JLL: Investor acquires Morris County rental complex for $40 million

A multifamily owner has reaped nearly $40 million from the sale of a 123-unit, garden-style apartment complex in Morris County, following a sale arranged by JLL.

Bridge, Uniqlo ink major lease at 3.85 million sq. ft. industrial project in Warren County

Bridge Development Partners has landed a major tenant at a six-building, 3.85 million-square-foot industrial park now under construction in Warren County, inking its largest lease to date with the Japanese clothing maker Uniqlo.

JLL inks $118 million loan package for Roseland apartment community

The owner of a 360-unit apartment community in Roseland has secured nearly $120 million in financing, in a newly announced transaction by brokers with JLL.

Russo, Forsgate break ground on massive Meadowlands logistics park

Two of New Jersey’s best-known multigenerational development firms have broken ground on a long-awaited project in the heart of the Meadowlands, one that will bring more than 3 million square feet of high-end industrial space to a site that is five miles from the Lincoln Tunnel.

Atlantic County shopping center on the market for sale

A roughly 400,000-square-foot shopping center about 12 miles outside Atlantic City is on the market for sale, according to brokers with JLL who are marketing the property.

New construction in 2020, 2021 unlikely to quench demand for New Jersey industrial stock

Users in New Jersey’s booming industrial sector have faced a severe lack of supply in recent years, leading to unprecedented rent growth and an unabated race to find development sites. New space is on the way — and plenty of it — with millions of square feet slated to come online in the next two years. Yet market experts say demand will continue to outpace supply, given the continued upside of e-commerce and a race by traditional retailers to update their supply chains.

Meadowlands industrial building fetches $15 million, JLL says

A private equity investor has acquired a nearly 103,000-square-foot industrial building in the Meadowlands for $15 million, under a newly announced transaction by JLL.

JLL: Buyer wanted for newly developed Route 22 retail center

A newly built, 111,000-square-foot retail center in Union County is on the market for sale, with brokers touting the presence of two national anchors and a location along a busy highway.

Engineering, consulting firm takes 12,000 sq. ft. in Warren for planned HQ relocation

A professional services firm is relocating its corporate headquarters, brokers with JLL announced, inking a nearly 12,000-square-foot lease at a Warren office building.

LMC: Fast-casual chain expands in Ewing, takes 2,220 sq. ft.

A fast-casual chicken restaurant has taken 2,200 square feet at a Mercer County shopping center, in one of two newly announced transactions by Levin Management Corp.