Events
Milanaik to receive lifetime achievement award as NAIOP honors top CRE deals, professionals

Esteemed developer Jeff Milanaik will headline this year’s NAIOP New Jersey Commercial Real Estate Awards Gala, where the association will also unveil its coveted Deal of the Year winners while honoring several other key figures and service providers.

Industrial
Brookfield lands 104,000 sq. ft. tenant for new Elizabeth industrial campus, Blau & Berg says

Brookfield Properties has found its first tenant for a new industrial campus in Elizabeth, securing a full-building lease for nearly 104,000 square feet in the highly valued port submarket.

Industrial
Blau & Berg: US Logistics Group expands by 48,000 sq. ft. at Elizabeth industrial property

A global freight forwarder is now a full-building tenant at an Elizabeth industrial property, having added more than 48,000 square feet under a deal arranged by The Blau & Berg Co.

Industrial
Castle & Brothers Logistics leases 14,000 sq. ft. at Elizabeth industrial building, BRC says

A freight carrier has taken 14,000 square feet of small-bay industrial space in Elizabeth, brokers with Bussel Realty Corp. announced Monday.

Industrial
Blau & Berg: Yankee Line acquires former Coach USA office, garage facility in Elizabeth

Coach USA has sold a nearly 44,000-square-foot garage and office property in Elizabeth to a fellow transportation company, in a deal arranged by The Blau & Berg Co.

Finance & Capital Markets
Owner of Hampton Inn near Newark Airport refis with new senior loan, Cronheim says

The owner of a newly updated hotel near Newark Liberty International Airport has refinanced the property, in a deal arranged by Cronheim Hotel Capital.

Finance & Capital Markets
JLL: Nuveen closes $115 million refi for New Jersey, New York self-storage portfolio

Nuveen Real Estate has provided a $115 million loan to refinance a portfolio of nine self-storage facilities across the tristate region, brokers with JLL announced Friday.

Professional Spotlight
The Blau & Berg Co.

The Blau & Berg Co. is an independent, full-service commercial real estate brokerage firm. The company has a longstanding reputation for its integrity and local expertise in distribution, supply chain management and transportation. Our commitment to technological advancement, comprehensive data resources, in-depth local and global market penetration and sophisticated property analyses, as well as our association with specialists in the areas of environmental, civil engineering, space design and construction, bring complete and thorough knowledge to each transaction. Through memberships with national and regional real estate organizations, we provide our clients with access and data regarding properties virtually anywhere in the world.

Industrial
Industrial user takes 21,000 sq. ft. near Port Newark, in deal arranged by Blau & Berg

The owner of a 175,000-square-foot industrial complex in Elizabeth has secured a new tenant with a recently completed, 21,000-square-foot lease at the property.

Residential & Mixed Use
SAGE: Investor buys 31-unit Elizabeth apartment building for $4.2 million

A private investor has acquired a 31-unit apartment building in Elizabeth for $4.2 million, in a newly announced deal by SAGE Investment Real Estate Advisors.