Edison Properties has added to its vast parking portfolio in downtown Newark with the acquisition of a 357-space garage, brokers with Cushman & Wakefield announced.
The owner of an apartment building in Newark’s Weequahic neighborhood has refinanced for nearly $5 million, following a transaction brokered by Progress Capital Advisors.
McCarter & English has launched a new initiative to provide pro bono legal representation to Newark residents who are facing eviction proceedings by their landlords.
Newark city officials have formalized a $2 billion incentive package meant to attract Amazon’s second headquarters project, one that could also be used to lure other companies that would deliver a similar economic impact.
Four tenants have combined to lease nearly 68,000 square feet at One Newark Center, the 423,000-square-foot office tower in downtown Newark, including the iconic top-floor space that was the longtime home of The Newark Club.
Paramount Assets has added to its Newark portfolio with the acquisition of more than 50,000 square feet of commercial space in the city’s University’s Heights section.
Despite new blocks of space hitting the market, New Jersey saw a long-overdue surge of large office leases in the second quarter — with signs that more are on the way.
Experts say Newark is enjoying not only a surge of new private-sector investment, but also a level of interest that is helping to break the stigma that has plagued it for decades.
A newly renovated, 37,500-square-foot medical office building in Newark’s Ironbound section has changed hands for $4.25 million, in a deal arranged by The Kislak Co. Inc.
