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
State: New Jersey -NJ
CDPQ Lends $331Mln for 924-Unit Apartment Property in Jersey City, N.J.
CDPQ has provided $331 million of financing for the development of a 924-unit apartment property at 50 Hudson St. in Jersey City, N.J. The 40-story building, next to a PATH subway station, providing access to Manhattan, is being developed by ...
Central N.J. Retail Property Changes Hands for $44Mln
LJL Realty has paid $44 million, or $231.57/sf, for Hazlet Town Center, the 190,000-square-foot shopping center in Hazlet, N.J. The Hackensack, N.J., investor acquired the property from Onyx Equities of Woodbridge, N.J., which had purchased it in 2016, when it was ...
Taconic Pays $74.3Mln for N.J. Industrial Property
Taconic Partners has paid $74.3 million, or $202.45/sf, for the 367,000-square-foot industrial property at 1735 Jersey Ave. in North Brunswick, N.J. The New York investor bought the property from Saadia Group of New York and funded its purchase with a ...
Toms River, N.J., Apartments Sell for $59Mln; Dwight Mortgage Trust Lends $50Mln
Commercial Observer The 331-unit Silverwoods apartment property in Toms River, N.J., has changed hands for $59 million, or $178,247/unit. The property, at 1700 Route 37 West, was purchased by Mathias Deutsch and Isidore Bleir, a pair of Lakewood, N.J., investors ...
Logistics Company Takes 1Mln SF at N.J. Industrial Property
REBusiness Online Logistics Plus Inc. has leased 1 million square feet at the 1.22 million-sf Millstone 8 Logistics Center industrial property in the central New Jersey township of Millstone. The fully leased property is owned by a venture of Crow ...
Hudson Bay Lends $335Mln Against 3 Jersey City, N.J., Apartment Properties
Commercial Observer Hudson Bay Capital Management has provided $335 million of financing against three apartment properties with 833 units in Jersey City, N.J., that are owned by Namdar Group. The financing was arranged by Newmark. The three properties are the ...
Thor Equities Puts Net-Leased Life-Sciences Building in Warren, N.J., on Sales Block
Thor Equities, which five years ago had paid $27.1 million for the life-sciences building at 7 Powder Horn Drive in the northern New Jersey township of Warren, has put the 181,210-square-foot property up for sale.
Princeton South Corporate Center
The 267,426-square-foot Princeton South Corporate Center office property in Ewing Township, N.J., is close to being sold. A sale would resolve what had been a defaulted $44.23 million CMBS loan against the property, at 100 and 200 Charles Ewing Blvd., ...
500 Plaza Drive
The building, which was renovated in 2015, is 71.5% occupied with tenants subject to leases with a weighted average 8.2 years remaining on their agreements. Signature actually paid less than $51.76 million as it received an $11.3 million credit to ...
Central N.J. Office Property Nears Sale, Resolving Troubled CMBS Loan
Commercial Real Estate Direct Staff Report The 267,426-square-foot Princeton South Corporate Center office property in Ewing Township, N.J., is close to being sold. A sale would resolve what had been a defaulted $44.23 million CMBS loan against the property, at ...
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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.
