Regions Northeast | New Jersey
Murphy Tapped as CBRE Vice Chairman
May 6, 2008

Patrick Murphy, a 27-year commercial real estate veteran, has been promoted to vice chairman at CB Richard Ellis Inc. He will focus his efforts on new business development, strategic planning and high-level recruitment on the New York City marketplace. He previously served as executive managing director of CBRE’s New York Tri-State Region, and will remain on the New York Tri-State Management Committee. Mr. Murphy will also maintain a presence in New Jersey, where he managed the CB Richard Ellis office for several years.

 
Recent New Jersey Headlines
Pantheon Signs Pair of Tenants in New Jersey
Dec. 31, 2008
Pantheon Properties has signed on two long-term tenants for more than 42,000 square feet at their Newark and Secaucus, N.J., industrial properties.
Developers Break Ground on $210M Residential, Retail Project in Jersey City
Dec. 17, 2008
Construction has begun on a $210 million development in Jersey City, N.J., that will feature two 47-story towers with a total of 524 rental apartments and 11,000 square feet of ground-floor retail space. Monaco Towers, developed jointly by Roseland Properties of Short Hills, N.J., and Garden State Developers of Jersey City, had originally been planned as a condominium property but will now offer rental apartments.
AG Net Lease Completes $34M Sale-Leaseback
Dec. 16, 2008
AG Net Lease, the net lease arm of  Angelo, Gordon & Co., has acquired five of Consolidated Container Co.’s, manufacturing and distribution facilities located in three states for $34.3 million. 
Capmark Secures $60M in Financing for New Jersey Storage Facilities
Dec. 15, 2008
Capmark Finance Inc. arranged $60 million in floating-rate financing for dry and cold storage facilities located at the Port Carteret Industrial Complex in Carteret, N.J.
SK Properties Secures $170M in Construction Financing for New Jersey M-F Portfolio  
Dec. 11, 2008
SK Properties has secured more than $170 million in construction financing for three multi-family properties in New Jersey and Pennsylvania.
 
Select Coverage By City: