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ENGLEWOOD CLIFFS, NJ—Billy Procida, president of Procida Funding & Advisors, says DonaldTrump should focus on a message of “Build, build, build,” in the Republican Debates tonight. Procida shared some of his thoughts in an exclusive audio interview with GlobeSt.com this afternoon.
ELIZABETH, NJ—CBRE arranged the sale of the former site of the Elizabeth General Hospital in Elizabeth, NJ. The 350,000-square-foot former hospital spans a five-acre block and includes a parking structure with more than 500 spaces. The buyer, whose identity was not disclosed, plans to redevelop the property into a multifamily and retail complex.
WARWICK, PA—Guardian Academy and Indoor Range is planning the largest indoor gun range in the Northeast, when it expands the 8,750-square-foot office/flex building in Warwick, PA, it acquired for an undisclosed sum.
BASKING RIDGE, NJ—Rubenstein Partners has tapped Wells Fargo to arrange refinancing for 211 Mount Airy Road in Basking Ridge, NJ, a 305,000-square-foot class A office property. Rubenstein and its partner Onyx Equities recently leased back 62,000 square feet to the previous owner, telecommunications company Avaya.
JONESTOWN, PA—Warehousing companies continue moving into Central Pennsylvania to feed the needs of an evolving logistics business. PCCP and Dermody Properties are building a class A, 405,000-square-foot distribution center on spec in Jonestown, Lebanon County, PA.
PARSIPPANY, NJ—Stockbridge Capital Group has sold its Halsey Corporate Center to Boxer Property in a transaction brokered by Holliday Fenoglio Fowler.
ROXBURY, NJ—A joint venture of Advance Realty, DeBartolo Development and Invesco has acquired the Ledgewood Mall in Roxbury, NJ, with plans to upgrade the retail center.
EDISON, NJ—Mack-Cali Realty Corporation says it leased 918,992 square feet at its office and office/flex commercial real estate properties in Northern and Central New Jersey during the second quarter. Portfolio-wide, Mack-Cali leased 1,377,100 square feet of space during the quarter.
KING OF PRUSSIA, PA—Roseview-PMRG Fund I has acquired 211 South Gulph Road, in King of Prussia, PA, for $21 million, and plans about $1 million in improvements.
HOLMDEL TOWNSHIP, NJ—Somerset's redevelopment of the historic Bell Laboratories site is moving forward, with the first tenant, a technology company, taking up residence in halls once prowled by Nobel Prize winners. Learn more in our exclusive video tour.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource