Industrial
Elberon inks new Elizabeth industrial deals totaling 140,000 sq. ft.

A building materials company has extended its 50,000-square-foot lease in Elizabeth, in the largest of five newly completed transactions by Elberon Development Group.

Finance & Capital Markets
JLL details equity, debt package for 267-unit Elizabeth project

The firms behind a high-profile redevelopment project in Elizabeth have landed more than $20 million in equity alongside a $55 million construction loan, under a set of transactions by JLL.

Top News
LMC touts flurry of post-Labor Day leasing for discounters, restaurants

Off-price brands, dining and personal services have fueled retail leasing since Labor Day, Levin Management Corp. said, touting nearly 200,000 square feet of activity over the past 90 days.

Industrial
Cold storage user inks 30,000 sq. ft. renewal in Elizabeth, Avison Young says

A refrigerated warehouse provider has renewed its 30,000-square-foot lease at an Elizabeth industrial building, in a newly announced transaction by Avison Young.

Residential & Mixed Use
Developers launch residential construction at mixed-use Elizabeth project

A developer has broken ground on the latest piece of a mixed-use project in Elizabeth, where it plans to build nearly 50 new homes at the former site of vacant brownfield property.

Office
Paramount debuts new 12,000 sq. ft. headquarters in downtown Newark

Paramount Assets has moved its headquarters to downtown Newark, as it continues to build its pipeline of redevelopment and historic rehabilitation projects in the city.

Top News
Friends, colleagues recall Stan Simon as a model of integrity in New Jersey real estate

Friends, former colleagues and longtime clients have been paying tribute to the late Stanley Simon, the longtime head of Jacobson Goldfarb & Tanzman LLC, as a “true gentleman” who was among the most effective, honest and respected figures in New Jersey commercial real estate — one who groomed and influenced many of the state’s top brokers.

Residential & Mixed Use
Value Cos. picks up management assignment at new Elizabeth rental building

Value Cos. has added a recently opened, 40-unit boutique rental building in Elizabeth to its growing asset management portfolio, the firm announced Monday.

Industrial
Logistics firm inks 138,000 sq. ft. lease at Port Authority warehouse in Elizabeth

The Port Authority of New York and New Jersey has leased 138,000 square feet in Elizabeth to a logistics firm, under a newly announced transaction by The Blau & Berg Co.

Industrial
Hampshire details plans for self-storage facility at historic Elizabeth building

A historic armory building in downtown Elizabeth is primed to become a new self-storage facility, under an adaptive reuse plan announced Thursday by The Hampshire Cos.