A developer has acquired an 81,000-square-foot office building in East Hanover, with plans to renovate the property and reposition it as a skilled nursing and rehabilitation center.
One of Essex County’s newest luxury apartment projects has reached another leasing milestone, passing the 80 percent mark about six months after opening its doors.
Commercial real estate lending continues to be a major driver for Valley National Bank, with the company having recorded some $650 million in new loans in the fourth quarter of last year.
The developer of a recently completed, mixed-use redevelopment project in Bloomfield has hired Ripco Real Estate to oversee leasing for the retail portion of the property.
Brokers with Gebroe-Hammer Associates have made the most of their home field advantage in recent months, closing 15 different multifamily sales in Essex County in the past 90 days.
A new 140-unit, luxury apartment complex in Bloomfield has leased 50 percent of its units in less than two months — a pace that exceeds the expectations of its own developer.
