Onyx Equities and PCCP have sold a 439,000-square-foot office building outside Morristown — reportedly for $118.5 million — following nearly a decade of ownership and an ambitious plan to rejuvenate the property.
A joint venture has unveiled plans for nearly 576,000 square feet of new industrial space in Warren County as part of a two-building project near Interstate 78.
Lincoln Equities Group has broken ground on a project that will bring more than 200,000 square feet of high-end warehouse space to Belleville, adding new supply to a growing submarket while revitalizing a blighted and long-contaminated site along Route 21.
A joint venture is set to begin construction on more than 120,000 square feet of new industrial space in Newark after securing a $64 million construction loan for the project.
Lincoln Equities Group has landed nearly $54 million in financing to build more than 204,000 square feet of new industrial space in Belleville, brokers with Cushman & Wakefield said.
Stonemont Financial Group has acquired some 20 acres in Passaic where it plans to build nearly 300,000 square feet of new high-end industrial space just off Route 21.
A development team has secured nearly $147 million in construction financing for a project that will bring some 500 new apartments and retail space to Parsippany, revitalizing the former site of a defunct office complex on Route 10.
A joint venture has secured more than $107 million in financing for the next piece of a new 153-acre industrial campus in Bayonne, in a deal arranged by Cushman & Wakefield.
A joint venture has inked a nearly 58,000-square-foot industrial lease in Burlington County, securing a full-building commitment from an area pet store operator.