City: Newark
Logistics Firm to Lease 410,000 SF at 2 Warehouses in Newark, Calif.
Commercial Property Executive RK Logistics Group has leased two warehouses totaling 410,000 square feet in Newark, Calif. The Fremont, Calif., logistics company will fully occupy the 269,000-sf Mowry Business Center, at 6753 Mowry Ave., as well as the entire Morton ...
Owner of N.J. Hotel Considers Deed-In-Lieu of Foreclosure
Hartz Mountain Industries is considering handing its 358-room Sheraton Lincoln Harbor Hotel in Weehawken, N.J., over to its lenders in a deed-in-lieu of foreclosure. The 29-year-old hotel, at 500 Harbor Blvd., along the Hudson River and next to a pier ...
Piedmont Quits New Jersey; Sells 3 Last Properties in State for $130Mln
Commercial Real Estate Direct Staff Report Piedmont Office Realty Trust Inc. has sold its final three properties in New Jersey, with a combined 721,972 square feet, for $130 million, or $180/sf. The portfolio consists of the 125,239-sf building at 600 ...
Clifton, N.J., Self-Storage Facility Trades for $24Mln
Real Estate NJ Columbia Storage Group has paid $24 million, or $25,946/unit, for the 925-unit self-storage facility at 10 Kingsland Road in Clifton, N.J., about 15 miles northwest of Manhattan. The Florham Park, N.J., company bought the property from Tulfra ...
Investors Bank Lends $34Mln Against North Haledon, N.J., Apartment Project
Investors Bank has provided $34 million of construction financing against the 180-unit Mountain View Estates apartment project at 920 Belmont Ave. in North Haledon, N.J. A venture of Tulfra Real Estate of Rochelle Park, N.J., and the Hampshire Cos. of ...
Venture Gets $48.8Mln Construction Loan for Hackensack, N.J., Apartment Project
A venture of Russo Development, the Hampshire Cos. and Fourth Edition Inc. has received $48.8 million of construction financing for the 271-unit Print House by Vermella apartment project at 150 River St. in Hackensack, N.J. JLL Capital Markets arranged the ...
8000 and 8100 Jarvis Ave.
Newark Tech Park is 98 percent leased.
35750 Bettencourt St.
The Meadows
S3 Capital Lends $44Mln for N.J. Residential Condos
S3 Capital Partners has provided $44 million of construction financing for the development of 1300 Manhattan Ave., a 55-unit residential condominium project in Union City, N.J. The property is being developed by National Realty Investment Advisors, or NRIA LLC of ...
Northern N.J. Apartments Sell for $35.25Mln
A venture of Stolar Capital, Vertical Realty Capital and EverWest Real Estate Investors has paid $35.25 million, or nearly $298,730/unit, for the 118-unit Chatham Village apartments in Chatham Township, N.J. Stolar is a Hoboken, N.J., investment manager that pursues value-add ...
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