Real Estate

Nov 22, 2013

100 Mile Fund provides 12.3M construction loan to Nobility Crest at Brick

According to the announcement, the project consists of two separate developments, including a mixed-use project with 21,109 square feet of retail space and 44 rental units made up of 30 […]

Nov 21, 2013

Mack-Cali buys Rahway complex in latest multifamily move

The real estate investment trust, based in Edison, said it purchased the two-building Park Square complex for about $46.5 million from Woodbridge-based Landmark Cos. The site is minutes from the […]

Nov 21, 2013

Jones Lang LaSalle exclusive leasing agent for 151,825-square-foot warehouse

According to the announcement, JLL will provide a full range of marketing and transaction services at the 151,825-square foot warehouse and light manufacturing facility. The JLL agency team will be […]

Nov 21, 2013

GAF to relocate to Parsippany, move into renovated Realogy building

GAF announced the move Wednesday,with plans to shift some 600 employees and contractors from its current headquarters in Wayne after renovations are complete at the Morris County building. In a […]

Nov 21, 2013

Rutgers dean Suburban ‘corporate palaces’ no longer viable

They either plan to leave or have already vacated each of their giant suburban New Jersey headquarters, or as Rutgers University Bloustein School of Planning and Public Policy dean James […]

Nov 20, 2013

Monmouth Real Estate closes 15.2M Texas industrial acquisition

According to the announcement, the property is net-leased for 10 years to FedEx Ground Package System Inc., a Delaware corporation. The building is situated on approximately 17 acres in the […]

Nov 20, 2013

Local, state officials cheer benefits of transit-oriented development

Speaking Tuesday at the New Jersey State League of Municipalities Conference in Atlantic City, Somerville mayor Brian Gallagher said transit-oriented development has been mutually beneficial for his borough and the state.

Nov 19, 2013

Former NJIT development chief launches real estate firm

The former chief of the New Jersey Institute of Technology’s $1.3 billion redevelopment project in Newark has launched a new firm focused on urban revitalization.

Nov 19, 2013

CIT arranges 110M financing for Epic Health Services

According to the announcement, Epic Health Services, a provider of pediatric home health and therapy services as well as adult in-home services, is a portfolio company of Webster Capital, a […]

Nov 18, 2013

LCOR secures 49M Bloomfield Ave. construction loan

According to the announcement, LCOR closed on construction financing for its 304,271 sq. ft. mixed-use project at 638 Bloomfield Ave. in Montclair. LCOR secured a construction loan for over $49 […]

Nov 18, 2013

Goldman steps down as NJPAC real estate chief after securing funds for Newark project

Goldman will become a part-time instructor at Rutgers University, NJPAC said in a news release. He will be succeeded by the arts center’s current president and CEO, John Schreiber, who […]

Nov 18, 2013

New VP for investment sales at The Goldstein Group

According to the announcement, Lowe has more than 20 years of acquisition, deposition and leasing experience in nearly all commercial real estate sectors. His prior positions included being a court […]