A beleaguered private equity firm has sold 30 acres in the heart of Newark’s port district, where its plans once called for some 250,000 square feet of cold storage space.
An investment group has unveiled plans to build nearly 120,000 square feet of high-end logistics space in Newark under a newly formed, $1 billion joint venture with seven projects.
An area real estate firm has acquired a Newark development site with full approvals for 190 apartments, in a deal arranged by PRE Real Estate Services.
An affiliate of SJP Properties has completed two phases of a plan to overhaul the five-floor, 100,000-square-foot office space in Newark that is home to McCarter & English LLP.
The New Jersey Institute of Technology unveiled the new Paul Profeta Real Estate Technology, Design and Innovation Center, made possible by the largest-ever gift to the Newark-based university.
An acclaimed restaurateur in Harlem is expanding to Newark, with a location that will mark another step in Fidelco Realty Group’s plan to revitalize a well-known office building.
Workforce housing investor OneWall Communities has sold a 191-unit multifamily portfolio in Newark for $30 million, according to the firm and brokers with CBRE.
A development team has closed on $42 million in financing for a project that will bring 78 affordably priced apartments to an area just north of Newark’s University Hospital.
Business and commercial real estate leaders in Newark are set to gather next week for a popular event that showcases the city’s growing construction and economic development pipeline.
