Industrial
Prologis fills Port Reading building with 607,000 sq. ft. lease with logistics firm

Prologis Inc. has leased more than 600,000 square feet in Woodbridge to a warehousing and logistics firm, in what was one of New Jersey’s largest industrial deals to start the year.

Finance & Capital Markets
C&W: LEG inks $54 million construction loan for 204,000 sq. ft. Belleville industrial project

Lincoln Equities Group has landed nearly $54 million in financing to build more than 204,000 square feet of new industrial space in Belleville, brokers with Cushman & Wakefield said.

Events
NAIOP unveils Deal of the Year finalists for industrial, winners for office and mixed-use

NAIOP New Jersey has announced its Deal of the Year winners in the office and mixed-use categories as well as three finalists for the industrial sector, with plans to highlight the honorees at its 37th annual Commercial Real Estate Awards Gala in mid-May.

Finance & Capital Markets
Northwind, 601W close $65 million loan for Harborside 5 acquisition in Jersey City

The 601W Cos. has landed $65 million in financing for its acquisition of Jersey City’s nearly 1 million-square-foot Harborside 5 office tower.

Industrial
Different by design: Crow Holdings welcomes brokers to new Elmwood Park warehouse, with its distinctive Marcal-inspired architecture

A new warehouse in Elmwood Park has come with great expectations and great anticipation. Fittingly so, for a building that evokes the iconic Marcal Paper factory on Interstate 80.

It’s why Clark Machemer was eager to show off the facility’s exterior during a recent open house with brokers — not to mention its nearly 207,000 square feet of modern industrial space that’s now ready for a tenant.

Office
Olnick, Fisher unveil plan to transform concourse at Headquarters Plaza in Morristown

The owners of Morristown’s Headquarters Plaza have unveiled their plans to refresh the 1 million-square-foot property, with a focus on the cavernous interior concourse that connects its three office towers, the Hyatt Regency Morristown and a host of retailers and restaurants.

Office
C&W: New leases, renewals at Parsippany campus total 50,000 sq. ft.

The Birch Group has secured a series of new leases and renewals at a Parsippany office campus, completing more than 50,000 square feet of activity amid plans to update the property.

Office
Avon sells longtime R&D center in Suffern, New York to Regeneron, C&W says

Regeneron Pharmaceuticals has acquired Avon’s longtime research and development hub in Suffern, New York, a 235,000-square-foot facility less than a mile from the New Jersey border.

Industrial
STRO, Moda Foods ink 23,000 sq. ft. industrial lease in Fairfield, C&W says

The STRO Cos. has secured a new tenant for a Fairfield industrial building after agreeing to lease nearly 23,000 square feet to a specialty foods distributor.

Office
Veris under contract to sell Harborside 5, its final office building, for $85 million

Veris Residential Inc. is on the verge of shedding its one remaining office building, a nearly 1 million-square-foot tower in Jersey City that is under contract to sell for $85 million.