Office
Developer refis 79,000 sq. ft. office building for $8.8 million, HFF says

The owner of an office building in Eatontown has refinanced the property for $8.8 million, in a transaction arranged by brokers with HFF.

Residential & Mixed Use
Investor appetite for apartments still strong in New Jersey, brokers say

Despite rising interest rates, investor demand for multifamily property in New Jersey shows few signs of slowing down through the end of the year and into 2019.

Residential & Mixed Use
RPM hails fast start for historic townhome rehab at Fort Monmouth

The new first residential offering at Fort Monmouth is off to a fast start, drawing buyers for nearly a third of its 68 townhomes less than three months after hitting the market.

Government & Public Policy
Fort Monmouth research complex on display at recent open house

Real estate and technology industry professionals turned out late last month for a tour of an 89,000-square-foot research complex on Fort Monmouth, where state officials hope to spur the creation of a new campus focused on innovation.

Top News
Change agents: How Yorktel is guiding clients toward ‘next-gen’ workspaces, collaboration technology

Yorktel, a provider of video and audio communications services, has become a guiding hand for companies that are transitioning to so-called next-generation workplaces. That has meant advising clients on everything from choosing the right videoconferencing equipment to picking the optimal conference rooms, huddle rooms and other collaboration spaces.

Retail
Planning board OKs plan for Monmouth Mall makeover

Kushner Cos. and Brookfield Properties have cleared a key hurdle in their plan to transform the Monmouth Mall, winning a long-awaited approval from the Eatontown planning board.

Residential & Mixed Use
Gebroe-Hammer touts $20.3 million in Middlesex, Monmouth apartment sales

A newly built, 38-unit apartment building in Perth Amboy has sold for more than $5.6 million, in one of several recent transactions announced Wednesday by Gebroe-Hammer Associates.

Government & Public Policy
RWJBarnabas plans new health campus on Fort Monmouth parcel, state says

State officials have approved plans for RWJBarnabas Health to acquire a piece of the landmark Fort Monmouth property, where it will develop a large health campus in place of what is currently a defunct Cold War-era research complex.

Event Coverage
CRE influencers, executives pack Monmouth for annual awards dinner

Hundreds turned out Thursday for Monmouth University’s annual real estate awards dinner, which marked its 25th anniversary and honored an executive with Rouse Properties for his role in the plan to transform the Monmouth Mall in Eatontown.

Residential & Mixed Use
First new housing set to open in Fort Monmouth redevelopment

RPM Development Group has nearly completed its restoration of an officer housing complex at Fort Monmouth, preparing to deliver what will be the first residential project in the effort to reposition the historic military base.