New Jersey

WESTFIELD, NJ—Holliday Fenoglio Fowler arranged $17.435 million in construction financing for 333 Central Avenue, a 70-unit, class A multi-housing development in downtown Westfield, NJ.

EAST BRUNSWICK, NJ—CW Solutions has names Stacey Colfer a senior right-of-way project manager. Colfer joins the team at the fast-growing company as it continues to expand its scope of services.

JERSEY CITY, NJ—The KABR Group and Kushner Companies have purchased the iconic 124-134 Bay Street, known as Warren at Bay, located in the Powerhouse Arts District of Jersey City, just blocks from the waterfront and the Grove Street PATH transit station.

NORTH PLAINFIELD, NJ—Retail real estate services firm Levin Management has executed more than half a million square feet of new leases, renewals and expansions during the past 12 months, according to Matthew K. Harding, Levin's president.

JERSEY CITY, NJ—Gramercy Property Trust has sold 70 & 90 Hudson Street, twin class A office buildings on the Jersey City waterfront to Spear Street Capital for $299 million. The combined buildings total 858,000 square feet, making it the largest New Jersey office deal this year.

UNION CITY/JERSEY CITY, NJ–Hudson County's multifamily properties are primed for rent growth and property appreciation that continues to outpace Northern New Jersey's six other apartment submarkets, according to Nicholas Nicolaou, senior vice president at Gebroe-Hammer Associates. The Hudson County market specialist, who recently arranged three separate trades totaling 148 units sold for $19.3 million in Union City and Jersey City, links optimal property performance and area gentrification to enduring investment activity.