Commercial mortgage brokerage firm Eastern Union Funding, of New York, announced Monday it has arranged approximately $21 million in financing for multifamily properties in New Jersey.
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Real Estate
First Grow N.J. headquarters project breaks ground in Mahwah
Ascena Retail Group Inc. and Dress Barn Inc. broke ground today on their new North American headquarters in Mahwah, the first corporate headquarters in the state to receive incentives under the Economic Development Authority's Grow New Jersey Assistance Program.
Read More »Sandy’s coming meant ‘all of the rules changed’ for N.J. architecture firms
Business had been improving for Stephen Carlidge's architecture firm since more than a year before Hurricane Sandy. That meant his pipeline was being replenished with both residential projects and commercial projects, like a parking garage near a boardwalk in Monmouth County.
Read More »Signs of strength in South Jersey real estate market
The South Jersey Commercial Real Estate market had a solid first quarter of 2013, according to a new report, fueling hopes for a strong 2013.
Read More »Teachers Village construction starts new phase
What's been called one of the most ambitious projects in Newark moved ahead into a new phase today, as Hollister Construction Services started on the second building of the Teachers Village, a mixed-use project headed by RBH Group.
Read More »N.J. builders group names acting CEO
Carol Ann Short, a former counsel to the New Jersey General Assembly Republican Office, has been named acting CEO of the New Jersey Builders Association, the trade association for the state’s construction industry.
Read More »Mack-Cali sells N.Y. property in 17.5M deal
Mack-Cali Realty Corp., the Edison-based real estate investment trust, announced Wednesday it sold 19 Skyline Drive, in Hawthorne, N.Y., in a $17.5 million deal.
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Prologis breaks ground on major industrial project in Jersey City
The smoke that once billowed from underground chemical fires and wreaked havoc on the Pulaski Skyway was not enough to discourage Prologis Inc. in 2005, when it first moved to buy a large piece of a former landfill in Jersey City.
Read More »JLL represents Dr. Reddy’s for headquarters lease in Princeton
Jones Lang LaSalle, in Parsippany, announced Tuesday it completed a new, direct lease for 106,500 square feet of office and lab space for Dr. Reddy's Laboratories Inc. with National Business Parks Inc., in Princeton.
Read More »HFF closes sale of Middlesex County property
Mortgage banking firm HFF announced Tuesday that its Florham Park office closed the sale of 1111 Durham Ave., a 236,710-square-foot office building on the border of South Plainfield and Edison.
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EDA approves 99 million for trio of residential Urban Transit Hub projects
The New Jersey Economic Development Authority approved $99 million in new Urban Transit Hub tax credits this morning, essentially exhausting the $100 million set aside last year for residential projects.
Read More »Egg Harbor office building sells in 5.65M deal
Gladstone Commercial Corp., of McLean, Va., announced today it purchased a 29,257-square-foot office building in Egg Harbor for $5.65 million.
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