NJ · Industrial · Sale · 2d ago
Goodman Group acquired Anheuser-Busch's former beer-brewing facility in Newark, N.J., for $360 million, with plans to redevelop the 86-acre, 1.7 million-square-foot site for industrial and logistics uses. The property, which closed in December 2025 after nearly 75 years of operation, sits adjacent to Newark Liberty International Airport and less than one mile from Port Newark.
NY · Industrial · Sale · 2d ago
Tiger HL Realty, an affiliate of Brooklyn-based Lion HVAC Supplies, purchased a 33,000-square-foot industrial building and trucking terminal on 3.05 acres in Nanuet, N.Y., for $8 million. Bank of America provided $6.4 million in financing for the property at 31 Murray Hill Drive, which previously housed a UPS facility.
NY · Office · Lease · 3d ago
Architecture and engineering firm HDR signed a long-term lease for 74,500 square feet across three floors at 7 Penn Plaza, a Class B office tower in Manhattan owned by The Feil Organization. HDR is relocating from 500 Seventh Avenue, a property owned by The Moinian Group.
NY · Other · Sale · 3d ago
Alchemy Properties, along with partners Daishin America and Takamatsu Construction Group USA, acquired a vacant five-story garage at 60 N. Moore St. in Tribeca for $57 million from 56 N Moore LLC. The buyer plans to convert the 1914-vintage, 8,850-square-foot site into a boutique luxury condominium with city-approved plans to add two floors for more than 63,000 square feet of buildable space.
NJ · Retail · Sale · 3d ago
A private investor acquired a 7,104-square-foot retail property at 32 Durban Avenue in Hopatcong, N.J., occupied by Dunkin' and the United States Postal Service, for $2.5 million. Dunkin' has more than two years remaining on a 10-year lease signed in 2018, while the post office began a new five-year lease in 2025.