C&W arranges $29.7M in acquisition financing for Princeton office property

Cushman & Wakefield has arranged $29.7 million in acquisition financing for a Class A office property in Princeton, the real estate firm said Friday. The firm served as exclusive adviser to the Cali Group in...

Former Western Union office property to become assisted living facility after $5.5M sale

A former Western Union office building in Montvale has been sold for $5.5 million, with a repositioning of the property planned, according to real estate firm Savills. The firm said in a news release that...

Faropoint: Meet industrial REIT that is coming into southern New Jersey in big way

If you’re not familiar with Faropoint just yet, you likely will be soon. After all, it already is buying up properties in southern New Jersey in bunches. There’s just one catch: The industrial REIT does...

CREDE, Calif.-based real estate development firm, opens office in Summit

CREDE, a Southern California-based commercial real estate development and construction management company with offices in seven states, is opening an office in Summit as part of its expansion into the mid-Atlantic region, the firm...

Under-construction warehouse in Hamilton sells for $29.6M, CBRE says

A 146,000-square-foot warehouse under construction in Hamilton has been acquired, according to real estate firm CBRE, which has been named exclusive leasing agent for the property. The property at 2555 Kuser Road, called the Kuser...

ShopRite-anchored retail center in Sewell is sold

A retail center anchored by a ShopRite has sold in Sewell, according to JLL Capital Markets. Mill Pond Village, a 94,550-square-foot, two-building center at 380 Egg Harbor Road, is 98% leased, the firm said in...

Provident Bank signs leases for administrative HQ, ops center in Woodbridge

Cushman & Wakefield has arranged two long-term leases on behalf of Provident Bank for office space in Woodbridge, it announced Wednesday. The bank will use the locations for administrative headquarters and an operations center,...

Kenvil property sold, NAI Hanson says, with residence to become business space

A 2.7-acre property in Kenvil has been sold, with plans to convert the residential building on site into office and industrial uses, according to real estate firm NAI James E. Hanson. NAI Hanson said in...

Two businesses renew leases at Matrix’s Cranbury campus

Matrix Development Group has signed two lease renewals at its Matrix Corporate Campus in Cranbury, it announced recently. The two leases total 50,511 square feet at the 13-building, 345,000-square-foot campus, the company said in a...

Eisai moving U.S. HQ to ON3, chooses SJP to lead buildout (SLIDESHOW)

Eisai Inc., the U.S. pharmaceutical subsidiary of Japan’s Eisai Co. Ltd., is relocating its U.S. headquarters from Woodcliff Lake to the ON3 complex in Nutley, choosing SJP Project Solutions to lead the buildout of...

Latest Articles

Murphy thrilled unemployment claims dropped by 20%

Unemployment numbers in New Jersey have been on a more or less steady increase for the past 10 months, as COVID-19 continues to wreak...

Is it time to reconsider regional reopening plan?

New Jersey Chamber of Commerce CEO Tom Bracken said he had little hope when his organization approached Gov. Phil Murphy’s administration about a regional...

For Murphy, aides’ N.J.-D.C. shuttle means more hope for Gateway Tunnel project

Gov. Phil Murphy spoke glowingly of the state-level officials that are heading to Washington, D.C., for roles in President Joe Biden’s administration. “We’re going to...

Want to buy property in Newark? Website for Land Bank is now open

In an effort to increase homeownership and property ownership in Newark, Invest Newark has launched a dedicated website for the Newark Land Bank, which...

JLL arranges $90M+ in financing for 2 of Ironstate’s Hoboken properties

JLL Capital Markets has arranged more than $90 million in financing for two multihousing properties in Hoboken’s Shipyard neighborhood, it said Friday. JLL worked on...