Development site in Franklin Lakes sold; medical office building coming

A development site in Franklin Lakes has been sold, according to real estate firm NAI James E. Hanson, with the new owner planning a medical office building. The property, 0.65 of an acre at 833-837...

Onyx, Garrison start $10M renovation project at Paramus office property

Onyx Equities and Garrison Investment Group have begun a $10 million renovation project to reposition a Bergen County office property, they announced Friday. The 363,000-square-foot Class A building at 650 From Road in Paramus is...

Habit Burger opens 11th N.J. location, in Union

The Habit Burger Grill chain has opened its 11th New Jersey location, in Union, it announced this week. The California-based fast casual burger restaurant opened Wednesday at the Shoppes at Vermella Union, 1101 E. Morris...

Mack-Cali sells 203K sq. ft. Woodbridge office building to tenant Plymouth Rock

Mack-Cali Realty Corp. has sold a 203,000-square-foot Woodbridge office building for $61 million, continuing its divestiture of suburban office holdings, it announced this week. The 203,335-square-foot building at 581 Main St. was purchased by 581...

Kislak brokers two Vineland apartment complex sales totaling $15.1M

A pair of multifamily properties in Vineland have sold for a combined $15.1 million, according to real estate firm the Kislak Co. Inc. Regency Court, at 752 S. East Ave., and Chestnut Court, at 729...

The Hub: Four giant anchors — and plenty of room to grow

Thursday’s webinar to formally introduce the anchors of The Hub — a center of innovation in New Brunswick that has been on Gov. Phil Murphy’s wish list since his inauguration — included some of...

Jersey City apartment property sells for $4.4M

A Jersey City multifamily property with 31 units has sold for $4.4 million, CBRE said this week. The three-story property at 25 Van Reipen Ave. was sold by its longtime owners, 25 Van Reipen Inc.,...

Somerdale strip center sold to one of its tenants, Vantage says

A retail strip center in Somerdale has been sold, according to real estate firm Vantage Commercial. The Cherry Hill-based firm said in a news release that Columbia Centre, 700 S. White Horse Pike, was sold...

Rahway condo units, recently used as apartments, sold for $26.5M

A group of 160 condominium units at the Skyview Rahway property has sold for $26.5 million, according to Woodbridge-based real estate firm the Kislak Co. Inc. The units at 80 E. Milton Ave. had been...

Fidelco, Elberon to build 140K sq. ft. freezer warehouse for FreezPak on Elizabeth/Newark border

In what only can be considered a big win for both Elizabeth and Newark — as well as the still-booming industrial sector in the state — Fidelco Realty Group, Elberon Development Group and FreezPak...

Latest Articles

DOL: Unemployed workers will get $600 in additional benefits this week

The state’s Department of Labor & Workforce Development said Tuesday it has successfully processed supplemental unemployment payments for more than 500,000 people. Those eligible for...

Murphy, with no holiday spike and new president, expresses optimism despite vaccine shortcomings

While acknowledging there still is a supply issue involving getting doses of the COVID-19 vaccine, Gov. Phil Murphy expressed optimism about the state’s fight...

Bridgewater office building sold, C&W says

A Bridgewater office building has been sold, according to real estate firm Cushman & Wakefield. The 58,233-square-foot property at 745 U.S. Highway 202/206 was sold...

3 top lawyers join Mandelbaum Salsburg as partners

Robert Scrivo, a former special counsel and assistant U.S. attorney working out of the Newark office, is one of three top lawyers to join...

JLL arranges $89.5M development loan, $48.8M acquisition loan

JLL Capital Markets has arranged the financing for a pair of projects, it announced Tuesday. In the first deal, the real estate services firm announced...