New Jersey

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

Industrial Leasing Activity New Jersey Northeast

Resource Realty Negotiates 45,048 SF Industrial Lease in Hackettstown, New Jersey

by Taylor Williams January 29, 2026

HACKETTSTOWN, N.J. — Resource Realty of Northern New Jersey has negotiated a 45,048-square-foot industrial lease in Hackettstown, about 50 miles west of New York City. According to LoopNet Inc., the building at 715 Willow Grove St. was completed in 2008 and totals 75,502 square feet. Brian Wilson of Resource Realty represented the landlord in the lease negotiations. KBC Advisors represented the tenant. Both parties requested anonymity.

January 29, 2026

206-Logistics-Center-Pemberton-New-Jersey

Development Industrial New Jersey Northeast

Rockefeller Group to Develop 486,850 SF Industrial Project in Pemberton, New Jersey

by Taylor Williams January 28, 2026

PEMBERTON, N.J. — New York City-based Rockefeller Group will develop a 486,850-square-foot industrial project in Pemberton, located about 35 miles east of Philadelphia. The site spans 100 acres at 2554 U.S. Route 206, and the two-building development will be known as 206 Logistics Center. Building features will include clear heights of 36 to 40 feet, ESFR sprinkler systems and “ample” trailer parking. A construction timeline was not announced. Jonathan Klear and Fred Meyer of NAI Mertz represented Rockefeller Group in its acquisition of the land. NAI Mertz has also been retained to market the project for lease, sale and/or build-to-suit opportunities.

January 28, 2026

Development Industrial New Jersey Northeast

Hillwood Breaks Ground on Spec Industrial Project in Hamilton, New Jersey

by Taylor Williams January 27, 2026

HAMILTON, N.J. — Texas-based developer Hillwood has broken ground on a speculative industrial project in Hamilton, located outside of Trenton in Central New Jersey. The square footage was not disclosed. The 36-acre site at 2772 Kuser Road is located less than two miles from Exit 7A off the New Jersey Turnpike, and the building will feature a clear height of 36 feet. Completion is slated for the third quarter. Cushman & Wakefield has been named as the leasing agent.

January 27, 2026

Acquisitions Multifamily New Jersey Northeast

BlueGate, JLL Arrange Sale of 194-Unit Apartment Complex in Fort Lee, New Jersey

by Taylor Williams January 26, 2026

FORT LEE, N.J. — Regional brokerage firm BlueGate Partners and JLL have co-arranged the sale of Twenty50, a 194-unit apartment complex in the Northern New Jersey community of Fort Lee. Built in 2013, the 12-story building houses one- and two-bedroom units with an average size of 896 square feet. Amenities include a pool, coworking space, library, fitness center, lounge and outdoor grilling and dining stations. Mark DeLillo, Marc Schulder and Lee Spiegleman of BlueGate collaborated with JLL’s Jose Cruz, Steve Simonelli, Mike Oliver and Elizabeth DeVesty to broker the deal. The buyer and seller were not disclosed.

January 26, 2026

Loans New Jersey Northeast Office

CBRE Arranges $58M Loan for Refinancing of Office Complex in Short Hills, New Jersey

by Taylor Williams January 23, 2026

SHORT HILLS, N.J. — CBRE has arranged a $58 million loan for the refinancing of a two-building, 320,000-square-foot office complex in Short Hills, about 25 miles west of New York City. The property, which was 95 percent leased at the time of sale, offers amenities such as a fitness center with a yoga and meditation room, cafeteria and shuttle service to nearby public transit lines. Brad Zampa and Mike Walker of CBRE arranged the five-year, floating-rate loan on behalf of the owner, Columbia Pacific Advisors. An undisclosed, East Coast-based institutional real estate lender provided the funds.

January 23, 2026

Newer Posts

Older Posts