JLL: Joint venture inks $54 million loan for newly acquired Montclair apartments

The recent buyers of a 163-unit multifamily property in Montclair have landed a $54 million acquisition loan for the property, according to a debt placement team with JLL.

JLL: Clarion sells 163-unit Montclair apartment property

An investment manager has sold a 163-unit luxury apartment complex in downtown Montclair, under a newly announced transaction by JLL.

Marcus inks 14-unit multifamily sale in Montclair

A private investor has purchased 14 apartments in Montclair for nearly $1.8 million, in a newly announced transaction by Marcus & Millichap.

Summit Health debuts 30,000 sq. ft. office at new Montclair arts campus

Summit Health has opened the doors to a new 30,000-square-foot office in Montclair, in one of the first pieces of a new mixed-use development near the acclaimed Wellmont Theater.

Pierson Commercial touts retail lease-up of historic building in downtown Montclair

A leasing team has filled the retail space at a 35,000-square-foot building in downtown Montclair, following efforts to update and reposition the historic property.

CBRE inks sale of self-storage development site in Montclair

A new self-storage facility is coming to Montclair after a developer’s purchase of about three-quarters of an acre near the downtown, brokers with CBRE announced Thursday.

Developers launch leasing at 200-unit luxury rental project in Montclair arts district

A joint venture has kicked off leasing at 200 new luxury apartments in Montclair, marking a milestone in a plan to create an arts district anchored by a historic downtown theater.

Saxum, Becker sell repositioned boutique office building in Montclair

Saxum Real Estate has announced the sale of a boutique office building in Montclair, following a multiyear effort to renovate and lease up the property with a joint venture partner.

Investors Bank inks loans for Montclair, Lawnside apartments among recent activity

Investors Bank is touting the completion of more than $2 billion in commercial real estate lending volume in 2020, including continued financing of new construction and acquisitions.

Crow Holdings expands Northeast team with former Rockefeller exec

Crow Holdings Industrial has bolstered its Northeast team with the addition of a veteran development executive in the region.