Retail
Sherwin Williams takes space at Passaic redevelopment project

Sherwin Williams has expanded its footprint in northern New Jersey with the completion of a new lease in Passaic, brokers with The Goldstein Group announced this week.

Retail
Atlantic County retail center fetches $60 million

A real estate investment firm has landed in Atlantic County for its largest purchase of the year to date, acquiring a nearly 400,000-square-foot retail power center for $60 million.

Finance & Capital Markets
JLL inks $20.5 million loan for Opportunity Zone acquisition in Jersey City

A fund operated by Columbia Property Trust has secured more than $20 million in financing to acquire a newly completed, 93-unit apartment building in Jersey City.

Retail
JLL: Investment group sells Burlington retail center for $25 million

A joint venture has reaped $25 million from the sale of a nearly 100,000-square-foot, grocery-anchored retail center in Burlington County, brokers with JLL said Wednesday.

Finance & Capital Markets
JLL sources $16.8 million construction loan for Mercer County industrial project

The developers of a 340,000-square-foot industrial building in Mercer County have secured nearly $17 million in construction financing, under a newly announced transaction by JLL.

Office
JLL inks $31 million bridge loan for Parsippany office buyer

The recent buyer of a Parsippany office building has secured more than $30 million in bridge financing, under a newly announced transaction by JLL.

Finance & Capital Markets
JLL inks financing for 11-building portfolio in Raritan Center

Summit Associates has secured financing for an 11-building industrial portfolio in the Raritan Center business park in Edison, under a newly announced transaction by JLL.

Office
JLL: Law firms extend, lease 34,000 sq. ft. at One Gateway in Newark

Two law firms have extended their lease at Newark’s Gateway complex, thanks in large part to a recently launched, high-profile transformation of the landmark office buildings.

Office
C&W: Tenant expands sublease, takes 30,000 sq. ft. at former Gerber HQ in Florham Park

A professional services and information technology firm has expanded its footprint in Florham Park, adding nearly 30,000 square feet to a sublease that began less than a year ago.

Industrial
E-commerce train rolls on as industrial owners, brokers prepare for a roaring 2020

The economic engine powering the New Jersey industrial real estate market will continue to be the rapidly transforming retail sector, driven primarily by relentlessly rising demand from consumers for rapid home delivery of purchases, whether from online retailers or traditional but restructured brick-and-mortar retailers.