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Prism refinances office, 399 Jefferson in Parsippany

Bloomfield-based Prism Capital Partners, a real estate owner and developer, announced Thursday it has secured a new mortgage loan for 399 Jefferson Road in Parsippany. Prism initially purchased the Class A building in 2003,...

Is Newark good (and inexpensive) place to put company HQ? This study says, ‘Yes’

How does Newark rate for companies seeking a new headquarters? Pretty high. At least that was the take of The Boyd Co., a Princeton-based site selection firm. When it comes to annual operating costs of $22.1...

C&W advises on $60M loan for Bogota luxury multifamily project

Cushman & Wakefield announced Wednesday its Equity, Debt & Structured Finance team advised on a $60 million construction loan for the first phase of a 13-acre, multifamily development in Bogota. New Providence-based PCD Development LLC,...

N.J. rents spike as peak season is in effect

On the hunt for a new apartment this summer? If rent is anything to consider, you may want to hold off. The national average rent has seen a spike as peak rental season is...

Toys R Us to open first 2 stores by holiday season, including 1 in...

The first two new Toys R Us stores will be opening in time for the holiday season, according to Tru Kids Brand, the Parsippany-based parent company of the Toys R Us brand. Plans include opening...

NITA relocates corporate HQ to Marlton; opens Closing Café

National Integrity Title Agency, a tile insurance and settlement company for commercial and residential real estate, announced Thursday it has relocated its corporate headquarters to Marlton. The new site, located at 1 Holtec Drive, is...

CBRE arranges industrial portfolio sale in Moorestown

CBRE announced Wednesday it has arranged the sale of a two-building industrial portfolio in Moorestown on behalf of an affiliate of Endurance Real Estate Group. The property is located at 550 Glen Ave. and 600...

CBRE’s Philly team sells 27 properties worth $104M in first half of 2019; 5...

CBRE announced Tuesday its Philadelphia-based Net-Leased Properties team sold 27 properties in the first half of 2019, totaling $104.4 million. Matthew Gorman, Michael Shover led CBRE's Net-Lease Property Group Mid-Atlantic team along with Thomas Finnegan...

Transit-oriented rental development breaks ground in Jersey City (SLIDESHOW)

A new transit-oriented, mixed-use development has broken ground in Jersey City, according to developer Saul Bardosh. Construction work has begun on the 20,000-square-foot, five-story, 10-unit, transit-oriented development, Bardosh said. The project is slated for completion...

Gonsosa Development plans for new multimillion dollar redevelopment project in Elizabeth

Gonsosa Development has planned for a new multimillion dollar redevelopment project in the Elizabeth neighborhood of Frog Hollow, the commercial real estate company announced Tuesday. The project, which calls for the construction of 23 two-family...

Latest Articles

Marcus & Millichap arranges $8M in financing for Union County fitness center

Marcus & Millichap Capital Corporation arranged $7,950,000 in financing for the acquisition of a single tenant asset tenanted by LA Fitness in Linden, according...

Walters transforming Osborn Dunes at South Mantoloking as rebuild progresses

Osborn Dunes at South Mantoloking recently began welcoming back long-time residents and new arrivals, nearly 12 years after Superstorm Sandy whipped through the coastal...

NAI DiLeo-Bram & Co. welcomes Priscilla Teixeira to the role of VP

NAI DiLeo-Bram & Co. announced the expansion of its brokerage team with the addition of Priscilla Teixeira, who is joining the firm as a...

Want to get away – to Greenland? United to add flights to Nuuk (and...

Greenland? You can fly to Greenland – non-stop – from Newark? Next summer, that will be the case. United Airlines already serves more international destinations...

Link Logistics acquires 2 Hilton Court, a 10.41-acre property in Northern New Jersey

JLL Capital Markets has sold 2 Hilton Court, a 10.41-acre site, which will be redeveloped into a 123,000-square-foot warehouse in Parsippany to Link Logistics. JLL...