The buyer of an 18-building, 724,000-square-foot industrial portfolio in northern New Jersey has secured nearly $49 million in acquisition financing, in a transaction arranged by JLL.
A local operator has sold a commercial kitchen and distribution facility in the Meadowlands, in a newly completed transaction by JLL’s Northeast industrial team.
A former top real estate executive for Bed Bath & Beyond has joined JLL’s industrial team in the region, bringing decades of experience and expertise in logistics and supply chains.
A joint venture has secured $88 million in financing for its acquisition of a 384-unit luxury multifamily property in the Somerset section of Franklin, according to JLL.
Mack-Cali Realty Corp. has announced the sale of two luxury multifamily properties, including a 200-unit complex in New Brunswick that changed hands for $47 million.
Lincoln Equities Group has sold just under 200,000 square feet of new industrial space on Long Island for $74.5 million, in a deal completed by JLL’s New Jersey brokerage team.
Another life sciences company is coming to the 1.14 million-square-foot former Bristol-Myers Squibb campus in Hopewell, where it plans to lease 62,000 square feet of laboratory space.
