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CBRE/Melody has arranged $35 million in financing for the acquisition of a two-building office property in Fairfield, N.J.The fixed-rate loan was provided by an undisclosed lender.The financing was provided to Sterling American Property Inc. for its $42.5 million buy of ...
An affiliate of Garden Homes and Garden Commercial Properties has purchased the former Johnson & Johnson Campus, a 1.2 million-square-foot office and industrial park, in New Brunswick, N.J.The Kendall Park, N.J., affiliate operates as North Brunswick TOD Associates. The seller ...
Mack-Cali Realty Corp. has paid $21 million for a class-A office property at 395 W. Passaic St. in Rochelle Park, N.J.The Cranford, N.J., REIT purchased the property from M. Alfieri Co., a private real estate firm headquartered in Metropark, N.J.The ...
Sterling American Property Inc. has paid $42.75 million for 695 and 710 Route 46, a two-building office complex with 258,657 square feet in Fairfield, N.J.The opportunistic investor, which is based in New York, acquired the property from an affiliate of ...
Onyx Equities has purchased 303 Corporate Center, a 69,640-square-foot office complex in Freehold, N.J.The Woodbridge, N.J., real estate firm purchased the two-building property from a private investor. A purchase price was not disclosed, but properties in Northern New Jersey are ...
Cushman & Wakefield brokered the $57.6 million sale of the Versailles at Aberdeen Station, a 290-unit apartment complex in Aberdeen, N.J.Avalon Bay Communities purchased the property for its AvalonBay Value Added Fund LP from BlackRock.The property was constructed in 2002 ...
Onyx Equities has paid $52.5 million for 30 Montgomery St., a 292,000-square-foot office building in Jersey City, N.J. The Woodbridge, N.J., firm purchased the building from a joint venture between Denholtz Associates and Jerold Zaro. The 15-story office building is ...
A 100,000-square-foot office property in Morris County, N.J., has changed hands for $13.65 million.The property, 25-35 Airport Road in Morristown, was sold to M. Alfieri Co., an Edison, N.J., property owner, by Allegiance Realty Corp. The sale was handled by ...
Rreef Funds has paid $80 million, about $227/sf, for Essex Green, a 351,000-square-foot retail property in West Orange, N.J.The San Francisco investment adviser purchased Essex Green from an affiliate of Principal Global Investors, which had acquired it in 2002 for ...
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