Top Stories in New Jersey Commercial Real Estate

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Marcus: Buyer snags $174 million debt, equity deal for 348-unit Port Imperial rental property

An apartment owner has closed on $174 million in financing and joint venture equity to acquire a 348-unit property in West New York, in a deal arranged by Marcus & Millichap.

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KPMG leases 66,000 sq. ft. at Morristown’s HQ Plaza, slated to move from Short Hills in 2026

KPMG has taken 66,000 square feet at Morristown’s HQ Plaza complex, marking the latest high-profile addition to the town’s roster of major corporate tenants.

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Investor buys new 77-unit Somerset apartment building for $24 million, Hudson Atlantic says

A private investor has acquired a 77-unit luxury apartment building in the Somerset section of Franklin for more than $24 million, in a newly announced deal by Hudson Atlantic.

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IN OTHER NEWS

CBRE: Recycling firm inks $19 million refi for new 124,000 sq. ft. Passaic facility

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Community Builders adds Dorne as senior project manager

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Tulfra closes on Fulton Bank construction loan for 795-unit Jersey City self-storage project (UPDATED)

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ICYMI

NAI Hanson: New Jersey industrial vacancy still rising, but could moderate as construction slows in 2025

SOCO Construction promotes Perry, 41-year industry veteran, to general superintendent

Accordia expands to Charlotte with newly acquired, 36,000 sq. ft. light industrial building

Marcus: 24,000 sq. ft. medical, retail complex in Deptford trades for $5.4 million

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The Real Estate NJ Events Calendar





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  • Jan. 29: NJAA Annual Membership Meeting


  • Feb. 13: ULI Northern New Jersey Emerging Trends in Real Estate



  • March 4: Rutgers Center for Real Estate's 2nd Annual Winter Symposium


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