A real estate investment trust has acquired the only grocery-anchored shopping center in Pompton Plains, in a $51 million deal brokered by HFF’s New Jersey office.
A new 163-unit multifamily property is rising at the campus of New Jersey City University with the help of a $32.5 million construction loan arranged by HFF, the brokerage firm said Thursday.
RXR Realty has completed the $368 million sale of six office buildings in Short Hills and Madison to Mack-Cali Realty Corp., according to HFF, in a high-profile trade involving one of the state’s most high-end suburban submarkets.
RXR Realty has sold a 230,000-square-foot Morristown office building to a Boston-based real estate investment firm, in a $21.5 million deal brokered by HFF.
A joint venture is planning to build a new industrial building spanning more than 450,000 square feet in Piscataway, with the help of $22 million in financing secured by HFF.
Only weeks after opening its new luxury rental community in northwest Hoboken, Advance Realty has expanded its footprint in the area with the acquisition of a neighboring complex.
A developer has closed on more than $100 million in construction financing for its high-end, 184-unit condominium project on the Hudson waterfront, where construction is well underway.
A developer is moving forward with the next piece of a luxury multifamily complex in the Meadowlands, HFF announced, after securing a $40 million construction loan for the project.
HFF has hired Greg Nalbandian as a senior managing director in its Florham Park office. He joins the firm with more than 23 years of experience in the industry, having most recently served as a senior vice president and managing director with NorthMarq Capital LLC.