Faropoint, the fast-growing investment firm focused on last-mile industrial properties, has sold a minority stake in its business to Invesco Real Estate.
A joint venture has sold nearly 300,000 square feet of newly built industrial space in Livingston, following the redevelopment of a vacant office building.
Invesco Real Estate and The Hampshire Cos. have obtained a $34.5 million construction loan to build nearly 188,000 square feet of new industrial space in Bergen County.
A joint venture has acquired a nearly 222,000-square-foot industrial building in Teterboro with the help of $39 million in financing secured by JLL, the debt placement team said Tuesday.
A joint venture has closed on a construction loan for a development that will bring more than 110,000 of new logistics space to North Arlington, brokers with JLL announced Monday.
Development firm RMS Cos. has sold a 153-unit luxury apartment building in Union Township, its first completed project in New Jersey, in a deal arranged by CBRE.
A joint venture led by Invesco Real Estate has purchased a nearly 60,000-square-foot self-storage facility in Red Bank, in a transaction arranged by Cushman & Wakefield.
A joint venture has sold a nearly 240,000-square-foot distribution center on Long Island for $50 million, in a transaction by JLL’s New Jersey-based capital markets team.
Advance Realty and Invesco Real Estate have sold a 75,000-square-foot, grocery-anchored retail property on Route 17 in Paramus, in a deal arranged by Cushman & Wakefield.
