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HOBOKEN, NJ-Tarragon Realty Investors, based across the Hudson in New York, will team with local development groups for the two separate projects. Plans have been approved for the first and were recently submitted for the second.
ATLANTIC CITY, NJ-Park Place has put the brakes on a 1,000-room hotel tower and a 3,000-car parking garage in the wake of Gov. McGreevey's plan to hike casino taxes.
EDISON, NJ-Home Essentials & Beyond, which sells its products through catalogs and online, will use the New York Times Co.-owned building for warehousing and distribution.
CLINTON, NJ-The permanent funding was obtained by an affiliate of National Realty & Development in a transaction arranged by Cronheim Mortgage. The complex totals 256,000 sf and is co-anchored by a ShopRite supermarket.
FLORHAM PARK, NJ-The 15 separate deals in recent weeks, arranged by Trammell Crow Co. brokers, are headed by a 204,000-sf distribution center renewal by Staples.
PARAMUS, NJ-The signings, both industrial leases, include Cambridge Silversmiths, which more than doubled its headquarters operations to 106,800 sf. Both transactions involve properties in Northern New Jersey.
EDISON, NJ-The NAI James E. Hanson organization has gotten the leasing exclusive for the QW Realty-owned asset, which includes just under 5,000 sf of office space.
CRANBURY, NJ-In a market overloaded with vacancies, the developer is counting on the lack of office space in a submarket much better known for its big box industrial deals to make it work.
WEST ORANGE, NJ-According to a NJ-NAIOP group, offices may be ready to turn upward, industrial is going downhill, retail is holding its own and multifamily residential is the beacon of light in a dismal economy.
WEST ORANGE, NJ-The two separate properties, sold as part of a 1031 tax-free exchange, total more than 100,000 sf and are currently fully occupied. Newmark Associates arranged the deal.