Journal Square Project Secures $120M Construction Loan
Yesterday, SCALE Lending announced that it closed on a $120 million construction loan for a Journal Square multi-family development.
Hoboken-Based Maridian Properties Signs 16 New Businesses Despite Pandemic
16 new businesses will open and 10 existing businesses re-signed leases, signaling continued growth and job opportunities.
Elizabeth Warehouse Sells for $29.7 Million
The 200,000-square-foot property last sold less than two years ago.
CBRE Arranges Sale of Bio-Med HQ in Florham Park for $46.6M
Celularity, Inc.'s state-of-the-art headquarters, lab, and manufacturing facility was sold to JLL for $46.6 million. CBRE represented the seller and procured the buyer.
Jersey City Development Site Sells for $25.5M
Earlier this week, CBRE announced the sale of a multi-family development site in Jersey City for $25.5 million.
UPS Opening an 880,000-Square-Foot Distribution Center in Bayonne
UPS will build its facility along 150 waterfront acres at the Military Ocean Terminal in Bayonne and bring 1,000 jobs to the area.
Police Investigate Tire Thieves Terrorizing Residents of West Orange, Problem is Statewide
The bandits are targeting Honda Accords that are parked overnight in parking lots.
Newark Symphony Hall Establishes Black-Led Investment Committee
The 95-year-old venue forms seven-member, volunteer-based body with Black executives from Goldman Sachs, Facebook, and AllianceBernstein.
Tech-Savvy Real Estate Brokerage COMPASS Comes to NJ
The VIP Team, led by top local broker Edward Verdel, has teamed up with Compass to help push their New Jersey expansion and create a presence in the local Hudson & Bergen County markets.
Atlantic City Announces Trump Plaza Implosion Date
The shuttered casino will be imploded early next year and the cleanup of the 10-acre waterfront site is slated to wrap up by June 2021.
