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Mack-Cali sells New Brunswick rental property for $47 million

Mack-Cali sells New Brunswick rental property for $47 million

by Joshua Burd | Jan 6, 2021

The New Brunswick skyline By Joshua Burd Mack-Cali Realty Corp. has announced the sale of two luxury multifamily properties, including a 200-unit complex in New Brunswick that changed hands for $47 million. The company on Wednesday said its sale of Riverwatch Commons,...
Progress Capital inks $22 million loan for new Camden County apartments

Progress Capital inks $22 million loan for new Camden County apartments

by Joshua Burd | Jan 6, 2021

River Pointe Apartments at 5 Meadow Lane in Gloucester City — Courtesy: Progress Capital By Joshua Burd The developer of 141 apartments in Camden County has landed nearly $22 million in financing, under a transaction arranged by Progress Capital. Kathy Anderson,...
JLL touts new lease, renewal at Woodcliff Lake office building

JLL touts new lease, renewal at Woodcliff Lake office building

by Joshua Burd | Jan 6, 2021

300 Tice Blvd. in Woodcliff Lake — Courtesy: JLL By Joshua Burd Western Union has committed to more than 10,000 square feet at a Woodcliff Lake office building, in one of two newly announced transactions by JLL. The leasing team represented the landlord, Hudson...
CBRE named leasing agent at new-look Vision building in Morristown

CBRE named leasing agent at new-look Vision building in Morristown

by Joshua Burd | Jan 6, 2021

1776 on The Green at 67 East Park Place in Morristown — Courtesy: CBRE By Joshua Burd Vision Real Estate Partners has tapped CBRE as its leasing agent at a newly renovated, well-known office building in downtown Morristown. The property, 1776 on The Green, has not...
Dermody, Christmas tree company ink 608,000 sq. ft. industrial lease in East Windsor

Dermody, Christmas tree company ink 608,000 sq. ft. industrial lease in East Windsor

by Joshua Burd | Jan 4, 2021

150 Milford Road in East Windsor — Courtesy: Atlantic Real Estate Services (Editor’s note: This story was updated on Jan. 14 with additional comments and information from Dermody Properties, National Tree Products and others.) By Joshua Burd A seller of...
Paterson, Passaic rental portfolio trades for $17 million, Gebroe-Hammer says

Paterson, Passaic rental portfolio trades for $17 million, Gebroe-Hammer says

by Joshua Burd | Jan 4, 2021

130-132 North 3rd St. in Paterson — Courtesy: Gebroe-Hammer Associates By Joshua Burd An investor has paid $17 million for a nine-building, 133-unit apartment portfolio in Paterson and Passaic, in a transaction arranged by Gebroe-Hammer Associates. The brokerage firm...
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