NAI Hanson, Van Houten complete sale of historic 108,000 sq. ft. building in Paterson

A joint venture has purchased a historic industrial complex in Paterson, paving the way for a potential adaptive reuse project alongside other redevelopment efforts in the city.

Paterson apartment portfolio trades for $2.9 million

A private investor has sold a two-building, 22-unit apartment portfolio in Paterson for nearly $2.9 million, brokers with Lee & Associates New Jersey announced Wednesday.

Marcus Partners acquires two-building, 194,000 sq. ft. industrial portfolio in Paterson

An investment firm has acquired a two-building, 194,000-square-foot industrial portfolio in Paterson, marking its first foray into the asset class in New Jersey.

Investor buys historic 331,000 sq. ft. industrial complex in Paterson, C&W says

An investor has acquired a historic seven-building, 331,000-square-foot industrial complex in Paterson, in a newly announced transaction by Cushman & Wakefield.

Developers land $94 million financing package for revival of iconic Paterson stadium

A development team has closed on more than $90 million in financing for a project that centers on restoring Paterson’s historic Hinchcliffe Stadium.

Mixed-use project in Paterson advances with support from EDA, HFMA

A partnership is eyeing plans to bring 74 new apartments to Paterson, in a project that calls for both new construction and the restoration of a historic mill property near the city’s Great Falls.

Developers join public officials, ex-baseball stars to hail Paterson stadium revival

A development team has broken ground on a long-awaited plan to revitalize and reopen Paterson’s historic Hinchliffe Stadium, joining a host of public officials and retired baseball stars to mark the start of the $94 million project.

Revival of iconic Paterson stadium on the horizon, with hometown developer at the helm

A plan to restore and reopen Paterson’s historic Hinchliffe Stadium is now within reach, as the project moves ahead under a team led by a hometown developer, in an effort that will also honor the site’s history as a Negro League baseball stadium. The mixed-use project could even become a focal point for redevelopment in Paterson, which has lagged behind other large New Jersey cities that have seen high-profile, public-private revitalization efforts.

Procida closes construction loan for 27-unit apartment building in Paterson

Procida Funding & Advisors has originated a $5.45 million construction loan to the developer of a new apartment and retail building in Paterson.

Discount chains add four new locations in New Jersey, R.J. Brunelli says

Dollar Tree has signed four new leases in northern and central New Jersey, including two at spaces that had been home to a now-shuttered home furnishings chain.