JLL inks $148 million loan for sale of 1.5 million sq. ft. office portfolio in Morris County

An investment group has secured nearly $148 million in financing for its recent purchase of 10 office buildings in Parsippany and Madison, in a transaction arranged by JLL.

Kislak inks new leases totaling 52,000 sq. ft. in northern, central New Jersey

An automotive detailer and storage business has leased 10,000 square feet at a Flemington warehouse, in the largest of several newly announced deals by The Kislak Co. Inc.

Celebrity chef comes to rooftop restaurant in Port Imperial, Roseland says

A celebrity chef has brought his brand and cuisine to the rooftop restaurant at Roseland Residential Trust’s new waterfront hotel in Weehawken.

DeMarco out after five years at Mack-Cali, as REIT names interim CEO

Michael DeMarco is out as CEO of Mack-Cali Realty Corp., the company announced, following a year-long proxy fight that saw activist investors win control of its board of directors.

Mack-Cali names new chair after board shakeup

A veteran development executive has taken over as board chair of Mack-Cali Realty Corp., following a proxy battle that ended last week with a victory by a dissident investor group.

Investor group wins control of Mack-Cali board after agreement with REIT

Seven of Mack-Cali Realty Corp.’s 11 board members are stepping down, clearing the way for a dissident investor group to take control after a proxy battle that dates back to early last year.

Mack-Cali postpones annual meeting, citing ongoing talks with Bow Street

Mack-Cali Realty Corp. has postponed its annual stockholders meeting this week amid ongoing talks with a dissident investor group that has sought to take over its board.

Mack-Cali pulls three nominees for board election, heeding shareholder input

Mack-Cali Realty Corp. has withdrawn three of its incumbent nominees for the company’s upcoming board election, citing shareholder feedback ahead of its June 10 annual meeting.

Roseland unveils rebranded Jersey City apartment buildings (SLIDESHOW)

Roseland Residential Trust has rebranded a trio of luxury apartment buildings in Jersey City, seeking to streamline leasing across the portfolio of more than 1,200 units.

Murphy taps developers, industry leaders economic recovery council

Gov. Phil Murphy has tapped more than three dozen development executives, labor leaders and other industry professionals as part of a new council to help restart New Jersey’s economy.