Newark Land Bank, potential wealth creation tool that can improve quality of life, formally...

Calling it a long-awaited initiative to improve quality of life — and homeownership — in Newark, Invest Newark formally launched the Newark Land Bank on Tuesday. The initiative, championed by Mayor Ras Baraka, aims to...

EDA to reopen residential component of ERG program in June

The New Jersey Economic Development Authority announced Tuesday that it will reopen the residential component of the Economic Redevelopment and Growth Program, utilizing $50 million in tax credits designated in the Economic Recovery Act...

Alpha apartment complex sells, NAI DiLeo-Bram says

The Evergreen Village Apartments complex in Alpha has sold, according to real estate firm NAI DiLeo-Bram & Co. The firm said in a news release that the seven-building property includes 98 units in one- to...

JLL arranges $60M refinancing for Hackensack apartment tower

JLL Capital Markets has arranged a $60 million refinancing for a multihousing tower located in Hackensack, it announced this week. The 18-story building at 170 Prospect Ave., Excelsior II, includes 267 units in one- and...

Membership club leases 130K sq. ft. Lodi building

A wholesale membership club has leased a 130,000-square-foot property in Lodi, according to real estate firm CBRE. AAA Wholesale leased the former National Wholesale Liquidators building on Route 17, the real estate firm said in...

Dover apartment complex sells for $15.7M, Gebroe-Hammer says

A Dover apartment community has sold for $15.7 million, according to real estate firm Gebroe-Hammer Associates. Dover Hills Apartments, 99-120 First St., was sold by Dover Hills Properties LLC to an undisclosed private buyer. The...

7.2 acres in Jersey City’s Waterfront section sold for $25.5M

A transit-oriented multifamily development site in Jersey City has sold for $25.5 million, according to real estate firm CBRE. The real estate firm said in a news release that Route 440 Owner LLC has acquired...

C&W arranges $69.5M in financing for two-state industrial portfolio

Cushman & Wakefield has arranged $69.5 million in financing for a 25-building light industrial portfolio in South Jersey and Pennsylvania. The firm said it served as exclusive adviser to Camber Real Estate Partners in the...

Auto parts supplier leases 300K sq. ft. under-construction industrial property

An auto parts supplier has leased a 300,700-square-foot industrial building being built in Florence, according to real estate firm NAI Mertz. The Mount Laurel-based firm said in a news release that DNA Motoring, an aftermarket...

Two sign leases at Hillsborough Business Center, Larken says

Two companies have signed leases for industrial space at Hillsborough Business Center, according to property owner Larken Associates. Superspar Packaging Corp., a maker of widemouth polymer containers, signed a lease for 3,000 square feet, and...

Latest Articles

Gateway Development Commission feels latest $25M project is another step toward ultimate goal

The Gateway Development Commission announced Friday that Amtrak has awarded a contract and work has begun on behalf of the Gateway Program to relocate...

Jebb named Ramapo’s next president — brings dynamic academic and military background to role

Cindy Jebb, a brigadier general in the U.S. Army who has a Ph.D. in political science from Duke University and is a graduate of...

Verizon announces Women’s CoLab — initiative to mentor, support women in workplace

In an effort to combat the increasing issue of women leaving the workforce in unprecedented numbers due to issues stemming from the COVID-19 pandemic,...

CVS now giving COVID-19 vaccine at more than 100 locations in N.J. — here...

CVS now has more than 100 stores in New Jersey administering COVID-19 vaccine shots. The stores began taking reservations Friday. Click here to register. CVS, which expanded...

HUMC becomes 1st hospital in nation to use new ‘Breethe’ treatment that helps COVID...

Hackensack University Medical Center has become the first hospital in the world to use a new extracorporeal membrane oxygenation system to treat and improve...