Invel Capital buys 70-unit West Orange rental building in $41 million deal by JLL

A joint venture led by Invel Capital has acquired a 70-unit luxury apartment building in West Orange for nearly $41 million, in a transaction arranged and financed by JLL.

Wharton buys 91,000 sq. ft. small-bay portfolio in southeast Pennsylvania

Wharton Industrial has added to its holdings in the region, acquiring more than 91,000 square feet of small-bay industrial space in Pennsylvania under a newly announced joint venture.

Signature acquires fully leased 204,000 sq. ft. office building in Parsippany

Signature Acquisitions has expanded its holdings in Parsippany with the purchase of a nearly 204,000-square-foot office building, brokers with JLL announced Thursday.

Hampshire closes on $15.4 million refi of 40-unit rental project in Montclair, JLL says

The Hampshire Cos. has refinanced a new 40-unit luxury apartment building in downtown Montclair, securing a $15.4 million loan under a deal arranged by JLL.

JLL: RiverLink Hotels sells 122-room Courtyard by Marriott on Route 46 in Wayne

A hotel developer has sold a 122-room Courtyard by Marriott property at the nexus of three major highways in Wayne, in a newly announced deal by JLL.

JLL: Food importer Gellert Global buys 146,000 sq. ft. Madison building for new headquarters

A global food importer has acquired a more than 146,000-square-foot office building on Madison’s historic Giralda Farms campus, in a newly announced deal by JLL.

Marcus Partners inks construction loan for 72,000 sq. ft. Hanover warehouse project, JLL says

Marcus Partners has closed on construction financing for a project that will bring 72,000 square feet of new industrial space to Hanover, brokers with JLL announced Tuesday.

Paragano, longtime acquisitions specialist, joins JLL debt and equity group in New Jersey

JLL has strengthened its Morristown-based capital markets team with the hiring of Nazario Paragano, a veteran of several well-known commercial real estate firms in New Jersey.

JLL: Buyer wanted for newly updated 134,000 sq. ft. office building in Piscataway

The owner of a nearly 134,000-square-foot office building in Piscataway is looking to sell the property after a multiyear, $3.2 million renovation that helped bring it to 95 percent occupancy.

JLL: Toll Brothers, partners sell 417-unit Jersey City rental tower to Rockpoint

A joint venture led by Toll Brothers has sold a 417-unit high-end apartment tower in Jersey City, in a deal that brokers touted as New Jersey’s largest multifamily transaction this year.