Regions Northeast | New Jersey
The Hampshire Cos Inks Lease at Industrial Building in New Jersey
July 2, 2008

The Hampshire Cos. has inked a 20,851-square-foot lease deal with More Specialized Transportation at its industrial building located at 30 Wesley Street in South Hackensack, N.J. The 248,000-square-foot building is now fully occupied and is a part of the Hampshire Partners Fund VI portfolio, Hampshire’s $235 million institutional real estate investment fund. The building offers flexible warehouse/manufacturing space with multiple tailgates and drive-in loading.  The facility also provides access to the New Jersey Turnpike, Garden State Parkway, and Routes 17 and 46, and I-80.

 
Recent New Jersey Headlines
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.
HFF Closes $24M Sale of The Carlyle Apartments in New Jersey
Aug. 07, 2008
The New Jersey office of Holliday Fenoglio Fowler L.P. has announced that it participated in the sale of The Carlyle Apartments, a 13-story, 128-unit Class A multi-family building in Hackensack, N.J.
Gill Medina Cushman & Wakefield New Jersey Update Paints Mixed Picture
July 28, 2008
Three Cushman & Wakefield reports covering New Jersey office and industrial markets depict a state that’s for the most part mirroring the national commercial real estate scene’s uncertainties, ambiguities and contradictions. In northern New Jersey, overall office vacancy rates are currently 16.2 percent, which is up 0.2 percentage points since the first quarter. Office leasing activity is down 43 percent from the first quarter. The central New Jersey office market is broadly similar. On the industrial side, the bad news is jobs and the good news is high-tech space and the Port Region.