Jersey City apartment building refinanced with $37M loan
Le Leo, from Park Stone Management and Fields Grade Development, is currently 88% leased and occupied.
JV acquires 2M-square-foot former Merck HQ in Kenilworth (updated)
A joint venture of Onyx Equities LLC and Machine Investment Group LP just closed one of the largest office and life sciences transactions in state history.
Garden-style apartment complex in Bergen County sells for $19.8M
Gebroe-Hammer secured the sale of this 80-unit garden-style multifamily community, located 13 miles from midtown Manhattan.
Bell Works hits 95% leased
The Holmdel metroburb is attracting office users, securing 15 new agreements that cover 74,474 square feet.
American Dream faces $389M lawsuit by construction financing lenders
The megamall is being sued by two junior lenders who provided private loans that helped bring the $5 billion Meadowlands megamall to fruition.
New multifamily building in West New York sells for $5.2M
According to a statement from The Kislak Co. Inc. Vice President Davis Briones, who handled the assignment, “This sale is an excellent example of the continued strong interest in new construction, cash-flowing properties from a diverse group of investors and capital sources, despite higher interest rates."
South Jersey fraudsters plead guilty to $580K fake deeds scheme
The duo pretended to be Atlantic City property sellers, using bogus documentation to deceive and defraud real estate investors.
Paterson schools, carpenters council unveil program for students
A new partnership with the Eastern Atlantic States Regional Council of Carpenters will prepare high schoolers for careers in construction.
NJEDA awards $271M tax credit for New Brunswick HELIX project
Developers and officials say the New Jersey Health + Life Sciences Exchange will create a nexus for the state’s public, private and academic sectors to create a world-class hub of innovation.
State panel preserves 93 acres of Camden County farmland
The properties are the first to be preserved in the county since 2016.
Vineland retail property, with Acme anchor, sold for $19.3M (updated)
Marcus & Millichap arranged the sale of the 138,445-square-foot plaza, which also features five restaurants.
Rockefeller Group sells Burlington County distribution center for $83M
A Garden State-based operator purchased the recently completed, 345,600-square-foot facility, from which it will transport spices and other food grade products.
