Finance & Capital Markets
JLL sources $42 million construction loan for Readington apartment project

A developer has secured a $42 million construction loan for a new 254-unit luxury apartment complex in Readington, according to a debt placement team with JLL.

Industrial
Boniakowski inks sale of 16,000 sq. ft. Middlesex warehouse among latest deals

A fully leased, 16,000-square-foot flex industrial building in Middlesex County has changed hands, in one of several recent deals by The Boniakowski Commercial Real Estate Group.

Residential & Mixed Use
Larken sees towns in central, western New Jersey as growth markets for luxury rentals

Larken Associates has ramped up its multifamily development pipeline in recent years, as it looks to bring upscale apartments and amenities to lesser-known suburban submarkets.

Industrial
Kislak inks sale of 44,000 sq. ft. industrial building in Hunterdon

A warehouse and manufacturing building in Hunterdon County has changed hands for nearly $4 million, in a transaction arranged by The Kislak Co. Inc.

Residential & Mixed Use
Larken breaks ground on 254-unit luxury apartment complex in Hunterdon

Larken Associates has broken ground on a 254-unit multifamily project in Readington, as it looks to reposition what had been a partially built office campus on Route 22.

Retail
National gas, convenience chain to acquire QuickChek for $645 million

An Arkansas-based gas and convenience chain is acquiring QuickChek Corp., the Readington-based owner of more than 150 stores across New Jersey and New York.

Residential & Mixed Use
Larken secures approval, plans 254 apartments at former office project site in Readington

Larken Associates has secured a local approval to build 254 luxury apartments along Route 22 in Readington, the site of what was once slated to be a professional office campus.

Office
NKF: New Jersey office market bounces back, gains new ground in 2018

A stronger 2018 helped New Jersey’s office market reverse the losses of the prior two years, Newmark Knight Frank found, thanks in part to healthier demand and leasing in some of the state’s key submarkets.

Top News
UNICOM has bold plans for technology, community hub after acquiring former Merck HQ in Readington

UNICOM, the California-based company that has acquired the former Merck campus in Readington, is doing far more than simply backfilling space at one of New Jersey’s largest stranded assets — with plans to create a dynamic, inclusive technology campus that will attract other tenants and serve as a regional hub for research and innovation.

Editor’s Note
A white knight for Whitehouse Station

For all the buzz around walkable, urban submarkets and higher-density workplaces, our readers have never lost interest in the fate of the Merck property in Whitehouse Station. I was reminded of that on Jan. 3, when a story about a potential buyer for the complex quickly became the most-read item we’ve ever had on RE-NJ.com.