JLL: Buyer wanted for distressed loan secured by 432,000 sq. ft. Jersey City office building

The holders of a nonperforming $130 million loan for a Jersey City office building are hoping to sell the debt after foreclosing on the property earlier this year.

Three new tenants, including Crunch Fitness, fill 41,000 sq. ft. at Brick retail center

Crunch Fitness is coming to a newly updated retail center in Brick, where it will lease 25,000 square feet in the largest of three recent transactions arranged by JLL.

Regional owner, operator seeking buyer for 201-unit New Brunswick rental complex

The owner of a 201-unit rental property in New Brunswick has listed it for sale, brokers with JLL said, touting the asset’s “validated upside potential” in a city whose job market is surging.

Air of innovation: How an Elizabeth warehouse became a hub for AI-powered fragrance design

Osmo, a startup backed by Lux Capital and Google Ventures, has opened a new dedicated production site and headquarters at 585 Kapkowski Road in Elizabeth. — Photos by Alexander Severin / Courtesy: KSS Architects By Marlaina Cockcroft If it wasn’t…

Stockbridge, Cypress sell 94,000 sq. ft. Linden retail center in deal arranged by JLL

A joint venture has sold a prominent retail center in Linden, completing the deal five years after delivering the nearly 94,000-square-foot property along the Route 1&9 corridor.

Embracing the future: NJIT’s Profeta Real Estate Center launches, with a focus on cross-disciplinary education for a changing industry

New Jersey Institute of Technology marked the official launch of the Profeta Real Estate Center, a program that will combine finance, engineering, architecture and environmental skills in one graduate degree to provide training in all aspects of development and management.

JLL: East Brunswick senior living facility taking shape with $35 million construction loan

The developers of a new 100-bed assisted living and memory care facility in East Brunswick have closed on more than $35 million in construction financing, in a deal arranged by JLL.

Purity Water accelerates franchise plan with five new retail leases in New Jersey, JLL says

Purity Water, a growing wellness concept, has added five new storefronts in New Jersey as part of a franchise expansion guided by JLL’s leasing team in the region.

Ex-dollar store property in Burlington sells for $2 million, Rose Commercial says

Madd Equities LLC has sold a freestanding 15,000-square-foot retail building in Burlington for nearly $2 million, in a newly announced deal by Rose Commercial Real Estate.

NJIT’s Profeta Real Estate Center launching June 23, seeking to reshape real estate education

The Profeta Real Estate Technology, Design and Innovation Center will officially launch next week at New Jersey Institute of Technology, marking the start of what’s meant to be a pioneering cross-disciplinary program to produce the industry’s most well-rounded graduates.