Deugen Development has secured a $30.8 million loan to acquire an office property in Parsippany, New Jersey, and replace it with an industrial facility.
Dallas-based Centennial will now be handling the leasing and management of the Paramus Park mall in New Jersey, expanding its assignments in the Garden State.
A veteran of Unibail-Rodamco-Westfield has been named general manager of Rockaway Townsquare, a mall in Northern New Jersey owned by Simon Property Group.
A sprawling 1,400-acre resort in North Jersey has been acquired by private equity firm South Street Partners, adding to its portfolio of hospitality properties.
Tommy Ciccarone joined Avison Young’s Philadelphia office as a principal. He will grow the firm’s market presence and expand its brokerage and advisory services throughout Chester County, Pennsylvania, and the Philadelphia suburbs, the company said.
Hotel REIT seeks OK to sell U.S. properties: Canada's American Hotel Income Properties REIT is asking shareholders to give its board the flexibility to move quickly on potential sales of its U.S. properties. That includes assets tied to a $65.2 million commercial mortgage-backed securities loan split across two deals — JPMDB 2017-C7 and BMARK 2018-B1 — with several of those properties trading in recent weeks.
Shoppers looking to buy FIFA World Cup merchandise Sunday at New Jersey’s American Dream likely caught a break after a judge delayed ruling on whether the megamall is violating local blue laws.
A complex anchored by an AMC Theatre multiplex in North Jersey has traded hands for $13.75 million as entertainment becomes a bigger driver in the retail sector.
After several years of steady rent gains, the Lakewood‑New Brunswick apartment market in New Jersey briefly lost momentum late last year but is showing signs of renewed pricing power as supply pressures ease.
Cooper University Health Care plans to build a $300 million multispecialty outpatient campus in South Jersey, expanding the reach of its advanced services across the area.
After a supply-driven slump last year, Trenton, New Jersey’s apartment market is rebounding as the construction pipeline thins, easing pressure on rents and allowing demand to push prices back up.
The new ownership of Veris Residential has tapped a firm to manage the 15 multifamily properties, totaling more than 6,000 apartments, that came with the $3.5 billion acquisition.
The New York Knicks and San Antonio Spurs meet this week in the NBA Championship Finals. While they share winning seasons in common, off the court the home cities of these storied professional basketball teams are two very different real estate markets.
Samsung Electronics America is relocating its headquarters to Texas from New Jersey just eight months after moving into its new Garden State facility with much fanfare, reigniting criticism that the area's high corporate taxes and red tape are driving away businesses.
Four Point Holdings acquired The Franklin, a 52-unit multifamily property at 8 Tice Road in Franklin Lakes, New Jersey, from Adoni Property Group and a private individual for $29 million.