Northeast

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

by Taylor Williams April 10, 2026

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.

April 10, 2026

Development Massachusetts Multifamily Northeast

Greystar, Haseko Break Ground on 189-Unit Multifamily Project in Needham, Massachusetts

by Taylor Williams April 10, 2026

NEEDHAM, MASS. — A partnership between South Carolina-based owner-operator Greystar and the U.S. subsidiary of Japanese developer Haseko has broken ground on a 189-unit multifamily project in Needham, a southwestern suburb of Boston. The site at 100 West St. formerly housed an assisted living facility that has since been demolished, and the new apartment building will offer studio, one-, two- and three-bedroom units. Amenities will include a fitness center, library, lounge, package room with cold storage capabilities, a golf simulator, dog run, playground, community garden and two pocket parks. Completion is slated for fall 2027.

April 10, 2026

Acquisitions Mixed-Use New Jersey Northeast

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

by Taylor Williams April 10, 2026

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.

April 10, 2026

Leasing Activity New York Northeast Office

Perplexity Signs Office Lease Expansion in Manhattan’s Union Square

by Taylor Williams April 10, 2026

NEW YORK CITY — Perplexity has signed an office lease expansion in Manhattan’s Union Square area. The AI platform now occupies 22,000 square feet across two full floors within the adjoining buildings at 841-853 Broadway. Andrew Wiener, Robert Fisher and Henry Korzec represented the landlord, The Feil Organization, in the lease negotiations on an internal basis. Marcella LaHara, Derek Feinman and Adam Spector of Newmark represented Perplexity.

April 10, 2026

Arsenal-Trade-Center-Sayreville-New-Jersey

Industrial Leasing Activity New Jersey Northeast

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

by Taylor Williams April 9, 2026

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.

April 9, 2026

Acquisitions Massachusetts Northeast Office

Atlantic Capital Partners Arranges $10M Sale of Two Metro Boston Office Buildings

by Taylor Williams April 9, 2026

WILMINGTON, MASS. — Regional brokerage firm Atlantic Capital Partners has arranged the $10 million sale of two office buildings totaling 61,888 square feet in Wilmington, a northern suburb of Boston. The buildings at 226 and 230 Lowell St. total 40,899 and 20,989 square feet, respectively, and can also support additional uses. Justin Smith, Chris Peterson, Danielle Turpin and John Dixon of Atlantic Capital Partners represented the undisclosed seller in the transaction. The buyer was also not disclosed.

April 9, 2026

Acquisitions Multifamily New York Northeast

Kislak Negotiates $8.3M Sale of Apartment Building in Poughkeepsie, New York

by Taylor Williams April 9, 2026

POUGHKEEPSIE, N.Y. — Regional brokerage firm The Kislak Co. Inc. has negotiated the $8.3 million sale of Hamilton Garden Apartments, a 58-unit building in Poughkeepsie, located north of New York City. The property consists of seven two-story buildings that were built between 1925 and 1965 and house studio, one- and two-bedroom units, as well as onsite laundry facilities. Janet Bortz of Kislak brokered the deal. The buyer and seller were not disclosed.

April 9, 2026

Civic Leasing Activity New York Northeast

Zeta Charter Schools to Open 35,000 SF Temporary High School in Upper Manhattan

by Taylor Williams April 9, 2026

NEW YORK CITY — Zeta Charter Schools will open a 35,000-square-foot temporary high school facility in the Washington Heights area of Upper Manhattan. The lease term is two years, and the space is located within St. Rose of Lima Catholic Church. Lindsay Ornstein and Alexander Smith of OPEN Impact Real Estate represented Zeta Charter Schools in the lease negotiations. The landlord, the Archdiocese of New York, was self-represented.

April 9, 2026

Development Loans Multifamily New York Northeast

ACRES Capital Provides $96M Construction Loan for White Plains Multifamily Project

by Taylor Williams April 8, 2026

WHITE PLAINS, N.Y. — ACRES Capital Corp. has provided a $96 million construction loan for 70 Westchester, a new multifamily project in White Plains, located north of New York City. The number of units and floor plans was not disclosed, but residences will be furnished with quartz countertops and “high-quality” kitchen and bathroom finishes. Amenities will include a pool, private dining room, coworking lounge, rooftop terrace, fitness center and an esports lounge. Completion is slated for fall 2027. The developer was also not disclosed.

April 8, 2026

Life Sciences Loans Northeast Pennsylvania

Brandywine Receives $87.3M in C-PACE Financing for Philadelphia Life Sciences Facility

by Taylor Williams April 8, 2026

PHILADELPHIA — Brandywine Realty Trust has received $87.3 million in C-PACE financing for 3151 Market Street, a 494,530-square-foot life sciences facility located within the developer’s Schuylkill Yards mixed-use destination in Philadelphia. The newly completed facility also includes traditional office space in addition to lab facilities and various tenant amenities. Nuveen Green Capital provided the financing, and the deal team says that the amount represents the largest C-PACE loan closing in Pennsylvania’s history. The Philadelphia Energy Authority will administer the financing.

April 8, 2026

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