Hovnanian Enterprises reportedly will sell its headquarters building in Red Bank to OceanFirst Financial Corp., paving the way for the homebuilder to move its offices to Old Bridge.
Denholtz Associates has acquired the final piece of a site in Red Bank that will soon become home to renovated office space and 45 new luxury apartments just steps from a train station.
As it makes acquisitions in key downtowns around New Jersey, a growing development and investment firm has added a director to oversee leasing and management of its portfolio.
Mack-Cali Realty Corp. has acquired three office buildings in Red Bank for $26 million while selling a property in Bridgewater, in separate transactions arranged by Cushman & Wakefield.
A developer is on the verge of beginning work at a redevelopment site in Red Bank, where it plans to rehabilitate a commercial building and build two three-story residential properties.
A three-year-old development and investment firm has launched its first fund, with a goal of deploying some $75 million to acquire value-add properties in transit-oriented downtowns.
