Regions Northeast | New Jersey
Advance Realty Aims for LEED-EB Rating for Advance Southgate in Morris Township
July 21, 2008

Advance Realty Group is targeting LEED-EB rating for Advance Southgate, one of the company's signature Class A "World Class Business Environments." Addressing operations, maintenance and system retrofits for ongoing certification of building performance, LEED-EB is the only LEED rating system that projects can use after the design and construction phases. A four-story, 320,000-square-foot building located at 445 South Street in Morris Township, N.J., Advance Southgate recently underwent a more than $20 million transformation, that included several systems to help it qualify for LEED-EB rating. Additionally, the firm plans to work with tenants on achieving LEED-CI rating, which is applicable to tenant improvements of new or existing office space.

 
Recent New Jersey Headlines
Financing Closes for New Jersey Retail/Office Center
Sept. 05, 2008
The 185,000-square-foot office and retail property at 2143 State Route 35 in Holmdel, N.J., has been financed to the tune of $17.4 million.
$25M Loan in Place for 276,000-SF Jersey Office Portfolio
Aug. 29, 2008
A joint venture involving Ivy Equities and Urdang Capital Management has gotten its hands on nearly $25.2 million in financing for a group of four office buildings in Parsippany, N.J.
The Orbach Group Acquires Miry Run Apartments in New Jersey
Aug. 19, 2008
The Orbach Group has purchased the Miry Run Apartments, a nine-building complex housing 144 units.  The  acquisition is the second Hamilton, N.J. property in the company’s portfolio, joining Victoria Apartments, bringing the Hamilton total to 460 units.
Freddie Mac Program Paves Way for $38M Refi of New Jersey Apartment Property
Aug. 15, 2008
A refinancing deal valued at $38.7 million has closed for Hunters Chase Apartments, a 360-unit multifamily community in Evesham, N.J.
liberty harbor $28M Financing Deal Paves Way for NJ Mixed-Use Waterfront Project
Aug. 07, 2008
Plans to erect an upscale 564,000-square-foot mixed-use project on a 2.7-acre coastal brownfield site in Jersey City, N.J., move forward with the closing of a $27.5 million loan to fund the acquisition and the environmental cleanup of the property. EnviroFinance Group L.L.C. provided the financing for developer Statue of Liberty Harbor North Redevelopment Urban Renewal L.L.C.