Office
Sanzari, psychotherapy center ink 1,600 sq. ft. expansion in Teaneck

Alfred Sanzari Enterprises has signed a 1,614-square-foot lease expansion with the Center for Developmental Psychiatry at The Atrium at Glenpointe in Teaneck.

Retail
Newly opened Shops at Ledgewood Commons shows potential of ‘de-malling’ done right

Developers say the future of retail is now on display in Roxbury, where Advance Realty Investors has transformed an aging, enclosed mall into a 450,000-square-foot, open-air destination with centralized parking and a new Walmart Supercenter as its anchor.

Finance & Capital Markets
Procida closes $5 million loan to third-generation furniture business in Bergen County

Procida Funding has provided more than $5 million in financing to the owners of a multigenerational furniture shop in southern Bergen County.

Professional Spotlight
Cole Schotz PC

As it has through past economic cycles, Cole Schotz has continued to pivot as the real estate market and businesses respond to COVID-19. Our real estate team leverages a deep bench of experience, including our corporate, environmental, special opportunities, litigation and bankruptcy teams, with a wealth of experience providing advice on real estate matters. We have been helping our clients adapt to a rapidly changing market.

Finance & Capital Markets
JLL: Developer lands $90 million loan for two-phase, 1,100-unit project in Harrison

A developer is nearing completion of 205 apartments in Harrison and is preparing to build another 898 units nearby, having secured nearly $90 million in financing for the project.

Finance & Capital Markets
Cole Schotz advises on $90 million loan for Harrison development

An investment firm has closed nearly $90 million in financing for the development of a large mixed-use project in Harrison, according to a legal team with Cole Schotz PC.