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EAST RUTHERFORD, NJ—In one of its best years in more than a decade, New Jersey's roaring demand for industrial space continued vacuuming availability out of the market in 2015, according to Jones Lang LaSalle's analysis of leasing trends.
EDISON, NJ—A restructured lease agreement will keep environmental engineering company Weston Solutions in the class A flex building it has occupied in the Federal Business Center in Raritan Center at 205 Campus Drive in Edison, NJ for 15 years.
PHILADELPHIA, PA—Iselin-based Meridian Capital Group negotiated an $88 million permanent loan to refinance the leasehold interest in Dranoff Properties' The Left Bank mixed-use property in Philadelphia, PA.
SECAUCUS, NJ—A retail shopping center at 55 Hartz Way, located on the corner of Secaucus Road and Hartz Way, in Secaucus, NJ, was sold in a transaction valued at $11.5 million.
PHILADELPHIA—Philadelphia's North Broad Corridor, one of the hottest redevelopment sites in Center City, can help "connect the dots" of redevelopment more broadly between the Center City area and the Temple University complex in North Philadelphia, Eric Blumenfeld, founder and principal, EB Realty Management Corp., tells GlobeSt.com exclusively.
NEWARK, NJ—This year will be "a positive year for the real estate industry," in Newark and northern New Jersey, according to Miles Berger, chairman and CEO of the Berger Organization. And, in an exclusive interview with GlobeSt.com, he predicts it may even include a new casino.
BRISTOL, PA—The Kislak Company has brokered the $6.5 million sale of Croydon Station Apartments, a 92-unit apartment complex in Bristol, PA, the first time the property had been on the market since it was built in 1968.
ISELIN, NJ—NGKF Capital Markets has brokered the sale of a $46.7 million non-performing commercial mortgage loan collateralized by 499 Thornall Street in Iselin, NJ. The property is a 260,120 square-foot, class A office building in Metropark Corporate Campus II, one of New Jersey's most sought-after submarkets.
OLD TAPPAN, NJ—NorthMarq Capital's New Jersey based regional office secured $12 million in permanent financing for the Bi-State Plaza Shopping Center, an 88,000 square-foot grocery-anchored shopping center in the affluent community of Old Tappan, NJ.
LAWRENCEVILLE, NJ—Prism Capital Partners has sold Princeton Pike Corporate Center in Lawrenceville to Lenox Drive Office Park, not quite three years after Prism acquired the eight-building, 800,000-square-foot, class A asset in a joint venture with Angelo, Gordon & Co.
From Placer.ai
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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.
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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