MRC lends Jersey developer $258M to build new homes
Madison Realty Capital (MRC) closed a $258 million loan facility for an 1161-unit multifamily development portfolio owned by Jack Klugmann’s Accurate Builders and Developers of
Tag : New Jersey
Ecommerce company leases 500,000 sf warehouse in New Jeresy
A rising ecommerce startup has leased half-a-million square feet of distribution center space next to State Island to from the largest industrial REIT in the
Who’s News: JLL taps Leviton in Long Island, Steptoe hires new lawyer
JLL has hired David Leviton as managing director and market leader of its Long Island office. His responsibilities will include building on JLL’s market share
Ralph Lauren nabs $33M break in New Jersey
Ralph Lauren Corporation has signed a full-building lease at Prism Capital Partners’ ON3, becoming the latest tenant to commit at the 116-acre campus in Nutley.
Biopharmaceutical company adds 90,000 s/f to New Jersey space
National Realty & Development Corp. (NRDC) announced PTC Therapeutics, Inc. has extended their lease for 90,000 square feet at its corporate headquarters and research and
SELLING POINTS: Cushman & Wakefield markets Little Neck temple
● CUSHMAN & WAKEFIELD Temple selling Little Neck site Cushman & Wakefield has been retained to arrange the sale of 54-27 Little Neck Parkway, a
NRDC leases 51K s/f at NJ shopping center
National Realty & Development Corp. (NRDC), has announced that 51,400 square feet has been collectively leased at four of its New Jersey shopping centers. Dollar
Selling Points: Philly complex sells for $32M, NoMad hits market at $27M
● GEBROE-HAMMER ASSOCIATES Philly multifamily complex sells for $32 million In the Metro Philadelphia apartment submarket, where the vacancy rate remains below the Northeast average,
Report: Industrial market in NJ continues hot streak in Q2
The New Jersey market continued to exhibit tremendous strength with leasing velocity of 5.9 million sq. ft., a 23.2 percent increase year-over-year according to CBRE’s
Gebroe-Hammer arranges $327M portfolio sale in NJ
Gebroe-Hammer Associates has arranged the sale of 118 buildings in New Jersey, totaling more than $327 million. The package of multifamily buildings was comprised of