C&W works out $6.5M financing for Galloway retail center

Cushman & Wakefield Inc. helped secure $6.5 million for Smithville Square in Galloway Township. The recently renovated, 107,000-square-foot retail center less than a mile from the historic Smithville downtown is currently home to 19 tenants,...

500 Mars Wrigley employees headed to Newark site

Mars Wrigley Confectionary U.S. will bring 500 jobs to Newark after it opens an office in Mulberry Commons, the company announced Tuesday. The jobs will include 300 from the company’s current location in Hackettstown, 100...

C&W secures $66.6M financing for One Newark Center

Cushman & Wakefield Inc. was exclusive adviser to Beijing Ideal Property Development Co. Ltd to secure $66.58 million of financing for One Newark Center. The 10-year, fixed-rate financing was provided by Morgan Stanley Bank N.A. The...

Avenel industrial property fetches $6M-plus

An Avenel industrial building has sold for $6.325 million, according to industrial real estate services firm Bussel Realty Corp. The deal for the 55,000-square-foot property at 10 Production Way was arranged by Bussel’s Jordan Metz,...

Ellipse penthouse breaks Jersey City rental ask record

Penthouse Five at the Ellipse, the 41-story rental by LeFrak in the Newport section of Jersey City, comes with 2,300 square feet of room, including four bedrooms, four bathrooms, a private terrace, awesome views...

Developer starts conversion of former factory into apartments

Walters Group has broken ground at the site of a former pipe factory in Delanco. Cornerstone at Delanco will be a 64-unit, income-restricted apartment community at 200 Rhawn St. off Pennsylvania Avenue. The community is designed...

Legal-book business renews its lease at Clark center

The Lawbook Exchange is renewing its lease at the Clark Commercial Center. Matawan real estate firm Denholtz Associates announced the renewal for 11,700 square feet of office space at 33 Terminal Ave. at the Clark...

Roof4Roof’s Anania wants to use talents, profits to do good

Hurricane Maria destroyed more than 70,000 homes after it made landfall in Puerto Rico on Sept. 20. Residents have waited months to get federal assistance from the Federal Emergency Management Agency. Some, in fact, are...

Sheldon Gross brokers nine leases in Hillsborough complex

Sheldon Gross Realty got nine leases signed for Hillsborough’s Valley Park Corporate Park. The tenants at the multibuilding corporate park on Route 206 include new leases and renewals. Jonathan Glick, vice president at the West Orange...

Gebroe-Hammer says multifamily sales exemplify trend

Gebroe-Hammer Associates announced four sales in East and West Essex, totaling 150 units, for $18.35 million. The properties, which range from small to midsized urban low-rises to suburban garden-style complexes, are in locations with an...

Latest Articles

BetterPlanet Challenge: Ideas to create more electrified transportation options wanted

Ralph Izzo, the chair and CEO of Public Service Enterprise Group, said he can’t understand it. “When you look at the conditions in New Jersey,...

On Earth Day, Murphy announces strategy for resiliency

There’s a coastal resilience plan, a promise to build resilient and healthy communities, promoted coordinated government — and strengthening the resilience of the state’s...

PSEG donates $150K to Food Bank of South Jersey

In a gift that could feed as many as 500,000 people, Public Service Enterprise Group and the PSEG Foundation donated $150,000 to the Food...

Spencer closes on largest loan in its history

Spencer Savings Bank, based in Elmwood Park, announced it has secured the largest single transaction in its history, closing on a $22 million loan...

Bowman, Richardson added to D&I Council at NJBIA

Rodric Bowman with the American Red Cross and Claude Richardson with Delta Dental of New Jersey have been added as co-chairs to the Diversity...