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Trend Watch: E-commerce/Last-Mile Ops Drive Activity – Jan 20 2017
News 7 hours ago
Trend Watch: E-commerce/Last-Mile Ops Drive Activity – Jan 20 2017

E-commerce/Last-Mile Operaions Drive Record Net Absorption Industrial market fundamentals for Northern and Central New Jersey reach record-breaking...

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As expansion cycle winds down, economist still sees upside in real estate market
News 1 day ago
As expansion cycle winds down, economist still sees upside in real estate market

Andrew Nelson, chief economist with Colliers International The U.S. economy is nearing the end of its current expansion cycle, but there are still...

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C&W: Leasing continues at upgraded office park
News 1 day ago
C&W: Leasing continues at upgraded office park

110 Allen Road in Basking Ridge- Courtesy: Cushman & Wakefield A Basking Ridge office park has inked more than 100,000 square feet in new leases...

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Union office landlord refinances for $11M
News 1 day ago
Union office landlord refinances for $11M

1095 Morris Ave. in Union- Courtesy: HFF The owner of a Union office building is refinancing the property for $11 million after recently completing...

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Brokerage adds sales associate with overseas experience
News 1 day ago
Brokerage adds sales associate with overseas experience

NAI Mertz has bolstered the sales team at its headquarters in Mount Laurel. The commercial real estate firm this week announced the appointment of...

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With a new name, mixed-use park around Prudential Center moves forward
News 1 day ago
With a new name, mixed-use park around Prudential Center moves forward

Stakeholders on Wednesday unveiled new designs for the planned mixed-use park around Newark's Prudential Center, now known as Mulberry Commons.-...

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Experts dissect, gauge impact of affordable housing ruling
News 1 day ago
Experts dissect, gauge impact of affordable housing ruling

A ruling by the state Supreme Court on Wednesday is being hailed as a victory for affordable housing advocates and developers, but reaction from...

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Colliers: $25M industrial deal includes South Jersey property
News 1 day ago
Colliers: $25M industrial deal includes South Jersey property

A real estate investment trust has acquired a nearly 200,000-square-foot industrial property in Swedesboro as part of a recent two-building, two...

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N.J. Supreme Court rules towns must count ‘gap years’ in affordable housing obligations
News 2 days ago
N.J. Supreme Court rules towns must count ‘gap years’ in affordable housing obligations

New Jersey towns and cities must account for more than 15 years of unmet need in determining their affordable housing obligations, the state...

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REAL ESTATE FORECAST: Top 2017 trends to look for in New Jersey
News 2 days ago
REAL ESTATE FORECAST: Top 2017 trends to look for in New Jersey

By Dan Loughlin, David Knee & Marta Villa New Jersey's real estate market remained fundamentally strong at year-end 2016 and appears poised to...

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Well-known Somerset County hotel sold for $30 million, HFF says
News 2 days ago
Well-known Somerset County hotel sold for $30 million, HFF says

The Dolce Basking Ridge Hotel at 300 North Maple Ave. in Basking Ridge- Courtesy: HFF A real estate investment firm has sold a Somerset County...

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Joint venture acquires 50,400 sq. ft. Branchburg warehouse
News 2 days ago
Joint venture acquires 50,400 sq. ft. Branchburg warehouse

161 Meister Ave. in Branchburg- Courtesy: Elberon Development Group Two Elizabeth-based developers have partnered once again, this time acquiring a...

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Multistate platform drives 2016 leasing for Denholtz
News 2 days ago
Multistate platform drives 2016 leasing for Denholtz

490 First Avenue in St. Petersburg, Florida- Courtesy: Denholtz Associates Denholtz Associates recorded some 1 million square feet of leasing...

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Point Pleasant-based architect named AIA-NJ president-elect
News 2 days ago
Point Pleasant-based architect named AIA-NJ president-elect

The New Jersey chapter of the American Institute of Architects has installed Verity L. Frizzell as its president-elect, the organization announced....

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How could a Trump administration affect CRE in New Jersey? Experts weigh in
News 4 days ago
How could a Trump administration affect CRE in New Jersey? Experts weigh in

President-elect Donald Trump, pictured before his victory in the November general election, speaks during a campaign rally in Fayetteville, North...

