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Partnership Begins Leasing 477-Unit Apartment Community in Jersey City

Taylor Williams — Mon, 10 Aug 2026 13:09:56 +0000

JERSEY CITY, N.J. — A partnership between LanTree Developments, Altree Developments Inc., Lanterra Developments Inc. and Westdale Properties, has begun leasing West Side Square, a 477-unit apartment community in Jersey City. West Side Square houses 203 studios, 232 one-bedroom units, 29 two-bedroom apartments and 10 three-bedroom residences, as well as 9,841 square feet of retail space. Residences are furnished with vinyl plank flooring, quartz countertops, stainless steel appliances, modern cabinetry, subway tile backsplashes, in-unit full-size washers and dryers, and walk-in closets. Select units offer private terraces. Amenities include an outdoor deck with a pool and grilling stations, fitness center, coworking space, a community room and a dog run. Bravo Property Trust financed construction of the project, which began in late 2023.

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CBRE Brokers $6.8M Sale of Industrial Development Site in Dover, New Jersey

Taylor Williams — Fri, 07 Aug 2026 15:05:07 +0000

DOVER, N.J. — CBRE has brokered the $6.8 million sale of a 6.5-acre industrial development site in the Northern New Jersey community of Dover. The parcel is part of the newly opened, 80,000-square-foot headquarters facility of tube and pipe distributor Dover Tubular Alloys at 220 W. Clinton St. Thomas Mallaney and Denise Kokulak of CBRE represented Dover Tubular Alloys in the transaction. Resource Realty represented the buyer, an entity doing business as SL Acquisitions LLC.

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TSB Realty Arranges Sale of 627-Bed Student Housing Community Near Rutgers University

Taylor Williams — Wed, 05 Aug 2026 13:18:39 +0000

NEW BRUNSWICK, N.J. — TSB Realty has arranged the sale of SoCam 290, a 627-bed student housing community located near the Rutgers University campus in New Brunswick. Delivered in 2005, the community offers 233 units in studio through three-bedroom configurations. Shared amenities include a clubroom, 24-hour fitness center, business center, coffee bar and gaming and media lounges. Alden Street Capital purchased the property from an undisclosed seller. TSB Capital Advisors also arranged acquisition financing for the deal. The property was fully leased at the time of sale.

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Osmo Opens 60,000 SF Headquarters Facility in Elizabeth, New Jersey

Taylor Williams — Wed, 05 Aug 2026 13:15:07 +0000

ELIZABETH, N.J. — Osmo, which uses machine learning to digitize scent and promote olfactory science, has opened a 60,000-square-foot headquarters facility in the Northern New Jersey community of Elizabeth. Designed by KSS Architects, the facility includes office, lab and manufacturing space, as well as a breakout room, café and shared spaces to foster cross-disciplinary collaboration. A partnership between Bridge Industrial and Elberon Development Group owns the building, the address of which was not disclosed.

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LJS Development Breaks Ground on 25-Unit Affordable Housing Project in Randolph, New Jersey

Taylor Williams — Wed, 05 Aug 2026 13:07:09 +0000

RANDOLPH, N.J. — LJS Development has broken ground on Sussex Woods, a 25-unit affordable housing project in the Northern New Jersey community of Randolph. Sussex Woods will feature five one-bedroom units, 12 two-bedroom residences and eight three-bedroom apartments. All units will be reserved for households earning between 20 and 60 percent of the area median income. Inglese Architecture is designing Sussex Woods, and LeChase Construction is the general contractor. Completion is slated for next summer.

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Berkadia Brokers $8.7M Sale of Northern New Jersey Apartment Building

Taylor Williams — Tue, 04 Aug 2026 14:47:52 +0000

ELIZABETH, N.J. — Berkadia has brokered the $8.7 million sale of Aberdeen Arms Apartments, a 52-unit building located in the Northern New Jersey community of Elizabeth. Built in 1965, Aberdeen Arms offers 10 one-bedroom units and 42 two-bedroom units and was fully occupied at the time of sale. Nat Gambuzza, Trevor Fiebel and Nick Balancia of Berkadia represented the undisclosed seller in the transaction. Berkadia also arranged acquisition financing for the deal. The buyer and direct lender were also not disclosed.

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CBRE Arranges $30.7M Loan for Refinancing of Apartment Building in West Caldwell, New Jersey

Taylor Williams — Fri, 31 Jul 2026 13:43:09 +0000

WEST CALDWELL, N.J. — CBRE has arranged a $30.7 million loan for the refinancing of The Vail, a 92-unit apartment building in West Caldwell, about 25 miles outside of New York City. The Vail offers a mix of studio, one- and two-bedroom units, 20 percent of which are reserved as affordable housing, that feature individual washers and dryers in all units and private balconies in select residences. Amenities include a fitness center, community room and coworking spaces. Matthew Pizzolato, Josh Stein, Jason Gaccione, Shawn Rosenthal, Jake Salkovitz, Lauren Weinstein and Justin Helbling of CBRE arranged the loan through Principal Financial on behalf of the borrower, New Jersey-based developer Accordia.

