Only weeks after a grand opening event at the new Hahne & Co. building in Newark, the Whole Foods store that will anchor the complex is set to open March 1.
What does the year 2017 have in store for the commercial real estate market?
We can’t say for sure — and we know you can’t either — but we asked some of the industry’s top professionals in New Jersey to give it their best shot. In the process, we’ve tried to bring you a good cross-section of experts from different disciplines.
The longtime owners of a garden apartment complex in Edison have tapped CBRE to sell the 52-unit property, which the brokerage touts as a value-add opportunity in one of the state’s largest towns.
The New Jersey Apartment Association has stepped up its lobbying efforts in policy issues affecting the state’s overall business community, as it continues to advocate for legislation that will help the multifamily housing industry.
Hackensack city officials have picked Hornrock Properties and Russo Development to transform a 4.3-acre parking lot into a mixed-use complex with 338 residential units and retail space.
An investment firm has acquired a 360-unit Roseland apartment complex for $130 million, following a financing deal arranged by capital markets brokers with JLL.
A developer is on the verge of beginning work at a redevelopment site in Red Bank, where it plans to rehabilitate a commercial building and build two three-story residential properties.
The longtime owner of a 642-unit garden apartment complex in Bergen County has sold the property for $100 million, in a sale brokered by Gebroe-Hammer Associates.
It was around 2013 when developers first pitched the idea of creating a dynamic, mixed-use destination at the iconic former Hahne & Co. department store in downtown Newark. But it’s fair to say that, for thousands of city residents, the project was 30 years in the making.