Developer opens 69-unit Somerville project, hails early leasing success

Sterling Properties has officially opened its new residential building near downtown Somerville, where it has quickly leased nearly half of its 69 luxury apartments.

Leasing underway at new 69-unit rental building in Somerville

Sterling Properties has launched leasing at its new 69-unit, luxury apartment building in downtown Somerville.

Marcus: Somerville retail, medical building trades for $3.8 million

A two-building, 20,700-square-foot retail and medical office complex in Somerville has changed hands for nearly $3.8 million, brokers with Marcus & Millichap announced.

Developer set to unveil 69-unit luxury rental project in downtown Somerville

A developer is nearing completion of a new upscale rental building in downtown Somerville, the latest among several projects that are slated for the Somerset County borough.

Paramount inks lease in Somerville with custard, yogurt chain

A frozen custard chain has opened its doors in downtown Somerville, under an 800-square-foot lease with property owner Paramount Assets.

Somerville retail property trades for $2.3 million, Marcus says

A private investor has sold a 13,000-square-foot retail property in downtown Somerville, according to brokers with Marcus & Millichap who arranged the deal.

Investors Bank touts $68 million in loans for New Jersey multifamily properties

Investors Bank has closed on several loans to support New Jersey multifamily properties in recent months, part of more than $300 million in new lending activity for region.

Developer secures $15 million loan for Somerville rental project, Meridian says

Meridian Capital Group has brokered $15 million in financing for the development of a new 60-unit luxury rental property in downtown Somerville.

New Jersey Future announces 2018 Smart Growth Award winners

The nonprofit New Jersey Future will honor major redevelopments in Hoboken, Orange and Trenton, as well as former Gov. James Florio, as part of its annual Smart Growth Awards celebration in early June.

Manufacturer inks 16,000 sq. ft. lease in Somerville, BRC says

A maker of architectural moldings has leased 16,000 square feet at a Somerville industrial building, brokers with Bussel Realty Corp. said recently.