SPRINGFIELD, NJ-The 90-unit luxury apartment complex commanded a price of $255,555 per unit in a rare high-end trade, the Kislak Co. tells GlobeSt.com.
EAST RUTHERFORD, NJ-In anticipation of the 2014 Super Bowl at the Meadowlands, the former Metromedia Building will be named for the public relations agency as part of an early lease renewal, says Cushman & Wakefield.
COLLINGSWOOD, NJ—The active-adult apartment complex appealed because of high occupancy and location near a historic retail district, says Gebroe-Hammer Associates, which represented both buyer and seller.
ELMWOOD PARK, NJ-The sale of five multifamily assets around the county for $10.2 million in 60 days comes from a combination of pent-up demand and affordable financing, says Marcus & Millichap.
While the national unemployment rate remained stagnant at 9.1% in the third quarter, Central New Jersey’s was around 8.5%, significantly better than the statewide figure of 9.2% in September.
HAMILTON, NJ-The array doubles the company's portfolio, but logistics, costs will lead it to be the last ground setup until "the market achieves some clarity," Hartz Mountain says.
SCRANTON, PA-Owner/anchor Boscov’s retention of the firm to lease Lebanon Valley Mall and the Mall at Steamtown shows the continuing viability of regional centers, JLL says.
PARAMUS, NJ-The continuing strength of the retail market in the Garden State encouraged the hiring of Greg Panayoti and Peter Charshafian, Goldstein Group’s president Chuck Lanyard tells GlobeSt.com’s Debra Hazel.