A joint venture has sold a 525,000-square-foot office park in Hanover to Barclays PLC for $69 million, following efforts to reposition the property with a series of upgrades and a new amenities center.
Onyx Equities has bolstered its asset management team with the hiring of a new senior vice president of office leasing.
Mack-Cali Realty Corp. has hired Newmark Knight Frank to sell six office buildings in Mercer County, as the company continues to trim its portfolio of suburban properties.
Colliers International Group has bolstered its office leasing team in New Jersey, hiring a veteran broker with a history of representing high-profile corporate tenants.
As Miles Berger knows all too well, transit access and proximity to Manhattan have been longtime drivers of Newark’s office market. He also knows that those benefits play a major role in the city’s lesser-known tourism sector. It’s why Berger is taking a major step to upgrade his hospitality portfolio in downtown Newark: a gut renovation of a 90-year-old hotel that will result in a new state-of-the-art property near the city’s Military Park.
Three new tenants are joining a Union City medical office building, following a series of transactions brokered by Weiss Realty.
A refinancing loan of $26.6 million for this 138,600-square-foot, 148-unit multifamily property in Sayreville is one of several commercial mortgages originated by Investors Bank during the first quarter. — Courtesy: Investors Bank By Joshua Burd Commercial mortgage lenders with Investors…
Prism Capital Partners has sold a 102,000-square-foot office building in Parsippany to a global fragrance and flavor company, allowing the business to relocate its U.S. headquarters to the property.
West Orange-based Sheldon Gross Realty Inc. has brokered two new leases in its hometown, including one that has brought a new business to the community.