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Landmark Cos. Acquires Northern New Jersey Apartment Complex for $35M

Taylor Williams — Fri, 01 May 2026 13:10:58 +0000

PISCATAWAY, N.J. — Landmark Cos. has acquired The Grove at Piscataway, a 110-unit apartment complex in Northern New Jersey, for $35 million. Built in 2020, the property consists of three residential buildings that house one- and two-bedroom units with an average size of 978 square feet, as well as a clubhouse building. Twenty percent (22) of the units are subject to income restrictions. Other amenities include a pool, outdoor grilling and dining stations, a fitness center, social lounge with billiards and coworking space. Mike Oliver, Jose Cruz, Steve Simonelli, Elizabeth DeVesty, Ryan Robertson and Austin Pierce of JLL represented Landmark in the transaction. The seller was not disclosed.

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Woodmont Industrial Sells 54,113 SF Building in Woodbridge, New Jersey

Taylor Williams — Thu, 30 Apr 2026 13:35:00 +0000

WOODBRIDGE, N.J. — Local owner-operator Woodmont Industrial Properties has sold a 54,113-square-foot building in Woodbridge, about 25 miles south of New York City. Delivered in 2023, the building at 51 New Brunswick Ave. features a clear height of 32 feet, seven exterior dock doors, one drive-in door and 2,300 square feet of office space and was fully leased at the time of sale of R.A.S. Logistics. Brian Schulz, Steven Beyda and Kevin Welsh of Newmark brokered the deal. The buyer was Sagard Real Estate.

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Dwight Capital Provides $110M HUD-Insured Loan for Refinancing of Newark Apartment Building

Taylor Williams — Tue, 28 Apr 2026 13:51:08 +0000

NEWARK, N.J. — New York City-based Dwight Capital has provided a $110 million HUD-insured loan for the refinancing of 55 Union, a 12-story apartment building in Newark’s historic Ironbound neighborhood. Designed by Minno & Wasko Architects & Planners and completed in 2023, 55 Union offers 403 units in studio, one- and two-bedroom floor plans, as well as 3,222 square feet of commercial space. Residences are furnished with stainless steel appliances, quartz countertops and individual washers and dryers. Amenities include a fitness center, business center, clubroom, coffee bar, private dining room, a rooftop garden and outdoor grilling and dining stations. Josh Hoffman and Jonathan Pomper of Dwight originated the debt through HUD’s 223(f) program on behalf of the borrower, J&L Cos.

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Barings Provides $86.2M in Financing for Industrial Property in Bayonne, New Jersey

Taylor Williams — Mon, 27 Apr 2026 14:16:48 +0000

BAYONNE, N.J. — Barings has provided $86.2 million in bridge financing for a 355,580-square-foot industrial property in the Northern New Jersey community of Bayonne. Bridge Point Bayonne was built in 2024 on a 17.6-acre site that is approximately 1.5 miles from the New Jersey Turnpike. Building features include a cross-dock configuration, clear height of 40 feet, 70 dock doors, four drive-in doors and parking for 213 cars and 56 trailers. Jon Mikula, Michael Klein, Michael Lachs and Kevin Badger of JLL arranged the floating-rate loan on behalf of the borrower, Kurv Industrial, the Chicago-based investment and development firm formerly known as Bridge Industrial.

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JLL Arranges $11.5M Acquisition Loan for Northern New Jersey Retail Project

Taylor Williams — Mon, 27 Apr 2026 13:58:14 +0000

CLIFTON, N.J. — JLL has arranged an $11.5 million acquisition loan for a retail project in the Northern New Jersey community of Clifton. The 4.3-acre site at 1030–1050 U.S. Route 46 formerly housed a vacant commercial building that is being redeveloped into a 48,535-square-foot, grocery-anchored retail center that is 80 percent preleased. Ryan Carroll, Nazario Paragano and Christian Badalamenti of JLL arranged the three-year, floating-rate loan through Fidelity Investments on behalf of the undisclosed borrower.

