Brokers with HFF have secured $9.3 million in financing for the developer of a recently completed and now fully leased apartment complex in Bridgewater.
Tulfra Real Estate has reaped nearly $8 million from the sale of a fully leased, 62,200-square-foot industrial building in West Caldwell, capitalizing on what it says is a growing demand for space in the Fairfield-area submarket.
The owner of a high-end, 148,000-square-foot retail center in Monmouth County has refinanced for $43.6 million, in a transaction arranged by brokers with HFF.
Kushner Cos. has acquired a 1,032-unit garden apartment community near Princeton for $190 million, bringing the property back under its control more than a decade after selling it.
HFF has arranged $18.7 million in financing for an investor to acquire an 84,000-square-foot shopping center near the Willowbrook Mall in Wayne, the firm said Wednesday.
A joint venture has added to its office portfolio in Bergen County, acquiring four buildings spanning nearly 850,000 square feet from Mack-Cali Realty Corp.
Another apartment community has hit the market in Plainsboro, an affluent suburb where investors have shown an appetite for value-add opportunities at garden-style properties.
HFF has arranged a $23.35 million refinancing for the developers that recently repositioned a 204,000-square-foot industrial building in Clifton, the firm announced this week.
Warehouse and distribution space in New Jersey has become a prized asset class among institutions and other major investors, leading to increased competition, surging prices and more creativity by those looking to add industrial to their portfolio.
