Real Estate

Elmwood Park Plaza.
Mar 10, 2022

OneMain Financial heading to Elmwood Park Plaza

Alfred Sanzari Enterprises announced the lender is joining the roster at the professionally managed, four-story office building.

Plaza Square, a 415-unit apartment complex situated in downtown New Brunswick, built in 2004.
Mar 10, 2022

New Brunswick apartment community sells for $173.45M, CBRE says

Built in 2004, the 415-unit complex is situated in the city's burgeoning Central Business District.

Hillsborough Business Center
Mar 10, 2022

Longtime tenant expands at Larken’s Hillsborough Business Center

Over the years, Bezwada Biomedical's footprint at the 100-acre industrial/flex complex has grown from 1,500 square feet to 9,000 square feet.

Mar 9, 2022

Celebrity chef to open Southern comfort food restaurant in Newark

Melba Wilson is the founder of popular Harlem eatery Melba’s Restaurant, which has been frequented by celebrities since its opening in 2005, and in 2020 caught the attention of Prince Harry and Meghan Markle.

Starbucks is the latest retailer to sign on at Park11 in Belleville, the redevelopment project from Tulfra Real Estate and joint venture partner The Hampshire Cos.
Mar 9, 2022

Park11 in Belleville secures $6.37M construction loan

The financing will help to bring three additional retail pad sites to the 20-acre development from joint venture partners Tulfra Real Estate and The Hampshire Cos.

Alfred Sanzari Enterprises's Glenpointe corporate campus located at 300/400/500 Frank W. Burr Blvd. in Teaneck.
Mar 9, 2022

Alfred Sanzari signs dual renewals at Glenpointe

The tenants have resided at the 670,000-square-foot work-play-stay campus since 2012 and 2016.

Architecture Blueprint Floor Plan Construction redevelopment
Mar 9, 2022

Michael Graves Architecture & Design acquires Maryland firm

According to the Princeton-based buyer, the addition of Waldon Studio strengthens its health care, education and worship sectors.

JLL represented Hartz Mountain Industries, and procured buyer American Equity Partners, in the sale of boutique office building 15 Exchange Place in Jersey City.
Mar 9, 2022

Waterfront Jersey City office building sells for $48M

JLL Capital Markets represented the seller, Hartz Mountain Industries Inc., and procured the buyer for the 136,000-square-foot property.

Money Home Coin Investment Business Finance Bank
Mar 9, 2022

TD Bank foundation awards $5.8M in housing grants

Five recipients from the Garden State were chosen, receiving a total of $875,000.

Mar 9, 2022

Rowan buys Intermediate School from Glassboro School District for $3.4M

The district's 2021 strategic plan included consolidating students to optimize space, facilitate educational programs, and enhance cost efficiency. According to Glassboro Public Schools Superintendent Mark Silverstein, the move will save about $175,000 per year in operating and maintenance costs.

103 Chancellor Ave. is located in Newark's Weequahic neighborhood.
Mar 8, 2022

Newark workforce housing portfolio sells for $30M, CBRE says

CBRE's Institutional Properties team arranged the sale for the two-building, 191-unit package.

The Bowling Center in Eatontown at the former Fort Monmouth will be renovated and reused as a bowling alley and entertainment space.
Mar 8, 2022

Fort Monmouth puts out revised call for its mixed-use Mega Parcel

The updated Request for Offers to Purchase increases the site's footprint to about 292 acres, and is now inclusive of the property's former Bowling Center.