A partnership led by Veris Residential Inc. has secured a $135 million loan for a new 360-unit luxury apartment building along the Hudson waterfront, in a deal arranged by CBRE.
Nine tenants have combined to lease nearly 33,000 square feet of office space in Jersey City’s Newport section, in a series of newly announced deals by CBRE.
The cost to lease industrial space in New Jersey skyrocketed in 2021, with average asking rents for high-end buildings jumping by more than 50 percent from the previous year.
Another aging New Jersey office property could soon become industrial space, following a developer’s purchase of a 15-acre site in Franklin Township for nearly $31 million.
The developer of a 152-unit luxury apartment complex in Newark’s University Heights neighborhood has sold the property for $36.5 million, according to brokers with CBRE.
Educational Testing Service has sold a 310,000-square-foot office and industrial building in Ewing for nearly $19 million, brokers with CBRE announced Tuesday.
A real estate investment trust is selling the nearly 675,000-square-foot Sanofi U.S. headquarters campus in Bridgewater for $261 million, in a move that comes as part of its pivot toward a large-scale, necessity-based retail portfolio.
