New Jersey

Property upgrades and redevelopments bolstered average asking rents to new highs.

Located in the southeast area of the UNCW campus, the development's first phase is scheduled to service students for the Fall 2020 semester and will deliver 1,038 beds in a pod-style configuration for first-year students.

New Jersey's largest transit hub office complex is now under ownership by a single joint venture, which has plans for a significant repositioning of the Gateway Retail Concourse.

The properties will be remediated and returned to commerce, as HRP plans a second life for both sites as warehouse distribution hubs.

Kevin Coleman has joined WCRE as EVP and chief sales officer. He comes from Keller Williams Commercial.

SVN Affordable says it targeted "a specific type of buyer" and structured the transaction with a creative capital stack at market pricing that was compelling for the seller.

“This is the 4th hotel Hunter sold for Rockwood in 2018," says Teague Hunter, Hunter's president. "Its institutional-quality portfolio and sophisticated business style allowed the deal to move seamlessly through closing.”

The New York State Thruway Authority issued a traffic advisory warning motorists of heavy traffic delays in connection with the demolition that is scheduled to begin at 9: 30 a.m. on Jan. 12.