Market Sectors
CBRE: Lincoln Financial provides $21 million refi for Hoboken office, retail property
The owner of more than 42,000 square feet of office and retail space in uptown Hoboken has refinanced the property, securing a $21.12 million loan in a deal arranged by CBRE.
Hartz nears full occupancy at new 250-unit Cranford rental property
Hartz Mountain Industries has hit 90 percent occupancy at a collection of 250 apartments in Cranford, highlighting sustained demand for upscale rentals in suburban locations.
Cervelli arranges sale of 13-unit Union City apartment building for $875,000
A private investor has acquired a 13-unit apartment building in Union City for $875,000, in a newly announced deal by Cervelli Real Estate & Property Management.
Kennedy Funding closes $2.7 million land loan for mixed-use development site in Oregon
Kennedy Funding has closed a $2.7 million land loan to the owner and would-be developer of some 35 acres in one of Oregon’s largest cities.
JLL: March Associates sells 38,000 sq. ft. medical office building in Wayne for $7.9 million
March Associates Construction has sold a nearly 38,000-square-foot medical office building in Wayne — a location that’s also its longtime headquarters — in a deal arranged by JLL.
