Real Estate

Map of New Jersey filled with US dollars
Mar 1, 2022

Senate panel approves tax bracket changes, affordability bills

“There’s no mistake our first committee that I authorized was on the singular topic of affordability and property tax relief,” newly installed Senate President Nicholas Scutari, D-22nd District, said in a recent News12 New Jersey interview.

201 Mill Road in Edison is part of the Heller Industrial Park.
Feb 28, 2022

Bussel Realty Corp. reps tenant in 92,000-SF expansion

The industrial and retail real estate services specialists helped negotiate space for the 3PL provider in Edison.

West Windsor Commons at 7 and 9 Roszel Road in Princeton.
Feb 28, 2022

JLL closes sale of 320,000-SF West Windsor Commons

“West Windsor Commons has a great tenant lineup and long-term WALT [weighted average remaining lease term], which contributed to the interest levels," said Jose Cruz, part of the JLL Capital Markets team that represented the seller. "Well-located office buildings like this one in the Princeton suburbs continue to be in high demand from the investment community."

Feb 28, 2022

PA tree care service looks to expand to Summit

Lehigh Valley-based Joshua Tree Experts is entering the franchising space.

Headquarters Plaza, Morristown.
Feb 25, 2022

Colliers crafts lease extension, expansion at Headquarters Plaza

PLT Health Solutions has been a tenant at the Morristown complex for more than 30 years, and it's staying put.

Luxury rental community 3 Acres is located at 400 Claremont Ave. in the West Side section of Jersey City.
Feb 25, 2022

Leasing kicks up at 3 Acres on Jersey City’s West Side (slideshow)

“We made a big bet on the West Side, believing that the positive transformation that has taken place here in recent years paved the way for a top-of-market rental building with an extraordinary amount of indoor and outdoor amenities and high-level services,” said Art Johnson, a principal of 400 Claremont LLC, which developed 3 Acres. "We’re thrilled that the bet has paid off in terms of the [...]

Feb 25, 2022

$145M affordable housing complex breaks ground in Camden

Members of the Biden team and city officials came out to celebrate the start of the work that will redevelop Albett Village, built in the 1950s and located in the Cramer Hill neighborhood.

Businessman chasing trophy upstairs.
Feb 25, 2022

NAIOP NJ Deal of the Year deadline approaching

If you want a chance at taking top honors in the industrial, mixed-use and office categories--time's running out.

900 Fairmount Ave. in Elizabeth is a 138,642-square-foot, Class A, frozen storage facility that is fully leased to Seafrigo Cold Storage.
Feb 25, 2022

Frozen storage facility sold in NJ’s Port Industrial submarket

JLL Capital Markets represented the buyer in the purchase of the 138,642-square-foot Class A property.

Feb 24, 2022

The Park at Woodbridge Stations opens for preleasing

Wick Cos.’ newest apartment community will open in June.

3 Second St. at Harborside in Jersey City features an outdoor patio along the Hudson River.
Feb 24, 2022

Veris Residential secures tenant for 130K square feet at Harborside 3

According to a deal announcement, Professional Sports Authenticator's lease comprises the most office space leased in Jersey City by a tenant since September 2020.

Hand of builder with yellow hardhat, natural light,selective focus
Feb 24, 2022

CushWake arranges $42.75M acquisition financing for 171.3-acre site

Stalwart Equities enlisted the firm as exclusive advisor in procuring funding for Logan Township Industrial Park.