Rent collections for Mack-Cali Realty Corp.’s office and residential holdings have held strong thus far, as the company works with tenants to navigate the COVID-19 economic crisis.
Investors Bank has closed on a $30 million loan to refinance a nearly 400,000-square-foot office park in Bloomfield, the largest among several newly announced transactions.
Dun & Bradstreet is expanding a partnership with a commercial real estate data and software provider, with a focus on bringing further clarity to the vast network of available industry data.
Investors Bank inked nearly $2.5 billion in commercial real estate loans in 2018, including $385 million in volume across 19 transactions to close out the year.
Commercial real estate faces no shortage of disruptive forces, a panel of industry leaders told NAIOP New Jersey last week, citing everything from ridesharing services and automation to changing corporate and consumer preferences.
Hollister Construction Services has taken the wraps off a new build-out at a Short Hills office building, where a co-working and office space provider has taken 16,000 square feet.
Investors Bank has inked a $36 million loan for a 144,000-square-foot warehouse in Elizabeth, the largest among 10 recent closings announced by the lender.
Mack-Cali Realty Corp. has completed a sweeping overhaul of its key suburban office portfolio, following more than $50 million in redesigns and renovations at buildings in the Parsippany, Short Hills, Metropark and Red Bank submarkets.
The Blau & Berg Co. has more than doubled the size of its sales team over the past five years alongside a major increase in revenue — growth that has been guided largely by its family roots and a feeling of shared responsibility.