JLL: Delta Equity Management refis new 196,000 sq. ft. industrial building

The developer of a new distribution center in Bayonne has secured funds to refinance the nearly 196,000-square-foot property, according to a debt placement team with JLL.

Joint venture buys 101,000 sq. ft. Princeton-area office building, JLL says

An investment group has purchased a nearly 101,000-square-foot office building some five miles from downtown Princeton, in a newly announced deal by JLL.

IOREBA panel conveys optimism, pragmatism amid market uncertainty (SLIDESHOW)

Speaking at IOREBA’s annual Developers Night, a panel of industry leaders offered both optimism and assuredness, but also frustration about a market that is still fundamentally strong in many respects but grinding along in the face of economic headwinds.

Hampshire debuts Morristown apartment building with remote work focus, supportive housing (SLIDESHOW)

The Hampshire Cos. has unveiled a new 85-unit luxury apartment building in Morristown, with a design that caters to remote workers and more than a dozen homes reserved for residents with special needs.

JLL: Middle Eastern-themed quick-service eatery takes 3,000 sq. ft. in Jersey City

A quick-service Middle Eastern restaurant is coming to Jersey City after leasing 3,000 square feet at the base of a waterfront office building, according to a broker with JLL.

Redevelopment of Parsippany office park comes with multilayered approach to sustainability

The transformation of a suburban office park in Parsippany — one of New Jersey’s most closely watched redevelopment projects — comes with a heavy focus on sustainability, including a plan to seek certification with the U.S. Green Building Council for the entire 45-acre community.

Developers ink $58 million refi of 240-unit Journal Square rental building, JLL says

The owners of a six-year-old, 240-unit luxury apartment building in Jersey City have closed on $58 million in financing for the property, according to a debt placement team with JLL.

Biotech firm takes 28,000 sq. ft. in Jersey City, plans move from Brooklyn with EDA tax credit

A biotechnology firm is moving from Brooklyn to Jersey City after being awarded a seven-year, $3.5 million tax credit under the Economic Development Authority’s Emerge program.

Savills: Contract drug maker takes 60,000 sq. ft., doubles footprint at EDA campus on Route 1

A specialty pharmaceutical maker has more than doubled its footprint at a state-owned campus in North Brunswick, where it’s set to occupy nearly 60,000 square feet across a full building.

Retail brokers Townes, Friedman join JLL

JLL has added two veteran brokers to help bolster and lead its New Jersey retail team.