The Somerset County Improvement Authority is working with Peapack & Gladstone and the project's developer to ensure that a new luxury hotel and residential community coming to the historic property minimizes its impact on the environment.

Well-connected Somerset County saw the bulk of the action in a trio of industrial deals announced by the Edison-based firm this week.

The initiative from the Office on Aging & Disability Services is designed to give more access to locally grown produce, honey and herbs; to increase the domestic consumption of agricultural commodities through the pop-ups, roadside stands and community-supported agricultural programs; and to aid in the development of local agriculture.

Cushman & Wakefield arranged the deal on behalf of the seller.

CBRE arranged and announced the purchase, which comes after the township's rezoning of its Corporate Business District to allow for industrial uses.

Crossings at Raritan Station delivers 276 residences to a convenient commuter locale.

Renters are responding favorably to the amenity-rich rental community with convenient mass-transit access, and proximity to a lively, walkable downtown with shops, restaurants and cultural attractions.

The site was acquired by a Brookfield Asset Management real estate fund that plans to break ground on a 176,000-square-foot state-of-the-art warehouse facility in 2022.

The private enclave of luxury, low-maintenance townhomes in Somerset County offers pre-construction pricing from $899,995 available for a limited time.

A partnership between Exan Capital and Mirabaud Group purchased the assets with assistance from a five-year, fixed-rate acquisition loan secured by JLL through New York Life Real Estate Investors.

The Edison-based commercial real estate firm procured the deal for a 45,300-square-foot asset for $5,662,500.

CustomPictureFrames.com purchased the property to relocate and expand its operations.