With several high-profile redevelopment projects taking shape at the Fort Monmouth property, state officials are seeking buyers for two additional parcels at the former U.S. Army post.
The developer of a 44-unit apartment building in Brick has landed a $10 million loan for the project, under a transaction arranged by Progress Capital.
A New York-based investor has acquired a two-building, 132,272-square-foot office complex in Tinton Falls, in a $14.25 million sale arranged by The Kislak Co. Inc.
Progress Capital Advisors has brokered more than $4 million in financing for the developer of a seven-unit luxury residential complex in the South Bronx, the Tinton Falls-based firm said.
Real estate and technology industry professionals turned out late last month for a tour of an 89,000-square-foot research complex on Fort Monmouth, where state officials hope to spur the creation of a new campus focused on innovation.
The state’s largest hospital system is set to expand at a Monmouth County office building, following a nearly 115,000-square-foot lease arranged by Newmark Knight Frank.