Real Estate

Feb 2, 2022

Lee & Associates NJ arranges Morristown, Chatham sales

The firm said it arranged the transactions and helped reposition the properties by obtaining development approvals.

75 Park Lane in Jersey City.
Feb 2, 2022

Jersey City penthouse sells for record $5.7M (updated)

The previous benchmark was set last October with a sale at the state's tallest residential tower.

A conference room table
Feb 2, 2022

Schultz to chair Hackensack Meridian Riverview Medical Center Foundation

Onyx Equities co-founder and Managing Partner Jonathan Schultz takes over for Steven Scopellite, who served in the role since 2017.

104 Route 70 in Cherry Hill houses a Crab du Jour and Firstrust Bank.
Feb 2, 2022

Atkins Cos. sells South Jersey restaurant

According to the company, proceeds from the sale will go toward pursuing strategic health care real estate acquisitions.

100 Industrial Ave. in Ridgefield Park
Feb 2, 2022

NAI James E. Hanson negotiates sale of Ridgefield Park industrial site

Situated along the Hackensack River, the 3.5-acre property is less than 1 mile from the intersection of Interstate 80 and the New Jersey Turnpike.

241 Oraton St. in Newark.
Feb 2, 2022

Thor Equities Group acquires Newark industrial asset

JLL Capital Markets announced the sale and arranged acquisition financing for the property located along the highly connected Route 21 corridor.

The Print Shop has occupied space at 14/24 E. Wesley St., South Hackensack for more than 60 years.
Feb 1, 2022

Alfred Sanzari lease renewal marks continuation of 60-year relationship

The Bergen County tenant will continue to occupy space at the industrial property where much of its initial lease agreement was negotiated on the sidewalk as the building was under construction.

Another designated transit village, The Link at Aberdeen Station.
Feb 1, 2022

NJ puts up $3.8M for downtown transit villages

The program, overseen by the Department of Transportation, was started in 1999 with the goal of developing pedestrian-friendly areas around key train and bus stations across the state.

1515 Broad St. in Bloomfield.
Feb 1, 2022

Avison Young NJ arranges 162K square feet in leases for Shelbourne Global

The New York-based company's Garden State commercial portfolio boasts 631,784 square feet in Piscataway and Bloomfield.

25 Cotters Lane in East Brunswick.
Feb 1, 2022

Bussel Realty subleases 17K square feet in Middlesex County to VanMoof

The e-bike maker signed on at a 41,340-square-foot industrial property.

The Kislak Co. Inc. arranged the sale of the Canterbury Apartments in Cornwall, N.Y.
Feb 1, 2022

Kislak sells upstate NY apartment complex for $7.29M

The 48-unit apartment complex has been owned by the same family since it was built in 1964.

1000 MacArthur Blvd. in Mahwah will be redeveloped by Russo Development and PGIM into a Class-A industrial property.
Jan 31, 2022

Mahwah industrial redevelopment site sells for $17.5M

According to CBRE, the purchase marks the first venture for partners Russo Development and PGIM.