The owners of a six-year-old, 240-unit luxury apartment building in Jersey City have closed on $58 million in financing for the property, according to a debt placement team with JLL.
The Industrial and Office Real Estate Brokers Association has unveiled a panel of eight industry leaders who will headline its popular Developers Night event next month.
Veteran office broker Robert Donnelly will receive NAIOP New Jersey’s lifetime achievement award later this year, one of several honorees unveiled Thursday by the commercial real estate association.
Hartz Mountain Industries has unveiled its proposal to redevelop a massive former manufacturing site in Morris County, including plans for a five-building, 2.5 million-square-foot industrial campus and hundreds of acres of open space.
Hartz Mountain Industries has sold a nearly 570,000-square-foot industrial complex in Wayne to an affiliate of Ares Management, in a recent deal valued at more than $138 million.
Hartz Mountain Industries has sold a 136,000-square-foot office building in Jersey City to American Equity Partners, in a newly announced transaction by JLL.
A longtime development executive will headline the slate of honorees at this year’s NAIOP New Jersey gala, where the organization will also highlight two key service professionals and the firm behind several high-profile projects in the state.
NAIOP New Jersey recently honored Alex Klatskin, general partner with Forsgate Industrial Partners, with the newly renamed Charles Klatskin Lifetime Achievement Award.
Hartz Mountain Industries has built nearly 1,400 apartments along the Weehawken waterfront, having pivoted from a plan that once called for 2.5 million square feet of commercial space.
NAIOP New Jersey installed its new slate of board officers on Monday, as the association offered a glimpse at its legislative agenda in a pivotal election year for the state.
