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Kay Commercial marketing 11,000 sq. ft. office space in Verona

Kay Commercial marketing 11,000 sq. ft. office space in Verona

by Joshua Burd | Dec 11, 2020

By Joshua Burd The owner of an 11,000-square-foot office building in Verona has tapped Kay Commercial Realty as its leasing agent at the property. The brokerage firm, which is based in Tinton Falls, said it was marketing 60 Pompton Ave. to both full-building users and...
Kennedy Funding lends $1.4 million for 2,500-acre land deal in Jamaica

Kennedy Funding lends $1.4 million for 2,500-acre land deal in Jamaica

by Joshua Burd | Dec 11, 2020

By Joshua Burd Kennedy Funding has closed a $1.4 million loan to the buyer of a vast stretch of waterfront land in southern Jamaica, the Englewood Cliffs-based lender announced this week. The firm said the borrower, P&L Holding Ltd., will use the proceeds to...
Somerset, AvalonBay close land deal in Somerville ahead of 374-unit rental project

Somerset, AvalonBay close land deal in Somerville ahead of 374-unit rental project

by Joshua Burd | Dec 10, 2020

A rendering of Avalon Somerville, a 374-unit apartment community by AvalonBay Communities Inc., part of a sprawling redevelopment in downtown Somerville by Somerset Development — Courtesy: AvalonBay By Joshua Burd Somerset Development has completed the sale of 15...
Newmark, American Equity Partners tout new office leases totaling 60,000 sq. ft.

Newmark, American Equity Partners tout new office leases totaling 60,000 sq. ft.

by Joshua Burd | Dec 10, 2020

1 Tower Center in East Brunswick — Courtesy: Newmark (Editor’s note: This story was updated Tuesday, Jan. 26, with additional information from Cushman & Wakefield.) By Joshua Burd The owner of a growing New Jersey office portfolio has inked three new leases,...
CRG, Resource Realty welcome newest users to Morris Plains flex building

CRG, Resource Realty welcome newest users to Morris Plains flex building

by Joshua Burd | Dec 10, 2020

900 American Road in Morris Plains — Courtesy: Resource Realty of Northern New Jersey By Joshua Burd A developer and its leasing team have filled more than two-thirds of a new flex commercial building in Morris Plains, with a mix that includes both life sciences and...
Sudler inks four leases totaling 226,000 sq. ft. at Lakewood industrial park

Sudler inks four leases totaling 226,000 sq. ft. at Lakewood industrial park

by Joshua Burd | Dec 10, 2020

1719 Oak St. in Lakewood — Courtesy: Sudler Cos. By Joshua Burd Sudler Cos. has leased up four new speculative industrial buildings in Lakewood, securing 225,600 square feet in commitments as it prepares to break ground on the final property. The developer on...
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