An investor has acquired a 135,000-square-foot industrial building in Kearny for more than $21 million, in a newly announced transaction by Marcus & Millichap.
A private investor has acquired a retail property in downtown Newark, brokers with JLL announced, touting a potential redevelopment opportunity in a growing section of the city.
A joint venture is proceeding with plans for a 21-unit apartment building in Hackensack after recently securing planning board approval for the project.
The COVID-19 pandemic has threatened to stall many development projects nationwide, including those under the federal Opportunity Zone program, but experts say those investments could gain new momentum after a series of recent steps by regulators.
A newly built, 88-unit apartment building has hit the market for sale in downtown Hackensack, where brokers are touting several key tax benefits for a would-be buyer.
Brokers with Meridian Capital Group are seeking a buyer for a development site in downtown Newark, one that is fully approved for nearly 600 high-end apartments across two towers.