Top News
Developer drawing new renters to East Orange as it transforms city block by block

For Blackstone 360, a 105-unit project was just the beginning of what has become a major investment in East Orange. The development and design-build firm has since rehabilitated two other buildings in the city — comprising an additional 252 apartments — and now has a fourth project under construction that will deliver another 150 units to the neighborhood.

Industrial
Tulfra plans self-storage in Clifton redevelopment project

Tulfra Real Estate has acquired a vacant 6.5-acre property alongside Route 3 in Nutley, where it plans to develop a 125,000-square-foot self-storage facility.

Office
Colliers: Two tech firms ink leases in Fairfield

Two new tenants have committed at Highpoint Corporate Center in Fairfield, leasing a combined 21,500 square feet at the 162,000-square-foot office complex on Route 46.

Finance & Capital Markets
Avison Young brokers $37 million in financing for North Jersey development projects

Brokers with Avison Young have arranged nearly $37 million in financing for two multifamily and mixed-use projects in Essex and Hudson counties, the firm said.

Residential & Mixed Use
Getting on track: Successful rental project, flood control measures spur new interest in Bound Brook

A successful rental project is one of two driving forces that now have Bound Brook ready to move ahead with a long-overdue revitalization of its downtown. The borough, whose Main Street has a history of being pummeled by surges from major storms, marked the completion last year of a $143 million flood control project — meaning downtown business and property owners no longer need to spend thousands of dollars on flood insurance.

Professional Services
AY names three new principals from N.J. project management team

Avison Young has promoted three members of its project management team to the level of principal in its New Jersey office, the real estate services firm announced Friday.

Professional Services
Three Avison Young brokers earn promotions

Avison Young has elevated two senior brokers and a young associate in New Jersey.

Professional Services
AY to open new N.J. office after acquiring former Cresa team

Real estate services firm Avison Young has added a team of seven from the brokerage formerly known as Cresa NJ-North/Central LLC, as part of an acquisition of the business and a move to open a second New Jersey office in Middlesex County.

Office
Tenants wanted for new-look Bedminster office space (PHOTOS)

Brokerage and design teams have completed a series of upgrades aimed at repositioning a 100,000-square-foot office building in Bedminster, the firms said this week.

Finance & Capital Markets
Avison Young brokers $34M loan for Lehigh Valley project

Brokers in Avison Young’s New Jersey office have arranged more than $34 million in financing for a mixed-use development in Pennsylvania’s Lehigh Valley, the firm announced.