Industrial vacancy in New Jersey declined in the third quarter, as landlords enjoyed strong leasing momentum and a much-needed slowdown in new building deliveries.
Terreno Realty Corp. has sold a 603,000-square-foot industrial property in South Brunswick for more than $144 million, the real estate investment trust announced Tuesday.
The developers of nearly 296,000 square feet of new industrial space in Passaic have secured a $65.4 million bridge loan for the project, brokers with JLL announced Monday.
Capodagli Property Co. has closed on a $285.7 million bridge loan in connection with a portfolio of more than 1,000 apartments in the state, in a newly announced deal by Greystone.
The Rutgers Center for Real Estate welcomed industry leaders alongside alumni and staff last month as the program marked its 10th anniversary at a reception in Piscataway.
A private investor has purchased a five-unit apartment building with ground-floor retail space in Jersey City, in a deal arranged by Cervelli Real Estate & Property Management.
A local business has acquired a 14,000-square-foot commercial building in Hackettstown for $1.45 million, according to a broker with Sheldon Gross Realty.
The Maxal Group has closed on a $255 million construction loan for a planned 25-story, 381-unit apartment tower at a long-vacant and well-known parcel along the Hudson River in Edgewater.
New Jersey’s two gubernatorial hopefuls hit on familiar but critical issues last week as they spoke directly to more than 300 professionals involved in building and selling homes in the state.
The New Jersey Housing and Mortgage Finance Agency is launching a new tax credit program meant to spur hundreds of millions in private investment in new workforce and affordable housing production across the state.
