Finance & Capital Markets
JLL: Seagis lands $81 million in financing for 225,000 sq. ft. United facility in Newark

Seagis Property Group has secured $81 million in permanent financing for a new warehouse adjacent to Newark Liberty International Airport, brokers with JLL announced Tuesday.

Top News
NJPAC redevelopment underway as construction begins for redesigned outdoor space

Construction is underway for a project that will revamp the New Jersey Performing Arts Center’s outdoor space, in the first piece of a major redevelopment for the Newark theater complex.

Industrial
Seagis inks two leases to fill new 178,000 sq. ft. warehouse development in Newark

Seagis Property Group has leased up a newly delivered warehouse facility along Route 21 in Newark after completing two deals totaling nearly 180,000 square feet.

Industrial
Seagis inks two leases to fill new 178,000 sq. ft. warehouse development in Newark

Seagis Property Group has leased up a newly delivered warehouse facility along Route 21 in Newark after completing two deals totaling nearly 180,000 square feet.

Retail
LMC: Italian eatery opens inside 2,100 sq. ft. at Newark’s Springfield Avenue Marketplace

A new pizzeria and Italian restaurant has opened its doors at Newark’s Springfield Avenue Marketplace, according to a leasing team with Levin Management Corp.

Government & Public Policy
New affordable, supportive housing taking shape near hospitals with help of HMFA program

The first projects have arrived under a state program aimed at creating affordable and supportive housing near hospitals — providing shelter and other services while reducing the burden on local health care institutions — as officials eye continued growth for the program.

Professional Services
Real estate, land use attorney Maioriello joins Connell Foley as associate

Connell Foley LLP has deepened its bench of real estate attorneys in New Jersey with the addition of Rebecca Maioriello as an associate.

Professional Spotlight
Pennoni

Our capabilities are ever-expanding in lockstep with growing business demand, tech innovations and the creative influence of a new generation. With these catalysts for evolution in play, our services flex to span traditional markets, such as government and education, to expanding markets, such as energy and logistics. The specific requirements of your project and industry keep our approach fresh and ensure our services are focused on meeting your needs.

Retail
ULI awards showcases the best in land use, redevelopment while highlighting ongoing challenges in New Jersey (SLIDESHOW)

Th Urban Land Institute’s Northern New Jersey chapter hosted its largest event of the year, honoring projects, professionals and companies in nearly 20 categories as recipients called for continued cooperation between developers and policymakers.

Government & Public Policy
Berger secures $90 million EDA tax credit award for planned 396-unit high-rise in Newark

The state has pledged its support for two more residential projects in Newark, approving more than $142 million in combined subsidies under the Aspire tax credit program.