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Matthews Negotiates $4.4M Sale of Mixed-Use Portfolio in Clifton, New Jersey

Taylor Williams — Fri, 31 Jul 2026 13:28:59 +0000

CLIFTON, N.J. — Nashville-based brokerage firm Matthews has negotiated the $4.4 million sale of a portfolio of three contiguous mixed-use buildings totaling 14,500 square feet in the Northern New Jersey community of Clifton. The buildings at 233, 235 and 237 Dayton Ave. house one- and two-bedroom apartments in addition to commercial space. David Ferber of Matthews represented the undisclosed seller in the transaction. The name and representative of the buyer were not disclosed.

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CBRE Arranges Sale of 29,336 SF Industrial Building in Avenel, New Jersey

Taylor Williams — Fri, 24 Jul 2026 14:41:38 +0000

AVENEL, N.J. — CBRE has arranged the sale of a 29,336-square-foot industrial building in the Northern New Jersey community of Avenel. The building sits on a 4.3-acre site at 190 Homestead Ave. and includes six drive‑in doors, two loading docks and newly renovated office space. Liam McGregor, Elli Klapper, Mark Silverman and Brian Fiumara of CBRE represented the buyer, Jadian IOS (Industrial Outdoor Storage), in the transaction. The seller was Chicago-based CenterPoint Properties.

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Marcus & Millichap Brokers $8.8M Sale of Retail Building in Edison, New Jersey

Taylor Williams — Wed, 22 Jul 2026 14:22:43 +0000

EDISON, N.J. — Marcus & Millichap has brokered the $8.8 million sale of a 5,585-square-foot retail building in the Central New Jersey community of Edison. Convenience store operator Wawa occupies the single-tenant building at 1095 U.S. Route 1, which was built last year and includes a fuel station, on a triple-net basis. Alan Cafiero, Brent Hyldahl and Vincent Pennino of Marcus & Millichap represented the undisclosed seller in the transaction. The buyer was also not disclosed.

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WinnCos. Begins $33M Renovation of Affordable Housing Property in Atlantic City

Taylor Williams — Mon, 20 Jul 2026 14:02:31 +0000

ATLANTIC CITY, N.J. — Regional affordable housing owner-operator WinnCos. has begun the $33 million renovation of Garden Court Apartments, a 177-unit affordable housing property in Atlantic City. WinnCos. acquired the 20-building property, which houses 135 one-bedroom units and 42 two-bedroom apartments, in February in partnership with New Jersey-based nonprofit organization Gateway Community Action Partnership. Capital improvements will include upgraded kitchens, bathrooms and flooring in all apartments; new windows, siding, balconies and roofs for all buildings; the installation of new energy-efficient HVAC systems and electrical panels; and new security features. All common areas and amenity spaces will also be upgraded. Completion is slated for next fall.

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JLL Negotiates $54.3M Sale of Retail Center in Bridgewater, New Jersey

Taylor Williams — Fri, 17 Jul 2026 14:15:01 +0000

BRIDGEWATER, N.J. — JLL has negotiated the $54.3 million sale of The Village at Bridgewater Commons, a 92,461-square-foot retail center in Central New Jersey. A Summit Health medical facility anchors the 12.5-acre, open-air center, which was 98 percent leased at the time of sale to a roster with a weighted average remaining lease term of 7.4 years. Other tenants include Starbucks, Shake Shack, Cava and Chipotle Mexican Grill. Kevin O’Hearn and JB Bruno of JLL represented the seller, Pacific Retail Capital Partners, which acquired the property in 2023 as part of a larger deal for the adjacent Bridgewater Commons Mall, in the transaction. The buyer was Urban Edge Properties.

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RH Outlet Opens 50,700 SF Store at Ikea Drive Plaza in Paramus, New Jersey

Taylor Williams — Wed, 15 Jul 2026 13:46:20 +0000

PARAMUS, N.J. — RH Outlet has opened a 50,700-square-foot store in the Northern New Jersey community of Paramus. The luxury home furnishings retailer has relocated its Paramus store from an unspecified, nearby space to a freestanding building within Ikea Drive Plaza. Curtis Nassau and Patrick Brake of RIPCO Real Estate represented RH Outlet in the lease negotiations. Vanessa Fernandez and Ed Vasconcellos of Levin Management Corp. represented the landlord.

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Colliers Brokers Sale of 40,185 SF Former Veterinary Hospital in Tinton Falls, New Jersey

Taylor Williams — Fri, 10 Jul 2026 14:21:17 +0000

TINTON FALLS, N.J. — Colliers has brokered the sale of the former Red Bank Veterinary Hospital building, located at 197 Hance Ave. in the Central New Jersey community of Tinton Falls. According to LoopNet Inc., the building was constructed in 2004 and totals 40,185 square feet. Jacklene Chesler, Patrick Norris and Brittany Leventoff of Colliers represented the seller and procured the buyer in the transaction, which was executed via auction platform Ten-X. Both parties requested anonymity.

