David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Morristown
340 Mount Kemble Ave.
The property, on a 40-acre site with parking for 1,721 vehicles, is 94.5 percent leased to three tenants: First Citizens Bank & Trust, Morgan Stanley, and Zelis Healthcare, whose leases roll in 2036 and 2038. The company funded its purchase ...
Retail Property in Morristown, N.J., Sells for $15Mln
Winfield Properties has paid $15 million, or $300.16/sf, for the 49,974-square-foot Shops at 40 Park retail property in Morristown, N.J. The Jersey City, N.J., investor acquired the property from a venture of Global Real Estate Investment Advisor, Veris Residential and ...
$66Mln Loan Against Morristown, N.J., Office Goes to Special Servicing; Fitch Downgrades CMBS Deal
Commercial Real Estate Direct Staff Report The $66 million CMBS loan against APX Morristown, a 486,742-square-foot office complex in the New York suburb of Morristown, N.J., has transferred to special servicer 3650 REIT because it's expected to default. The loan ...
Morristown Plaza
The two-building property is 92 percent leased and offers a fitness center, café and conference facilities.
260,000-SF Office Project Kicks Off in Morristown, N.J.
REBusiness Online A venture of SJP Properties and Scotto Properties has begun work on M Station West, a 260,000-square-foot office project in Morristown, N.J. The two-building complex that's being built in the northern New Jersey community is expected to be ...
Greystone Writes $97.7Mln Fannie Mae Loan for N.J. Apartments
Commercial Observer Greystone has provided $97.7 million of financing to facilitate Pomeranc Group's purchase of the 465-unit Mountain View Crossing apartment property in Wayne, N.J., from UBS Realty Investors. The five-year loan was arranged by Cushman & Wakefield. The property, ...
Morristown, N.J., Office Complex Fetches $21.5Mln
REBusiness Online Pentaurus Properties has acquired Morristown Plaza, a 122,103-square-foot office complex in Morristown, N.J., for $21.5 million, or about $176.08/sf. The Silverman Group sold the property, which sits on 3.9 acres at 161-163 Madison Ave., in a deal brokered ...
1 Cory Road
The property, which has an alternate address of 268 Martin Luther King Ave., was constructed in 1986 on a 17-acre site. It is fully leased. The 1 Cory Road property had been owned by the Opper Group of Elmwood Park, ...
Taconic, Nuveen Pay $55Mln for Morristown, N.J., Distribution Property
A venture of Taconic Partners and Nuveen Real Estate has paid $55 million, or $186/sf, for the 296,000-square-foot distribution facility at 1 Cory Road in Morristown, N.J., which is just more than 30 miles west of Manhattan. The property, which ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
