New Jersey

“Location absolutely remains key in New Jersey's industrial market, and the Rockefeller Group Logistics Center provides Best Buy with a prime transportation-oriented location,” says Cushman & Wakefield's Jules Nissim.

a roundup of recent deals, leases, executive moves, and other news from the past week.

 ENGLEWOOD CLIFFS, NJ—Procida Funding was busy with a flurry of financings during the last week of 2017, including a $68.5 million construction…

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

“The property's current occupancy of more than 97 percent combined with its access to retail and superior amenities made it a highly desirable investment for several public and private entities,” says HFF's José Cruz.

Voya Investment Management originated the loan, including a 15-year term with an aggressive interest rate and LTV ratio of 35 percent.

Senior vice president Robert Squires marketed the portfolio on an exclusive basis for a family partnership that built and owned the properties for 60 years.

There were approximately 210,525 square feet of new leases and renewals executed in the three counties surveyed (Burlington, Camden and Gloucester), about half the total compared with the previous quarter.