Procida Funding LLC announced on Wednesday that it provided an $18.5 million construction loan, on behalf of the 100 Mile Fund,...

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Team Resources completes multiple lease transactions in Newark, Paramus
News 1 month ago
Team Resources completes multiple lease transactions in Newark, Paramus
Source NJBiz - Daily

Team Resources announced Thursday it recently completed four separate transactions that together filled up 60,000 square feet at one location in...

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Kislak sells 4 Jersey Shore properties for combined total of $7.5 million
News 1 month ago
Kislak sells 4 Jersey Shore properties for combined total of $7.5 million
Source NJBiz - Daily

Located in Belmar, Toms River and Little Egg Harbor, the separate transactions included a total of 45 residential units and 8,317 square feet of...

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Gebroe-Hammer arranges $58.5M New Providence apartment community sale
News 1 month ago
Gebroe-Hammer arranges $58.5M New Providence apartment community sale
Source NJBiz - Daily

Financing for the project was provided by IPA, a division of Marcus & Millichap. The post Gebroe-Hammer arranges $58.5M New Providence apartment...

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Maya Capital Partners acquires Union City multifamily property for $31M
News 1 month ago
Maya Capital Partners acquires Union City multifamily property for $31M
Source NJBiz - Daily

One23 Apartments is currently 100 percent leased. The post Maya Capital Partners acquires Union City multifamily property for $31M appeared first...

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Marcus & Millichap completes sale of 2 multifamily properties in Jersey City
News 1 month ago
Marcus & Millichap completes sale of 2 multifamily properties in Jersey City
Source NJBiz - Daily

Marcus & Millichap on Wednesday announced the sale of two multifamily properties located in Jersey City worth more than $5.3 million according to...

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Joint venture brings Washington Township medical office building to full occupancy
News 1 month ago
Joint venture brings Washington Township medical office building to full occupancy
Source NJBiz - Daily

Developed in a joint venture partnership between West Orange-based Atkins Cos., Fiarfield-based Woodmont Properties, and Rothman Orthopaedic...

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Planning another American Dream
News 1 month ago
Planning another American Dream
Source NJBiz - Daily

North Jersey auto dealer and real estate developer Tom Maoli has a big dream for a crumbling 26-acre industrial parcel along the Delaware River in...

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Freedom Mortgage and RoundPoint enter merger agreement
News 1 month ago
Freedom Mortgage and RoundPoint enter merger agreement
Source NJBiz - Daily

RoundPoint, which currently services and subservices approximately $91 billion in unpaid mortgage assets comprised primarily of agency loans, will...

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Griffin Capital taps JLL as exclusive leasing agent for Warren office building
News 1 month ago
Griffin Capital taps JLL as exclusive leasing agent for Warren office building
Source NJBiz - Daily

The firm will provide a full range of marketing and leasing services for the 213,257-square-foot office building on Independence Boulevard. The...

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Bussel Realty leases 17,500-SF industrial property in Linden
News 1 month ago
Bussel Realty leases 17,500-SF industrial property in Linden
Source NJBiz - Daily

Bussel Realty Corp. an industrial real estate services firm based in Edison, on Thursday announced it's leased 17,500 square feet at 1416 E. Linden...

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Plainfield breaks ground on mixed-use economic development project in 4th ward
News 1 month ago
Plainfield breaks ground on mixed-use economic development project in 4th ward
Source NJBiz - Daily

Plainfield Mayor Adrian Mapp, members of the Plainfield City Council and Union County Freeholder Sergio Granados joined South Second Street...

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Bijou Properties opens leasing for new six-story rental building in Hoboken
News 1 month ago
Bijou Properties opens leasing for new six-story rental building in Hoboken
Source NJBiz - Daily

Situated at 1405 Adams St. in the Hudson County city, the collection of 34 one- and two-bedroom homes will be marketed and leased exclusively by...

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Cushman & Wakefield named property manager for Newark’s tallest office tower
News 1 month ago
Cushman & Wakefield named property manager for Newark’s tallest office tower
Source NJBiz - Daily

The team, headed by Managing Director Michael Nevins, is rolling out a full action plan to improve efficiency and operation of The National Newark...

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Sayerville’s Gillette Towers purchased by AMS Acquisitions for $13 million
News 2 months ago
Sayerville’s Gillette Towers purchased by AMS Acquisitions for $13 million
Source NJBiz - Daily

Gillette Towers in Sayerville was recently purchased by New York City-based AMS Acquisitions LLC, from NJ development firm Gilette for $13 million....

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Gottesman Real Estate Partners appoints Byrd as VP
News 2 months ago
Gottesman Real Estate Partners appoints Byrd as VP
Source NJBiz - Daily

Chatham-based Gottesman Real Estate Partners on Monday announced the hiring of Kevin Byrd as vice president, real estate. In his new role, Byrd...

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