Demand for studio space still growing in New Jersey, as officials move to expand opportunities

New Jersey’s fast-growing film and television industry has created a boom in studio construction and a new market for commercial spaces that can serve as set locations, as state officials take new steps to help more municipalities reap the benefits.

Blue Onyx prepares for pivot to large-scale urban projects, maintaining focus on social impact

Blue Onyx Cos. is filling its pipeline with larger, more ambitious development projects in Paterson and other urban markets, with an eye toward major multifamily and mixed-use investments that it says will still provide social impact and affordably priced homes.

Blue Onyx adds senior vice president of development, acquisitions

Commercial real estate firm Blue Onyx Cos. has named a new senior vice president of development and acquisitions, tapping a veteran industry executive for the post.

LCD Commercial sources $3.6 million loan for 33-unit Paterson housing portfolio

The owner of a 33-unit housing portfolio in Paterson has secured more than $3.6 million in financing for the properties, according to Totowa-based LCD Commercial Lending.

JLL sources acquisition loan for Paterson warehouse, outdoor storage site

A real estate firm has secured financing to acquire a fully leased, 66,000-square-foot light industrial building and outdoor storage space in Paterson, under a deal arranged by JLL.

Nail care company sells 152,000 sq. ft. Paterson facility in sale-leaseback deal

An investor has acquired an industrial building in Paterson as part of a sale-leaseback with a nail care company, in a newly announced transaction by NAI James E. Hanson.

Gebroe-Hammer inks sale of 83 apartments in Paterson, in deals totaling $12.4 million

An apartment owner has sold 83 units in Paterson for a combined $12.36 million, in a series of newly announced transactions by Gebroe-Hammer Associates.

Procida eyes $40 million rehab of historic Paterson silk mill, with plans for 127 apartments

A development team led by Procida Funding has unveiled plans to create nearly 130 new apartments at the site of a historic mill complex near Paterson’s Great Falls.

J.G. Petrucci completes expansion, community space for historic Paterson church

J.G. Petrucci Co. Inc. has completed a new 17,000-square-foot building in Paterson that will allow for the expansion of a church in the city’s Old Great Falls Historic District.

Gebroe-Hammer: 114-unit Paterson rental tower trades for $23 million

An affiliate of a Brooklyn-based real estate firm has sold a 114-unit apartment tower in Paterson, in a newly announced transaction by Gebroe-Hammer Associates.