The owner of a well-known, 18-story apartment tower in Hackensack has refinanced the property for $60 million, according to a debt placement team with JLL.
The owner of a Ramsey office building has lured a new tenant to the property, inking a 7,000-square-foot lease with a national debt collection company.
The developers of a new 171,000-square-foot industrial project in Hamilton have obtained nearly $13 million in financing for the project, according to a debt placement team with JLL.
Thor Equities has started construction in its plan to overhaul a 350,000-square-foot building in Jersey City, where it aims to create “lab-ready” space that will attract life sciences users.
A real estate investment trust has sold a triple-net-leased Home Depot property in Bloomfield for more than $16 million, under a newly completed transaction by JLL.
A health care company is consolidating into a new location after agreeing to lease more than 17,000 square feet of office space in Florham Park, according to brokers with JLL.
Technology and construction industry experts have increasingly touted the use of digital, cloud-based platforms to both improve productivity and manage costs in the building process, especially in a time of rising costs and labor shortages.
The Stro Cos. has closed on a 77,000-square-foot industrial building in Fairfield, touting the property as a value-add acquisition with a lease that will expire in less than a year.
