New Jersey

The disposition of the 553,548-square-foot, Southern New Jersey infill portfolio was arranged on behalf of the seller, Foxfield Industrial.

JLL arranged the four-year, floating-rate acquisition bridge loan through Bridge Investment Group.

The mayor stated on Wednesday that he will sign an Executive Order allowing construction work in the city to begin again on Friday morning with strict limitations in order to limit the spread of COVID-19.

The 10-story, Class A office building was traded by Jersey City-based Mack-Cali Realty Corp. to an undisclosed private investor.

The property was originally built in 2000 as part of the Merrill Lynch corporate campus and consists of three office buildings totaling 380,417 square feet.

PRC Group is developing two residential buildings, University Place Apartments and the Carbon Place Apartments, along with the connected retail space.

Frazier and Merck made news yesterday when in announcing its first quarter financial results, the pharmaceutical firm announced its intent to consolidate its New Jersey campuses into a single New Jersey headquarters location in Rahway by the end of 2023.

RENTCafe found renters do not intend to postpone their moving plans despite the coronavirus, with 62% saying they are moving as soon as they find an apartment.