Russo sells 111-unit loft-style rental property in Verona for $56 million, CBRE says

Russo Development has sold a 111-unit multifamily property in Verona that it completed as part of an adaptive reuse of a historic factory building, in a deal arranged by CBRE.

CBRE: Kontos Group snags $18 million bridge loan for new 57-unit Roselle Park rental project

A developer has landed $18 million in bridge financing for a new 57-unit luxury apartment building in Roselle Park, according to a debt placement team with CBRE.

Dalfen buys four-acre industrial outdoor storage tract in South Amboy, CBRE says

Dalfen Industrial has made another addition to its New Jersey portfolio, acquiring a nearly four-acre industrial outdoor storage and warehouse property in South Amboy.

Bank of America eyes late 2026 completion of new 548,000 sq. ft. office space in Jersey City

Bank of America’s future home in Jersey City is taking shape, with construction well underway on the new 548,000-square-foot office space that could open starting next summer.

TCC, CBRE Investment Mgmt. add latest tenant at 1.1 million sq. ft. Sayreville logistics park

The developers of a high-profile new logistics park in Sayreville have secured another tenant for the campus, leasing nearly 101,000 square feet to a distributor of industrial food ingredients.

VAM: Developer sells 158-unit Belleville rental property in $56 million deal with family office

The developer of a newly built, 158-unit apartment building in Belleville has reaped $55.5 million from its sale of the property, in a deal arranged by Veerman Asset Management.

CBRE: Owner of 320,000 sq. ft. Short Hills office campus refis for $58 million

Columbia Pacific Advisors has closed on $58 million in financing for a two-building, 320,000-square-foot office campus in the Short Hills section of Millburn.

CBRE: Investor snags $36 million permanent loan after buying new Belleville rental property

The new owner of a 158-unit luxury apartment building in Belleville has closed on $35.5 million in permanent financing for the asset, brokers with CBRE announced Monday.

IDI buys vacant office site in Somerset, plans 213,000 sq. ft. warehouse project

IDI Logistics has revealed plans to build more than 200,000 square feet of new industrial space along Interstate 287 after acquiring a vacant office park in the Somerset section of Franklin.

NJ Transit, Horizon exploring plan to redevelop Newark office sites and build new 250,000 sq. ft. headquarters for health insurer

The site of two office buildings in downtown Newark could become up to 1,000 apartments and retail space under a proposal that involves the prospect of a new ground-up, 250,000-square-foot headquarters for Horizon Blue Cross Blue Shield of New Jersey.