Industrial
BRC: Rahway warehouse fetches $19.8 million

A buyer has paid nearly $20 million for a 256,000-square-foot industrial facility in Rahway, in a newly announced transaction by Bussel Realty Corp.

Industrial
BRC: Food logistics firm relocates, leases 37,000 sq. ft. in Rahway

An industrial user has taken more than 37,000 square feet in Rahway, brokers with Bussel Realty Corp. announced Thursday.

Residential & Mixed Use
Investment firm has keyed on transit-centric, workforce housing in northern New Jersey

A real estate investment and management firm has quietly built a portfolio of transit-centric, workforce housing properties in northern New Jersey — with local holdings that have grown to some 40 properties with more than 2,000 apartments — and it sees a continued opportunity for expansion in the state and in the region.

Residential & Mixed Use
One Wall Partners acquires 159-unit rental complex in Rahway

An investment and management firm has expanded its portfolio with the purchase of a 159-unit apartment complex in downtown Rahway, in a transaction brokered by HFF.

Industrial
WRE: Brooklyn publisher set to buy Rahway building, expand into New Jersey

A large Brooklyn-based publishing company is expanding into New Jersey with the planned acquisition of a 256,000-square-foot building in Rahway, thanks in large part to a 10-year, $8.25 million tax credit package from the state Economic Development Authority.

Residential & Mixed Use
C&W marketing 135-unit rental portfolio in Woodbridge area

A seven-building, 135-unit apartment portfolio in Central New Jersey is on the market, Cushman & Wakefield announced, touting the potential for continued rent growth in properties that are less than five years old.

Current Issue
Capodagli is adding to its fast-growing portfolio with new residential, hospitality projects

With nearly 1,000 apartments under construction and some 2,000 more in its pipeline, Capodagli Property Co. is preparing for the next phase of its growth by launching a new hospitality platform that will bring cafés and restaurants to its future developments.

Finance & Capital Markets
Capodagli lands construction loan for 172-unit Rahway project, Avison Young says

Capodagli Property Co. has secured a $30 million construction loan for a new 172-unit apartment project in Rahway, in a transaction arranged by Avison Young.

Government & Public Policy
Liquor license reform in focus at New Jersey Future forum

What can state government do to help redevelopment in New Jersey? The real estate community certainly has its own ideas, but so does a lawmaker and a former longtime mayor. Assemblyman Jim Kennedy answered that very question last week, raising the need for liquor license reform and highlighting what has become been a top priority for New Jersey’s commercial real estate sector.

Industrial
BRC brokers 10,500 sq. ft. industrial lease in Rahway

An industrial tenant is relocating within Union County in order to accommodate its e-commerce business, following a 10,500-square-foot lease brokered by Bussel Realty Corp.