A vacant movie theater in North Bergen is set to become a self-storage facility after the sale of the property by Madison International Realty, brokers with JLL announced Thursday.
JLL has promoted Thomas Didio Jr., Gerard Quinn and Elizabeth DeVesty of its Morristown-based capital markets team, touting their role in the firm’s surging pipeline of multifamily deals.
Office vacancy in New Jersey is ticking downward after a positive fourth quarter, capping a year that saw high-end buildings continue to shine and a notable decline in sublease space.
An affiliate of The Azarian Group has sold the leasehold for a nearly 147,000-square-foot shopping center in North Brunswick, according to a listing team with JLL.
The owners of senior housing communities in northern New Jersey and the Lower Hudson Valley have refinanced the portfolio for $48 million, brokers with JLL said Monday.
Klein Enterprises has sold a 232-unit luxury apartment property in Belleville, the Maryland-based developer’s first project in New Jersey, in an $80 million deal arranged by JLL.
A logistics firm has taken 96,000 square feet in South Amboy, filling more than half of a newly built warehouse facility by Woodmont Industrial Partners and Joseph Jingoli & Son. Inc.
The owner of a more than 71,000-square-foot shopping center in Union Township has closed on a $13.5 million refinancing loan for the property, brokers with JLL announced Wednesday.
Seagis Property Group has secured $176 million in permanent financing for more than 1.2 million square feet of industrial space across six buildings in New Jersey and Florida.