Advance closes construction loan, taps JLL to lease 110,000 sq. ft. Parsippany logistics project

Advance Realty Investors has unveiled plans to bring 110,000 square feet of new industrial space to Parsippany, part of a project that it’s now marketing alongside brokers with JLL.

CBRE: Summit Assets sells new 30-unit Maplewood rental property for $13 million

The developer of a new 30-unit luxury apartment building in Maplewood has sold the property for nearly $13 million, according to a listing team with CBRE.

Studio 1200, marking 20th anniversary, named AIA-NJ Firm of the Year

Studio 1200 is starting the year on a high note after winning AIA New Jersey’s Firm of the Year award, a top honor recognizing excellence in design, practice and service to the profession.

AutoZone site in Gloucester County fetches $4.8 million, Marcus says

A private investor has sold the site of a nearly 15,000-square-foot AutoZone store in Gloucester County for $4.8 million, in a newly announced deal by Marcus & Millichap.

Atkins lands new property management assignments in five-building deal with Rothman

Atkins Cos. has expanded its property management portfolio with a five-building, 150,000-square-foot assignment on behalf of Rothman Orthopaedics.

CBRE: Blackstone 360 lands $60 million permanent loan for 213-unit East Orange high-rise

Blackstone 360 has closed on $60 million in permanent financing for a new 213-unit luxury apartment tower in East Orange, in a deal arranged by CBRE.

Denholtz buys 133,000 sq. ft. Indianapolis industrial park in latest out-of-state deal

Denholtz has made another addition to its holdings outside New Jersey, acquiring more than 133,000 square feet of industrial space as part of a shallow-bay portfolio in Indianapolis.

PREIT touts new store openings, leasing momentum at Cherry Hill Mall

PREIT is continuing its update of its flagship Cherry Hill Mall, announcing the debut of four retail and dining tenants and a newly signed lease with another well-known brand.

Reynolds unveils property management platform for growing multifamily holdings

Reynolds Asset Management has launched a property management arm to support its fast-growing portfolio of apartments in the Garden State and beyond.

Weiss Realty picked for gov’t fast-track program for potential data center project in Illinois

Moonachie-based Weiss Realty has taken a key step toward redeveloping a site nearly 900 miles away, where it hopes to tap into the booming demand for new data center construction.