Stro, KRE refinance Clifton cold storage building for $42 million

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.

Clifton approves zoning for ‘limited’ retail uses at Prism’s ON3 campus

Prism Capital Partners has secured another key entitlement for its ON3 campus, allowing it to bring uses such as restaurants and small shops to the Clifton portion of the property.

Prism wins key approval to bring Marriott AC, Element Hotel to ON3 campus

Prism Capital Partners has secured final site plan approval to build a 266-room hotel in Clifton, as it looks to further expand the mix of uses at its flagship ON3 campus.

‘Meadowlands Cup’ golf event aims to highlight, build support for destination-based economy

Slated for Aug. 2, the first-ever Meadowlands Cup golf event will bring together business leaders and raise funds to support the Meadowlands 2040 Foundation— with a list of sponsors and participants that includes some of the state’s biggest names in the commercial real estate, construction and service industries.

Owner of Clifton office building refinances for $35 million, Progress Capital says

The owner of a 203,000-square-foot office building in Clifton is refinancing for more than $35 million, following efforts to lease up the property after acquiring it in 2018.

Retail leaders see a clearer path to recovery, despite continued uncertainty

Despite the enduring struggles of malls, further bankruptcies by large chains and other challenges to brick-and-mortar retail, industry leaders say the path to stability is becoming clearer. That’s especially true for properties that were fundamentally stronger before the pandemic, which are now drawing the attention of tenants in search of space. 

Food company takes 32,000 sq. ft. in Carlstadt, Team Resources says

An owner-occupier has acquired a 32,000-square-foot industrial building in Carlstadt, in one of three newly announced transactions by Team Resources Inc.

Stro inks 220,000 sq. ft. cold storage lease in Clifton with online ethnic grocer

The Stro Cos. has completed a 220,000-square-foot industrial lease in Clifton with a fast-growing, online specialty grocer, touting continued demand from food and cold storage users.

Camber adds 1.24 million sq. ft. industrial portfolio in South Jersey, Pennsylvania

Investment firm Camber Real Estate Partners is expanding its footprint to South Jersey and Pennsylvania, having acquired a 1.24 million-square-foot industrial portfolio in the region.

NAI Hanson: Brooklyn beverage maker buys 46,000 sq. ft. industrial building in Clifton

A Brooklyn-based beverage maker has expanded into North Jersey with its purchase of a nearly 46,000-square-foot industrial building in Clifton, according to NAI James E. Hanson.