Seasoned broker Wernick joins Branch Industrial as senior director

Boutique real estate advisory firm Branch Industrial has expanded its team with the addition of Jeremy Wernick as a senior director.

JLL inks $50 million financing deal for Burlington County rental property

The owner of a 275-unit multifamily property in the Burlington County township of Westampton has snagged $50 million in financing, in a newly announced deal by JLL.

Basking Ridge office leases among latest Chilmark deals in northern, central New Jersey

The owner of a nearly 116,000-square-foot office campus in Somerset County has inked four leases as part of a string of recent transactions by Chilmark Real Estate Services.

Turn market challenges into real estate wins

It’s no secret — this isn’t the market we had a few years ago. Interest rates are high, lending is tight and underwriting standards have become tougher across the board. In the Mid-Atlantic, particularly in New Jersey and Philadelphia, buyers are feeling the pressure.

Deals that used to move quickly now require sharper pencils, stronger balance sheets and a longer-term view. But here’s the thing: This kind of market creates real opportunity — for the right kind of investor.

Sanzari leases 4,500 sq. ft. in Elmwood Park to mental health practice

A mental health practice has leased nearly 4,500 square feet of office space in Elmwood Park, adding to the tenant roster at a building owned by Alfred Sanzari Enterprises.

DH Property Holdings acquires 55,000 sq. ft. Swedesboro industrial building

DH Property Holdings LLC has added to its South Jersey portfolio with the acquisition of a 55,000-square-foot industrial building in Swedesboro.

B&G Foods takes 46,000 sq. ft. for new headquarters at revamped Parsippany office building

B&G Foods has found a new home in Parsippany after leasing 46,000 square feet at a soon-to-be-updated office building, brokers with JLL announced Monday.

Turnbridge lands $80.3 million acquisition loan for Bayonne industrial property, JLL says

Turnbridge Equities has acquired some 613,000 square feet of industrial space on nearly 18 acres in Bayonne with the help of an $80.27 million loan arranged by JLL.

PREIT adding 120,000 sq. ft. DICK’S House of Sport to Cherry Hill Mall

A new DICK’S House of Sport is coming to the Cherry Hill Mall, marking a key addition to the evolving tenant roster at the PREIT-owned property.

Cushman named leasing agent for two-building, 230,000 sq. ft. office complex near Morristown

Vision Properties has named a new leasing agent for two office buildings outside Morristown, tapping Cushman & Wakefield for the assignment at the 230,000-square-foot portfolio.