Real Estate

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Edison retail center sells for $53M, CBRE says

The Festival Plaza retail center in Edison has sold for $53 million, according to real estate firm CBRE. The 151,763-square-foot, fully leased...

Retail is (not) dead: Just ask the real estate firms doing the leasing

Each season seems to bring the fall of a new retailer. But, even as some longtime retail businesses shutter locations due to the springing up of...


EDA formally on board with Devco’s ‘Hub’ project

The New Jersey Economic Development Authority on Friday said it has approved actions that will advance Gov. Phil Murphy’s goal of bolstering the...

Jersey Mike’s adds pair of real estate execs

When you think of Jersey Mike’s, you probably think of subs, and not real estate. But the Manasquan-based sandwich chain is bolstering its real...


Meridian Capital Group arranges $15M in financing for multifamily property in Somerville

Meridian Capital Group, a dealmaker, announced Thursday it has arranged $15 million in construction financing for a multifamily property in...

Hampshire celebrates groundbreaking of 119K sq.ft. mixed-use facility in Hackensack

The city of Hackensack celebrated another milestone in its rebirth with the groundbreaking of 389 Main, a five-story, 119,000-square-foot mixed-use...


Investors Bank finances over $300M in CRE loans, $67.8M in N.J.

Short Hills-based Investors Bank Commercial Real Estate Lending Group announced it has recently given out 15 loans worth $308.3 million for a range...

Wyndham board Oks hotels spinoff as European sale wraps up

Wyndham Worldwide Corp.’s transformation is continuing, the company said, as the board of directors approved the spinoff of the company’s hotel...


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