New Jersey

JLL Arranges $47.5M Loan for Refinancing of Central New Jersey Apartments

by Taylor Williams February 11, 2026

SAYREVILLE, N.J. — JLL has arranged a $47.5 million loan for the refinancing of Camelot West at Townelake, a 176-unit, newly constructed apartment complex in the Central New Jesey community of Sayreville. Camelot West at Townelake comprises seven residential buildings that house one-, two- and three-bedroom units, as well as a clubhouse and leasing office. The average unit size is 1,153 square feet. Amenities include a pool, fitness center, coffee bar, grilling stations, a playground and a dog park. Michael Klein, Jim Cadranell and John Cumming of JLL arranged the five-year, fixed-rate loan through an undisclosed regional bank on behalf of the borrower, Kaplan Cos.

February 11, 2026

Development Industrial New Jersey Northeast

Seagis Begins Vertical Construction on 53,315 SF Warehouse in Kearny, New Jersey

by Taylor Williams February 10, 2026

KEARNY, N.J. — Metro Philadelphia-based developer Seagis Property Group has begun vertical construction on a 53,315-square-foot industrial project in the Northern New Jersey community of Kearny. The fully secured warehouse at 500 Belleville Turnpike will feature a clear height of 36 feet, seven dock doors, two drive-in doors, 55 parking spaces and approximately 6,000 square feet of outdoor storage space. Construction is slated for a summer completion.

February 10, 2026

Crow-Holdings-at-6A-Burlington-New-Jersey

Development Industrial New Jersey Northeast

Crow Holdings Completes 294,000 SF Industrial Project in Burlington, New Jersey

by Taylor Williams February 9, 2026

BURLINGTON, N.J. — Crow Holdings Development has completed a 294,000-square-foot industrial project in the Southern New Jersey community of Burlington. Known as Crow Holdings at 6A in reference to the nearest turnpike exit, the building features a clear height of 36 feet, 24 dock doors and parking for 75 cars and 19 trailers Crow Holdings at 6A was delivered roughly 50 percent preleased to GMB North America, a subsidiary of global auto parts manufacturer GMB. NAI Mertz and Cushman & Wakefield are co-marketing the remainder of the space for lease.

February 9, 2026

Arsenal-Trade-Center-Sayreville-New-Jersey

Industrial Leasing Activity New Jersey Northeast

Essex Food Ingredients Signs 100,500 SF Industrial Lease in Sayreville, New Jersey

by Taylor Williams February 9, 2026

SAYREVILLE, N.J. — Essex Food Ingredients has signed a 100,500-square-foot industrial lease in Sayreville, located in Central New Jersey. The space is located within Building 1 at Arsenal Trade Center, a three-building, 1.1 million-square-foot development by Trammell Crow Co. and CBRE Investment Management. Mindy Lissner, Mark Zaziski and Pat Decker of Cushman & Wakefield represented the tenant in the lease negotiations. Tom Monahan, Larry Schiffinhaus and Brian Golden of CBRE represented ownership. Essex took occupancy in January.

February 9, 2026

Loans Multifamily New Jersey Northeast

JLL Arranges $72M Loan for Refinancing of Jersey City Apartment Complex

by Taylor Williams February 5, 2026

JERSEY CITY, N.J. — JLL has arranged a $72 million loan for the refinancing of The Hazel, a 201-unit apartment complex in Jersey City. The Hazel was developed in two phases, with Phase I comprising 114 units that were delivered in early 2022 and Phase II consisting of 87 units that were completed in late 2024. The Hazel offers studio, one- and two-bedroom floor plans with an average size of 747 square feet, with 11 units set aside as affordable housing. Amenities include a sky lounge, rooftop pool, fitness center and coworking space, and the property also houses 9,588 square feet of commercial space. Thomas Didio, Thomas Didio Jr., Michael Mataras and Tyler Caricato of JLL arranged the five-year, fixed-rate loan through Truist Bank. The borrower is a partnership between two local developers, Alpine Residential and Fields Grade.

February 5, 2026

Loans Multifamily New Jersey Northeast

Cushman & Wakefield Arranges $85.5M Agency Loan for Refinancing of Northern New Jersey Apartments

by Taylor Williams February 4, 2026

FORT LEE, N.J. — Cushman & Wakefield has arranged an $85.5 million Fannie Mae loan for the refinancing of FIAT House, a 309-unit apartment complex in the Northern New Jersey community of Fort Lee. The newly constructed property consists of two buildings that rise 12 and 13 stories and house one- and two-bedroom units. Amenities include a golf simulator and cinema room, a landscaped rooftop deck with cabanas and fire pits, a library, a gym, coworking areas and private offices. John Alascio, Chuck Kohaut and Chris Meloni of Cushman & Wakefield arranged the 10-year loan through Greystone on behalf of the owner.

February 4, 2026

Development Industrial New Jersey Northeast

REDCOM Breaks Ground on 56,170 SF Industrial Project in Marlboro, New Jersey

by Taylor Williams February 4, 2026

MARLBORO, N.J. — REDCOM Design & Construction has broken ground on a 56,170-square-foot industrial project in the Northern New Jersey community of Marlboro. The building at 156 Boundary Road is a build-to-suit for owner-occupier 3PL Center, which provides logistics services, and will include four office spaces. A tentative completion date was not announced.

February 4, 2026

Island-Waterpark-at-Showboat-Atlantic-City

Loans New Jersey Northeast Restaurant Retail

PLG Provides $45.5M C-PACE Loan for Atlantic City Entertainment Venue

by Taylor Williams February 3, 2026

ATLANTIC CITY, N.J. — PACE Loan Group (PLG) has provided a $45.5 million C-PACE (Commercial Property Assessed Clean Energy) loan for Island Waterpark at Showboat, a 120,000-square-foot entertainment venue in Atlantic City. The venue opened in summer 2023 via conversion of a surface parking lot at the adjacent Showboat Resort and includes 10 waterslides, a multi-level children’s play structure, lazy river, four restaurants and three bars. The borrower, Bart Blatstein of Philadelphia-based Tower Investments Inc., will use a portion of the proceeds to pay down existing construction debt on the property.

February 3, 2026

Industrial Leasing Activity New Jersey Northeast

Resource Realty Arranges 30,131 SF Industrial Lease in Rockaway, New Jersey

by Taylor Williams February 3, 2026

ROCKAWAY, N.J. — Resource Realty of Northern New Jersey has arranged a 30,131-square-foot industrial lease in Rockaway, about 35 miles west of New York City. According to LoopNet Inc., the building at 400 Forge Way was completed in 1986 and totals 73,131 square feet. Brian Wilson and Scott Peck of Resource Realty represented the landlord in the lease negotiations. The name and representative of the tenant were not disclosed.

February 3, 2026

Industrial Leasing Activity New Jersey Northeast

Resource Realty Secures 37,168 SF Industrial Lease in Hackettstown, New Jersey

by Taylor Williams January 30, 2026

HACKETTSTOWN, N.J. — Resource Realty of Northern New Jersey has secured a 37,168-square-foot industrial lease in Hackettstown, about 50 miles west of New York City. According to LoopNet Inc., the building at 101 Bilby Road was completed in 1990 and totals 65,000 square feet. Brian Wilson of Resource Realty represented the landlord in the lease negotiations. KBC Advisors represented the tenant. Both parties requested anonymity.

January 30, 2026

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