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.
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.
HFF has arranged $12.2 million in construction financing for developers to reposition a light industrial building into a 1,246-unit self-storage facility in Totowa, the firm announced.
Officials in Clifton have recognized the developers and designers behind transforming a 50-year-old commercial building in the city into a 204,000-square-foot e-commerce and distribution facility.
A decade after acquiring a grocery-anchored shopping center in Naples, Florida, The Hampshire Cos. has sold the 85,078-square-foot investment property.
The Hampshire Cos. has sold a 10-year-old, single-tenant retail building just outside Albany, New York, the Morristown-based real estate firm said Wednesday.
New Jersey City University marked two milestones — the opening of a new student housing complex and the start of a nearby development that will bring new market-rate apartments and retailers to the area.
The west side of Jersey City is poised for a major transformation, thanks to a set of development projects that are planned for more than 20 acres around New Jersey City University.