Finance & Capital Markets
Joint venture lands $88 million acquisition loan for Somerset apartment deal

A joint venture has secured $88 million in financing for its acquisition of a 384-unit luxury multifamily property in the Somerset section of Franklin, according to JLL.

Office
Bergman announces acquisition of Princeton office building, securing $14 million loan

A partnership led by Bergman Real Estate Group has acquired a 160,000-square-foot, Princeton-area office building from Mack-Cali Realty Corp.

Industrial
Trucking firm buys former steel plant property in Boonton, JLL says

The owner of a former steel plant in Boonton has sold the 55,000-square-foot property, in a newly announced transaction by JLL.

Residential & Mixed Use
Mack-Cali sells New Brunswick rental property for $47 million

Mack-Cali Realty Corp. has announced the sale of two luxury multifamily properties, including a 200-unit complex in New Brunswick that changed hands for $47 million.

Office
JLL touts new lease, renewal at Woodcliff Lake office building

Western Union has committed to more than 10,000 square feet at a Woodcliff Lake office building, in one of two newly announced transactions by JLL.

Industrial
JLL: Lincoln Equities sells Long Island logistics center for $75 million

Lincoln Equities Group has sold just under 200,000 square feet of new industrial space on Long Island for $74.5 million, in a deal completed by JLL’s New Jersey brokerage team.

Health Care & Education
Gene therapy company takes 62,000 sq. ft. at massive life sciences campus in Hopewell

Another life sciences company is coming to the 1.14 million-square-foot former Bristol-Myers Squibb campus in Hopewell, where it plans to lease 62,000 square feet of laboratory space.

Industrial
JLL: Logistics, fragrance tenants combine for 81,000 sq. ft. in Fairfield

Two industrial tenants have leased a combined 81,400 square feet at separate buildings in Fairfield, in a set of newly announced transactions by JLL.

Industrial
CenterPoint adds 30,000 sq. ft. industrial building on four-acre site in Woodbridge

CenterPoint Properties has made another acquisition in New Jersey, adding a nearly 30,000-square-foot industrial building in Woodbridge with an abundance of excess land for parking.

Finance & Capital Markets
Owner of West Orange medical office building refinances, JLL says

Atkins Cos. has refinanced the debt on a nearly 121,000-square-foot medical office building in West Orange, brokers with JLL announced Monday.