Hekemian & Co. affiliate refis Sparta shopping center for $21 million, JLL says

The longtime owner of a nearly 90,000-square-foot shopping center in Sparta has secured $21.5 million in financing for the asset, according to a debt placement team with JLL.

JLL: Hekemian & Co. inks $78 million refi of new Hackensack apartments

An affiliate of Hekemian & Co. has landed a $78 million loan to refinance a new 254-unit luxury apartment building in Hackensack, in a transaction arranged by JLL.

JLL sources predevelopment, construction loan for Thor warehouse project in Bogota

Thor Equities Group has secured predevelopment and construction financing for a plan to build a nearly 151,000-square-foot industrial building in Bogota, according to brokers with JLL.

Petrucci, PGIM sell 511,000 sq. ft. Phillipsburg warehouse for $110 million

A joint venture has sold a newly built, 511,200-square-foot industrial building in Phillipsburg for $110 million, allowing a Boston-based firm to expand its footprint in the state.

JLL inks $61 million refi for 200,000 sq. ft. outer boroughs industrial portfolio

Seagis Property Group LP has landed nearly $61 million to refinance seven light industrial buildings in New York City, in a deal by JLL’s Morristown-based capital markets team.

United Way unveils finalists for annual North Jersey real estate event, its largest fundraiser

The United Way of Northern New Jersey has revealed this year’s honorees at an annual fundraiser that draws support from hundreds of commercial real estate industry leaders.

New tenants lease 34,000 sq. ft. at upgraded Rockaway office building, JLL says

The owner of a nearly 240,000-square-foot office building in Morris County is welcoming three new tenants after a series of renovations at the property, brokers with JLL announced.

JLL sources $56 million HUD loan to refinance Burlington County apartments

The owner of about 300 apartments in Burlington County has landed a $56 million federal loan to refinance the property, according to a debt placement team with JLL.

S. Hekemian Group, JLL ink sale of Newark warehouse for more than $800 per square foot

The S. Hekemian Group has sold a newly built, 76,000-square-foot industrial building just north of Interstate 78 in Newark, achieving a record price of more than $820 per square foot.

Wharton Realty buys 517,000 sq. ft. power center in Gloucester County

An Eatontown-based firm has acquired a nearly 520,000-square-foot retail center in the Gloucester County township of Deptford, in a transaction arranged by JLL.