The behavioral health organization signed two long-term leases in both Verona and Edison and plans to be open to treating patients early in 2021. .
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Real Estate
Cushman & Wakefield arranges $29.7M acquisition financing for Class A office property in Princeton
The Cali Group received a three-year loan from Streamline Realty Funding for a 158,180-square-foot asset in a prestigious location.
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Savills brokers $5.5M sale of Montvale office property on behalf of Western Union
The 127,000-square-foot asset formerly occupied by Western Union will be repositioned and converted into an assisted living facility.
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HK Organization unveils capital improvement plan to enliven brick and timber loft office building in Jersey City
The multi-million-dollar campaign will renovate and restore flagship space in heart of the thriving Powerhouse Arts District.
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National Integrity Title Agency acquires Philadelphia-based Acro Settlement Company
The acquisition further strengthens the Marlton-based firm's service offerings within the Greater Philadelphia area.
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The Michaels Organization welcomes new vice president of acquisitions
Kunal Chothani brings with him experience acquiring $1.3 billion in multifamily properties.
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CBRE sells industrial warehouse in Hamilton; named exclusive leasing agent
The Kuser Industrial Center, currently under construction, was purchased by Cohen Asset Management Inc. for $29.6 million. It benefits from superior highway access and an abundantly available labor pool in a location equidistant from Port Newark, Port Elizabeth and the Port of Philadelphia and expected to deliver in February 2021.
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Matrix Development signs two lease renewals in Cranbury totaling 50,000 SF
AmeriHealth and Nano-Ditech Corp. each signed three-year agreements signaling continued demand for open-space suburban offices in the Mid-Atlantic region.
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JLL Capital Markets arranges capital stack for NJ mixed-use development in Harrison
The funds will be used for the completion of Phase I which includes 205 residential apartments, a resident lounge, on-site leasing office, rooftop terrace, fitness center, 215 parking spaces and 7,670 square feet of retail space. It will also be used for the predevelopment of Phase II of the project.
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JLL retained as exclusive leasing agent for Windsor Corporate Park in East Windsor
The firm will lease a four-building, 291,550-square-foot, Class-A office complex on behalf of the Moorestown-based real estate investment firm.
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Cushman & Wakefield arranges sale of 58,233-SF office property in Bridgewater
The three-story office property is situated on 5.28 acres in a central location and proximity to Pennsylvania, giving the property has the ability to draw from a vast labor pool.
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Mexican taqueria signs lease in Kushner Cos. and KABR Group’s Arts & Powerhouse Building in Jersey City
Tacombi has signed a lease for 2,700-square feet of ground-level space in the joint venture's redevelopment of an historic asset in the Powerhouse Arts District.
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