Residential & Mixed Use
New two-phase, 225-unit rental property in Rahway on the market for sale, BlueGate says

The owner of two new luxury apartment buildings in downtown Rahway is seeking a buyer for the 225-unit property, in a newly announced offering by BlueGate Partners LLC.

Residential & Mixed Use
Two-building, 36-unit Rahway apartment portfolio sells for $8 million, Berkadia says

A private partnership has sold a two-building, 36-unit apartment portfolio in downtown Rahway for $8 million, in a recent deal by Berkadia’s New Jersey office.

Finance & Capital Markets
JLL: Joint venture refinances two-building, 335-unit apartment portfolio in Rahway

A partnership has refinanced a two-building, 335-unit luxury apartment portfolio in Rahway, in a deal arranged by JLL’s New Jersey capital markets team.

Residential & Mixed Use
Rahway multifamily building fetches $26.5 million, Kislak says

A pension fund has sold 160 multifamily units in downtown Rahway for $26.5 million, under a newly announced transaction by The Kislak Co. Inc.

Residential & Mixed Use
Woodbridge, Rahway apartment owner sells 87 units for $25.5 million

A developer has sold a six-building, 87-unit apartment portfolio in Woodbridge and Rahway, in a set of newly announced transactions by Gebroe-Hammer Associates.

Industrial
Pharma tenant expands, takes 10,000 sq. ft. in Rahway, Zimmel says

A pharmaceutical manufacturer is tripling its footprint in Rahway, having inked a 10,000-square-foot expansion at a five-building industrial park.

Residential & Mixed Use
Leasing teams turn to virtual tours, platforms to lure renters during stay-at-home order

In-person tours have been curtailed and lease numbers are down, but virtual tours are helping luxury apartment buildings bring in renters in this time of social distancing. The virtual elements are so useful, in fact, that building representatives said they’ll keep using them after the coronavirus crisis is over.

Office
Merck moving headquarters back to Rahway, reportedly selling Kenilworth site

Merck & Co. is leaving its Kenilworth headquarters and returning its front office to Rahway, in a move that is slated to take place by the end of 2023.

Residential & Mixed Use
First residents move into new 116-unit apartment complex in Rahway

A new luxury apartment building in downtown Rahway has welcomed its first residents after the recent launch of its leasing campaign.

Residential & Mixed Use
Newmark: Buyer of 14,000 sq. ft. Rahway property eyes new retail, apartments

An investor has acquired a mixed-use building in Rahway’s growing arts district, where it’s now weighing plans for new commercial space and residential units.