LIVINGSTON, NJ—Spring fever – often associated with the month of May – seems to be hitting the multifamily market, according to Gebroe-Hammer Associates, which says it closed six separate sales in four days.
New Jersey Headlines
EAST RUTHERFORD, NJ—The New Jersey chapter of NAIOP recognized Jones Lang LaSalle’s New Jersey office with awards two deals, one in health sciences and one industrial, that the firm handled.
MOUNT OLIVE, NJ—Commercial Realty Group paid $27.125 million to acquire 350 Clark Drive, a 446,076-square-foot industrial and office building in the Morris County community of Mount Olive, New Jersey from North Jersey Development Group.
Franklin, NJ—Denholtz Associates has acquired and will take over environmental remediation of 655 Howard Avenue in Franklin, NJ, the 74,325 -square-foot former manufacturing home of Acme Tube.
More New Jersey Headlines
- Advance Realty Brings Aboard Jared Minatelli as Director of Asset Management
- Young Lawyers Group in NJ State Bar Association Honor Giantomasi
- Bergman Group Will Redevelop, Reposition 1099 Wall Street West in Lyndhurst, NJ
- Advertising and PR Agency DDCworks Relocates to Philadelphia’s Historic Cast Iron Building
- KABR Sells Monmouth County Office Property to the Torsiello Organization
- Accommodating the Retail Anchor Evolution
- Transwestern: Surveying GenX-ers, ‘Neglected Middle Child’ In The Workplace
- Two Raritan Center Industrial Assets Trade for $25 Million
AUSTIN, TX—Cushman & Wakefield and Oxford Commercial have cemented a long-term partnership, capped off with the announcement of a formal acquisition.
ROUND ROCK, TX—Remaining land parcels are clipping along at a rapid pace within the 328-acre La Frontera mixed-use project.
AUSTIN, TX—The city ranks in the top five with projections showing retail rents rising at an annual rate of 4.3% for the next three years and vacancies declining, making it enticing for retail investors.
More National Headlines
- Florida Company Acquires 14-story Tower in Denver Tech Center
- Regional Divides Remain in Retail Sector
- Turning to Tech to Predict Retail Tenant’s Needs, Target Deal Opps
- Steadfast Starting Up Another REIT
- Freddie Mac Launches K-Certificate Series Backed by Workforce Housing
- Apts.: ‘More of the Same’ or ‘Change’?
- Bond Market Turbulence Worries REITs
- Legal Issues Surrounding Life Sciences
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NEW YORK CITY—Hired as senior director of operations, the industry veteran has been in the business for three-and-a-half decades.
NEW YORK CITY—The sheer quantity of speculative development underway across major industrial markets “does warrant some caution,” says Colliers International. Yet there are strong arguments for all the new construction.
NEW YORK CITY—Following a lackluster first quarter for CMBS, May has seen “one of the most active issuance weeks in months” thanks to a $2.3-billion trio of conduit deals, according to Trepp.
NEW YORK CITY—Welltower CEO Thomas DeRosa tells GlobeSt.com why the aging of the population mandates a reassessment of the relationship between healthcare and real estate in part one of this EXCLUSIVE interview.