Office vacancy in New Jersey is ticking downward after a positive fourth quarter, capping a year that saw high-end buildings continue to shine and a notable decline in sublease space.
An affiliate of The Azarian Group has sold the leasehold for a nearly 147,000-square-foot shopping center in North Brunswick, according to a listing team with JLL.
The owners of senior housing communities in northern New Jersey and the Lower Hudson Valley have refinanced the portfolio for $48 million, brokers with JLL said Monday.
Klein Enterprises has sold a 232-unit luxury apartment property in Belleville, the Maryland-based developer’s first project in New Jersey, in an $80 million deal arranged by JLL.
A logistics firm has taken 96,000 square feet in South Amboy, filling more than half of a newly built warehouse facility by Woodmont Industrial Partners and Joseph Jingoli & Son. Inc.
The owner of a more than 71,000-square-foot shopping center in Union Township has closed on a $13.5 million refinancing loan for the property, brokers with JLL announced Wednesday.
Seagis Property Group has secured $176 million in permanent financing for more than 1.2 million square feet of industrial space across six buildings in New Jersey and Florida.
Kaplan Cos. has closed on $47.5 million in permanent financing for a newly completed, 176-unit luxury apartment complex in Sayreville, brokers with JLL announced Wednesday.
Developers are planning an early 2026 groundbreaking for a new 678-unit apartment tower in Jersey City after landing $384 million in capital for the project, brokers with JLL said Tuesday.
