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.

Industrial
Investor adds 18,000 sq. ft. Elizabeth industrial building for $3.2 million, BRC says

An investor has paid $3.2 million for more than 18,000 square feet of industrial space in Elizabeth, in a transaction arranged by Bussel Realty Corp.

Residential & Mixed Use
Owner of 46 units at Elizabeth co-op sells portfolio for $5.2 million, Kislak says

A portfolio of 46 apartments at a cooperative property in Elizabeth has changed hands for $5.2 million, in a newly announced deal by The Kislak Co. Inc.

Finance & Capital Markets
Elberon lands $11 million loan for 223,000 sq. ft. Elizabeth warehouse, Wilcox says

Elberon Development Group has closed on $11 million in financing for a 223,000-square-foot warehouse in Elizabeth, in a deal arranged by G.S. Wilcox & Co.

Industrial
Thor completes $18.3 million sale-leaseback for 112,000 sq. ft. industrial building in Elizabeth

Thor Equities Group has acquired nearly 112,000 square feet of industrial space in Elizabeth as part of a sale-leaseback valued at $18.3 million.

Industrial
Connors inks 15,000 sq. ft. industrial lease in Elizabeth

An undisclosed business has leased nearly 15,000 square feet at an Elizabeth industrial building, in a deal arranged by The William F Connors Agency.

Industrial
Developers nearing completion of 300,000 sq. ft. warehouse project in Elizabeth

Nearly 300,000 square feet of new industrial space is coming to Elizabeth as part of a two-building project by Brookfield Properties, Elberon Development Group and DH Property Holdings.