The sale of the three-property package exhibits demand for "value-add" apartment buildings in Essex County, according to Vice President Michael Kossak.
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Real Estate
Levin kicks off construction on 30K-square-foot industrial site
The firm's forthcoming Class A warehouse is designed to serve high demand for space in the sector with the project coming to the Rutgers Industrial Center in Middlesex County.
Read More »Crossings at Raritan Station hits 100% leased
“It’s notable that we opened in the middle of a pandemic, when very few people were commuting by train, and we still appealed to a wide range of residents," said Accurate President and CEO Jack Klugmann of the luxury transit-oriented rental property in Somerset County, which also offers convenient access to major roadways.
Read More »First National Realty Partners expands executive team
Doug Holtzman joins the Red Bank-based firm in a new position for the company: vice president of NNN leasing and acquisitions.
Read More »Kushner’s The Shops at Pier Village adds tenants, including Starbucks
Marking the ninth new additions to come over the past seven months, the coffee giant will be joined by a new Asian cuisine dining option at the seaside shopping center.
Read More »Baraka vows to fight corporate purchases of Newark homes
“In cities and even suburbs across America, institutional investors are eroding the American dream of homeownership as they convert owner-occupied homes into corporately owned rental units,” the mayor said during a City Hall news conference.
Read More »Advisors Mortgage expands Jersey Shore footprint
Elena DeAnnuntis will serve as branch manager of the new Ocean City location.
Read More »Denholtz brings on general counsel (updated)
The addition of the former GC for Monmouth Real Estate Investment Corp. follows a March expansion of the executive team, as the Red Bank firm seeks to bolster its national presence.
Read More »Terreno sells Bridgewater industrial park to Texas investor for $110.4M
Houston's Lovett Industrial and a capital partner acquired the 18-building property, which is situated on nearly 39 acres and located between Route 22 and Interstate 287.
Read More »NJCC awards $985K to revitalize East Trenton
This year's grant funding marks the sixth time New Jersey Community Capital has secured funds for the North Ward subset through the New Jersey Department of Community Affairs' Neighborhood Revitalization Tax Credit Program.
Read More »CBRE arranges East Orange apartment building sale
According to the firm, members of its Institutional Properties team have helped Stamford, Conn.-based OneWall Communities offload nearly 500 units in the Essex County municipality and neighboring Newark over the past four months to the tune of $83 million.
Read More »Princeton life science facility changes hands in sale arranged by CushWake
The property is fully leased to a provider of chemistry and biopharmaceutical services that more than doubled its footprint at the location in December 2021 to fully occupy the property.
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