JLL: Hartz sells 136,000 sq. ft. Jersey City office building for $48 million, in deal with AEP

Hartz Mountain Industries has sold a 136,000-square-foot office building in Jersey City to American Equity Partners, in a newly announced transaction by JLL.

JLL sources $22 million acquisition loan for South Jersey, Pennsylvania light industrial deal

The new owner of more than 250,000 square feet of light industrial space in South Jersey and suburban Philadelphia has landed some $22 million in acquisition financing.

Landlords detail sweeping plan to upgrade 141,000 sq. ft. Giralda Farms building

A joint venture has unveiled its multimillion-dollar plan to renovate a piece of the acclaimed Giralda Farms office campus, while tapping JLL to market the 141,000-square-foot property.

Signature Acquisitions details 15 leases in Union, Monmouth totaling 55,000 sq. ft.

The owner of an eight-building, 820,000-square-foot office portfolio in Union County is touting more than a dozen recent deals at the properties, including eight new leases or expansions.

JLL: John Hancock sells two-building, 302,000 sq. ft. office campus near Princeton

Insurance giant John Hancock has sold a fully leased, 302,000-square-foot office campus in West Windsor, in a deal arranged by brokers with JLL.

Elberon, Avidan sell 139,000 sq. ft. freezer warehouse in Elizabeth

The developers of a nearly 140,000-square-foot freezer warehouse and food distribution facility in Elizabeth have sold the property, brokers with JLL announced Thursday.

JLL: Fairfield-based Lamar Cos. joins in $80 million purchase of Puerto Rico retail portfolio

A partnership that includes a Fairfield-based real estate firm has acquired four retail centers in Puerto Rico for more than $80 million, in a newly announced deal by JLL.

JLL inks $10 million loan for Cohen warehouse deal in Jersey City

An investment group has purchased a nearly 66,000-square-foot warehouse in Jersey City with the help of a $10.25 million acquisition loan, JLL’s New Jersey capital markets team announced.

Investor demand for industrial space soaring to new heights, as rents rise at record pace

Industrial rents in New Jersey and other top markets are rising at unprecedented rates, leaving investors hungrier than ever for properties across the asset class.

JLL: Buyer wanted for landmark 245-unit apartment tower in downtown Newark

A gleaming 22-story apartment tower in Newark that opened in 2018, marking the city’s first ground-up, luxury high-rise in more than 50 years, is on the market for sale.