Residential & Mixed Use

The construction boom in New Jersey is no more evident than in the multifamily and mixed-use sector, thanks to changing demographics and the demand for urban-style living, even in the suburbs.

Retail
C&W brokers sale of three Bayonne properties

Three mixed-use and commercial properties in Bayonne have new owners after a series of deals announced Thursday by Cushman & Wakefield.

Residential & Mixed Use
Hackensack seeks developer for mixed-use site

As new construction activity heats up in downtown Hackensack, the city is now seeking a developer to transform a parking lot into a mixed-use “gateway” to its central business district.

Residential & Mixed Use
Gebroe-Hammer touts $1.4B in deals through three quarters

Gebroe-Hammer Associates has brokered more than 100 multifamily deals totaling some $1.4 billion in value through the first three quarters of 2016, the firm announced.

Finance & Capital Markets
Apartment high-rise in Somerset County sells for $54M

The developer of an apartment tower just outside New Brunswick has sold the building for $54 million, in a deal brokered by HFF’s New Jersey office.

The Rundown
Emerson council considers vote to allow new mixed-use buildings downtown

A vote by local officials in Emerson could bring a developer one step closer to building a mixed-use project that would transform part of the town’s central business district.

Residential & Mixed Use
Circle Squared, Hampshire partner in apartment deal

Two Morristown-based firms are among those involved in the acquisition of a 216-unit apartment complex in Denver, the companies announced Monday.

Residential & Mixed Use
New Metuchen apartment project open for leasing, Woodmont says

Woodmont Properties is officially seeking renters for its newest apartment community.

Health Care & Education
Prism prepares for ‘next chapter’ of iconic Roche campus

An affiliate of Prism Capital Partners has closed on its purchase of the former Hoffman-La Roche campus in Nutley and Clifton, clearing the way for the developer to recreate the 116-acre site with a mix of new commercial tenants, retailers and residential development.

Residential & Mixed Use
Russo details mixed-use plans for iconic Hess property

The landmark Hess tower in Woodbridge may be getting some company in the years ahead. That’s according to a plan laid out Wednesday by developer Ed Russo, whose firm is part of a joint venture that aims to acquire and transform some 30 acres around the iconic building. He said the Carlstadt-based firm and its partner, Onyx Equities, intend to build a mixed-use community with roughly 600 residential units and 40,000 square feet of retail space.

Finance & Capital Markets
HFF marketing Hoboken apartment complex

The owner of a two-building, 128-unit apartment complex in Hoboken has tapped HFF to sell the property, with brokers touting a “substantial value-add potential” in the state’s strongest rental submarket.