Finance & Capital Markets

PSEG headquarters tower in Newark sells for $174.5M

A real estate investment trust has sold the Public Service Enterprise Group headquarters tower in Newark for nearly $175 million, according to the seller and brokers involved in the deal.

Finance & Capital Markets

Essex County office park offers reuse potential, HFF says

A four-building, 403,379-square-foot office park has hit the market in West Orange.

Finance & Capital Markets

Value-add group acquires Mack-Cali building in Bergen County

Mack-Cali Realty Corp. has sold a 208,000-square-foot office building in Upper Saddle River, in a $19.7 million sale brokered by CBRE.

Finance & Capital Markets

HFF marketing Hoboken apartment complex

The owner of a two-building, 128-unit apartment complex in Hoboken has tapped HFF to sell the property, with brokers touting a “substantial value-add potential” in the state’s strongest rental submarket.

Finance & Capital Markets

Gebroe-Hammer brokers multifamily sales in Bergen County

Brokers with Gebroe-Hammer Associates have had a busy stretch in Bergen County recently, arranging more than $70 million in multifamily investment sales.

Finance & Capital Markets

Conair sells E. Windsor development site

Conair Corp. has sold a 27-acre development site alongside its headquarters in East Windsor, according to the brokerage firm that orchestrated

Finance & Capital Markets

Morristown midrise among seven deals brokered by Gebroe-Hammer’s Tragash

A midrise apartment building in Morristown has traded hands for $18.5 million, the largest among more than $50 million worth of recent investments sales orchestrated a veteran broker with Gebroe-Hammer Associates.

Finance & Capital Markets

Redwood Realty brokers multifamily sales in Woodbridge, Union City

Redwood Realty Advisors has closed the sale of two garden apartment properties for a combined price of nearly $4 million.

Finance & Capital Markets

Hackensack firm arranges land loan for Jersey City hotel

A new 276-unit hotel in downtown Jersey City is proceeding with the help of a $10.75 million refinancing loan originated by Silver Arch Capital Partners.