Russo launches construction on third Kearny residential project

Russo Development has embarked on its third residential property in Kearny, hailing the start of a 268-unit project at the former site of baseball bat factory.

JLL sources $11 million loan for Totowa data center

Russo Development has secured $11 million in financing for a single-tenant data center in Totowa, in a newly completed transaction by JLL.

March of Dimes honors Johnson, raises $375,000 (SLIDESHOW)

More than 200 members of New Jersey’s commercial real estate sector turned out to honor Christopher Johnson of Hollister Construction Services, raising more than $375,000 for an annual event hosted by the March of Dimes North Central New Jersey.

Russo, Forsgate close on Meadowlands site slated for 3 million sq. ft. industrial park

Russo Development and Forsgate Industrial Partners have completed their purchase of a 718-acre tract in Bergen County, paving the way for more than 3 million square feet of new high-end industrial space in the heart of the Meadowlands.

Developers eye summer groundbreaking for redevelopment of ex-Record site in Hackensack

A joint venture’s plan to redevelop the former home of The Record in Hackensack is moving forward, under a plan that calls for 650 apartments and retail space along the Hackensack River.

Russo inks leases with Chipotle, Panera at mixed-use Union project

Two well-known quick service restaurants have signed on to Russo Development’s new mixed-use project in Union, where the first retailers and residents are expected to arrive this summer.

Wilcox, Thrivent close $170 million in loans for New Jersey apartment and industrial deals

G.S. Wilcox & Co. is touting $170 million in recent loan activity with one of its correspondent lenders, including $100 million for two northern New Jersey apartment developers.

Russo starts construction at mixed-use project near Garwood train station

Russo Development has nearly completed demolition of a large industrial complex in Garwood, allowing it to begin construction at a new mixed-use project with nearly 370 apartments.

Russo, Dinallo debut loft-style rentals at historic Verona flag factory

Russo Development and Dinallo Construction Corp. have completed their rehabilitation of a onetime flag factory in Verona, delivering 52 new loft-style apartments alongside a newly built, 60-unit sister building next door.

C&W: Sale of factory site clears way for next rental project in Kearny

Russo Development has completed its acquisition of a former industrial site in Kearny that will allow it to extend its multifamily pipeline in the town, brokers with Cushman & Wakefield said.