A renowned modern dance company has leased more than 17,500 square feet at a Secaucus warehouse, where it will use the space to store and build its performance sets.
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.
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.
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.
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.
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.
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.
Avison Young has elevated two senior brokers and a young associate in New Jersey.
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.