Office
Developer acquires 240,000 sq. ft. Trenton office tower, eyes conversion to multifamily

The buyer of a 240,000-square-foot office building in downtown Trenton has secured a $4.5 million acquisition loan, in a deal arranged by Maverick Commercial Mortgage Inc.

Industrial
Fennelly named leasing agent for 27,000 sq. ft. Trenton industrial building

The owner of more than 27,000 square feet of industrial space in Trenton has tapped Fennelly Associates to market the property for lease, the real estate services firm announced.

Office
Hx2, JLL detail plans for 100,000 sq. ft. life sciences facility at Trenton’s Roebling Center

A developer has unveiled its plan for a 100,000-square-foot life sciences facility in Trenton as part of its ongoing adaptive reuse of the historic Roebling Center factory complex.

Government & Public Policy
RPM lands $29 million Aspire tax credit for redevelopment of historic Trenton property

A plan to bring 120 new apartments to a historic property in Trenton is moving ahead with the help of more than $29 million in tax credits under the state’s Aspire program.

Residential & Mixed Use
Study projects demand for 1,300 new housing units in downtown Trenton over next five years

Housing demand in Trenton is on the rise, according to a recent market study, creating a need for nearly 1,300 new residential units in the downtown over the next five years.

Government & Public Policy
Evans, key Trenton business leader, outlines goals as new chair of downtown association

A top executive with Greater Trenton, the nonprofit economic development organization in the city, has taken the reins as board chair of the Trenton Downtown Association.

Industrial
Survival products maker inks $1.8 million sale-leaseback in Trenton, NAI Fennelly says

A company that makes survival products has sold its Trenton manufacturing facility for $1.8 million, in a sale-leaseback deal announced Thursday by NAI Fennelly.

Residential & Mixed Use
Metropolitan America sells 160 apartments in Trenton for $21 million, CBRE says

An apartment owner has sold a combined 160 units in Trenton for a total of $20.5 million, in a set of newly announced transactions by CBRE.

Government & Public Policy
Right at home: NJAA moves to Trenton, with advocacy looming ever larger after COVID crisis

The New Jersey Apartment Association has changed its address, but there’s nothing unfamiliar about its new home in Trenton. The organization and its in-house team, previously based in Middlesex County, have long been a key voice in state politics and policymaking, advocating on behalf of a membership that owns and manages some 230,000 rental units.

Industrial
Trenton industrial complex fetches $5.6 million, NAI Fennelly says

A seller has reaped $5.6 million in the trade a four-building, 75,097-square-foot industrial complex in Trenton, in a newly announced deal by NAI Fennelly.