Health Care & Education
CBRE: Child care center signs 13,000 sq. ft. sublease in Hoboken, eyes opening

An early childhood education center is preparing to open its second location in Hoboken, having signed a 13,000-square-foot sublease in the city’s northern end.

Residential & Mixed Use
Developers near lease-up of 424-unit Hoboken rental property

A joint venture has all but completed its lease-up of 424 new high-end apartments on Hoboken’s burgeoning west side.

Professional Services
Affordable housing consulting firm names new principal

A Hoboken-based development and consulting firm has a new co-owner after a recent promotion within its executive team.

Finance & Capital Markets
JLL: Ironstate inks $91 million loan package for Hoboken rental buildings

Ironstate Development has landed more than $90 million in financing for a pair of luxury apartment buildings in northern Hoboken, in a transaction arranged by JLL.

Residential & Mixed Use
Joint venture hails latest leasing milestone at Hoboken rental building

Bijou Properties is touting a strong finish to 2020 at its recently developed, 424-unit luxury apartment building in western Hoboken.

Office
Newmark: With demand weakened by pandemic, New Jersey office market stumbles into 2021

Vacancy in the northern New Jersey office market grew for four straight quarters in 2020, even as a handful of industries showed the ability to withstand the effects of pandemic.

Finance & Capital Markets
Hoboken apartment owner refinances for $22 million, JLL says

The owner of a two-building, 50-unit apartment property in Hoboken has secured nearly $22 million in financing, in a transaction arranged by JLL.

Residential & Mixed Use
Developers, city officials taking a holistic approach as northwestern Hoboken grows

It may be the Mile Square City, but Hoboken still has room to grow. After creating mixed-use projects in the largely industrial western half, developers are focusing on the city’s northwestern corner, known as the North End. City officials are in favor of the growth, with a North End Redevelopment Plan in progress that focuses on a diversified tax base, open space and flood-resistant infrastructure. 

Residential & Mixed Use
Hoboken apartment building now 85 percent leased a year after opening

A new 424-unit luxury apartment building in Hoboken has reached another leasing milestone, thanks in part to a fall surge and continued demand for rentals along the Gold Coast.

Residential & Mixed Use
Prism: Hoboken ‘Wonder Lofts’ condo, apartment project slated for June 2021 delivery

Prism Capital Partners is eyeing a June completion date for its conversion and restoration of a historic Wonder Bread factory in Hoboken, where it will deliver 89 new residential units.