Industrial market finds balance in Q3 as leasing surges, construction slows in New Jersey

Industrial vacancy in New Jersey declined in the third quarter, as landlords enjoyed strong leasing momentum and a much-needed slowdown in new building deliveries.

PCCP, Stonemont snag $65 million bridge loan for new 296,000 sq. ft. warehouse in Passaic

The developers of nearly 296,000 square feet of new industrial space in Passaic have secured a $65.4 million bridge loan for the project, brokers with JLL announced Monday.

Tulfra unveils 797-unit Public Storage project in Jersey City

Tulfra Real Estate has taken the wraps off a new 797-unit self-storage facility in Jersey City, marking the first phase of a project at the edge of Liberty State Park.

JLL: Developers land permanent financing for 67-unit Ho-Ho-Kus rental project

A joint venture has closed on permanent financing for a newly completed, 67-unit luxury apartment property in Ho-Ho-Kus, brokers with JLL announced Wednesday

JLL: Site Centers sells Edgewater property with Whole Foods, 64 apartments for $53 million

A local investor has acquired a Whole Foods-anchored retail center and 64 apartments in Edgewater for more than $53 million, in a newly announced deal by JLL.

JLL: Bristol Myers Squibb eyes sale, partial leaseback of 1.2 million sq. ft. Summit campus

Bristol Myers Squibb is looking to sell a nearly 1.2 million-square-foot life sciences campus in Summit, bringing the well-known property back to the market after it changed hands in 2015.

Marcus Partners plans 72,000 sq. ft. warehouse after office teardown in Whippany

Marcus Partners’ plans at 35 South Jefferson Road in Whippany call for a new 72,000-square-foot logistics facility with 36-foot clear ceiling heights and a layout that will cater to single- or multitenant use. — Rendering courtesy: Marcus Partners By Joshua…

Veteran broker Yamaguchi, expert in multinational clients, joins JLL’s New Jersey team

JLL has strengthened its New Jersey brokerage team with the addition of Naoki Yamaguchi as a vice president.

Russo lands $162 million loan for new 534-unit ‘Vermella’ rental project in New Brunswick

Russo Development has closed on $162 million in financing for its new 534-unit high-end multifamily development in New Brunswick, brokers with JLL announced Friday.

Kamson inks two leases to fill retail space at mixed-use Teaneck project, JLL says

The Kamson Corp. has added two retail tenants at a mixed-use development in Teaneck, filling nearly 8,400 square feet in a set of newly announced deals by JLL.