Cushman & Wakefield announced the sale of the property, which is leased to Liftec Forklifts.
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Real Estate
East Hanover industrial project secures $33M construction financing
JLL arranged the funding for the more than 300,000-square-foot development on behalf of Bridge Industrial LLC.
Read More »Mercer County affiliates rebrand as Princeton Property Partners
After years of coordinating operations to benefit clients, Mercer Oak Realty and Princeton Property Management recently announced they would take the name of their affiliate,
Read More »CushWake arranges $89.1M refi for Camber’s Crossing Industrial Portfolio
Camber Real Estate Partners secured the funds for the Crossing Industrial Portfolio: a 25-building, 1.2 million-square-foot light industrial package located in South Jersey and Buck County, Pa.
Read More »Essex County multifamily portfolio sells for $8M
The Kislak Co. Inc. arranged the sale. Located within minutes of each other in quiet suburban areas, the properties boast a cumulative 68 units.
Read More »SEC charges Secaucus-based developer, execs with $600M ‘Ponzi-like fraud’ (updated)
The move follows a Summary Cease and Desist Order from the New Jersey Bureau of Securities that was issued over the summer. Earlier that month, National Realty Investment Advisors LLC filed for Chapter 11 bankruptcy protection.
Read More »FNRP’s latest acquisitions expand footprint in Missouri, Virginia
The Red Bank-based company is growing its portfolio of grocery-anchored properties, adding 445,000 square feet between two open-air complexes.
Read More »Boutique offering Le Léo launches leasing in Jersey City (slideshow)
The six-story building developed by Park Stone Management and Fields Grade is located at 244 St. Paul's Ave., a short walk to the PATH Station, dining, shopping and entertainment options in the resurging Journal Square area.
Read More »Law firm buys 20K-square-foot building in Monmouth County
Private Lender Law will relocate its headquarters in December, making the move from Freehold to Marlboro. “This is the next step to providing exceptional services to our clients,” said founder Jonathan Hornik.
Read More »NJEDA approves creation of brownfields program
The effort will provide $300 million in incentive funding over six years and aims to support remediation costs and to incentivize developers of redevelopment projects to carry out cleanup activities around the Garden State.
Read More »CushWake announces $27.3M financing for Newark industrial site
Creation Equity and institutional investors advised by J.P. Morgan Global Alternatives launched a joint venture earlier this year to invest $1 billion in industrial real estate projects across four states, kicking off the effort with the 9.95-acre McClellan One project in Newark, among six others.
Read More »Developer selected for Metropark transit-oriented project (slideshow)
A joint venture of Russo Development, Onyx Equities and Dinallo Development LLC/Terminal Construction was tapped to lead the work for the public-private effort at the Middlesex County depot which will include the creation of Class A office and retail space, housing opportunities, community amenities and station-area improvements.
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