First Mile Properties has paid $56 million, or $194.86/sf, for a 287,392-square-foot office property in Paramus, N.J. The affiliate of developer Crown Acquisitions Inc. of New York bought the property, at 61 South Paramus Road, from a venture of DRA ...
Commercial Observer First Mile Properties has paid $56 million, or $194.86/sf, for a 287,392-square-foot office property in Paramus, N.J. The affiliate of developer Crown Acquisitions Inc. of New York bought the property, at 61 South Paramus Road, from a venture ...
The Real Deal The Paramus, N.J., Planning Board has approved a proposal from an affiliate of Russo Development to build a 360-unit apartment property next to the Paramus Park shopping mall. The Carlstadt, N.J., developer will construct the property at ...
Commercial Real Estate Direct Staff Report Unibail-Rodamco-Westfield has refinanced the $525 million of mortgage debt against its 2.06 million-square-foot Garden State Plaza shopping mall in the northern New Jersey borough of Paramus. The Paris developer, which owns the property in ...
Urban Edge Properties has lined up a $290 million loan against the Bergen Town Center shopping mall in Paramus, N.J. New York Life Insurance Co. and MetLife Investment Management provided the mortgage, which pays a fixed rate and comes with ...
Commercial Real Estate Direct Staff Report The $300 million CMBS loan against the Bergen Town Center shopping mall in northern New Jersey has transferred to special servicer KeyBank because it's expected to default at its maturity next month. The loan ...
Unibail-Rodamco-Westfield has launched an effort to redevelop its 2.2 million-square-foot Westfield Garden State Plaza shopping mall in Paramus, N.J. It has bought in Mill Creek Residential of Boca Raton, Fla., as co-developer to develop a mix of 550 apartment units, ...
STRO Cos. has paid $23.95 million for a 15.8-acre development parcel along Route 17 in Paramus, N.J. The Ridgewood, N.J., developer, part of the Millstein family office, bought the site, commonly referred to as the Route 17 Gateway Parcel, from ...
Real Estate NJ JLL is marketing for sale the 53,494-sqaure-foot Paramus Plaza in Paramus, N.J. The brokerage expects the retail property to sell for about $48 million, or $897.30/sf. The owner was not identified. Paramus Plaza, at 545 Route 17 ...
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