A joint venture has broken ground on a 38-story tower that will add more than 500 new luxury apartments to downtown Jersey City.
The leaders of Normandy Real Estate Partners have agreed to sell their operating platform and an interest in three funds to Columbia Property Trust, a New York-based real estate investment trust, in a $100 million transaction that is slated to close by year-end.
The owner of a Princeton-area office building has inked three leases for a combined 20,000 square feet, brokers with Newmark Knight Frank announced Friday.
The Burlington City school district has sold a nearly 14,000-square-foot facility, in a transaction arranged by Wolf Commercial Real Estate.
Two apartment complexes in Middlesex County have changed hands for a combined $11.3 million, under a set of newly announced transactions by CBRE.
Users in New Jersey’s booming industrial sector have faced a severe lack of supply in recent years, leading to unprecedented rent growth and an unabated race to find development sites. New space is on the way — and plenty of it — with millions of square feet slated to come online in the next two years. Yet market experts say demand will continue to outpace supply, given the continued upside of e-commerce and a race by traditional retailers to update their supply chains.
A new Trader Joe’s is coming to a well-known shopping center in Denville, under a nearly 15,000-square-foot lease with Retail Properties of America Inc.
A development group has opened the doors to its newest project in Hoboken, a 424-unit luxury apartment building on the city’s emerging west side.
Atlantic Health System has acquired a 92,326-square-foot property in Rockaway for nearly $26 million, becoming an owner-occupier at a site that already houses many of its medical services.