The longtime owner of a 253-unit garden apartment complex in North Brunswick has sold the property for nearly $64 million, in a deal arranged by Gebroe-Hammer Associates.
PulteGroup has become a key player in some of New Jersey’s largest mixed-use, transit-centric redevelopments over the past decade, having delivered or broken ground on some 1,300 for-sale homes near train stations in partnership with several leading developers.
A fast-growing cookie franchise has leased nearly 2,000 square feet of retail space in Middlesex County, in one of several first-quarter transactions by Azarian Realty Co.
The state is seeking a buyer for 26 acres along Route 1 in North Brunswick, touting the parcels’ location in the heart of New Jersey’s research and development corridor.
Levin Management Corp. has completed four lease renewals with Dollar Tree, accounting for more than 40,000 square feet of activity in New Jersey and Pennsylvania.
The owner of a 184-unit apartment complex in Sayreville has refinanced for $27 million, in the largest of three newly announced transactions by NorthMarq.
The pandemic has not stifled rent growth in New Jersey’s industrial market, as Amazon and other e-commerce users continue to drive leasing and construction activity statewide.
