Finance & Capital Markets
JLL taps Klein as co-head of New Jersey capital markets group

JLL has named a new co-head of its New Jersey capital markets team, tapping a veteran broker to oversee the firm’s debt and equity placement business in the region.

Industrial
Freezer, cooler space in high demand in New Jersey, as users face a lack of supply

Demand for cold storage warehouse space nationwide, and particularly in the Garden State, is on fire, largely because of rising online fresh grocery sales and changing consumer preferences for fresher foods. Meeting that demand could prove challenging — given the cost and complexity of such projects and the need for specialization — but some developers are positioning themselves to be ready when users come calling.

Professional Services
JLL closes on $1.8 billion acquisition of HFF

Real estate services firm JLL has closed on its $1.8 billion acquisition of HFF, greatly expanding its capital markets platform under a blockbuster deal announced earlier this year.

Events
March of Dimes honors Johnson, raises $375,000 (SLIDESHOW)

More than 200 members of New Jersey’s commercial real estate sector turned out to honor Christopher Johnson of Hollister Construction Services, raising more than $375,000 for an annual event hosted by the March of Dimes North Central New Jersey.

Finance & Capital Markets
Somerville: HFF inks $13.25 million refi for 69-unit rental complex

The developer of a new 69-unit high-end apartment building in Somerville has refinanced the property for $13.25 million, brokers with HFF announced Wednesday.

Office
HFF: Investor acquires 119,000 sq. ft. office building in Montvale

A private equity firm has sold a 119,000-square-foot office building in Montvale, the home of a well-known travel company and other tenants.

Office
HFF tapped to sell 105,000 sq. ft. T-Mobile campus in Parsippany

The Parsippany office building that is home to T-Mobile’s regional headquarters is up for sale, according to brokers with HFF who are marketing the property.

Office
Buyer wanted for 544,000 sq. ft. Parsippany office campus

A well-known office complex in Parsippany is on the market for sale, brokers with HFF said, touting the chance to make additional upgrades and lease up more than 180,000 square feet.

Residential & Mixed Use
HFF marketing 144-unit rental complex in Somerset County

The owner of a three-building, 144-unit apartment complex in Somerset County is seeking a buyer for the market-rate property.

Office
HFF opens new Morristown office, with an eye toward the future (SLIDESHOW)

HFF has opened the doors to the new home of its New Jersey office, a 13,000-square-foot suite in downtown Morristown that is meant to help the capital markets firm retain and attract talent.