NAI Mertz facilitates sale of 106,000-square-foot industrial facility in Mount Laurel
NAI Mertz said Jonathan Klear, senior vice president, facilitated the sale of 116 Gaither Drive, a 106,000-square-foot industrial facility in Mount Laurel. Klear represented and advised the unnamed buyer throughout the acquisition process. Financial...
NAIOP recognizes volunteers at president’s awards and hall of fame reception
NAIOP, The Commercial Real Estate Development Association – New Jersey Chapter, earlier in November acknowledged the contributions of its volunteer leaders at the organization’s annual president’s awards and hall of fame reception.
The event drew...
NAI James E. Hanson negotiates sale of site in Hackensack
NAI James E. Hanson has negotiated the sale of a two-building 12,589-square-foot development site located at 147-153 Hudson St. in Hackensack, to the Housing Development Corp. of Bergen County. Vice President Anthony J. Cassano...
Cole Schotz reps Sentinel Real Estate for Stonehill at West Orange
Cole Schotz P.C. has represented Sentinel Real Estate in its acquisition of a newly developed 423-unit luxury apartment community in West Orange.
Known as Stonehill at West Orange, the three-building complex is approximately 446,688 square...
JLL secures $15.4M refinancing for new apartment community in Montclair
JLL Capital Markets announced this week that it has secured a $15.4 million refinancing of The Clair, a new 40-unit community in Montclair, one of the most coveted markets in New Jersey.
JLL represented the borrower,...
JLL Capital Markets completes sale of Parsippany office property
JLL Capital Markets said Nov. 6 that it has completed the sale of 14 Sylvan Way, a 203,506-square-foot, trophy office property in Parsippany.
JLL represented an unnamed institutional seller and procured the buyer, Signature Acquisitions.
14...
Westfield home sold for record $5.275M by Christie’s
Christie’s International Real Estate Group announced a milestone in the Westfield real estate market with the sale of 128 Woodland Avenue for $5.275 million. This marks the highest-priced residential sale in the town’s history.
The...
Vantage Commercial sells 100 Franklin Square office complex in Somerset
Real estate advisory firm Vantage Commercial announced Nov. 6 the sale of 100 Franklin Square, a 106,600-square-foot, four-story mid-rise office complex in Somerset for an undisclosed amount.
The asset was listed by Vantage on...
Avison Young expands Capital Markets platform in N.J., adding Schnürr as principal
Global commercial real estate adviser Avison Young announced Nov. 5 the appointment of Matthew Schnürr as principal, capital markets, for the firm’s New Jersey office.
Schnürr has participated in over $31 billion in commercial...
Resource Realty of Northern New Jersey completed 3 industrial leases in Fairfield
Resource Realty of Northern New Jersey recently completed three leases totaling 55,200 square feet in Fairfield, reflecting the enduring appeal of strategically located flexible industrial space in Northern New Jersey.
Resource Realty Principal Greg Sabato...
