With inauguration day on the horizon, there has been no slowdown in speculation over how a Donald Trump presidency will impact the commercial real estate sector.
Brokerage firm HFF has secured a $162 million loan to help Hartz Mountain Industries refinance a 13-building, 2.67 million-square foot industrial portfolio in northern New Jersey.
Cushman & Wakefield has brokered the sale of a sprawling 415-acre development tract in Gloucester County, where the buyer plans to build a 3 million-square-foot industrial park.
Heller Industrial Parks inked more than 50 transactions across its vast industrial footprint last year, accounting for some 5 million square feet in leasing activity and keeping the firm’s occupancy at 100 percent heading into 2017.
If there’s any doubt about the demand for new industrial space in New Jersey, look no further than the response to speculatively built warehouse and distribution projects in 2016.
G.S. Wilcox & Co. has secured more than $44 million in financing tied to three recent transactions, including a $7 million loan for an industrial facility in Totowa.
Weichert Commercial Brokerage Inc. has launched a new platform aimed at assisting clients seeking to invest in commercial real estate, the company announced Tuesday.
A company that sells supplies for contractors and plumbers has acquired a 9,000-square-foot building in Perth Amboy, Rosengarten Realty & Development announced Monday.
Seagis Property Group has acquired a 504,000-square-foot industrial building in Linden and has embarked on a multimillion-dollar renovation at the property, Cushman & Wakefield announced.