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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.
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.
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.
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.
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.
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."
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.
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 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.
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.
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.
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.
