Featured
Going global: Inside the growth of Asian logistics firms in New Jersey’s industrial market

Asia-based third-party logistics firms have played an increasingly important role in New Jersey’s industrial sector, creating new demand and helping to fill excess inventory after a recent surge in speculative construction. How those firms will be impacted by outsized tariffs and the U.S. trade war with China remains to seen, but developers are optimistic about what is now an established class of tenants.

Finance & Capital Markets
Kaplan refis 200-unit Helmetta property with $38 million Nuveen loan, JLL says

Kaplan Cos. has closed on more than $38 million in financing for a 200-unit apartment and townhome property in Helmetta, according to a debt placement team with JLL.

Residential & Mixed Use
JLL: Owner of Newark’s Eleven80 looks to sell landmark 316-unit apartment tower

Eleven80, the luxury apartment tower once seen as a pioneer for market-rate housing in downtown Newark, is on the market for sale.

Industrial
Seagis, ecommerce firm ink 211,000 sq. ft. lease at new Kearny warehouse, JLL says

Seagis Property Group has filled more than 211,000 square feet of new industrial space in Kearny after inking a lease with a growing ecommerce firm, according to brokers with JLL.

Finance & Capital Markets
JLL arranges construction loan, JV equity for 230-unit upscale rental project in Watchung

A six-building, 230-unit multifamily project in Watchung is moving ahead with the help of a construction loan and joint venture equity secured by JLL.

Industrial
JLL named leasing team for 250,000 sq. ft. industrial building on Manhattan’s West Side

Essex Capital has tapped JLL’s East Rutherford-based Northeast Industrial group as its leasing agent for a full-block, 250,000-square-foot logistics facility on Manhattan’s West Side.

Office
Inside Day Pitney’s new 55,000 sq. ft. office in Parsippany (SLIDESHOW)

Day Pitney LLP has opened its new 55,000-square-foot office in Parsippany after relocating from another building in the township.

Finance & Capital Markets
JLL sources $131 million loan for latest phases of Elmwood Park’s Riverwalk project

A developer has landed more than $131 million in senior financing for a four-building, 390-unit multifamily project in Elmwood Park, according to a debt placement team with JLL.

Residential & Mixed Use
Developer looks to sell new 199-unit luxury rental building in Bloomfield, JLL says

The developer of a new 199-unit luxury apartment building in downtown Bloomfield is seeking a buyer for the property, in a newly announced offering by JLL.

Industrial
New 1,200-unit self-storage facility by CrownPoint, Lamar opens in Newark’s Ironbound

CrownPoint Group and the Lamar Cos. have completed a new self-storage facility in Newark, delivering more than 1,200 units to the city’s bustling Ironbound section.