Industrial
Tulfra, Hampshire ink 204,000 sq. ft. lease at repositioned Clifton building

A joint venture has leased 204,000 square feet in Clifton to a well-known bakery business, in the completion of its effort to redevelop a 50-year-old manufacturing plant into new industrial space.

Residential & Mixed Use
Westfield apartment project is a milestone for developers, local officials

There is no doubting the appeal of a site that is less than a block from a train station and in the heart of downtown Westfield, one of New Jersey’s most acclaimed shopping districts. But if you ask executives with The Hampshire Cos., a good location isn’t a guarantee of success.

Finance & Capital Markets
Wilcox brokers 15-year loan for new Morristown office building

G.S. Wilcox & Co. has arranged $16.5 million in financing for a new 44,000-square-foot office building in Morristown developed by The Hampshire Cos., the mortgage banker said Monday.

Health Care & Education
HFF: NJCU rental project secures $32.5 million in financing

A new 163-unit multifamily property is rising at the campus of New Jersey City University with the help of a $32.5 million construction loan arranged by HFF, the brokerage firm said Thursday.

Residential & Mixed Use
For Westfield development team, a rare opportunity nears completion

The developers of the first modern, transit-oriented multifamily project in Westfield say they’re on track to open the doors of the 70-unit building by this spring. For the joint venture behind the luxury rental community, there’s no overstating the anticipation for delivering a project in one of the state’s most well-known, well-established downtowns.

Office
Law firm opens new 42K sq. ft. Morristown office building

Fox Rothschild has opened its sleek new office building in downtown Morristown, completing a long-awaited move that will raise the law firm’s profile in a vibrant business district.

Office
Tulfra sells office condo for $4.1 million

Tulfra Real Estate has sold a 27,000-square-foot office condominium in Totowa to the county of Passaic, the development and investment firm said Wednesday.

Industrial
Tulfra, Hampshire sell repositioned industrial building for $12M

A joint venture has sold a Springfield industrial building for $12 million, nearly a decade after acquiring the property and embarking on a series of upgrades that attracted new tenants.

Finance & Capital Markets
G.S. Wilcox brokers $44M in financing for developers

G.S. Wilcox & Co. has secured more than $44 million in financing tied to three recent transactions, including a $7 million loan for an industrial facility in Totowa.

Health Care & Education
Emerging leaders join Rutgers real estate executive committee

The co-chairs of an emerging leaders group at the Rutgers Center for Real Estate have joined the program’s executive committee.