The Most Comprehensive Source for Commercial Real Estate News in the Region 

Hackensack, NJ — NAI James E. Hanson has negotiated the sale of a two-building 12,589 s/f development site located at 147–153 Hudson St. in Hackensack, to the Housing Development Corp. of Bergen County.VP Anthony J. Cassano represented the buyer and seller in the transaction. Located steps from the Bergen County Courthouse, the property features 25 on-site parking spaces, 8’ to 10’ ceiling heights, and highly visible office space with prominent street signage. Zoned for a wid

NEW YORK, NY — Flavia Verzivolli, David Lulgjuraj and Michael Cuniberti of Houlihan-Parnes Properties have arranged 1st mortgage financing in the amount of $2.8 million and a line of credit for a six-story elevator cooperative apartment building containing 52 apartments in the Inwood section of Manhattan. The property is located at the corner of Park Terrace West and W 215th St. The loan was placed for a 10-year fixed term at a sub 6% interest rate. Jeremiah Houlihan and Jame

Financing was provided by Fannie Mae, arranged by Berkadia mortgage team NORFOLK, VA — Kushner announced the acquisition of a 295-unit multifamily community in Norfolk. Formerly known as Livano Norfolk, the property has been rebranded District 757. LIV Development was the seller, with Berkadia serving as the broker on the transaction. Financing was provided by Fannie Mae, arranged by Berkadia mortgage team. Located at 6163 Kempsville Circle in Norfolk’s Midtown Medical Distri

Jason Stouffer YORK, PA — Jason Stouffer has been named the Kinsley Construction’s new CEO, effective immediately, succeeding Christopher Kinsley who retired earlier this year. Stouffer has spent his entire career with Kinsley Construction, starting as a summer laborer, performing jackhammering and other field tasks. In 2003, he was hired as a project engineer, and over the past two decades, he has risen through the ranks—from estimator to vice president of the Pennsylvania S

PARSIPPANY, NJ — Stanbery Development Group, Claremont Development and PCCP LLC, developers of District 15Fifteen, reports the mixed-use redevelopment has confirmed more than 65% of the nearly 60,000 s/f of high-end retail space is now leased. This latest surge in activity adds seven new leases, for a total of 12,849 s/f in finalized commitments. Currently, leases with essential service and retail providers are in process, with commercial availability ranging from 1,447 s/f

JLL arranges debt for 147,620 s/f distribution facility in CNJ MORRISTOWN, NJ —  JLL Capital Markets has arranged $27.1 million in bridge financing for Bridge Point Piscataway, a class A, 147,620 s/f warehouse located at 10 Constitution Ave. in Middlesex County. JLL worked on behalf of the borrower, Bridge Industrial, in securing a loan through PPM America, Inc. The state-of-the-art distribution center features 36-foot clear ceiling heights, 41 dock-high doors and two drive-i

By Scott Bisbort, LSRP Langan Engineering & Environmental Services Importing and exporting soil are routine components of redevelopment and remediation projects. However, the presence of PFAS—even at background concentrations—has introduced new regulatory and logistical challenges, as their presence can complicate soil movement, trigger compliance obligations, and limit disposal options. The presence of PFAS in soils may be due to well-known point sources, like industrial dis

NEWARK, NJ — JLL and CBRE, Inc. are working together on behalf of NJ Transit and Horizon Blue Cross Blue Shield of New Jersey (Horizon) to solicit interest in a potential premier mixed-use development opportunity that would result in a new residential complex of up to 1000 units at 1 and 3 Penn Plaza East, currently the site of office properties owned by NJ TRANSIT and Horizon. The project plan also includes a new single-tenant 250,000 s/f class A building that would serve a