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Rockpoint, Urby to Develop 69-Story Apartment Tower Along Hudson River in Jersey City

Abby Cox — Fri, 10 Jul 2026 11:45:00 +0000

JERSEY CITY, N.J. — Rockpoint, a Boston-based real estate private equity firm, and Urby, a hospitality-driven multifamily developer, have formed a joint venture to develop a multifamily residential tower located along the Hudson River in Jersey City. The 69-story building, which will be known as 201 Hudson – by Urby, is expected to be delivered around mid-2029, according to various media outlets. 201 Hudson is the second phase of a larger three-tower multifamily development. The project follows Jersey City Urby, a 762-unit apartment tower delivered in 2017. The property was rebranded as Sable in 2025 after Veris Residential acquired full ownership of the building. Earlier this year, ownership transferred again to Affinius Capital following its acquisition of Veris. Urby will co-manage construction and development of 201 Hudson and will also oversee property management and leasing alongside Rockhill, Rockpoint’s property services affiliate. The project team will include New York-based architects HLW; Concrete Amsterdam; interior designer Shawn Hausman; and landscape architect Bas Smets, whose practice is responsible for the reimagined grounds of Notre-Dame Cathedral in Paris and the Mandrake Hotel in London. “The Jersey City Waterfront continues to distinguish itself as one of the most compelling multifamily submarkets in the New York…

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Affinius Capital Provides $188M Loan for Refinancing of Northern New Jersey Apartment Community

Taylor Williams — Thu, 09 Jul 2026 14:52:53 +0000

PARSIPPANY, N.J. — Affinius Capital has provided a $188 million loan for the refinancing of District at 15Fifteen, a 498-unit apartment community located in Northern New Jersey city of Parsippany. District at 15Fifteen comprises three buildings on a 12.7-acre site and includes 58,800 square feet of retail space. Amenities include a fitness/wellness space, coworking and conference areas, lounges, party rooms, courtyards, a pool, roof deck, simulator rooms, dog wash/pet spa areas and a dedicated gym for age-restricted residents. John Alascio, Chuck Kohaut, Meredith Donovan, Niko Nicolaou and Ryan Dowd of Cushman & Wakefield arranged the debt. The borrower, a joint venture between PCCP, Claremont Development, and Stanbery Development Group, will use a portion of the proceeds to complete lease-up and stabilization of the property.

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RCS, Lamar Acquire 368,049 SF Office Building in Jersey City

Taylor Williams — Wed, 08 Jul 2026 14:26:13 +0000

JERSEY CITY, N.J. — A partnership between Real Capital Solutions (RCS) and Lamar Cos. has acquired 30 Montgomery, a 368,049-square-foot office building in Jersey City. The 16-story waterfront building was 61 percent leased at the time of sale to tenants such as Bluevine Capital, Wayste (Sourgum), Asset Based Lending and Outcomes Matter Innovations. The building has also received $30 million in recent capital improvements, including upgrades to the lobby, façade, building systems and common areas. The seller and sales price were not disclosed.

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Quest Diagnostics Extends 131,000 SF Office Headquarters Lease in Secaucus, New Jersey

Taylor Williams — Wed, 08 Jul 2026 13:45:36 +0000

SECAUCUS, N.J. — Quest Diagnostics has extended its 131,000-square-foot office headquarters lease in the Northern New Jersey community of Secaucus. The space is located within the 11-story, 465,000-square-foot building at 500 Plaza Drive, which was originally constructed in 1985. David Opper, Conor Dolan and David Zelinski of CBRE represented Quest Diagnostics in the lease negotiations. David Stifelman and Tim Greiner of JLL represented the landlord, Signature Acquisitions.

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Kislak Negotiates 26,653 SF Office Headquarters Lease in New Providence, New Jersey

Taylor Williams — Thu, 02 Jul 2026 13:28:07 +0000

NEW PROVIDENCE, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated a 26,653-square-foot office headquarters lease in New Providence, about 30 miles west of New York City. The tenant is nonprofit organization Our House, and the space is located within the 171,216-square-foot building at 41 Spring St. Matthew LoBocchiaro of Kislak represented the tenant in the lease negotiations. Doug Rowe and Geoffrey Schubert of Lee & Associates represented the landlord.

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Madison Realty Capital Provides $61M Bridge Loan for Northern New Jersey Apartment Complex

Taylor Williams — Wed, 01 Jul 2026 12:27:00 +0000

NORTH BERGEN, N.J. — Madison Realty Capital has provided a $61 million bridge loan for Braddock Park West, a 10-story apartment building located outside of New York City in North Bergen. Completed earlier this year, Braddock Park West features 135 units in studio, one- and two-bedroom floor plans with an average size of 801 square feet. Amenities include a fitness center, coworking lounge and a rooftop terrace. Jordan Casella, Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz and Cole Grims of Walker & Dunlop arranged the floating-rate loan on behalf of the owner, Sanz Property Management.

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