An institutional investor has acquired a 244-room hotel in Hasbrouck Heights, in a nearly $19 million sale arranged by Marcus & Millichap.
A new year is upon us, bringing new opportunities and new uncertainty for New Jersey’s commercial real estate market. To make sense of it all, we recruited some of the industry’s most influential professionals, developers and thought leaders to share their predictions for the year ahead. You can find those insights and more in our special 2020 Market Forecast.
A motel and restaurant property in Hanover has changed hands for just over $4 million, under a newly announced transaction by Newmark Associates.
The Meadowlands Chamber has opened the doors to a new headquarters and visitors center in Lyndhurst, debuting a space with high-end technology and modern meeting rooms that will help expand the resources for businesses in the region.
A development group has completed Montclair’s first ground-up, full-service hotel in more than 80 years, debuting a new 159-room Marriott property in the community’s popular downtown.
The developer of a planned boutique hotel in downtown Morristown has retained Hollister Construction Services as its construction manager.
Alfred Sanzari Enterprises has named a new general manager for Glenpointe, its flagship office and hotel campus in Teaneck.
The developers of a new 159-key Marriott hotel in downtown Montclair has secured a $37.5 million bridge loan, under a transaction arranged by PMZ Realty Capital LLC.
As they mark the anniversary of the debut of the Hard Rock Hotel & Casino Atlantic City, the property’s well-known local partners are seeking to build on a successful first year in business and in the community.