NJ Transit has unveiled a plan to redevelop or better leverage its 8,000-acre real estate portfolio, touting the potential to create up to $1.9 billion in new revenue in the coming decades.
A joint venture led by Toll Brothers has sold a 417-unit high-end apartment tower in Jersey City, in a deal that brokers touted as New Jersey’s largest multifamily transaction this year.
Construction is set to begin on a second apartment building at The Park in Berkeley Heights, one of several projects that are underway as part of a plan to create a new mixed-use, downtown-style corridor at the 185-acre property along Interstate 78.
A private investor has purchased the site of a nearly 11,000-square-foot warehouse in Elizabeth, in a newly announced deal by Investment Property Realty Group.
A gymnastics school has taken 10,000 square feet in the Bergen County borough of Northvale, in one of six newly announced deals by The Goldstein Group.
Prism Capital Partners has filled the final retail space at a mixed-use development in Dunellen, securing a new 3,800-square-foot lease with a full-service dental practice.
Selective Insurance has leased nearly 123,000 square feet for a new headquarters in the Short Hills section of Millburn, brokers with Cushman & Wakefield said Tuesday.
EQT Real Estate has acquired nearly 894,000 square feet of industrial space across 11 properties along the New Jersey Turnpike, in a newly announced deal by JLL.
Greenbaum Rowe Smith & Davis LLP has bolstered two key practice areas with the addition of John P. Gray, a former official with two prominent state agencies.
A private investor has purchased a more than 45,000-square-foot retail center in Parsippany for $18.5 million, according to a brokerage team with Marcus & Millichap.
