Developers break ground in Hackensack, eyeing transformation of ex-Record site

A development team has completed the foundation for a luxury residential project in Hackensack, paving the way for a first phase that will include more than 270 apartments.

Joint venture lands $49 million loan for luxury rental project in Hackensack, JLL says

A development group has secured a nearly $49 million construction loan for a 271-unit luxury apartment building in Hackensack, under a newly announced transaction by JLL.

Hampshire lists retail, self-storage REIT on Singapore exchange

The Hampshire Cos. has announced the listing of a real estate investment trust on the Singapore Exchange, with a portfolio that spans 3.2 million square feet of retail and self-storage space.

SIOR NJ showcases largest 2019 deals at recent awards ceremony

The Society of Industrial and Office Realtors’ New Jersey chapter hosted its annual largest deal awards on Feb. 27, highlighting some of the Garden State’s top transactions of 2019.

Morristown’s transformation set to continue with new office, residential projects

Morristown has become one of New Jersey’s premier transit-oriented areas situated within a unique urban/suburban setting. Morristown’s 24/7 vibrant downtown is defined by its walkable and rapidly growing retail and residential developments. The heart of the commercial corridor surrounds the Morristown Green, a two-and-a-half-acre park that is bordered by upscale housing, office towers along with many restaurants and shopping options, attracting a high concentration of millennials.

Avison Young marks completion of Glen Ridge medical office building

Avison Young is touting the completion of a new medical office building in Essex County, following a recent unveiling by a development team and health care leaders.

Renovation, expansion underway at boutique Morristown office building, C&W says

The Hampshire Cos. has launched a renovation and expansion of an office building in downtown Morristown, tapping Cushman & Wakefield as its leasing agent for the property.

Hampshire, Circle Squared debut Essex medical office building alongside hospital leaders

A new medical office building has opened its doors in suburban Essex County, allowing for the expansion of services at the adjacent Mountainside Medical Center and cementing a new investment opportunity for the development team behind the project.

Normandy closes on Jersey City, Hackensack projects under Opportunity Zone fund

Normandy Real Estate Partners has closed on two transactions under the federal Opportunity Zone program, as it touts a milestone in its effort to raise $250 million for such investments.

JLL inks $32 million refi for Hampshire-owned shopping center in Lyndhurst

The Hampshire Cos. has secured a $32 million loan to refinance a fully leased, grocery-anchored retail center in Lyndhurst, under a newly completed transaction by JLL.