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Jersey City’s Lumber House gets $21.5M financing
M&T Realty Capital unveiled the deal for the fully leased luxury community located in The Heights, adjacent to Riverview Park.
Micro apartment building in Jersey City draws $25.5M financing
JLL arranged the loan for Nest Micro Apartments, a six-story collection of 122 studio residences located in Journal Square.
Atlantic City’s Lighthouse Plaza sells for $17M, Marcus & Millichap says
Marcus & Millichap announced the sale of the mixed-use property, which offers views of the historic Absecon Lighthouse, the Absecon Inlet and the Atlantic Ocean.
351 Marin celebrates lease up in JC
“When we took office, we really had a pro-development stance because we recognized that a healthy city is a growing city,” Jersey City Mayor Steven Fulop said. “You just need to look around us right here at 351 Marin and there aren’t many cities in the state that can absorb two 50-story buildings going up across the street from each other simultaneously and at the same time, a crane half a[...]
Under new ownership, Princeton Pike Office Park set for renovations
Following its acquisition by a joint venture of Reynolds Asset Management and Capital Solutions Inc., the six-building, 250,000-square-foot property will get updated lobbies, modern workspaces and more.
The Waterton opens doors in Secaucus (slideshow)
Woodmont Properties, Canoe Brook Development and PIRHL celebrated the debut of the collection of studio, one- and two-bedroom units, which according to the developers, is already more than 50% leased after just two months.
NAI Fennelly records over 212K square feet in leasing activity in Q1
According to the Hamilton-based firm, that adds up to an aggregate value of $12.2 million, building upon its 2021 efforts, which saw 1 million square feet of leasing activity and renewals negotiated across Central Jersey and eastern Pennsylvania.
Amazon signs on as Project REAP sponsor
Recognizing a shared mission to diversify the commercial real estate industry, the retail giant will also help to enhance the organization's presence in two additional cities in the U.S., and serve as a presenter for its online academy with the Urban Land Institute.
Eisenhower Park in Roseland ready for multimillion-dollar revamp
The start of the impending project follows lease agreements with two prominent New Jersey law firms: Brach Eichler LLC and Chiesa Shahinian & Giantomasi PC. According to property management provider Diversified Management Plus, the work will help to retain and attract additional tenants to the Class A complex.
Triple-net leased medical office properties sell for $7M
CBRE arranged the sale of Riverside Medical Office Portfolio, which includes assets located in Voorhees, Lyndhurst and Teaneck.
EPA awards $6.5M for contaminated NJ sites
Overall, $254.5 million will be distributed to 265 communities nationwide. In New Jersey, the funding from the Brownfields Grants will go to four state applicants.
Real estate titan Realogy unveils new name
The rebranding for the Madison-headquartered company – home to brands like Century 21 and ERA – emphasizes to its customers that it can meet them “at any point in the real estate transaction journey.”
