Residential & Mixed Use
CBRE inks $37 million sale of six-year-old Newark apartment building

The developer of a 152-unit luxury apartment complex in Newark’s University Heights neighborhood has sold the property for $36.5 million, according to brokers with CBRE.

Finance & Capital Markets
New York Life inks $135 million loan for mixed-use Fort Lee project

New York Life Insurance Co. has originated $135 million in financing for Hudson Lights, the two-year-old residential and retail property near the George Washington Bridge in Fort Lee.

Health Care & Education
NAI Hanson: Medical chain expands into Newark

A health care provider is bringing its brand of urban medical clinics to New Jersey, choosing a recently opened development in Newark for its first location in the state.

Residential & Mixed Use
SJP launches leasing at second Fort Lee residential tower

SJP Properties is set to open its second 47-story residential tower at the foot of the George Washington Bridge, as it nears the completion of a high-profile redevelopment project in Fort Lee.

Residential & Mixed Use
Hudson Lights reaches 75 percent leased milestone in Fort Lee

The residential portion of a mixed-use project in Fort Lee is now three-quarters leased, its developers said, touting the milestone less than a year after opening the 276-unit property.

Event Coverage
Panel: Redevelopment coming in all shapes and sizes in Bergen County

From downtown Fort Lee to the idyllic suburbs of Montvale and Park Ridge, Bergen County has become a focal point for New Jersey’s evolving commercial real estate landscape. Many of those changes were on display during a recent conference known as the New Jersey Gold Coast North and Bergen County CRE Summit.

Retail
Falafel chain coming to mixed-use Hudson Lights project in Fort Lee

A regional falafel chain has joined the tenant mix at Hudson Lights, the 1 million-square-foot residential, retail and entertainment complex near the George Washington Bridge in Fort Lee.

Residential & Mixed Use
Newark rental project hits leasing milestone, Tucker says

A new apartment building that has drawn renters from Newark’s health care and education sectors is now 80 percent leased, a mark that its developer says is validation of an emerging neighborhood in the city.

Residential & Mixed Use
Health care, higher ed fuel leasing at Newark rental project

A focus on “eds and meds” has been a key ingredient in many urban success stories. For 24 Jones, one of the newest residential developments in Newark, the early returns show that to be part of a winning formula.

Residential & Mixed Use
Apartments at Fort Lee’s Hudson Lights open for leasing

Tucker Development is officially seeking tenants for the first residential phase of Hudson Lights, a mixed-use, 1 million-square-foot project that has helped transform downtown Fort Lee.