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Cushman & Wakefield Brokers $4.3M Sale of Medical Office Building in Westwood, New Jersey

Taylor Williams — Thu, 23 Apr 2026 13:15:21 +0000

WESTWOOD, N.J. — Cushman & Wakefield has brokered the $4.3 million sale of a 33,277-square-foot medical office building in the Northern New Jersey community of Westwood. According to LoopNet Inc., the three-story building at 400 Old Hook Road was originally constructed in 1987. Andrew Schwartz, Jordan Sobel, André Balthazard and Dan Bottiglieri of Cushman & Wakefield represented the seller in the transaction. Brian Anderson and Eddie Miro, also with Cushman & Wakefield, arranged acquisition financing on behalf of the buyer. Both parties requested anonymity.

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Colliers Brokers Sale of 160,000 SF Office Portfolio in Marlton, New Jersey

Taylor Williams — Wed, 22 Apr 2026 13:45:19 +0000

MARLTON, N.J. — Colliers has brokered the sale of a portfolio of six office buildings totaling approximately 160,000 square feet in the Southern New Jersey community of Marlton. The portfolio comprises two single-story buildings totaling 33,317 square feet at 1 and 3 Eves Drive, as well as Evesham Corporate Center, a 14.2-acre development that houses 133,822 square feet of office space across four buildings. The Eves Drive buildings were fully leased at the time of sale, while Evesham Corporate Center was roughly 65 percent leased at the time of sale. Jacklene Chesler, Patrick Norris and Brittany Leventoff of Colliers brokered the deal. The buyer and seller were not disclosed.

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Kislak Negotiates $8.8M Sale of Northern New Jersey Apartment Building

Taylor Williams — Tue, 21 Apr 2026 13:13:44 +0000

WOODCLIFF LAKE, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated the $8.8 million sale of a 14-unit apartment building in Woodcliff Lake, located near the New York-New Jersey border. The three-story building at 62 Broadway was completed in 2019 and includes five retail spaces. According to Apartments.com, the building houses one- and two-bedroom units that range in size from 755 to 1,150 square feet. Jason Pucci and Barry Waisbrod of Kislak represented the seller in the transaction, and Michael Todaro of Serhant Real Estate procured the buyer. Both parties requested anonymity.

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CBRE Provides $96M Agency Loan for Refinancing of Prospect Place Apartments in Hackensack

Taylor Williams — Mon, 20 Apr 2026 14:14:16 +0000

HACKENSACK, N.J. — CBRE has provided a $96 million Freddie Mac loan for the refinancing of Prospect Place, a 360-unit apartment complex in Hackensack. Prospect Place consists of two buildings: an 18-story tower with 157 units and a five-story midrise building with 203 apartments. Residences come in one- and two-bedroom floor plans. Amenities include an outdoor pool, fitness center, clubhouse, resident lounge, business center, courtyard and a billiards room. Judah Hammer, Jason Gaccione, Shawn Rosenthal, Jake Salkovitz and Lauren Weinstein of CBRE originated the financing on behalf of the owner, Khosla Capital.

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Devli Real Estate Buys 37,000 SF Industrial Building in Leonia, New Jersey

Taylor Williams — Mon, 20 Apr 2026 14:08:04 +0000

LEONIA, N.J. — New Jersey-based investment firm Devli Real Estate has purchased a 37,000-square-foot industrial building in Leonia, located in Bergen County. The building at 100 Leyland Drive features a clear height of 24 feet, four dock-high loading positions and two drive-in doors. David Aboudi of Aboudi Realty brokered the deal. The seller and sales price were not disclosed.

