Regions Northeast | New Jersey
Carlton Arranges $63M Bridge Loan
April 15, 2008

Carlton has closed successfully a $63 million floating rate, three-year bridge loan for the acquisition and repositioning of Fort Lee Executive Park, a 609,000 square foot class A office complex located 10 minutes from Manhattan in Fort Lee, N.J. Fort Lee Executive Park consists of two Class A office buildings and a six-story covered garage. The Carlton transaction team included Michael Campbell and John Raggio.

 
Recent New Jersey Headlines
Ground Breaks on Aloft Hotel in New Jersey
Sept. 22, 2008
Ground has broken on a 154-room hotel in Mount Laurel, N.J., that will carry Starwood Hotels & Resorts Worldwide Inc.'s new Aloft lifestyle flag.
KBS Takes Office Buildings at Park Avenue at Morris County in New Jersey
Sept. 12, 2008
KBS Real Estate Investment Trust II has acquired two of the six office buildings at Park Avenue at Morris County, a commercial office complex in Florham Park, N.J., in the Essex/Eastern Morris County submarket.
Liberty Plaza Newark $150M Newark Mixed-Use Project Moves Forward
Sept. 10, 2008
Plans are underway for the development of Liberty Plaza, Newark, N.J.’s first Class A office and mixed-use project in 15 years, which will feature a 430,000-square-foot, 22-story office and retail tower in Phase I.