Selective Insurance has leased nearly 123,000 square feet for a new headquarters in the Short Hills section of Millburn, brokers with Cushman & Wakefield said Tuesday.
Ramani Group has closed on a $60 million construction loan from Invictus Real Estate Partners for a planned 266-unit apartment building in downtown Plainfield.
The owners of the sprawling HQ Plaza complex in Morristown have unveiled its new-look concourse, having transformed the area that connects the property’s three office towers, a Hyatt Regency hotel and a growing mix of retailers and restaurants.
Industrial vacancy in New Jersey declined in the third quarter, as landlords enjoyed strong leasing momentum and a much-needed slowdown in new building deliveries.
Bergman Real Estate Group has secured a $22.5 million loan to refinance a nearly 219,000-square-foot office building in Rochelle Park, in a deal arranged by Cushman & Wakefield.
Chopp Holdings has sold a more than 89,000-square-foot office building in Morris Plains for $10.25 million, in a newly announced deal by Cushman & Wakefield.
Einhorn, Barbarito, Frost, Botwinick, Nunn & Musmanno PC has opened its new headquarters at a high-end office campus in Parsippany after moving from its longtime home in Denville.
Cushman & Wakefield has promoted Ben Brenner to executive vice chairman, making him one of the youngest at the firm to earn its most prestigious and senior title.
The third new ground-up project in as many years is taking shape at a Piscataway industrial park, in a development that will add 54,000 square feet to the complex off Interstate 287.
SJP Properties, Claremont Development and Battery Global Advisors are set to begin construction on a new 444-unit luxury rental tower in Jersey City, having secured joint venture equity and financing in connection with the project.