An investment group has acquired more than 5,300 apartments in the state for a combined $1.05 billion, in a transaction that spans 14 cities in northern, central and southern New Jersey.
The Stro Cos. and Kushner Real Estate Group have secured $42 million in financing for a fully leased, 220,000-square-foot cold storage facility in Clifton.
A joint venture has purchased a nearly 38,000-square-foot medical office building in Englewood as part of an expansion in the New York metropolitan area.
Hugo Neu Group has secured more than $16 million in financing to restore and repurpose another building at its flagship Kearny Point campus in Kearny, where it’s adding some 90,000 square feet to the existing stock of creative office space.
Kushner Real Estate Group and National Real Estate Advisors LLC have closed on $258 million in construction financing for the second phase of Journal Squared, their high-profile mixed-use development in Jersey City’s historic Journal Square neighborhood.