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COMING SOON: Real Estate NJ the magazine
News 4 days ago
COMING SOON: Real Estate NJ the magazine

The premiere edition of our monthly magazine is only days away from reaching your desk. Our January issue is now being mailed to thousands of real...

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Aberdeen tax breaks aim to spur investment on Route 35
News 4 days ago
Aberdeen tax breaks aim to spur investment on Route 35

Local officials in Aberdeen have unveiled new incentives to encourage new commercial development and improvements to existing buildings around the...

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HFF brokers $17.5M refinance for Warren retail center
News 4 days ago
HFF brokers $17.5M refinance for Warren retail center

Warren Village Shopping Center at 62 Mountain Blvd. in Warren- Courtesy: HFF The owners of a grocery-anchored shopping center in Warren are...

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Amazon to open first N.J. store at Paramus mall
News 1 week ago
Amazon to open first N.J. store at Paramus mall

The inside of an Amazon Books store at University Village in Seattle- Courtesy: Amazon Amazon's first brick-and-mortar bookstore in New Jersey is...

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HFF: Hartz refis 13-piece industrial portfolio for $162M
News 1 week ago
HFF: Hartz refis 13-piece industrial portfolio for $162M

50 Enterprise Ave. North in Secaucus- Courtesy: HFF Brokerage firm HFF has secured a $162 million loan to help Hartz Mountain Industries refinance...

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Jersey City HUD building recapitalizes with $95M loan
News 1 week ago
Jersey City HUD building recapitalizes with $95M loan

A Boston-based mortgage banking firm has closed a $95 million loan to recapitalize a Jersey City apartment complex and allow it to continue to...

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Scarinci Hollenbeck makes new hires in real estate law group
News 1 week ago
Scarinci Hollenbeck makes new hires in real estate law group

Two commercial real estate attorneys and their team have joined Scarinci Hollenbeck, the firm announced Thursday. The attorneys, Matt Kane and...

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Report: Council approves tax breaks for NJCU developments
News 1 week ago
Report: Council approves tax breaks for NJCU developments

A rendering of the entrance of University Place, a mixed-use project at New Jersey City University in Jersey City Officials in Jersey City have...

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CBRE brokers $24M bridge loan for ex-MetLife building
News 1 week ago
CBRE brokers $24M bridge loan for ex-MetLife building

10 Park Ave. in Hanover- Courtesy: CBRE The Provident Bank has provided a $24 million loan for a developer to refinance a vacant office building in...

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Developer plans sprawling industrial park after $12M land sale in South Jersey
News 1 week ago
Developer plans sprawling industrial park after $12M land sale in South Jersey

2858 U.S. Route 322 in Logan Township- Courtesy: Cushman & Wakefield Cushman & Wakefield has brokered the sale of a sprawling 415-acre development...

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Senior housing complex in Monroe trades for $19M
News 1 week ago
Senior housing complex in Monroe trades for $19M

Waterside Villas at 1 Overlook Drive in Monroe- Courtesy: Gebroe-Hammer Associates An investment group has paid $19.2 million for a 100-unit luxury...

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18-story office tower changes hands in Newark, HFF says
News 1 week ago
18-story office tower changes hands in Newark, HFF says

33 Washington St. in Newark- Courtesy: HFF A Newark property owner has added a well-known office tower to its portfolio in the city, following a...

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New deals, renewals keep Heller portfolio fully leased
News 1 week ago
New deals, renewals keep Heller portfolio fully leased

1 Industrial Road in South Brunswick- Courtesy: Heller Industrial Parks Heller Industrial Parks inked more than 50 transactions across its vast...

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Tenants quick to grab new industrial space in N.J., report finds
News 1 week ago
Tenants quick to grab new industrial space in N.J., report finds

If there's any doubt about the demand for new industrial space in New Jersey, look no further than the response to speculatively built warehouse...

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Nail spa is newest tenant at Hamilton retail center
News 1 week ago
Nail spa is newest tenant at Hamilton retail center

Hamilton Plaza in Hamilton Township- Courtesy: Levin Management A nail salon has leased 2,250 square feet at Hamilton Plaza, a 175,400-square-foot...

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