Industrial
Faropoint secures investment from Invesco Real Estate, eyeing continued growth

Faropoint, the fast-growing investment firm focused on last-mile industrial properties, has sold a minority stake in its business to Invesco Real Estate.

Residential & Mixed Use
CBRE: First piece of NRIA portfolio trades as Hoboken development site fetches $8.5 million

A private investor has acquired a multifamily development site in Hoboken, marking the first trade involving the portfolio of the disgraced firm National Realty Investment Advisors LLC.

Professional Spotlight
MHS Architecture

Our clientele is the best of the mixed-use multifamily real estate developers in the tristate area. These developers have a keen interest in creating projects of the highest quality in all sizes ranging from mixed-use high-rises to metro-burb developments. These unique communities seamlessly integrate residential, commercial and recreational spaces, fostering a holistic live-work-play environment through strategic placemaking.

Residential & Mixed Use
Bijou sells 69-unit Hoboken luxury rental property in trade, financing deal arranged by JLL

Bijou Properties has sold a two-building, 69-unit luxury apartment portfolio in northern Hoboken, in a newly announced deal by JLL.

Office
CBRE: New Jersey office demand slumps in Q3 despite bursts in Hudson waterfront, Princeton

Office leasing in northern and central New Jersey slowed in the third quarter, a report by CBRE found, as tenants grappled with economic headwinds despite some bright spots in the market.

Retail
Deals by flooring, martial arts tenants among 20,000 sq. ft. in new retail leases by CBRE

A flooring company has signed a 10,000-square-foot sublease in Carlstadt, in the largest of four newly announced retail deals by CBRE.

Residential & Mixed Use
Developers reveal amenities at distinctive Wonder Lofts condo property in Hoboken

Prism Capital Partners has unveiled more than 14,000 square feet of high-end amenities at a new 83-unit condominium property at the site of the historic Wonder Bread factory in Hoboken.

Technology
More than buzzwords: How Faropoint is using data, artificial intelligence to gain an edge in industrial deals

Investment firm Faropoint is using artificial intelligence to generate new insights on properties, improve its underwriting and support its growing industrial platform, providing a glimpse at a technology that is far from perfect but primed to disrupt commercial real estate in the years to come.

Retail
Restaurant startup Wonder coming to Hoboken after lease with SJP Properties

SJP Properties has signed a new lease that will bring a restaurant and technology startup to its Waterfront Corporate Center property in downtown Hoboken.

Professional Services
Caryl Communications scores PR industry award for work with LMC retail survey

A top trade association has honored Hoboken-based Caryl Communications for its work involving a longtime client in the commercial real estate sector.