Events
NAIOP unveils Deal of the Year finalists for industrial, winners for office and mixed-use

NAIOP New Jersey has announced its Deal of the Year winners in the office and mixed-use categories as well as three finalists for the industrial sector, with plans to highlight the honorees at its 37th annual Commercial Real Estate Awards Gala in mid-May.

Events
Denholtz, McGuinness among honorees slated for NAIOP New Jersey gala in May

Denholtz Properties CEO Steven Denholtz will be the latest recipient of NAIOP New Jersey’s lifetime achievement award, headlining a list of honorees for the chapter’s spring gala that will also include its own former longtime chief executive.

Residential & Mixed Use
Carteret approves plan for 78-unit luxury rental project, as borough’s redevelopment continues

A developer has secured local approvals for a plan that would bring 78 new apartments and ground-floor commercial space to a site near Carteret’s municipal complex.

Industrial
Newmark: Investor buys 405,000 sq. ft. industrial portfolio in Carteret, West Caldwell

A five-building, 405,000-square-foot portfolio of new industrial space in Carteret and West Caldwell has changed hands, in a deal arranged by brokers with Newmark.

Finance & Capital Markets
Greystone, Tryko close $22 million refi of 101-unit affordable housing complex in Carteret

Greystone has provided a nearly $22 million loan to refinance a 10-building, 101-unit affordable housing property in Carteret.

Industrial
Crow Holdings, logistics firm ink 188,000 sq. ft. deal for first lease at Carteret industrial park

Crow Holdings Development has secured its first tenant at a new 1.2 million-square-foot industrial park in Carteret, leasing 188,000 square feet to a third-party logistics firm.

Top News
Kaplan ramps up commercial unit with projects in self-storage, modern retail

Kaplan Cos. is stepping up the expansion of its commercial division, with a focus on new self-storage development and efforts to reposition retail assets to meet changing consumer needs.

Industrial
Fitness equipment dealer takes 43,000 sq. ft. in Cranbury in one of three related deals by BRC

A fitness equipment company has leased more than 43,000 square feet of industrial space in Cranbury, in the largest of three interconnected deals arranged by Bussel Realty Corp.

Industrial
Crow Holdings unveils new three-building, 1.2 million sq. ft. industrial campus in Carteret

Crow Holdings Development has completed a new three-building, 1.2 million-square-foot industrial campus just off the New Jersey Turnpike in Carteret.

Government & Public Policy
Carteret eyes construction of new waterfront restaurant pavilion after key DEP approval

Carteret will seek bids to build a new waterfront restaurant pavilion after receiving a key approval from state regulators, in the latest step toward revitalizing a stretch of historically contaminated industrial parcels along the Arthur Kill.