An investment group has procured a $27.3 million acquisition loan for a nearly 10-acre industrial parcel adjacent to Newark Liberty International Airport.
Industrial rents in northern and central New Jersey continued to soar in the third quarter, amid ongoing demand for relatively few spaces and locations near the New Jersey Turnpike, fueling deals such as Samsung’s lease for more than 735,000 square feet in Linden.
A Dallas-based firm has expanded its New Jersey holdings with the addition of a 10-acre industrial site in Union County, under a deal arranged by Cushman & Wakefield.
Tulfra Real Estate and The Hampshire Cos. have sold a newly built, 180-unit apartment property in North Haledon for $89 million, in the culmination of a project that was a decade in the making.
A distributor of Kosher foods has purchased a 74,000-square-foot industrial building in Carteret for $11.75 million, brokers with Bussel Realty Corp. announced Tuesday.
A partnership has purchased a nearly 63,000-square-foot medical office building in Clifton for $16 million, brokers with Cushman & Wakefield announced Thursday.
Sitex Group has sold a nearly 114,000-square-foot portfolio of light industrial buildings in Orange, directly north of Interstate 280, in a transaction arranged by Cushman & Wakefield.