JERSEY CITY, NJ-Capital Realty Associates said it has handled the trade of ten older apartment buildings here that were purchased in 2010, upgraded, and then sold to a new owner who intends to continue renovations.
WEEHAWKEN, NJ-Mack-Cali's Mitchell E. Hersh said it's all about "significant value creation" for his REIT at a groundbreaking ceremony for the Roseland division's RiverParc rental building at Port Imperial.
WEST ORANGE, NJ-The overburdened rail system literally cannot continue as is, theAmtrack official behind a $52 billion planned upgrade and expansion of infrastructure between New York City and New Jersey told a NAIOP-NJ group.
NORTH BERGEN, NJ-Real Capital Solutions has acquired the 300,000-square-foot building constructed as a headquarters for Liz Claiborne in 1993 and will be seeking to reposition about two-thirds of the space.
LANCASTER, PA-Using a combination of loan programs and tax credit funding, Berkeley Point Capital arranged a new $10.4-million loan at 3% that will preserve a 264-unit rehabbed rental complex here as low-cost housing.
ENGLEWOOD CLIFFS, NJ-The proposed new LG headquarters on the Palisades has lost the endorsement of the EPA and a judge will have to decide whether the borough's approval will stand.
WALL TOWNSHIP, NJ-Catering to upscale shoreline communities, the renovated Sea Girt Square is doing well recruiting retail tenants. It is now 86% occupied.
CHERRY HILL, NJ-The multi-million dollar sales of industrial properties in the business park here and in Bellmawr and a flurry of leasing activity indicate an uptick.