The RFI is the latest in a series of steps the State of New Jersey is taking to make the Garden State a hub for sports wagering innovation, services and technology, state officials note.
Denholtz Properties also reports that RENEX NY has signed a lease for 9,000 square feet of industrial/ flex space at its Edgeboro Corporate Center at 12-16 Edgeboro Road in East Brunswick.
The Pilsen Gateway project is located in a Qualified Opportunity Zone near the city's Medical District. It is being developed on a 1.24-acre site at 1461 S. Blue Island that is bounded by S. Racine Avenue, S. Blue Island Ave. and 15th St.
The. long-term lease deal was signed with New York City-based SJP Properties, which announced the transaction. Oracle is relocating its Bridgewater field office to the complex.
In New Jersey, the arranged sales involving 3,683 units with a sales value in excess of $606.8 million in 2019. In the Greater Philadelphia metro region, Gebroe-Hammer Associates orchestrated more than $455 million in sales totaling more than 4,265 units last year.
Newmark Knight Frank Multifamily reports it arranged more than $61 million in financing in connection with the purchase of the property that was completed in 2000 and is located adjacent to Route 59 Metro Station.
NAI James E. Hanson, the exclusive leasing broker for the former Ballantine Brewery located in the Ironbound district in Newark, reports that it negotiated industrial leases for 16,504 square feet with L. Gambert, LLC, 11,000 square feet with Windsor, and 9,000 square feet with Eli Fashion.
Avison Young was able to secure an early renewal and extension lease at 330 Washington Ave. allowing VGS to stay in the saturated Carlstadt/Rutherford submarket, while also negotiating other terms including a tenant improvement package.