A real estate firm’s subsidiary has sold and leased back a 55,000-square-foot industrial building in the Pureland Industrial Complex in Swedesboro, in a deal brokered by NAI Mertz.
RXR Realty has sold a 230,000-square-foot Morristown office building to a Boston-based real estate investment firm, in a $21.5 million deal brokered by HFF.
Cresa, the largest tenant-only commercial real estate brokerage, has announced a new management team in New Jersey and is on the hunt for new space and new talent.
HFF has hired Greg Nalbandian as a senior managing director in its Florham Park office. He joins the firm with more than 23 years of experience in the industry, having most recently served as a senior vice president and managing director with NorthMarq Capital LLC.
Far Eastern investors have accounted for most of the high-profile deals over the last year or so, but it was a Middle Eastern platform, KFH Capital Investment Co., that made the biggest splash in the fourth quarter of 2016.
Today is the 100th edition of The Briefing! To mark the occasion, here are the five most popular stories on RE-NJ.com since we launched our daily newsletter in mid-September.
Even after accounting for the fact that interest rates and expected inflation jumped after Donald Trump’s election, I would guess there is a 20 percent possibility that short-term interest rates become negative in the next two years.
The Center for Real Estate at Rutgers Business School has hired a veteran finance executive to help oversee its growth in the years ahead, the program announced Wednesday.
