Avalair Group has paid $14.75 million, or $163.87/sf, for the 90,008-square-foot office property at 100 Tormee Drive in Tinton Falls, N.J. The Lakewood, N.J., investor acquired the property from Rockford Holdings of Cedarhurst, N.Y., in a deal arranged by JLL ...
Paramus Plaza, which is 13 miles northwest of Manhattan, is fully leased and anchored by Hobby Lobby. Other tenants include Marshalls, Skechers and Chipotle. Progress Capital arranged the financing.
Real Estate NJ Unilever has signed to take 111,000 square feet of space at Waterfront Corporate Center I, the 557,639-sf office property at 111 River St. in Hoboken, N.J. The property, owned by SJP Properties of New York, is part ...
The Real Deal Fortress Investment Group and Rithm Capital have provided $415 million of financing to redevelop the Monmouth Mall in Eatontown, N.J., into a mixed-use complex. The property is being redeveloped by Kushner Cos. of New York, which had acquired ...
Namdar Group, which is developing a 588-unit apartment property at 35 Cottage St. in the Journal Square area of Jersey City, N.J., has lined up $152 million of financing for it. A senior chunk of the financing was provided by ...
Commercial Real Estate Direct Staff Report Silverstone Properties has paid $23 million for a portfolio of three garden-style apartment properties with 208 units in the Philadelphia suburb of Gloucester Township, N.J. The Lakewood, N.J., investor, launched in 2018 by Matt ...
The two buildings are in Jersey City's Paulus Hook area, at the southern end of Jersey City's Hudson waterfront area, putting them near the Grove Street and Exchange Place PATH stations, which provide access to Manhattan. The area also is ...
Thor Equities Group has paid $25.6 million, or $142.22/sf, for the 180,000-square-foot industrial property at 1370 Imperial Way in West Deptford, N.J. The New York investor acquired the property from BHRS Group of Lakewood, N.J. It last changed hands in ...
Dora's Naturals has paid $31 million, or $295.24/sf, for the 105,000-square-foot industrial property at 210 West Commercial Ave. in Moonachie, N.J. The distributor of food and beverages bought the property from Beauty Plus, a synthetic hair product manufacturer.
Commercial Real Estate Direct Staff Report Laurel Corporate Center, a five-building office property with 560,147 square feet in the Philadelphia suburb of Mount Laurel, N.J., has had its appraised value reduced to $49.6 million. The latest appraisal, highlighted in a ...
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