Brokerage firm HFF has secured a $162 million loan to help Hartz Mountain Industries refinance a 13-building, 2.67 million-square foot industrial portfolio in northern New Jersey.
The Provident Bank has provided a $24 million loan for a developer to refinance a vacant office building in Hanover, under a transaction arranged by CBRE.
MetLife Investments’ newly completed headquarters attracted a sale price of $95 million, in a recently announced deal that culminated of high-profile redevelopment effort in Hanover.
A joint venture has completed its multimillion-dollar plan to convert a former powerhouse structure into a standalone amenities center at a 525,000-square-foot business park in Hanover.
Fresh off the opening of MetLife Investments’ gleaming new headquarters in Hanover, the state-of-the-art office building has a new owner. For the sellers of the 185,000-square-foot property, it’s the conclusion to one of New Jersey’s biggest redevelopment stories in recent years.
