by Joshua Burd | Jan 31, 2023
3140 Route 22 in Branchburg — Courtesy: Cushman & Wakefield By Joshua Burd Investment firm Faropoint has purchased a 151,000-square-foot industrial building in Branchburg for nearly $24 million, in a deal arranged by Cushman & Wakefield. The brokerage team,...
by Joshua Burd | Jan 31, 2023
15 Law Drive in Fairfield — Courtesy: The STRO Cos. By Joshua Burd The STRO Cos. has refinanced a 78,000-square-foot industrial building in Fairfield with a $13.5 million loan from City National Bank, the Ridgewood-based firm said Monday. The operator, the real estate...
by Joshua Burd | Jan 31, 2023
By Joshua Burd Affiliates of The Hampshire Cos. have secured a $250 million credit facility for a real estate investment trust focused on retail and self-storage properties, brokers with JLL announced. In a news release, the debt placement team said it sourced the...
by Joshua Burd | Jan 30, 2023
Mark Shearer, senior managing director for Rockefeller Group’s New Jersey and Pennsylvania region, is set to begin a two-year term as NAIOP New Jersey’s chapter president. He’ll assume the post amid increasingly fierce resistance to warehouse development in the state,...
by Joshua Burd | Jan 27, 2023
Stonemont Financial Group is planning a speculative 295,506-square-foot industrial building at 122 8th St. in Passaic. — Rendering courtesy: Stonemont By Joshua Burd Stonemont Financial Group has acquired some 20 acres in Passaic where it plans to build nearly 300,000...
by Joshua Burd | Jan 27, 2023
By Joshua Burd Veteran office broker Robert Donnelly will receive NAIOP New Jersey’s lifetime achievement award later this year, one of several honorees unveiled Thursday by the commercial real estate association. Donnelly, an executive vice chairman with Cushman...
