Urstadt Biddle Properties Inc., in Greenwich, announced Thursday it acquired The Village Shopping Center, in New Providence, for $34.85 million.
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Real Estate
Hoping for fall construction start on ambitious, long-delayed Sayreville project
After five years of complex environmental cleanup, the developer planning to build a 450-acre “fortress mall” and mixed-use project at a former paint manufacturing site in Sayreville hopes to start construction this fall, a company executive said today.
Read More »Marcus Millichap sells Pompton Lakes property in 6M deal
Real estate investment services firm Marcus & Millichap Real Estate Investment Services, of Elmwood Park, announced Tuesday the sale of three properties, including a mixed-use property in Pompton Lakes.
Read More »G.S. Wilcox closes retail property financings totaling 25.8M
The full-service mortgage banking firm G.S. Wilcox & Co., of Morristown, announced Tuesday it closed two financings on retail properties totaling $25.8 million.
Read More »Mack-Cali sells Bridgewater property in 72 million deal
Mack-Cali Realty Corp., in Edison, announced Monday it sold its office building at 55 Corporate Drive, in Bridgewater, in a $72.3 million deal.
Read More »Princeton REIT launching offer for up to 125M of common shares
Chambers Street Properties, a self-managed Maryland real estate investment trust in Princeton, announced Monday its intent to list its common shares on the New York Stock Exchange, effective on or about May 21.
Read More »Long Branch hotel undergoing 18 million renovation
It suffered minimal damage during Hurricane Sandy, but the Ocean Place Resort and Spa in Long Branch is undergoing an $18 million renovation to its property, according to General Manager Jerry Broz.
Read More »Incentives bill clears key Assembly committee
Assemblyman Albert Coutinho's (D-Newark) closely watched Economic Opportunity Act of 2013 cleared the Assembly Budget Committee Thursday.
Read More »Advance Realty acquires Sanofi site in Bridgewater
Advance Realty and a Boston-based investment partner have acquired the former Sanofi U.S. research and development complex in Bridgewater, where the Bedminster-based developer will soon relocate its headquarters, the companies announced today.
Read More »Commercial Mortgage Capital closes 31 million in loans
Livingston-based Commercial Mortgage Capital announced Thursday it has recently closed $31.6 million worth of loans, according to a release.
Read More »N.J. carpenters union joins with N.Y. counterpart
The New Jersey Carpenter Contractor Trust announced it has entered into an agreement with the Empire State Carpenters Labor Management Funds to utilize shared resources for the marketing and promotion of union carpenters and contractors.
Read More »DCA awards grants to 20 municipalities
Small Cities grants totaling $6.5 million have been awarded by the state Department of Community Affairs to 20 municipalities in eight counties.
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