Office
SJP reacquires key Hoboken office building in joint venture, touting rare large-block availability

SJP Properties has regained full control of a three-building, 1.5 million-square-foot office and retail complex in Hoboken that it built over more than a decade, having reacquired the initial phase as part of a joint venture with David Werner Real Estate Investments.

Office
JLL inks sale of 79,000 sq. ft. office, R&D building in Montvale

A private investor has purchased a nearly 80,000-square-foot office and research complex in Montvale, according to brokers with JLL’s New Jersey capital markets team.

Finance & Capital Markets
JLL sources $80 million permanent loan for 296-unit Russo project in Garwood

JLL Capital Markets has negotiated $80 million in permanent financing for Vermella at Garwood Station, a new 296-unit, transit-oriented, luxury apartment building in Garwood.

Professional Services
JLL promotes two debt, equity brokers in New Jersey to senior director

JLL has promoted two brokers on its Morristown-based New Jersey capital markets team.

Professional Services
JLL adds senior vice president to lead Northeast industrial project management team

JLL has named a new senior vice president to lead its Northeast industrial project management group.

Finance & Capital Markets
JLL places $16.1 million loan for four-building, 390,000 sq. ft. Raritan Center portfolio

Summit Associates Inc. has refinanced a nearly 390,000-square-foot industrial portfolio in Edison for $16.1 million, brokers with JLL announced Thursday.

Residential & Mixed Use
Investor buys nearly complete, 40-unit rental building in Jersey City for $16 million

An investment group has expanded its holdings in Jersey City with the acquisition of a new boutique apartment building that is in the final stages of construction.

Finance & Capital Markets
JLL: Ironstate refinances Hoboken apartment tower for $36 million

The owner of a 150-unit apartment tower in downtown Hoboken is refinancing the property for nearly $36 million, in a deal arranged by brokers with JLL.

Finance & Capital Markets
JLL inks $15 million loan for new 146,000 sq. ft. industrial building in Hamilton

A joint venture has landed a $15.3 million acquisition loan for a newly developed industrial property in Hamilton, in a deal announced by JLL.

Finance & Capital Markets
JLL sources $12 million refinancing of Port Newark industrial complex

JLL has arranged a $12 million facility loan for Port Newark Junction, a six-building, 154,149-square-foot industrial complex in Newark.