Finance & Capital Markets
Amboy Bank, B-360 ink $33 million construction loan for East Orange project

Amboy Bank has closed on a $33 million construction loan for the developer of an 18-story luxury residential building in East Orange, the latest partnership between the two entities.

Industrial
AY: Despite demand, New Jersey starved for new cold storage space

New Jersey remains one of the nation’s most underserved markets for cold storage space, despite its potential to share in the expanding market for fresh food and online grocery delivery.

Office
Avison Young named leasing agent at Cedar Knolls office building

The owner of a 119,000-square-foot office building in Cedar Knolls has tapped Avison Young as its leasing agent, with plans to complete a series of upgrades in the coming months.

Industrial
AY: Medical supplies, equipment distributor takes 208,000 sq. ft. in Edison

A national health care distributor is moving operations to Edison as part of a newly announced, 208,391-square-foot lease arranged by Avison Young.

Industrial
Avison Young: Security firm sells HQ, relocates along Route 46

A security inspection systems firm has sold its headquarters in Fairfield and relocated to nearly 22,000 square feet in nearby Pine Brook, brokers with Avison Young announced recently.

Professional Services
Avison Young hires new associate in capital markets, hospitality

Avison Young has added to its New Jersey brokerage team with the hiring of a new associate.

Industrial
Hampshire, Circle Squared unveil new self-storage project in Millburn

The Hampshire Cos. has debuted the latest piece of its ever-growing self-storage pipeline — unveiling a 104,260-square-foot facility in Millburn alongside Circle Squared Alternative Investments and other members of the project team.

Professional Services
New Jersey brokers to co-lead new Avison Young life sciences group

Avison Young has launched a new international practice focused on life sciences, tapping two of its New Jersey-based brokers as co-leaders of the specialty group.

Professional Services
Heller: Avison Young eyeing continued growth in New Jersey

Avison Young has not looked back since entering New Jersey with a splash in 2012 — and the real estate services firm has its sights set on continued growth in the state. 

Editor’s Note
Redrawing the map for industrial

As you’ll find out in this month’s cover story, developers and brokers that have long focused on New Jersey are now stretching beyond the traditional boundaries of the state’s industrial market. And they are stretching them in every direction — for different reasons — in their quest to keep pace with tenants that are adopting a more regional approach.