Finance & Capital Markets
JLL: Investor buys 70,000 sq. ft. grocery-anchored shopping center in Marlboro for $16 million
First Montgomery Group has sold a grocery-anchored shopping center in Monmouth County for $15.9 million, brokers with JLL announced this week.
G.S. Wilcox arranges $7 million refi for Union shopping center owner
The owner of a nearly 40,000-square-foot shopping center in Union Township has refinanced the property for $7 million, in a newly announced deal by G.S. Wilcox & Co.
JLL: Developer lands $49 million in debt, equity for 150-unit rental project in Elmwood Park
The firm behind a 150-unit, two-building multifamily development in Elmwood Park has secured $49 million in construction financing and equity for the project, brokers with JLL announced Thursday.
March Construction set to break ground on new 70,000 sq. ft. industrial building in Wayne
Construction is set to begin on nearly 70,000 square feet of new industrial space in Wayne, helping to repurpose a site that’s long housed a storage yard for trucks and other equipment.
Northwind closes $70 million construction loan to 209-unit Journal Square rental project
A developer has landed a $70 million construction loan to complete a new 209-unit apartment tower in Jersey City’s resurgent Journal Square section.
