August 24, 2021
The Northeast industrial real estate market is like the Sahara at high noon: hot and getting hotter. Leasing volume during the last quarter topped 30.1 million square feet, the highest quarterly level in the market’s history, according to a JLL report covering New York City’s outer boroughs, Long Island, New Jersey, Pennsylvania and Delaware. To Read more…
October 23, 2020
We are incredibly proud to celebrate that in spite of the tremendous disruption inflicted on the retail industry by the COVID-19 pandemic, we are able to welcome a brand-new Walmart Supercenter to The Shops at Ledgewood Commons in Roxbury Township, N.J. Only one of ten stores of its kind, the Supercenter presents unique, thoughtful solutions to a Read more…
October 23, 2020
We’re thrilled to announce a major milestone for our Grand & Adams development— a dynamic mixed-use building in Hoboken’s North End. Recent approval from the zoning board will allow us to transform a half-acre of underutilized land into a new six-story luxury apartment building featuring 58 upscale apartments, 13,000 square feet of retail and office Read more…
October 23, 2020
Advance Realty Investors and Greek Development have landed $103.5 million in construction financing for two buildings in Logan North Industrial Park, a planned 3.2-million-square-foot industrial park in Gloucester County, N.J.
November 5, 2019
Veteran CRE Executive Will Oversee Advance’s Growing Industrial Portfolio Advance Realty Investors — a leading Northeast U.S. owner, developer and manager of residential, industrial, mixed-use and Class A office properties — today announced that it has hired Bill Bumber as Managing Director of Industrial Development. A longtime veteran of the New York and New Jersey-area industrial Read more…
September 13, 2019
Project will Transform Former Enclosed Mall into Regional Power Center With a $72.5 million construction loan in place, the redevelopment of The Shops at Ledgewood Commons in Roxbury Township, N.J. is set to move forward. Cushman & Wakefield’s Equity, Debt & Structured Finance (EDSF) team arranged the financing with Santander Bank on behalf of the Read more…
June 24, 2019
Luxury Residential Building Cobalt Lofts Reaches 50 Percent Leased, Continues to Lend Momentum to the Burgeoning Riverbend District The partnership of Advance Realty Investors and DeBartolo Development today announced Cobalt Lofts, its newest luxury residential building in Harrison’s Riverbend District, is now 50 percent leased. The healthy demand for Cobalt Lofts’ 280 luxury studio, one- Read more…
June 20, 2019
Class-A Warehouse Complex Will Be the Largest Planned Industrial Development in Port of NY/NJ Region A joint venture of Advance Realty Investors, Greek Development and PGIM Real Estate, today announced that it has broken ground on Linden Logistics Center – a 4.1-million-square-foot, state-of-the-art logistics park in Linden, N.J. The redevelopment, which recently received the NAIOP Read more…
May 20, 2019
4.1 Million-Square Foot, Class-A Campus Will Be Largest Active Industrial Development in the Port of NJ/NY Region The joint venture of Advance Realty Investors and Greek Development today announced they have been awarded NAIOP’s 2019 Industrial “Deal of the Year” award for their joint development Linden Logistics Center – the 4.1-million-square-foot, state-of-the-art logistics park the Read more…
April 2, 2019
A joint venture partnership between Camber Real Estate Partners and Advance Realty Investors announced today that it has acquired a three-building, 400,000-square-foot light industrial portfolio in Mahwah, New Jersey. The Mahwah Industrial Park is located immediately off Route 17 in Bergen County, five minutes south of the intersection of major interstate highways 87 and 287. Read more…
February 4, 2019
Firenza Pizza, Jersey Mike’s and Mamoun’s Falafel will occupy new 40,000-square foot building within the state-of-the-art retail destination Advance Realty, a leading developer of commercial, residential, industrial, retail and mixed-use projects, today announced the addition of three restaurants to the tenant roster of Paramus Crossroads, the company’s 141,825-square foot shopping and dining destination at the Read more…
December 7, 2018
Luxury Residential Building with 280 Apartments Marks the Next Phase in Harrison’s Burgeoning Riverbend District The partnership of Advance Realty and DeBartolo Development today announced Cobalt Lofts, its luxury residential building in Harrison’s Riverbend District, has officially opened for leasing. Located at 1200 S. Fifth Street in Harrison, Cobalt Lofts offers 280 luxury studio, one Read more…
