A real estate investment trust is selling seven apartments properties in New Jersey and New York for $266.5 million, as the portfolio’s buyer continues to grow its suburban multifamily holdings.
A flooring manufacturer has leased more than 70,000 square feet at a Somerset County industrial building, in the largest of several newly announced transactions by Team Resources Inc.
A joint venture has sold a well-known office complex in Hackensack for $123 million, in the largest of four year-end investment sales in New Jersey by CBRE’s institutional properties team.
Normandy Real Estate Partners has closed on two transactions under the federal Opportunity Zone program, as it touts a milestone in its effort to raise $250 million for such investments.
An affiliate of Alfred Sanzari Enterprises has sold an 87-unit apartment portfolio in Bergen County for nearly $16 million, in a series of deals arranged by The Kislak Co. Inc.
Alfred Sanzari Enterprises has promoted a member of its property management team, expanding her role in overseeing its 2 million-square-foot commercial holdings.
Alfred Sanzari Enterprises has acquired a 24-unit luxury apartment community in Essex County as part of a newly completed 1031 exchange.
A private investor has acquired a nearly 40,000-square-foot industrial property in Hackensack, brokers with Marcus & Millichap announced Tuesday.
A consulting business has leased more than 2,300 square feet at a Hackensack office building, bringing the 160,000-square-foot property to full occupancy.