State: New Jersey -NJ

Commercial Real Estate Direct Staff Report Signature Acquisitions has paid $33 million, or $162.16/sf, for the 203,506-square-foot office building at 14 Sylvan Way in Parsippany, N.J. The Cranford, N.J., investment manager bought the three-story building, within the former Mack-Cali Business ...

National Life Group has provided a $15.4 million loan against the 40-unit Clair apartment property at 37 Orange Road in Montclair, N.J. The Montpelier, Vt., insurance company's loan has a five-year term and pays a fixed coupon. It was arranged ...

California investor Cobby Pourtavosi bought the Sheraton Lincoln Harbor Hotel in Weehawken, N.J., in a deal involving the assumption of a long-troubled CMBS loan that was written down to $65.5 million from $80 million.

Hyperion Group has formed a venture that has paid $165 million, or $525,377/unit, for the 314-unit Centre apartment property in the northern New Jersey borough of Cliffside Park. The Miami developer partnered with Lawrence Benenson of New York's Benenson Capital ...

The Real Deal Terreno Realty has sold the 603,000-square-foot industrial property at 130 Interstate Blvd. in South Brunswick, N.J., for $144 million, or $238.81/sf. The San Francisco REIT developed the property on a site it purchased in 2010 for $22.5 ...

Commercial Observer Invictus Real Estate Partners has provided $60 million of financing for the development of a 266-unit apartment property in the central New Jersey city of Plainfield. The property, at 401 East 3rd St., next to a commuter-rail station, ...

Turnbridge Equities has paid $23.75 million, or $166/sf, for the 143,280-square-foot industrial property at 138 Georges Road in Dayton, N.J. The New York investment manager bought the one-story building from an investor group led by New York investor Charles Tebele.