The six-asset Hudson County package, located in close proximity to Manhattan, offers the next owner a strong value-add investment opportunity.

Research indicates markets in the area demonstrate that a variety of commercial property types are suitable for the switch and can offer lab space in unique buildings and locations where none previously existed.

The 100,000-square-foot, eight-story brick building is part of a well-maintained residential area in the northeastern part of the city within the redevelopment zone of Asbury Park on Deal Lake, one block from the Atlantic Ocean and the north end of the boardwalk.

Property owner Onyx Equities committed to bringing its buildings up to a modern Class A standard at The Arbors business campus, a property that already offers a powerful mix of amenities, best in class retail and accessibility.

Leveraging his well-rounded background in financial analysis, management and planning, as well as his qualifications in investor relations and acquisitions, Timothy DeCola will be responsible for the integrity of the firm’s financial information and will oversee the accounting and finance departments, including budgeting, forecasting, credit and cash management, and lease administration.

Loan proceeds for the fully leased, two-building northern New Jersey industrial campus will be used to retire existing debt and repatriate equity to its long-time investors.

Renters are responding favorably to the amenity-rich rental community with convenient mass-transit access, and proximity to a lively, walkable downtown with shops, restaurants and cultural attractions.

The real estate investment firm has grown its existing portfolio to 3.6 million square feet.

The 274,430-square-foot, Class-A distribution facility is the second acquisition the company has made in the competitive Exit 8A submarket in a month, after announcing its 33rd asset purchase in the New York/New Jersey area just two miles away in late June.

The kitchen and bathroom remodeler,which services customers throughout Somerset and Union counties, says the Bridgewater location is right in the heart of where it conducts most of its business.

Construction is underway at Millstone 8 Logistics Center: two state-of-the-art buildings located on Route 33, providing efficient access to both the Metropolitan New York/Tri-State region and greater Philadelphia/South Jersey.

Specialty Infusion tapped Team Lizzack-Horning to identify a suitable medical office space to open its first New Jersey office.