Office
Bank acquires Fort Lee building, eyes expansion with EDA incentive

A Fort Lee-based bank is eyeing a major expansion in the borough, having acquired a 70,000-square-foot office building with plans to hire 250 new employees in the coming years.

Retail
Pierson announces six new Jersey Mike’s leases in New Jersey

Jersey Mike’s Subs has added six new stores to its footprint in northern and central Jersey after a series of leases completed by Pierson Commercial.

Finance & Capital Markets
New York Life inks $135 million loan for mixed-use Fort Lee project

New York Life Insurance Co. has originated $135 million in financing for Hudson Lights, the two-year-old residential and retail property near the George Washington Bridge in Fort Lee.

Retail
SJP details plan for new restaurant at Fort Lee residential towers

A new restaurant with a Cuban-, Asian- and American-inspired menu is coming to SJP Properties’ two-tower, 900-unit luxury residential development in Fort Lee.

Residential & Mixed Use
SJP, local officials hail completion of second luxury tower in Fort Lee (SLIDESHOW)

A joint venture led by SJP Properties has formally unveiled its second 47-story apartment tower in Fort Lee, where local officials are hailing the project as a milestone decades in the making.

Residential & Mixed Use
SLIDESHOW: SJP unveils The Modern phase two

SJP Properties, Northwestern Mutual Life Insurance Co. and PGIM Real Estate recently hosted a ribbon-cutting ceremony at phase two of The Modern, a 900-unit luxury residential project at the base of the George Washington Bridge in Fort Lee.

Residential & Mixed Use
SJP launches leasing at second Fort Lee residential tower

SJP Properties is set to open its second 47-story residential tower at the foot of the George Washington Bridge, as it nears the completion of a high-profile redevelopment project in Fort Lee.

Finance & Capital Markets
Cross River hires veteran banker to grow CRE lending division

A veteran loan officer has joined Cross River, a Fort Lee-based bank with a growing multifamily and commercial real estate division.

Residential & Mixed Use
Hudson Lights reaches 75 percent leased milestone in Fort Lee

The residential portion of a mixed-use project in Fort Lee is now three-quarters leased, its developers said, touting the milestone less than a year after opening the 276-unit property.

Event Coverage
Panel: Redevelopment coming in all shapes and sizes in Bergen County

From downtown Fort Lee to the idyllic suburbs of Montvale and Park Ridge, Bergen County has become a focal point for New Jersey’s evolving commercial real estate landscape. Many of those changes were on display during a recent conference known as the New Jersey Gold Coast North and Bergen County CRE Summit.