Finance & Capital Markets
JLL: Hekemian & Co. inks $78 million refi of new Hackensack apartments

An affiliate of Hekemian & Co. has landed a $78 million loan to refinance a new 254-unit luxury apartment building in Hackensack, in a transaction arranged by JLL.

Office
NAI Hanson inks sale of 2,400 sq. ft. Hackensack office building

A law practice has purchased a nearly 2,500-square-foot office building across from the Bergen County Courthouse in Hackensack, according to a brokerage team with NAI James E. Hanson.

Residential & Mixed Use
Developer sells newly built 88-unit Hackensack apartment building for $39 million

The developer of a new 88-unit luxury apartment building in downtown Hackensack has sold the property for nearly $39 million, in a deal arranged by The Kislak Co. Inc.

Retail
Two-way traffic creating “more connected” downtown in Hackensack, experts say

Business leaders in downtown Hackensack are marking one year since the return of two-way traffic on Main Street, touting an uptick in activity from residents and visitors alike.

Professional Spotlight
Cole Schotz PC

As it has through past economic cycles, Cole Schotz has continued to pivot as the real estate market and businesses respond to COVID-19. Our real estate team leverages a deep bench of experience, including our corporate, environmental, special opportunities, litigation and bankruptcy teams, with a wealth of experience providing advice on real estate matters. We have been helping our clients adapt to a rapidly changing market.

Residential & Mixed Use
N.Y. firm buys 78-unit Hackensack rental building for $36 million, Kislak says

An out-of-state investor has purchased a 78-unit luxury apartment building in Hackensack for $36 million, in a transaction arranged by The Kislak Co. Inc.

Office
Law, financial services firms renew at Sanzari’s Court Plaza complex in Hackensack

Alfred Sanzari Enterprises has signed two lease renewals at its three-building, 335,000-square-foot Court Plaza office campus in downtown Hackensack, the firm announced.

Professional Services
Rivkin Radler names new associate for New Jersey real estate, zoning group

Law firm Rivkin Radler LLP has announced a new addition to its New Jersey real estate team.

Retail
Cigar shop picks first N.J. location, takes 1,500 sq. ft. at Sanzari-owned center in Hackensack

Mohegan Smoke Shop LLC has leased 1,540 square feet at Summit Plaza, an 88,000-square-foot retail complex in Hackensack owned by Alfred Sanzari Enterprises

Industrial
NAI Hanson inks sale of 28,000 sq. ft. Hackensack industrial building

Brokers with NAI James E. Hanson have announced the sale of a fully leased, 28,000-square-foot industrial building in Hackensack.