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Eastman Cos. Recapitalizes 385,000 SF Office Complex in Livingston, New Jersey

Taylor Williams — Thu, 16 Apr 2026 13:43:47 +0000

LIVINGSTON, N.J. — Locally based owner-operator Eastman Cos. has recapitalized The Eisenhower, a 385,000-square-foot office complex located in the Northern New Jersey community of Livingston. The recapitalization comprised $24.2 million in financing from Ladder Capital and approximately $14 million in additional equity. The Eisenhower sits on a 24-acre site and offers amenities such as a conference center with a 200-seat auditorium, a full-service cafeteria and a fitness center. David Bernhaut, John Alascio, Brad Domenico, Chuck Kohaut, Frank Stanislaski, Bill Baunach and Jack Subers of Cushman & Wakefield advised Eastman Cos. on the transaction.

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Garden Communities Completes Phase II of 520-Unit Apartment Community in Central New Jersey

Taylor Williams — Wed, 15 Apr 2026 13:33:02 +0000

EAST BRUNSWICK, N.J. — Locally based owner-operator Garden Communities has completed Phase II of Legacy Place, a 520-unit apartment community in East Brunswick, located roughly midway between Newark and Trenton. The site spans 25 acres, and the property offers studio, one-, two- and three-bedroom units, as well as townhome residences. Amenities include a pool, fitness center, entertainment lounge, outdoor grilling and dining stations, coworking space, a children’s playroom, bowling alleys and catering kitchens, as well as 18,000 square feet of retail space. Monthly rents start at $2,090 for a studio apartment. Phase I of Legacy Place was completed in spring 2024.

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JLL Arranges Construction Financing for Northern New Jersey Mixed-Use Project

Taylor Williams — Tue, 14 Apr 2026 14:17:31 +0000

HALEDON, N.J. — JLL has arranged an undisclosed amount of construction financing for a mixed-use project in the Northern New Jersey community of Haledon. Known as High Mountain Promenade, the development at 987 Belmont Ave. will comprise 90 apartments, a 74,715-square-foot (gross) self-storage facility and 4,400 square feet of retail space. First Bank provided the financing, proceeds of which will be used to fund construction of the self-storage facility and predevelopment costs of the other uses. Michael Klein, Jon Mikula, Ryan Carroll and Michael Donohoe of JLL arranged the debt on behalf of the developer, a joint venture between two New Jersey-based groups, Tulfra Real Estate and The Hampshire Cos.

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Colliers Negotiates Sale of 865-Unit Self-Storage Facility in Delanco, New Jersey

Taylor Williams — Tue, 14 Apr 2026 14:10:56 +0000

DELANCO, N.J. — Colliers has negotiated the sale of an 865-unit self-storage facility in Delanco, located outside of Philadelphia in Southern New Jersey. Extra Space Storage operates the facility at 700 Creek Road, which was originally constructed in 1989 and converted to self-storage use in 2021. Today, the facility spans 105,187 net rentable square feet across 766 climate-controlled units and 99 covered and uncovered parking spaces. Tom de Jong, Dylan de Jong and Ian Richman of Colliers represented the seller, Metropolis Development Group, in the transaction and procured the buyer, Merit Hill Capital.

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NFI, Penwood Underway on 528,478 SF Spec Industrial Project in Burlington County, New Jersey

Taylor Williams — Mon, 13 Apr 2026 13:14:22 +0000

BURLINGTON COUNTY, N.J. — A joint venture between New Jersey-based owner-operator NFI Real Estate and Penwood Real Estate Investment Management is underway on construction of Turnpike 5 Logistics Park, a 528,478-square-foot speculative industrial project in Southern New Jersey’s Burlington County. The two-building development’s name stems from its proximity to Exit 5 off the New Jersey Turnpike. The buildings will span 310,000 and 218,478 square feet and will feature clear heights of 36 feet, as well as “extensive” trailer parking and “heavy” power capacities. Fifth Third Bancorp provided $54 million in construction financing for the project, which was arranged by JLL. JLL also structured the joint venture between the two groups.

