Walters eyes Q2 construction start for new age-restricted rentals in Montvale

Development firm Walters is set to break ground on a new 25-unit, income-restricted apartment complex in Montvale, as it eyes continued expansion of its Cornerstone brand.

Plainfield zoning board approves eight-unit rental project, design team says

A developer has secured a key local approval for what will be a new eight-unit apartment building in Plainfield, according to a team with Taylor Architecture & Design.

Veris Residential buying new 240-unit Park Ridge property for $130 million

Veris Residential Inc. has agreed to buy a newly built, upscale apartment property in Park Ridge for $130 million, adding another 240 units to its New Jersey multifamily holdings.

Gebroe-Hammer: North Brunswick apartments fetch $64 million in first leg of 1031 exchange

The longtime owner of a 253-unit garden apartment complex in North Brunswick has sold the property for nearly $64 million, in a deal arranged by Gebroe-Hammer Associates.

LMC touts groundbreaking for 30,000 sq. ft. spec warehouse in Piscataway

Construction is underway on a new speculative 30,000-square-foot industrial building in Piscataway, according to a property team with Levin Management Corp.

AEP unveils upgrades at 99,000 sq. ft. office building at Princeton Junction station

American Equity Partners has taken the wraps off a newly renovated office building alongside the Princeton Junction train station in West Windsor, brokers with Newmark announced.

Procida joins developer to break ground on 128 rentals, nonprofit space in Philadelphia

Procida Funding is marking the start of a project that will bring 128 new apartments and office space for a local nonprofit to a West Philadelphia neighborhood.

Invesco completes $161 million purchase, recap of 360-unit Roseland apartment complex

Invesco Real Estate Investment Trust has completed its acquisition of a 360-unit garden apartment complex in Roseland for more than $160 million.

Ware Malcomb touts completion of 140,000 sq. ft. FreezPak facility near Port Newark

A joint venture has completed construction on a new 140,000-square-foot cold storage facility on the border of Newark and Elizabeth, the project’s design team announced Tuesday.

BNE unveils, launches leasing at new 99-unit rental property in Fairfield

BNE Real Estate Group has launched leasing at a collection of 99 upscale apartments in Fairfield, as it marks the debut of its latest multifamily property in the state.