Team Resources has announced the sales of two North Jersey industrial buildings, including a former manufacturing complex that is now slated for mixed-use redevelopment.
Brokers with CBRE Group Inc. have been hired to market four separate industrial properties totaling more than 500,000 square feet in northern and central New Jersey.
Sitex Group has acquired two industrial properties totaling 180,000 square feet in Totowa, adding to its portfolio of infill warehouses and distribution centers in North Jersey.
A lighting company is growing its footprint with the signing of a new 90,000-square-foot lease in Passaic County with Sitex Group, the property owner said Tuesday.
HFF has brokered a $9.5 million loan to help a developer refinance and complete its redevelopment of a Totowa industrial building, the firm announced Thursday.
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.
A buyer has paid $11 million to acquire a pharmaceutical manufacturing building in Totowa, where it now plans to retrofit the space into a warehouse and storage facility.
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.
