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JLL, Progress Capital source $114 million loan for Newark office, parking portfolio

JLL, Progress Capital source $114 million loan for Newark office, parking portfolio

by Joshua Burd | Nov 16, 2021

SHIFT Capital, the Hanini Group and CoInvestment Partners recently purchased a portfolio in Newark that includes two office buildings at 707 Broad St. and 153 Halsey St. and a 901-space parking garage at 261 University Place. — Courtesy: JLL By Joshua Burd A joint...
Investment team buys Newark office buildings, parking garage for $80 million

Investment team buys Newark office buildings, parking garage for $80 million

by Joshua Burd | Nov 11, 2021

707 Broad St., 153 Halsey St. and 261 University Ave. in Newark — Courtesy: SHIFT Capital By Joshua Burd An investment group has acquired two office buildings and a parking garage in downtown Newark for $80 million, with plans to spend another $70 million to...
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