Finance & Capital Markets
Global appeal: Foreign investors see new opportunity in New Jersey

As an investment opportunity, 800 Scudders Mill Road checked just about every box. A state-of-the-art, trophy office complex that was only three years old. A prime location just outside Princeton. And, perhaps most important of all, a net lease with a blue-chip, global pharmaceutical giant, Novo Nordisk Inc., with a longstanding presence in the market.

Residential & Mixed Use
How a Chinese construction giant is planting a flag in New Jersey

For a company that had been in the U.S. for nearly three decades, it was only about four years ago that the conglomerate known as China State Construction Engineering Corp. suddenly caught the attention of New Jersey’s commercial real estate market.

Residential & Mixed Use
A bird’s-eye view of Journal Squared (VIDEO)

Leasing is set to begin at the mixed-use, potentially transformative development known as Journal Squared, but you don’t need a tour to see the Jersey City tower up close.

Office
Tory Burch inks 93K sq. ft. lease in Jersey City

In Jersey City, fashion designer Tory Burch has leased 93,000 square feet over two floors at 499 Washington Blvd., an office tower in LeFrak’s master-planned Newport community.

Finance & Capital Markets
Jersey City HUD building recapitalizes with $95M loan

A Boston-based mortgage banking firm has closed a $95 million loan to recapitalize a Jersey City apartment complex and allow it to continue to offer federally subsidized affordable housing.

Office
NGKF: Northern, central N.J. office market slowed in Q4

The state’s office market took a step back in the fourth quarter of 2016, according to new industry research, as leasing activity slowed and several large blocks of space hit the market.

Retail
Levin announces new tenant at Jersey City retail complex

A Popeyes Louisiana Kitchen franchisee is the latest retailer to join a 94,000-square-foot shopping center in the southern end of Jersey City, according to the property’s manager.

The Rundown
Report: Project could bring 750 units, school to Jersey City

Developers are proposing to build a 52-story, 750-unit high-rise in downtown Jersey City that would include a new public school at what is now a parking lot, a published report said.

Residential & Mixed Use
Kislak touts nearly $9M in Hudson County sales

A new 20-unit apartment building in Bayonne has sold for more than $5.8 million, the largest among six investment sales in Hudson County brokered recently by The Kislak Co. Inc.

Residential & Mixed Use
With Cast Iron Lofts, a new neighborhood rises in J.C.

The roughly $170 million Cast Iron Lofts project is just the start of what Manhattan Building Co. ultimately sees as a 2,500-unit community dubbed SoHo West, as it turns its focus to two other towers that are now under construction about a block away.