Union Township apartment community trades hands
CBRE said the property benefits from a 30-year PILOT agreement and that the property has averaged more than 16 leases per month during lease-up.
Larken Associates taps Iacobucci as CIO
The Branchburg-based firm added a 30-year industry veteran to its executive team, announcing David Iacobucci as chief investment officer.
Transit-oriented The Rail at Bound Brook secures $32.45M construction financing
JLL Capital Markets arranged the funding for the forthcoming midrise, Class A multi-housing development on behalf of a joint venture between Denholtz Properties and Redwood Real Estate Group.
Two NJ businesses form full-service cleaning, maintenance company
Jidan Cleaning, headquartered in Medford, acquired Pieco Services Property Maintenance, a landscaping and property management business based in Williamstown.
Raritan Township to preserve 48 acres following land purchase
Though it was previously approved for 19 single-family homes, this stretch of wooded and open space in Somerset County will now be protected instead.
Neuer joins JLL
Jeremy Neuer comes on board the Capital Markets team as a senior managing director after more than a decade with CBRE.
Molly Brook on Belmont sells for $89M (updated)
The 180-unit luxury apartment property reached 100% occupancy in less than 12 months, drawing renters with resort-like amenities and outdoor features.
Hoboken Connect project finally breaks ground
Fifteen years in the making, the public-private initiative will directly and indirectly support 15,290 permanent jobs and $234 million in tax revenue annually, according to the governor's office.
The STRO Cos. adds 45K square feet in Fairfield
The Ridgewood company said it added another industrial property to its portfolio, this one with high ceilings, full air conditioning and a location off of Route 46.
Avison Young leases 107K square feet for Shelbourne
The deals, which span properties in Piscataway and Bloomfield, follow the firm's securing more than 162,000 square feet for the private real estate holding company earlier this year.
WCRE secures South Jersey office lease for small biz lender
Channel Partners Capital will occupy approximately 7,800 square feet at this Class A, Burlington County building.
Downtown Newark’s Urby kicks off leasing (slideshow)
The collection of 250 new residences is adjacent to Rutgers-Newark, offering panoramic views of the city, a rooftop terrace, retail space and more.