JLL: Columbia snags $29 million permanent loan for 93-unit Jersey City rental project

A fund managed by Columbia Property Trust has landed a nearly $29 million loan for a new 93-unit apartment building in Jersey City’s Bergen-Lafayette neighborhood.

Amid continued uncertainty in the market, how should office landlords and tenants approach lease renewals in 2022?

Amid continued uncertainty in the market, how should office landlords and tenants approach lease renewals in 2022? We assembled a panel of industry experts to tackle this month’s question.

Jersey City office tower changing hands in sale of Columbia Property Trust

A prominent Jersey City office building is set to change hands after its owner, Columbia Property Trust, announced Tuesday that the company would be acquired for $3.9 billion.

Jersey City: Columbia unveils first phase of upgrades at 680,000 sq. ft. office tower

Columbia Property Trust has completed the first piece of a plan to overhaul its 680,000-square-foot office building in the heart of downtown Jersey City.

JLL inks $20.5 million loan for Opportunity Zone acquisition in Jersey City

A fund operated by Columbia Property Trust has secured more than $20 million in financing to acquire a newly completed, 93-unit apartment building in Jersey City.

Former Normandy partners detail plans for new private equity firm

Having completed the sale of the Normandy Real Estate Partners platform, three of the firm’s former principals have offered a glimpse at their next business endeavor.

Normandy sells operating platform, fund interests to Columbia Property Trust

The leaders of Normandy Real Estate Partners have agreed to sell their operating platform and an interest in three funds to Columbia Property Trust, a New York-based real estate investment trust, in a $100 million transaction that is slated to close by year-end.

Reinventing J.C. waterfront is key to office leasing, panel says

Demand for Class A office space is surging along the Hudson waterfront. But commercial landlords in Jersey City are anything but satisfied.

PSEG headquarters tower in Newark sells for $174.5M

A real estate investment trust has sold the Public Service Enterprise Group headquarters tower in Newark for nearly $175 million, according to the seller and brokers involved in the deal.