Montclair State picks JLL to find executive director for real estate, economic development

Montclair State University has tapped JLL to lead its search for a new executive director of real estate and economic development.

Alpine snags $143 million construction loan, equity for 500-unit ‘Scholars Village’ project near Liberty Science Center, JLL says

Alpine Residential has landed a nearly $143 million construction loan and equity for a plan to build 500 apartments on the doorstep of the Liberty Science Center in Jersey City.

JLL: Signature acquires 100,000 sq. ft. office building, adding third piece of Parsippany campus

Signature Acquisitions has acquired its third building in a well-known office campus in Parsippany, adding more than 100,000 square feet under a sale arranged by JLL.

Sanzari, dental practice sign 3,000 sq. ft. lease renewal at Hackensack retail center

Alfred Sanzari Enterprises has signed a nearly 3,000-square-foot lease renewal to keep a national dental practice in place at its Summit Plaza property in Hackensack.

Donato Group refinances multitenant, 72,000 sq. ft. industrial building in Freehold, JLL says

The Donato Group has refinanced a nearly 72,000-square-foot industrial building along Route 33 in Freehold, securing a five-year loan from TriState Capital Bank.

Fidelco, Diversified sell 393-unit Union rental property for $132 million, JLL says

Fidelco Realty Group and Diversified Properties have sold a newly developed, 393-unit luxury apartment complex in Union Township for nearly $132 million, in a deal arranged by JLL.

JLL: Pharma, life sciences tenants still loom large in New Jersey after an active 2024

Life sciences companies accounted for nearly a third of all leases signed in New Jersey last year, showing the industry’s continued role in the state’s changing commercial real estate market.

JLL: Sunrise Senior Living sells four-year-old, 88-unit facility in Franklin Lakes

Sunrise Senior Living has sold an 88-unit assisted living and memory care facility in Franklin Lakes after debuting the property in 2021, brokers with JLL announced Tuesday.

Urban Edge to sell Bergen Town Center parcel slated for 456 apartments for $25 million

Urban Edge Properties is selling a piece of Bergen Town Center — its sprawling retail property in Paramus and Maywood — one that’s slated for redevelopment as more than 450 apartments.

MLB Network leases 207,000 sq. ft. at landmark Crow Holdings project in Elmwood Park

Crow Holdings Development has secured a tenant for its new 207,000-square-foot industrial building in Elmwood Park, announcing a lease with MLB Network that will bring the broadcast and content platform to the high-profile project along Interstate 80.