Commercial Real Estate Direct Staff Report PGIM Real Estate has provided a $63.5 million loan against Totowa Commerce Center, a 10-building industrial park with 448,224 square feet in the northern New Jersey borough of Totowa. The property is owned by ...
Nuveen Real Estate has provided $44 million of mortgage financing against the 160-unit Delford apartment property at 120 West Passaic St. in Rochelle Park, N.J. The property, across from the Westfield Garden State Plaza shopping mall and near the Garden ...
Scale Lending has provided $75 million of bridge financing to fund the completion and lease-up of the 294-unit apartment property at 110 Bergen Turnpike in Little Ferry, N.J. The property is being developed by Capodagli Property Co. of Linden, N.J. ...
Roi-NJ.com DSV Global Transport and Logistics has signed a lease for the 355,000-square-foot industrial building at 300 Salt Meadow Road in Carteret, N.J. The property is a part of Crow Holdings at Carteret, a 1.2 million-sf industrial complex. DSV, the ...
Commercial Observer A venture of DRA Advisors and Crown Acquisitions has paid $36.8 million, or $239.75/sf, for the 153,494-square-foot Paramus Plaza retail property in northern New Jersey. The venture purchased the property, at 545 Route 17 South in Paramus, N.J., ...
Real Estate NJ Truist Bank has provided a $25 million loan against the 353,000-square-foot industrial property at 415 Hamburg Turnpike in Wayne, N.J. The property has been owned by The STRO Cos. of Ridgewood, N.J., for more than 30 years. ...
NJBiz PCCP has provided $60.8 million of financing for the construction a 420,000-square-foot industrial property at 861 Sloan Ave. in Hamilton, N.J. The property, on a 48-acre site just off Interstate 295 and next to a New Jersey Transit station, ...
The property was sold to a buyer that couldn't be identified immediately. The property, a block from the Riverside Square Mall and next to Hackensack Avenue, along which commuter buses run to Manhattan, is 96 percent leased.
The venture bought the property from REEP-MF Mount Laurel NJ LLC, an entity affiliated with New York Life Insurance Co., which had acquired the 25-year-old property in 2017 for $60.2 million. The Mount Laurel property, which is 21 miles east ...
Hines Interests has paid $221.5 million, or $542,892/unit, for a pair of neighboring apartment properties with 408 units in Jersey City, N.J. The Houston developer bought the properties, the Lenox and Quinn, at 207 and 197 Van Vorst St., respectively, ...
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