Kushner has secured a $515 million loan from Blackstone for the 966-unit first phase of The Journal, its high-profile multifamily project in Jersey City’s booming Journal Square district.
The family owners of a combined 156 apartments in Somerville and New Brunswick have sold the portfolio in separate transactions, brokers with Berkadia announced.
An auto dealership focused on luxury electric vehicles has leased nearly 6,900 square feet of highway retail space in East Hanover, in a newly announced deal by CBRE.
Alpine Residential and Fields Grade have all but filled a new 87-unit rental building in Jersey City, touting continued demand for upscale apartments in the Bergen-Lafayette neighborhood.
Advance Realty Investors and Greek Real Estate Partners have leased 165,000 square feet in Linden to a third-party logistics firm, bringing another tenant to their recently completed, 4.1 million-square-foot industrial campus near the New Jersey Turnpike.
Mapletree Investments Pte Ltd has sold a 1.8 million-square-foot industrial portfolio, including more than 270,000 square feet in New Jersey, to Faropoint for $328 million.
BNE Real Estate Group has opened the second phase of a sweeping redevelopment project in South Amboy, debuting another 205 upscale apartments and amenities along the Raritan Bay.
An auto repair business has sold and leased back a nearly 12,000-square-foot industrial property in Green Brook, brokers with Marcus & Millichap announced last week.
Tracey Hyatt Bosman, a longtime site selection professional with Biggins Lacy Shapiro & Co., has obtained the prestigious Counselor of Real Estate credential.