Top Stories in New Jersey Commercial Real Estate

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Kushner breaks ground on $500 million redevelopment of Monmouth Mall, eyeing 1,000 new rentals and open-air community hub

Kushner has broken ground on its long-awaited, closely watched redevelopment of the Monmouth Mall property in Eatontown, where plans call for 1,000 new apartments, a sweeping overhaul of the existing retail and an infusion of new public spaces for the community.

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Merion Realty sells 35-unit Hunterdon County rental building, Berkadia says

A multifamily owner has sold a 35-unit apartment building in Hunterdon County for a reported $9.3 million, in a newly announced deal by Berkadia.

Fennelly: Bordentown property sold, slated to become 182,000 sq. ft. warehouse

A fraternal organization has sold a vacant 22,000-square-foot building in Bordentown to a developer for more than $4 million, in a newly announced deal by Fennelly Associates.

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IN OTHER NEWS

JLL inks $26 million loan for Denholtz’s newly acquired 214,000 sq. ft. logistics park in Texas

Petrucci, local officials unveil new special needs and faith-based school projects in Plainfield

Tech accelerator debuts 35,000 sq. ft. HQ in downtown Newark, eyeing ripple effect

ICYMI

Urban Edge acquires new-look 448,000 sq. ft. retail center in Roxbury for $83 million

Garibaldi Group acquires NAI Summit to expand service lines, Lehigh Valley presence

Breece joins GTL Construction of New Jersey as site superintendent

Nuts, raisins wholesaler adds 14,000 sq. ft. at Larken industrial park in Hillsborough

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