Onyx Equities has expanded its portfolio outside New Jersey, acquiring a 1.2 million-square-foot industrial complex about six miles north of Bergen County.
Having started my commercial real estate career in Newark, New Jersey in the late 1980s, I’ve had a front row seat to the evolution of The Brick City, and specifically the strides taken by the community toward enhancing the soul of the downtown area. What was once a city centered largely around Newark Penn station, the region has experienced new growth, particularly northward and westward toward the Broad Street corridor. Additionally, while improvements over the past two decades were slow, but steady, the past five years have seen a more intense ramp up in activity.
A major New Jersey law firm is moving its headquarters to Paramus, under a newly announced, 42,000-square-foot lease arranged by JLL.
An East Asian grocery chain will be the newest anchor at a Plainsboro retail center, where it has inked a lease for more than 43,000 square feet.
With two new luxury apartment buildings under construction in Ridgewood, Onyx Equities LLC has unveiled the launch of its new residential division.
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.
Woodbridge Crossing,451-479 Green St.,Woodbridge,HFF,PAG Investments,Citizens Bank,Onyx Equities LLC
As developers continue to invest in downtown Newark, the city is attracting both new residents and businesses. That makes it all the more important to create amenities and spaces that will bring permanent foot traffic during the day and at night, which has become a growing focus for both public- and private-sector leaders in the state’s largest city.
A new Aldi supermarket has opened its doors in a revitalized shopping center in Hazlet, following a lease arranged by brokers with The Goldstein Group.
A joint venture has acquired 1, 2 and 4 Gateway Center in Newark, bringing 1.6 million square feet of office space under a common ownership and paving the way for a sweeping, multimillion-dollar plan to modernize the complex’s concourse and streetscape.