Marcus: Investors testing new markets amid competition for northern N.J. multifamily deals

Investor appetite for northern New Jersey’s multifamily sector showed few signs of slowing down in 2018, causing buyers to explore new frontiers in the market, move more aggressively and expand into other asset classes. That’s according to brokers with Marcus & Millichap, who say that out-of-market buyers from New York City and elsewhere have begun to pivot in recent months in order to find new deals.

HMFA, developer unveil renovated housing complex in Irvington

A developer has completed a major renovation of a 152-unit affordable rental complex in Irvington, thanks in large part to a state financing package.

Progress brokers $4.4 million loan for Irvington medical office sites

Progress Capital Advisors has secured more than $4 million for a client to refinance and upgrade two medical office properties in downtown Irvington.

AutoZone ground lease in Irvington sells for $3.9 million, Marcus says

A developer has sold the ground lease for an 8,000-square-foot net-leased retail property in Irvington, in a nearly $4 million deal arranged by Marcus & Millichap.

Brunelli touts seven new Dollar Tree leases in New Jersey

Dollar Tree is set to add eight locations in New Jersey, following a set of leases brokered by R.J. Brunelli & Co. LLC.

Developers hail completion of 114-unit complex at former Irvington hospital site

A development group has unveiled the first piece of a mixed-income residential project at the former site of a blighted, long-vacant hospital in Irvington.

Irvington residential, retail portfolio trades for $17.8 million

A seven-building residential and retail portfolio in Irvington has changed hands for nearly $18 million, in a transaction brokered by The Kislak Co. Inc.

Zoltek: Fitness chain leases 8,000 sq. ft. in Irvington

A regional fitness chain is set to open its seventh club location in the state, following an 8,000-square-foot lease in Irvington arranged by Zoltek Realty.

CBRE touts $19.3 million in Essex County multifamily sales

More than 230 apartment have changed hands in Essex County as part of nine multifamily investment sales brokered this year by CBRE.

EDA awards $38 million to help linen business expand in Irvington, Trenton

An industrial linen business is poised to double its footprint in Irvington and upgrade its space in Trenton, following the approval of nearly $38 million in state tax credits over 10 years.