The developer of a 152-unit luxury apartment complex in Newark’s University Heights neighborhood has sold the property for $36.5 million, according to brokers with CBRE.
Restaurants have remained especially active among retail tenants, fueling nearly two dozen leases since the start of the pandemic at properties served by Levin Management Corp.
An affiliate of Goldman Sachs and Madison Marquette have acquired one of Newark’s newest retail properties — a fully occupied, grocery-anchored shopping center on Springfield Avenue.
A health care provider is bringing its brand of urban medical clinics to New Jersey, choosing a recently opened development in Newark for its first location in the state.
A new apartment building that has drawn renters from Newark’s health care and education sectors is now 80 percent leased, a mark that its developer says is validation of an emerging neighborhood in the city.
