Finance & Capital Markets
Colony Hills, Balfour Beatty buy 296-unit Mount Laurel rental complex for $80 million

A joint venture has acquired a 14-building, 296-unit apartment complex in Mount Laurel for $79 million, according to brokers involved in the deal and a related financing transaction.

Finance & Capital Markets
Colony Hills, Balfour Beatty buy 296-unit Mount Laurel rental complex from NYL for $80 million

A joint venture has acquired a 14-building, 296-unit apartment complex in Mount Laurel for $79 million, according to brokers involved in the deal and a related financing transaction.

Industrial
STRO, KRE Group break ground on 137,000 sq. ft. project in new Florham Park industrial zone

More than 135,000 square feet of new warehouse and logistics space is coming to Florham Park under a project that’s now under construction at a former office and data center property.

Office
C&W: Five tenants combine for 60,000 sq. ft. in new leases at Princeton-area office campus

A health care technology firm has signed a 26,000-square-foot sublease at a Plainsboro office campus, in one of five newly announced deals by Cushman & Wakefield.

Event Coverage
Brighter days ahead: Panelists bullish on Jersey City office market amid historic Bank of America lease, continued residential boom

If there were ever a time for optimism — specifically for Jersey City’s embattled office market — it may as well come after a blockbuster 548,000-square-foot lease. That bullishness was evident Wednesday at the annual Jersey City Summit, where panelists were largely upbeat and confident that the submarket was due for a major uptick after several challenges in recent years.

Industrial
LEG kicks off 204,000 sq. ft. warehouse project in long-awaited redevelopment in Belleville

Lincoln Equities Group has broken ground on a project that will bring more than 200,000 square feet of high-end warehouse space to Belleville, adding new supply to a growing submarket while revitalizing a blighted and long-contaminated site along Route 21.

Events
NAIOP celebrates the best in New Jersey commercial real estate, drawing 800 for 37th annual awards gala

The annual reception and networking extravaganza drew more than 800 industry leaders, as the chapter honored a series of key real estate players and transformative deals in New Jersey.

Residential & Mixed Use
Hampshire sells newly completed, 85-unit luxury rental property in Morristown

The Hampshire Cos. has sold an 85-unit apartment building in Morristown that it unveiled last year at a site near NJ Transit rail service and just west of Interstate 287.

Industrial
C&W: Marcus Partners sells 192,000 sq. ft. Paterson industrial portfolio

Marcus Partners has sold a fully leased, 192,000-square-foot industrial portfolio in Paterson, in a deal arranged by Cushman & Wakefield.

Events
United Way honors Central 9 Logistics Park, Kenvue headquarters while marking 25 years of support from New Jersey commercial real estate leaders

United Way of Northern New Jersey marked a milestone last week with its 25th annual Legacy Event, drawing some 400 attendees and raising $335,000 as the state’s commercial real estate sector continued its outsized, longstanding support of the organization.