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Real Estate NJ

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Title: Real Estate NJ – The Voice of New Jersey Commercial Real Estate

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Plans for Park Tower, a 501,000-square-foot development in Jersey City, call for a combined 1,049 apartments with 30 extended-stay hotel units with ground-floor retail space at 629 Newark Ave. in the city’s Journal Square section. — Rendering courtesy: Namdar Group

By Joshua Burd

Namdar Group has scored financing for another massive development in Jersey City...


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Highlands Village Shopping Center at 546 Allen Road in Basking Ridge — Courtesy: JLL

By Joshua Burd

KRE Group has sold a nearly 61,000-square-foot retail property in Somerset County, with JLL’s New Jersey capital markets team arranging both the trade and acquisition financing.

The buyer, Adoni Property Group, paid an undisclosed price for what’s known ...


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1829 Arctic Ave. in Atlantic City — Courtesy: Vantage Commercial

By Joshua Burd

A developer has closed on a 0.57-acre site in Atlantic City with approvals in place for a new Wendy’s restaurant, according to a brokerage team with Vantage Commercial.

Located at 1829 Arctic Ave., the property consists of 11 lots in an assemblage that hit the market in Jul...


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Burlington has 57 stores in New Jersey, including a location in Secaucus. — File photo

By Joshua Burd

Burlington Stores Inc. is moving its headquarters to Philadelphia, leaving its namesake township in South Jersey and making it the latest major company to relocate from the Garden State.

The retailer joined Pennsylvania officials on Thursday to announc...


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VYV North and South at 474 and 444 Warren St. in Jersey City — Courtesy: JLL

By Joshua Burd

Brookfield Properties has sold its interest in two new luxury apartment towers in Jersey City, reportedly allowing a joint venture of Aker Holdings and G&S Investors to acquire the stake.

Brokers with JLL advised on the recapitalization, which is tied to a c...


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