Hartz Mountain Industries has sold a nearly 570,000-square-foot industrial complex in Wayne to an affiliate of Ares Management, in a recent deal valued at more than $138 million.
Investment sales in a five-county swath of New Jersey rebounded in the first half of 2021, thanks to major deals in the industrial and office sectors and incremental growth in retail transactions.
New York Life Insurance Co. has originated $135 million in financing for Hudson Lights, the two-year-old residential and retail property near the George Washington Bridge in Fort Lee.
SJP Properties is set to open its second 47-story residential tower at the foot of the George Washington Bridge, as it nears the completion of a high-profile redevelopment project in Fort Lee.
The residential portion of a mixed-use project in Fort Lee is now three-quarters leased, its developers said, touting the milestone less than a year after opening the 276-unit property.
From downtown Fort Lee to the idyllic suburbs of Montvale and Park Ridge, Bergen County has become a focal point for New Jersey’s evolving commercial real estate landscape. Many of those changes were on display during a recent conference known as the New Jersey Gold Coast North and Bergen County CRE Summit.
A regional falafel chain has joined the tenant mix at Hudson Lights, the 1 million-square-foot residential, retail and entertainment complex near the George Washington Bridge in Fort Lee.
Tucker Development is officially seeking tenants for the first residential phase of Hudson Lights, a mixed-use, 1 million-square-foot project that has helped transform downtown Fort Lee.