Tag : JLL

JLL arranges $220M financing, equity for downtown Manhattan office-to-apartment conversion
Debt & Equity

JLL arranges $220M financing, equity for downtown Manhattan office-to-apartment conversion

REW
by REW7837
JLL arranges $220M financing, preferred equity for downtown Manhattan office-to-apartment conversion JLL’s Capital Markets group announced today that it has secured $220 million in financing and advised on the procurement and structuring of the equity for the conversion of 55 Broad St., a 30-story office tower located in New York...
Developer meeting life science demand as next phase of historic Roebling redevelopment gets under way
Construction & DesignFeatured

Developer meeting life science demand as next phase of historic Roebling redevelopment gets under way

REW
by REW4508
Hx2 Development and JLL announced that work is underway on the next phase of the 7.1-acre mixed-use Roebling Center, a five-building community of offices, residential lofts and amenities rising from the bones of the historic Roebling wireworks in the Chambersburg neighborhood of Trenton, N.J. Building 114 is a 100,000-square-foot facility...
Northbridge Capital Sees Leasing Momentum Continue at Rebranded Suburban Office Building
Deals & DealmakersFeatured

Northbridge Capital Sees Leasing Momentum Continue at Rebranded Suburban Office Building

REW
by REW3136
JLL announced that leasing momentum continues at The Mark, a recently repositioned Class-A, seven-story, 237,087-square-foot office building at 100 Enterprise Dr. in Rockaway, driven by the continued flight-to-quality trend driving the New Jersey office market. The real estate services firm arranged three new office leases at the property, where owner...
Birch Group Reaches 90% Occupancy at 700 Alexander Park in Princeton
Deals & DealmakersFeatured

Birch Group Reaches 90% Occupancy at 700 Alexander Park in Princeton

REW
by REW1521
The Birch Group and JLL announced a series of leasing transactions at 700 Alexander Park in Princeton, N.J., bringing the 72,000-square-foot Class A office property close to 90 percent occupancy.  Lingraphica, a medical devices company offering aphasia and online speech therapy, signed a long-term lease for 9,000 square feet of...
Residential

Renowned Plastic Surgeon to Open New Facility at Renovated NJ Office Property

REW
by REW5332
JLL has announced continued leasing momentum at 160 Summit Ave., a 32,000-square-feet office building situated at the heart of a growing medical hub in Montvale, N.J. Rubinstein Plastic Surgery Center, LLC, a cosmetic surgery practice, medical spa and aesthetic training site led by Dr Ran Rubinstein, signed a long-term lease...
Procida Funding Sells New Jersey Medical Office Building 
Deals & Dealmakers

Procida Funding Sells New Jersey Medical Office Building 

REW
by REW3433
JLL announced the sale of a 15,000-square-foot Class A, medical office building at 146 Rt. 17 in Hackensack, New Jersey. JLL represented the seller, Procida Funding & Advisors, LLC. Jaime Zimmel, of Zimmel Associates, represented the undisclosed purchaser. The sale price was $3.7 million. Situated on Route 17 near Interstate...
Princeton Class A office building trades for $12.7M
Deals & Dealmakers

Princeton Class A office building trades for $12.7M

REW
by REW2544
JLL Capital Markets announced today that it has closed the $12.7 million sale of 150 College Rd. West, a Class A office building in Princeton, New Jersey. JLL represented the seller, Nessel Development, in the sale of the property to New Jersey-based Strategic Funding Alternatives, LLC (SFA).  JLL’s Investment Sales and Advisory team advised...
JLL arranges $350M capitalization for the construction of trophy residential tower in Long Island City
Residential

JLL arranges $350M capitalization for the construction of trophy residential tower in Long Island City

REW
by REW3303
JLL’s Capital Markets group announced today that it has arranged a $350 million debt and equity capitalization for the development of The Italic, a to-be-built, 363-unit, luxury mixed-use community located at 26-32 Jackson Ave. in Long Island City. The property will include 283,000 square feet of residential space and 10,000...
Marx Realty Signs Teladoc Health at 10 Grand Central
Deals & Dealmakers

Marx Realty Signs Teladoc Health at 10 Grand Central

REW
by REW4161
Marx Realty (MNPP), a New York-based owner, developer and manager of office, retail and multifamily property across the United States, announced Teladoc Health has signed a long-term, 7,000-square-foot lease at 10 Grand Central’s 16th floor. “We are delighted to have Teladoc join the prestigious and diverse tenant roster at 10 Grand Central,” said Craig...