Office
Iron Ore, investors buy well-known 101,000 sq. ft. office building in West Orange

A group led by Iron Ore Properties LLC has purchased a 101,000-square-foot office building in West Orange, marking the first sale of the asset in more than 50 years.

Residential & Mixed Use
Milestone moment: PARQ debuts first 275 apartments at Parsippany office campus

A developer has unveiled a new 275-unit luxury apartment building in Parsippany, in a key step toward repurposing an aging suburban office campus at the crossroads of two interstates.

Residential & Mixed Use
Kushner breaks ground on 299 apartments, supermarket in key gateway project for downtown Long Branch

Kushner is set to begin construction on a project that will bring nearly 300 new apartments and a supermarket to Long Branch, helping to jumpstart the long-awaited development of a neighborhood just west of the city’s booming waterfront.

Professional Services
MSW adds Capasso, Forrest as construction law and litigation group co-chairs

Murphy Schiller & Wilkes LLP has named two new partners in key roles, adding Anthony D. Capasso and R. Brant Forrest as co-chairs of its construction law and litigation practice groups.

Professional Spotlight
Murphy Schiller & Wilkes LLP

MSW was founded to provide effective, efficient and creative legal and advisory services to meet the distinctive needs of our clients. As a law firm focused solely on commercial real estate matters, our clients rely on the firm’s multidisciplinary approach in solving complex legal issues. Our attorneys have broad private- and public-sector experience, coming from top national law firms and high-level governmental positions. Through the development of individualized, client-focused strategies, our team works tirelessly to create a blueprint for success and advance our clients’ interests in every matter.

Industrial
Cervenka secures site plan approval, eyes Q4 delivery of 120,000 sq. ft. warehouse in Denville

Local officials in Denville have cleared the way for Cervenka Development Partners to build nearly 120,000 square feet of new high-end industrial space at a site just off Interstate 80.

Industrial
Cervenka secures site plan approval, eyes Q4 delivery of 120,000 sq. ft. warehouse in Denville

Local officials in Denville have cleared the way for Cervenka Development Partners to build nearly 120,000 square feet of new high-end industrial space at a site just off Interstate 80.

Finance & Capital Markets
IDB Bank, TAY Investments close $31 million bridge loan for 155-unit Newark rental property

IDB Bank has closed a $31 million bridge loan for a newly completed, 155-unit apartment building in Newark’s Central Ward.

Industrial
Deugen sells new 48,000 sq. ft. warehouse in East Rutherford after successful redevelopment

Deugen Development has sold a nearly 48,000-square-foot industrial building in East Rutherford, in the culmination of a redevelopment plan that began less than three years ago.

Community
Iron Hill golf outing raises $382,000 in 2023, its 20th year supporting military veterans, families

Nearly two dozen organizations supporting veterans, military personnel and their families are benefiting this year with the help of a golf outing that recently marked its 20th year, drawing broad support from companies across the state’s commercial real estate sector.