Real Estate

General Plumbing Supply's Piscataway location at 330 S. Randolphville Road.
Mar 1, 2023

BlackRock pays $80M for Middlesex County industrial property

Lee & Associates New Jersey recently completed two industrial deals in the area — a 189,000-square-foot lease and the acquisition by the multinational investment company.

The Madison Corporate Campus in Fairfield is an approximately 350,000-square-foot complex offering office, warehouse and flex space.
Feb 28, 2023

G.S. Wilcox secures $15M loan for 350K-square-foot Fairfield campus

This is the second time in 20 years the firm has secured financing for the property.

One Riverfront Plaza, Newark, known as the Newark Legal Center.
Feb 28, 2023

Matrix secures 5 leases at One Riverfront Plaza in Newark

Bringing the property to 85% occupied, a new café was also added to elevate the tenant experience.

Rendering for Lincoln Logistics Center at 681 Main St. in Belleville.
Feb 27, 2023

Belleville industrial site secures $17M in predevelopment financing

Cushman & Wakefield served as exclusive advisor to Lincoln Equities Group and The Carlyle Group in procurement for the Meadowlands last-mile project.

The Walgreens-anchored shopping center at 37 Old Highway 22 in Clinton (Hunterdon County) features 26,176 square feet.
Feb 27, 2023

Walgreens-anchored retail center fetches $6.18M

Marcus & Millichap brokered the sale of this 100%-occupied Hunterdon County shopping complex that was built in 1957.

Waterfront Corporate Center I at 111 River St. in Hoboken is a 14-story, 566,000+-square-foot office and retail asset.
Feb 27, 2023

Faropoint leases 18K square feet in Hoboken

According to a statement from Cushman & Wakefield Executive Director David DeMatteis, part of the team that arranged the deal, the site was "a perfect fit for Faropoint as they continue to expand their New Jersey footprint."

101 Circle Drive N. in Piscataway is a 30,000-square-foot warehouse property located within the Rutgers Industrial Center.
Feb 24, 2023

Levin secures full-building warehouse lease in Piscataway

Signing on before the 30,000-square-foot building was finished, an electronics manufacturer will relocate and expand at the Rutgers Industrial center.

Feb 24, 2023

Veris ends hospitality run with $97M Port Imperial Hotels sales

Meanwhile, the firm hit stabilization – three months early – on its 750-unit multifamily offering in downtown Jersey City.

The Park in Berkeley Heights is a 185-acre campus featuring 1.5 million square feet of premier Class A office and flexible workspaces in addition to green spaces and amenities.
Feb 23, 2023

The Connell Co. makes way for commissary in Berkeley Heights

The renovations at the 185-acre campus will bring an enhanced lobby, elevated dining options and various dynamic communal spaces designed to enhance social and work experiences at the complex.

Logan North Industrial Park, a 3.2 million-square-foot industrial project in Logan Township from Greek Development and Advance Realty Investors.
Feb 23, 2023

Greek Development secures $50M for 3.2M-square-foot Logan North

The funding replaces existing construction financing and will allow for continued growth at the South Jersey site.

Chez Eider, vice president investments, Marcus & Millichap New Jersey.
Feb 22, 2023

Eider named as VP investments at Marcus & Millichap

Since joining the firm nearly five years ago, Chez Eider has closed $267 million in total sales volume.

Feb 21, 2023

Meadowlands warehouse secures $19.56M in acquisition financing

“While the debt market continues to remain volatile, there is still ample liquidity for strong sponsors who own industrial properties in premier markets such as the Meadowlands, provided that the deals feature the right leverage and structure,” JLL Senior Managing Director Michael Klein, who helped arranged the funding, said in a prepared statement.