JLL: Buyer wanted for distressed loan secured by 432,000 sq. ft. Jersey City office building

The holders of a nonperforming $130 million loan for a Jersey City office building are hoping to sell the debt after foreclosing on the property earlier this year.

Three new tenants, including Crunch Fitness, fill 41,000 sq. ft. at Brick retail center

Crunch Fitness is coming to a newly updated retail center in Brick, where it will lease 25,000 square feet in the largest of three recent transactions arranged by JLL.

GREP’s David Greek honored at Patriots’ Path Council annual labor, real estate awards dinner

A leading voice in New Jersey commercial real estate has lent his support to the Patriots’ Path Council, the Scouting America organization serving five northern and central counties.

NAI Hanson lending support, expertise as Asbury Park nonprofit eyes new real estate strategy

The nonprofit Mercy Center, seeking a buyer for its main campus in Asbury Park, has enlisted the help of NAI James E. Hanson.

Investor grabs 32,000 sq. ft. Parsippany retail center for $9.1 million, Marcus says

A highway retail center in Parsippany has changed hands for more than $9.1 million, brokers with Marcus & Millichap announced Tuesday.

Harrison, veteran retail broker and development specialist, joins RIPCO

Longtime retail specialist Jennifer Sofia Harrison has joined RIPCO Real Estate, where she’ll serve as a managing director focused on landlord representation in the region.

Southend Lofts, new Hoboken condos, more than 50 percent sold after $20 million sales surge

A new loft-style residential building in Hoboken is striking a chord with buyers, driving a surge in sales activity at a project that has revitalized a historic factory building.

Resource Realty of Northern New Jersey welcomes emerging broker Lake as sales associate

Rylie Lake has joined Resource Realty of Northern New Jersey as a sales associate, bolstering its brokerage team as the Parsippany-based firm eyes continued expansion in the region.

Regional owner, operator seeking buyer for 201-unit New Brunswick rental complex

The owner of a 201-unit rental property in New Brunswick has listed it for sale, brokers with JLL said, touting the asset’s “validated upside potential” in a city whose job market is surging.

Kushner welcomes renters to new Colts Neck project, with more than 75 percent of first phase already leased

Kushner’s newest luxury apartment community in Monmouth County is off to a strong start, reaching key leasing and occupancy milestones just weeks after hitting the market.