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.

Residential & Mixed Use
Boutique Gold Coast apartment building fetches $3.1M, Marcus & Millichap says

An eight-unit apartment building in North Bergen has a new owner, Marcus & Millichap said Wednesday after brokering the sale of the newly built property.

Retail
Jersey Shore retail, apartment property sells for $2.4 million

A mixed-use, 9,560-square-foot property in Manasquan has traded for $2.4 million, Marcus & Millichap said Tuesday.

Residential & Mixed Use
Mack-Cali announces new residential deliveries, $1B pipeline

Mack-Cali Realty Corp. is set to open the doors to a new 762-unit apartment tower in Jersey City and is pushing ahead with a $1 billion multifamily construction pipeline, the company said, as it finalized a plan to raise $300 million for acquisitions in the high-end rental space.

Professional Services
Greenbaum Rowe names co-chair of redevelopment, land use group

Greenbaum, Rowe, Smith & Davis LLP has added a veteran commercial real estate attorney to help lead its redevelopment and land use practice.

Residential & Mixed Use
Three months in, new Hoboken building hits leasing milestone

Advance Realty, the developer of Harlow in Hoboken, announced Friday that the 140-unit property is more than 50 percent leased barely three months after opening.

Finance & Capital Markets
Investors: N.J. office, retail sites among $100M in recent loans

With an uptick in demand that started last fall, lenders with Investors Bank have financed more than $100 million in commercial real estate transactions in recent weeks.

Contributors
No such thing as ‘business as usual’ for the CRE industry

How developers and local leaders can respond to changes in business, demographics By Michael G. McGuinness Economic, industry and demographic trends are changing the way business is done in New Jersey — and impacting the strategies of investors, developers and…

Office
With redevelopment in sight, the end is near for Hub City parking deck (VIDEO)

The demolition of an aging parking structure in New Brunswick is nearly complete, clearing the way for a developer to rebuild the site as a 1.7 million-square-foot transit village.

Residential & Mixed Use
Developer set to begin leasing at new Montclair apartments

Montclair’s newest high-end rental building is set to open its doors.

Residential & Mixed Use
HFF: Hoboken apartment complex fetched nearly $80M

Only weeks after opening its new luxury rental community in northwest Hoboken, Advance Realty has expanded its footprint in the area with the acquisition of a neighboring complex.