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Maersk leases 233K square feet at Linden Logistics Center
Maersk signs 233,492-square-foot lease at Advance Realty, GREP and PGIM Real Estate's 200 Linden at the Linden Logistics Center, expanding its North American ground freight network in Union County.
JLL arranges financing for 600K-SF Exit 8A industrial deal
The Capital Markets team arranged a loan for the Exit 8A acquisition through PGIM Real Estate for WPT Capital's Middlesex County purchase.
Newmark’s $125M refi for Rosewood includes NJ self-storage
The company arranged the funding for Rosewood Property Co.’s 19-site portfolio through PGIM Real Estate.
PGIM Real Estate closes $2B global data center fund
The fundraise coincides with a report finding the North American sector doubled the amount of supply under construction in 2024 to a record 6,350.1 MW.
Linden Logistics Center adds tenant for 197K square feet
The central part of the state continues to see a push in industrial demand, with CBRE securing Fabuwood Cabinetry for this 4.1 million-square-foot complex from partners Advance Realty Investors, Greek Real Estate Partners and PGIM Real Estate.
PGIM forms new private alternatives business, promotes execs
The Newark-based firm said move will provide investors with a cohesive set of investment solutions across private credit, real estate equity and debt, private equity, infrastructure and agriculture.
Camden County industrial portfolio secures $103M financing
PGIM Real Estate secured a fixed-rate loan for DRA Advisors' $194.5 million purchase of the 1.3 million-square-foot Twinbridge Industrial Park.
1.7M-square-foot Garden State Logistics Center secures $180M construction loan
Affinius Capital LLC originated the loan on behalf of a joint venture of PGIM Real Estate and CT Realty to finance the ground-up development.
PGIM RE strengthens community partnerships
The $206.8 billion real estate investment and financing business revealed collaborations – and a cumulative contribution of $150,000 – with five nonprofit organizations that help to advocate for racial equity and social justice in the U.S.
CT Realty, PGIM to bring 1.7M-square-foot logistics center to Salem County (updated)
Located at the former Deepwater property next to the Delaware Memorial Bridge at Interstate 295, Garden State Logistics Park will be comprised of two buildings — measuring 1.2 million square feet and 512,442 square feet, respectively.
Scion Group, PGIM Real Estate form JV; acquire two student housing properties
The joint venture's completed acquisition includes Class-A communities totaling 1,244 bedrooms, one at Rutgers in New Brunswick, and the other at the University of Florida.
