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JERSEY CITY-Investment giant said to have serious conversations with city officials about a companion building to its 1.2 million-sf giant, currently under construction. The targeted site is currently zoned for 600,000 sf.
HOBOKEN, NJ-The luxury property, being built in two phases, will add a total of 145 units to an increasingly tight Hudson River waterfront residential market. Manhattan Building Co. has received a loan package for it from KeyBank.
WEST ORANGE, NJ-The numbers relating to New Jersey's economic prowess are staggering, according to an NAIOP panel, and the year 2001 doesn't figure to bring any bad news.
PARAMUS, NJ-In the latest deal, the 175,000-sf structure goes for $22.1 million, moving from the CS First Boston/Praedium Stable into the hands of a local joint venture between S. Hekemian Caspar and Bergman Real Estate Group.
WEST ORANGE, NJ-The numbers relating to New Jersey's economic prowess are staggering, according to an NAIOP panel, and the year 2001 doesn't figure to bring any bad news.
HACKENSACK, NJ-The banker, which is in the late stages of being acquired by Fleet Bank, follows the latter's lead by divesting its corporate trust arm. Bank of New York is the buyer.
PARSIPPANY, NJ-The renowned jeweler is adding 90,000 sf to its existing facility, which houses offices, a data center and distribution. SJP Properties is doing the build-to-suit project, which includes a parking garage.
WASHINGTON TWP., NJ-Developers had their sights set on the tract, but the county used more than $420,000 in grant and other money to take the property out of circulation.
JERSEY CITY-A 60,000-sf building has joined the ranks of converted properties, having been reborn from industrial to office with a high-tech infrastructure. With 12,000-sf floorplates, the Kay Organization property is available for single or multi-tenant use.
ROCKAWAY TWP., NJ-Facilities totaling 77,000 sf will be available for lease, but Congress has to approve any use. Repositioning of the four government-owned buildings raises questions about the rest of the 6,500-acre complex.