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New Jersey’s original leading source for commercial real estate news focusing on northern, central and southern Jersey locales covering analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.

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    Waypoint says the six projects involve more than $325 million in new investment.

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    New Jersey-Based Real Estate Firm Acquires Southeast Multifamily Portfolio

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    The portfolio that changed hands included seven properties in Alabama; five properties in Pensacola, FL; three properties across Tennessee and one 200-unit property in Pascagoula, MS; one 203-unit property in Winston-Salem, NC and one 223-unit property in Houston.

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    NJEDA Expands Incentive Program Supporting Businesses, Jobs in 13 Downtown Commercial Corridors 

    Steve Lubetkin |

    The expanded incentive program will include Bridgeton, Jersey City, Millville, Mt. Holly, Phillipsburg, Plainfield, Salem, and Vineland.

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    Ricoh USA Commits to 56K SF at 2 Gatehall in Parsippany, NJ

    Steve Lubetkin |

    Onsite amenities include a state-of-the-art fitness center with all-new training equipment and a private yoga studio, adjacent to new locker facilities.

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    Duke Starting 662K SF Spec Bulk Warehouse in Newark, NJ

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    The 661,741-square-foot building, to be delivered in Newark before year-end, will provide modern bulk warehouse space with superior proximity, accessibility, flexibility and visibility.

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    Hampshire-Harrison Street JV to Develop Self-Storage Facilities from Boston to DC

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    The Hampshire Companies and Harrison Street say they plan to announce several additional self-storage development projects in the coming months in the aforementioned Boston to Washington, DC corridor

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    Latest Gebroe-Hammer North Jersey Portfolio Sale: $75 Million/487 Units

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    The portfolio could yield market-rate rent appreciation and value-add opportunities through modest-to-extensive capital improvements, says Gebroe-Hammer's Nicolaou.

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    Investors Bank CRE Loan Volume Reached Almost $2.5B During 2018

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    Investors Bank's largest single CRE loan, which was completed at the end of 2018, was a $42 million transaction to refinance the commercial mortgages on 27 retail properties in multiple locations.

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    Veteran Manager Violette Brings 9M SF of NJ/PA Property to Lee & Associates

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    With David Violette's arrival, Lee & Associates New Jersey now manages more than 11 million square feet of New Jersey and Pennsylvania property.

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