JLL sources $42 million construction loan for Readington apartment project

A developer has secured a $42 million construction loan for a new 254-unit luxury apartment complex in Readington, according to a debt placement team with JLL.

Investment group closes sale of Meadowlands light industrial building, JLL says

An investment group has sold a 60,400-square-foot light industrial building in Carlstadt, under a newly announced transaction by JLL.

Consulting firm inks lease to move to historic Trenton complex

A consulting firm is moving its headquarters to a historic industrial campus in Trenton, marking a milestone for the city and for the developer that is repurposing the property.

Buyer wanted for 232-unit luxury apartment complex outside Princeton, JLL says

A luxury apartment complex near Princeton is on the market with a projected sale price of around $90 million, providing an opportunity for investors in the supply-constrained submarket.

Saxum lands $47 million loan for Philadelphia rental project, JLL says

Saxum Real Estate has secured nearly $47 million in financing for a 297-unit multifamily project in Philadelphia, according to a Morristown-based debt placement team with JLL.

New Jersey needs turnkey lab space, faster approvals to compete for life sciences users

Experts say New Jersey faces a growing challenge: While it’s still a major draw for pharmaceutical research and development, speed to market has become increasingly important to life sciences users. That means the state’s lack of move-in-ready lab space — and its lengthy approval process for new construction — puts it at a disadvantage to competing markets.

Sanzari taps JLL as leasing agent at Elmwood Park office building

Alfred Sanzari Enterprises has named JLL as its leasing agent at a four-story, 68,000-square-foot office building in Elmwood Park.

Investor acquires 200-unit loft portfolio in Trenton for $29 million

An investment and development firm has acquired a three-building, 200-unit collection of loft-style apartments in Trenton for nearly $30 million.

Buyer wanted for fully leased, 295,000 sq. ft. industrial building in 8A submarket

The owner of a fully leased, 295,000-square-foot industrial building in South Brunswick has put the property on the market, according to JLL’s New Jersey capital markets team.

JLL seeking buyer for 351-unit luxury apartment complex in Fort Lee

A seven-building, 351-unit apartment complex in Fort Lee is on the market for sale, with the potential to draw offers in the range of $170 million.