Office
NKF: E-commerce bedding maker moves HQ, takes 23,000 sq. ft. in Summit

A luxury bedding and home goods maker has found a new headquarters in downtown Summit, under a 23,000-square-foot lease announced Thursday by Newmark Knight Frank.

Industrial
The RealReal opens 490,000 sq. ft. e-commerce center in Perth Amboy

An online luxury consignment shop has officially added to its footprint in New Jersey, marking the opening of its nearly 500,000-square-foot distribution center in Perth Amboy.

Finance & Capital Markets
Progress inks $34 million loan for Newark office building

The owners of a 200,000-square-foot office building in downtown Newark have secured $34 million in financing, under a newly announced transaction by Progress Capital.

Professional Services
LMC adds veteran property management exec

Levin Management Corp. has made another addition to its team, hiring a longtime property management executive to help oversee its growing commercial portfolio.

Office
NKF tapped to sell 188,000 sq. ft. Mack-Cali building in Neptune

Mack-Cali Realty Corp. is seeking a buyer for a fully leased, 188,400-square-foot office building in Neptune, brokers with Newmark Knight Frank announced Tuesday.

Office
NKF: Life sciences deals in Florham Park, Bridgewater lead Q1 office leasing

Two life sciences companies have taken a combined 215,000 square feet in Morris and Somerset counties, accounting for New Jersey’s largest new office leases during a positive first quarter.

Office
NKF named leasing agent for three-building office campus in Warren

A three-building, 231,000-square-foot office park in Warren is slated for a series of updates as part of a newly announced marketing plan by Newmark Knight Frank.

Events
NAIOP reveals deal of the year finalists for upcoming gala

NAIOP New Jersey has announced the finalists for its coveted Deal of the Year awards, highlighting six of the state’s most impactful projects and transactions of 2018.

Professional Services
Garibaldi adds first-ever managing broker as part of historic rebrand

The Garibaldi Group has hired a veteran broker and consultant who will play a key role in the firm’s efforts to revamp and expand its real estate services platform.

Finance & Capital Markets
Investor demand still strong in New Jersey as buyers seek safety, certainty in commercial real estate

With 2019 underway, competition among commercial real estate investors has only intensified in New Jersey, largely around properties that offer some level of safety in the later stages of the economic expansion.The Garden State is by no means alone in that regard, but brokers and other experts say they expect demand to stay robust in the near term, citing everything from Wall Street volatility to the continued arrival of buyers from other markets.