Finance & Capital Markets
JLL: Buyer wanted for 1,250-space parking garage in northern Hoboken

A busy 1,250-space parking structure in Hoboken has hit the market for sale, with the potential to command a price of around $40 million.

Residential & Mixed Use
JLL completes sale of 216-unit AvalonBay complex Tinton Falls

AvalonBay Communities Inc. has sold a 216-unit apartment complex in Monmouth County, brokers with JLL announced Tuesday after marketing the property.

Finance & Capital Markets
Elberon inks $20 million refi for Elizabeth cold storage building, JLL says

The owner of a 175,000-square-foot cold storage building in Elizabeth has landed $20 million in long-term financing, in a newly announced transaction by JLL.

Retail
JLL inks retail leases with axe-throwing venue, three others, totaling 19,000 sq. ft.

The country’s largest axe-throwing venue is leasing more than 14,000 square feet in Bergen County, in the largest of four newly announced transactions by JLL.

Finance & Capital Markets
JLL inks $30 million loan for Bergenfield rental complex

The owner of a 237-unit garden apartment complex in Bergen County has secured $30 million in financing, brokers with JLL announced Tuesday.

Finance & Capital Markets
Investors eye buying, selling opportunities despite COVID challenges

Commercial real estate still holds opportunities for both sellers and investors — including those in New Jersey — provided they can navigate the challenges of the COVID-19 crisis. That was the message from experts who gathered for a virtual panel discussion on the state of capital markets in the Garden State and elsewhere.

Office
Mack-Cali eyeing sale of Hoboken office building for $245 million

Mack-Cali Realty Corp. has agreed to sell a nearly 570,000-square-foot office building in Hoboken for more than $240 million, the real estate investment trust said this week.

Residential & Mixed Use
Joint venture acquires luxury rental building in Parsippany for $68 million

The developer of a two-year-old, 212-unit apartment building in Parsippany has sold the property, reportedly for nearly $70 million.

Industrial
JLL inks $11.2 million industrial sale in Connecticut

A team of Morristown-based brokers with JLL has completed the sale of a nearly 112,000-square-foot light industrial building just outside Hartford, Connecticut.

Features
Brokers turn to video walkthroughs for North Jersey commercial buildings (VIDEO)

The coronavirus pandemic has done more than present a major health crisis to the American people — it poses a major threat to commercial real estate and the economy at large.