JLL was tapped to lease the new site, which includes a PILOT agreement and is situated on a 47-acre tract earmarked for redevelopment by Mansfield Township to help create jobs and foster economic growth.

President David Zimmel was hired two decades ago to handle the newly built Aberdeen property. Now, after keeping the space leased throughout that time, the firm announced the sale of the site.

The firm said it arranged the sale of the CVS-occupied property for $10.9 million.

Made possible by a historic $50 million donation, construction on the Vogel Medical Campus at Tinton Falls is expected to begin early next year. Also included in the development plans: the option for a new acute care hospital at the site, as well.

Work on the three-building Arsenal Trade Center from Trammell Crow Co. and CBRE Investment Management, on behalf of a fund it manages, is set to begin this summer.

Bringing together a who's-who from the state's commercial real estate industry, professionals packed the Palace at Somerset Park to celebrate this year's winners, and find out who would take home the Office, Industrial and Mixed Use Deal of the Year honors.

The firm marketed the 45-unit property on an exclusive basis, with Vice President Julie Gralla handling the assignment and procuring the buyer.

According to the firm, the purchaser plans to use the property as an e-commerce distribution hub.

The firm's Team Perkins & Todd represented Forsgate Industrial Partners in its purchase of the site, which is located just over a mile from its Meadowlands joint venture with Russo Development.

Take a look at the luxury concept from New York City-based Drop Fitness, which offers four studio concepts under one roof: HIIT and strength training, yoga, barre, and running.

The firm is continuing its expansion in the South Jersey-Philadelphia region with the addition of Erin Warwick to help aid that growth, along with a recently closed deal, and a new assignment from Jefferson Health.

Gateway Center’s new showcase entrance is still directly across from historic Newark Penn Station. But the view – that clear, wide-open view – is new. And it’s a complete 180-degree turn from not just the physical outlook the complex once offered, but from the perspective its first designers sought.