Netflix’s Fort Monmouth plans open for public comment
The move signals the next step for the development of the site's 328-acre Mega Parcel, with particular attention toward residential considerations.
Veris’ Jersey City land sale fetches $58M (updated)
Related has plans to enter the N.J. multifamily market in one of its hottest regions following the purchase, co-arranged by CBRE and Cushman & Wakefield.
Newark charter school expands with 50K-square-foot lease
Newmark Associates said it was able to secure the agreement at this 15-story building in less than 90 days — and ahead of the start of the 2023-2024 academic year.
Fiat House coming to Fort Lee will include on-site EV fleet
UNLMTD Real Estate is partnering with the automaker for a unique and highly mobile apartment building, located at the foot of the George Washington Bridge.
Paterson’s ‘Art Factory’ hits the market
The more than 230,000-square-foot industrial property is located directly off of Interstate 80 and can be converted into multiple uses, according to the Cushman & Wakefield team leading the assignment.
RWJBarnabas signs on for Livingston office building
CBRE has secured another new tenant for Eastman Cos.' Class A property, marking the second such announcement in just as many weeks.
Newark self-storage project secures $19M construction financing
Construction for the climate-controlled, more than 1,000-unit building coming to the Ironbound is scheduled for completion in the first half of 2025.
JLL Capital Markets arranges JV equity for proposed Morris County industrial site
The Class A development from Cervenka Development Partners and Monocle Group would offer access to one-third of the North America population, or 130 million consumers, within a day's drive.
Former Capital One branch on Route 46 sells for $3M
The Kislak Co. Inc., which arranged the transaction, "facilitated a creative financing structure that benefited both the seller and the purchaser,” according to Executive Vice President Matt Weilheimer.
Awards honor ‘multifamily excellence’ in Jersey City (slideshow)
“As one of the fastest growing cities in America, housing is a keystone to enabling Jersey City to reach its fullest potential,” said Jersey City Apartment Owners Association board President Jeremy Farrell. “This growth has led to unprecedented demand for housing that is only going to become greater as we look to the future."
Everything old is new again
According to JLL, 72% of suburban office space in New Jersey is functionally obsolete, one of the highest figures in the nation.
Faropoint pays $144M for North Jersey industrial portfolio
According to Cushman & Wakefield, which arranged the sale, the transaction with Camber Real Estate and Advance Realty Investors is one of the largest in the region for a multi-tenant property.