JLL, Progress Capital source $114 million loan for Newark office, parking portfolio

A joint venture has landed a nearly $114 million loan to purchase and reposition two office buildings and a parking garage in downtown Newark, according to a debt advisory team.

NKF details $97 million loan for Parsippany office sale

A private debt lender provided a $97 million loan for a joint venture’s recent acquisition of the Morris Corporate Center IV campus in Parsippany, Newmark Knight Frank said Thursday.