Robert Donnelly Sr., one of New Jersey’s iconic commercial real estate brokers and a central figure in decades of high-profile corporate office deals, has died. He was 79.
A global enterprise software provider has renewed its lease at Waterfront Corporate Center, where it occupies nearly 40,000 square feet under a deal with SJP Properties.
Panepinto Properties has sold one of two newly acquired development sites in Jersey City to GN Management, a fellow real estate firm based in the city, setting the stage for the latter to build a 57-story, 579-unit apartment tower alongside another planned high-rise.
Bank of America’s future home in Jersey City is taking shape, with construction well underway on the new 548,000-square-foot office space that could open starting next summer.
The developers of a high-profile new logistics park in Sayreville have secured another tenant for the campus, leasing nearly 101,000 square feet to a distributor of industrial food ingredients.
Crow Holdings Development has completed nearly 300,000 square feet of new warehouse space in Burlington, where it has one tenant in hand and less than half of the facility still available.
The developer of the distinctive FIAT House project in Fort Lee has closed on more than $85 million in financing for the 309-unit property, according to brokers with Cushman & Wakefield.
Investors are clamoring for industrial property in and around New Jersey, as evidenced by a slew of recent deals completed by a Cushman & Wakefield team focused on the asset class.
Hillwood has started construction on what will be nearly 221,000 square feet of new industrial space in Hamilton, adding to the Dallas-based firm’s development pipeline in New Jersey.
Veris Residential Inc. has sold a Jersey City development site to Panepinto Properties for $75 million, in a deal arranged by Cushman & Wakefield, marking a key step in a plan to develop two high-rises with a combined 1,257 apartments and new amenities for the area.
