JLL: Namdar eyes 588-unit Journal Square tower with $152 million financing deal

Namdar Group has snagged $152 million in construction financing for a project that will bring nearly 600 new apartments to Jersey City’s booming Journal Square neighborhood.

JLL: Tulfra lands $44 million, five-year loan for new 160-unit rental property in Rochelle Park

Tulfra Real Estate has secured $44 million in financing for its newly built, 160-unit luxury apartment building in Rochelle Park, brokers with JLL announced Thursday.

JLL: Day Pitney lease comes amid major updates to 176,000 sq. ft. Parsippany office building

A new lease by a top East Coast law firm is now a key piece of a landlord’s plan to reposition a Parsippany office building, the onetime home of a major pharmaceutical company.

Sanzari signs 5,300 sq. ft. renewal in Teaneck with Maschler family office

A family office has signed a nearly 5,300-square-foot lease renewal at Alfred Sanzari Enterprises’ Glenpointe campus in Teaneck, the landlord announced Wednesday.

Reynolds, Slabotsky family office acquire Louisiana apartment complex

Reynolds Asset Management has made another acquisition outside New Jersey, adding a 185-unit apartment complex in Shreveport, Louisiana, in a recent $9.5 million deal.

JLL: Buyer (or partner) wanted for 309-unit luxury apartment building in Jersey City

The owner of a four-year-old, 309-unit apartment building in Jersey City is looking to sell or recapitalize the property, according to a brokerage team with JLL.

STRO adds 77,000 sq. ft. small-bay warehouse in Fairfield

The STRO Cos. has acquired a nearly 77,000-square-foot industrial building near Route 46 in Fairfield, adding to its portfolio of small-bay warehouse space in the region.

Saxum, Meadow Partners acquire 80,000 sq. ft. flex industrial building in Hamilton

Saxum Real Estate and Meadow Partners have acquired some 80,000 square feet of industrial space on 16 acres in Hamilton, seeking to capture demand from shallow‐bay and flex users.

JLL tapped to sell three-building, 262,000 sq. ft. industrial portfolio in Rockland County

The owner of nearly 262,000 square feet of warehouse and light industrial space just north of Bergen County is seeking a buyer for the portfolio, in a newly announced offering by JLL.