Office
NVE, JLL detail plans for newly assembled 625,000 sq. ft. innovation hub in East Hanover

New Vernon Equities has acquired 350,000 square feet of high-end office space at the former Novartis Corp. campus in East Hanover, with plans to incorporate the buildings into a larger development that caters to firms in life sciences and other innovation sectors.

Office
CBRE: McGivney Kluger takes 14,000 sq. ft. in latest law firm deal at The Eisenhower

A national law firm has leased nearly 14,000 square feet of office space at The Eisenhower in Livingston, in a deal arranged by brokers with CBRE and JLL.

Retail
Longpoint buys 110,000 sq. ft. Kings-anchored center in Bedminster, JLL says

A global investment manager has sold a more than 110,000-square-foot, grocery-anchored shopping center in Bedminster, brokers with JLL announced Monday.

Finance & Capital Markets
JLL: Nuveen closes $115 million refi for New Jersey, New York self-storage portfolio

Nuveen Real Estate has provided a $115 million loan to refinance a portfolio of nine self-storage facilities across the tristate region, brokers with JLL announced Friday.

Finance & Capital Markets
JLL: BLP inks $10.3 million construction loan for 76,000 sq. ft. Somerset warehouse project

Bridge Logistics Properties has obtained $10.3 million in construction financing for more than 76,000 square feet of new speculative warehouse space in the Somerset section of Franklin.

Finance & Capital Markets
Summit Associates secures financing for 113,000 sq. ft. industrial portfolio in Edison, JLL says

Summit Associates Inc. has closed on financing for more than 113,000 square feet of industrial space in Edison’s Raritan Center, in a newly announced deal by JLL.

Finance & Capital Markets
Tulfra closes on Fulton Bank construction loan for 795-unit Jersey City self-storage project

Tulfra Real Estate has secured construction financing for a planned 795-unit self-storage facility in Jersey City, the first of three phases for a project near Liberty State Park.

Office
JLL: Princeton University acquires 158,000 sq. ft. West Windsor office building for $33 million

Princeton University has gone from tenant to landlord in West Windsor after acquiring a more than 158,000-square-foot office building off Route 1, in a newly announced deal by JLL.

Finance & Capital Markets
JLL: Seagis lands $102 million loan for 496,000 sq. ft. portfolio of new warehouse projects

Seagis Property Group has closed on $102 million in financing for three newly completed warehouses in New Jersey and Florida, brokers with JLL announced Monday.

Residential & Mixed Use
Mill Creek seals JV partnership, breaks ground on 253-unit Fort Lee apartment towern

Mill Creek Residential has broken ground on a 253-unit luxury rental tower in Fort Lee, having secured joint venture equity as part of a deal arranged by JLL.