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CBRE Negotiates $47.8M Sale of Waverton Apartments in Secaucus, New Jersey

Taylor Williams — Fri, 10 Apr 2026 14:35:20 +0000

SECAUCUS, N.J. — CBRE has negotiated the $47.8 million sale of The Waverton, a 116-unit apartment complex in Secaucus, located across the Hudson River from New Jersey. Completed in 2022, The Waverton offers studio, one- and two-bedroom units, with roughly 20 percent of residences designated as affordable housing. Amenities include a fitness center with a private yoga studio, an outdoor lounge with grilling stations, sundeck, resident lounge with billiards and shuffleboard and a coworking and conference room. Jeffrey Dunne, Stuart MacKenzie, Eric Apfel and Travis Langer of CBRE represented the seller, a joint venture that included Canoe Brook Development as a minority partner, in the transaction. The buyer was not disclosed.

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Cushman & Wakefield Brokers $4.5M Sale of Mixed-Use Development Site in Randolph, New Jersey

Taylor Williams — Fri, 10 Apr 2026 14:28:03 +0000

RANDOLPH, N.J. — Cushman & Wakefield has brokered the $4.5 million sale of a mixed-use development site in the Northern New Jersey community of Randolph. The site at 1192 Sussex Turnpike is approved for 25 townhomes, as well as a mixed-use building that will feature 4,055 square feet of retail space on the ground floor and 10 apartments on the second and third floors. Andrew Schwartz, Jordan Sobel, Andre Balthazard and Dan Bottiglieri of Cushman & Wakefield represented the seller, an entity doing business as Ludiro Inc., in the transaction and procured the buyer, OES Properties.

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Worldwide Logistics Signs 451,916 SF Industrial Lease in Sayreville, New Jersey

Taylor Williams — Thu, 09 Apr 2026 14:15:32 +0000

SAYREVILLE, N.J. — Worldwide Logistics USA, the American affiliate of Chinese freight company Worldwide Logistics Group, has signed a 451,916-square-foot industrial lease in the Central New Jersey community of Sayreville. The deal is for the entirety of Building 3 within Arsenal Trade Center, a newly constructed development that spans roughly 1.1 million square feet across three buildings. Jimo Liu of Cushman & Wakefield represented Worldwide Logistics in the lease negotiations. Tom Monahan, Larry Schiffinhaus and Brian Golden of CBRE represented the landlord, a partnership between Trammell Crow Co. and CBRE Investment Management.

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JLL Arranges $20.5M Loan for Refinancing of Coastal New Jersey Shopping Center

Taylor Williams — Tue, 07 Apr 2026 13:47:20 +0000

STAFFORD TOWNSHIP, N.J. — JLL has arranged a $20.5 million loan for the refinancing of Stafford Park, a 140,893-square-foot shopping center in Stafford Township, located I coastal New Jersey. Developed in 2007, the open-air center was fully leased at the time of sale to tenants such as Dick’s Sporting Goods, Best Buy, PetSmart and Ulta. Jim Cadranell, Ryan Carroll and Christian Badalamenti of JLL arranged the five-year, fixed-rate loan through an undisclosed investment manager on behalf of the borrower, regional owner-operator Walters Group.

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CBRE Brokers $12.7M Sale of Northern New Jersey Apartment Building

Taylor Williams — Tue, 07 Apr 2026 13:40:54 +0000

MAPLEWOOD, N.J. — CBRE has brokered the $12.7 million sale of The Summit, a 30-unit apartment building in the Northern New Jersey community of Maplewood. Completed in early 2025, The Summit offers units that predominantly come in two-bedroom formats and have an average size of 1,240 square feet. Amenities include a fitness center, resident lounge and a pet spa. Richard Gatto, Tracy Trank, Fahri Ozturk and Zach McHale of CBRE represented the seller, Summit Assets, in the transaction. CBRE also procured the buyer, SANA Properties.

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