City: Newark

Commercial Observer Blackstone 360 has secured $33 million of construction financing for the Allure 260 apartment project at 260 South Harrison St. in East Orange, N.J. Amboy Bank provided the construction loan, which Avison Young arranged. Blackstone, a Newark, N.J., ...

NJBIZ Oak Street Real Estate Capital has paid $26.75 million, or $397/sf, for the 67,449-square-foot shopping center at 245 Littleton Road in Morris Plains, N.J. The Chicago investment manager bought the property from JDA Development Co. of West Hartford, Conn. ...

Commercial Real Estate Direct Staff Report Mack-Cali Realty Corp. has agreed to pay $61.5 million, or $226/sf, for the office property at 99 Wood Ave. South in Iselin, N.J. The Jersey City, N.J., REIT is buying the 272,000-square-foot building from ...

Real Estate NJ Jonathan Rose Cos. has sold the 360-unit St. Mary's Villa residential property in Newark, N.J., for $47.5 million, or $131,944/unit. An entity identified as Paces St. Mary's bought the age-restricted, affordable-housing property at 425 Sanford Ave. SVN ...

Real Estate NJ Refrig-It Warehouse has signed a lease for 140,000 square feet at the newly constructed 290,000-sf Portside Distribution Center at 233-287 Miller St. in Newark, N.J. A venture of Penwood Real Estate Investment Management and Penford Group owns ...

Real Estate NJ Jonathan Rose Cos. has lined up a $92 million debt and equity package against an affordable-housing complex at 301 Irvine Turner Blvd. in Newark, N.J. KeyBank provided $64 million in financing under the U.S. Department of Housing ...

NJ Advance Media The Newark, N.J., City Council has approved $2 billion in tax incentives to convince Amazon.com to open its second headquarters in that city. Council approved three ordinances that would allow any corporate headquarters that creates 30,000 jobs ...

NJ Advance Media Borale Development is planning to start construction next year on a 370-unit residential property in Newark, N.J. The project, at 777 McCarter Highway, is a short walk from Newark Penn Station and three blocks from Prudential Center, ...

Commercial Observer New York Community Bank has provided $46 million of financing against the 224-unit Lena apartment property in Raritan, N.J. The five-year loan, with a 3.75 percent coupon, was arranged by Meridian Capital Group. The property is owned by ...