Popular N.J. shopping center secures $13.5M refinancing deal

Millburn Village, a popular 71,000-square-foot shopping center in Vauxhall, New Jersey, received a $13.5 million refinancing arrangement to improve its finances. The recently completed refinancing supports the center’s operations and tenant stability. A Walgreens drugstore, Five Guys restaurant, Staples office supply store, and several other local stores are in the shopping area. Vauxhall locals use…

Read More

Qdoba Brings Fresh Flavors to Hamilton Township with New Restaurant Opening

Qdoba Mexican Eats debuted in Hamilton Township, New Jersey, giving Mercer County residents a new restaurant. The restaurant replaced the famous Fame Diner at 1070 White Horse Avenue. Franchisee TIG Corp. runs the new Hamilton Qdoba. It has several customizable menu items. Burritos, bowls, tacos, quesadillas, and salads are available. To improve your Qdoba experience,…

Read More

Newark’s Legendary Brewery Eagle Sign to Be Moved as Plant Prepares for Closure

As the 75-year-old Newark Anheuser-Busch brewery closes, its illuminated eagle will be removed. A local and tourist attraction, the sign represents the city’s industrial and brewing history since 2001. Cranes and workers began deconstructing the massive building. Anheuser-Busch will exhibit the eagle at its St. Louis headquarters for years. The brewery official termed the sign…

Read More

TD Bank Completes Sale of Two Former Branch Properties in Monmouth County for $4.3 Million

TD Bank has sold two empty former branch locations in Monmouth County, New Jersey. The total value of the real estate deal is $4.3 million. The sales show that the commercial property market is still moving as banks change their physical locations and investors look for well-located properties in established neighborhoods. RIPCO Real Estate, a…

Read More

Former Absecon Firehouse Reopens as Round-the-Clock Wendy’s Restaurant

In a long-empty building in Absecon, New Jersey, a 24-hour Wendy’s debuted. The firehouse at 430 White Horse Pike became a fast-food restaurant after years. The new Wendy’s discreetly launched in December, changing the area. The company celebrated with a big opening on December 13. The restaurant’s restoration and long-term presence will be celebrated with…

Read More

Jersey City Rent-Controlled Apartment Portfolio Changes Hands in Multi-Million Dollar Sale

A portfolio of rent-controlled apartment buildings in Jersey City sold for $13.8 million, indicating investor interest in the city’s multifamily housing market despite economic headwinds. The sale featured two residential buildings at 546 and 565 Bergen Avenue with 68 rent-controlled apartments and one ground-floor shop space. Hudson Atlantic Realty helped Axial Partners sell the properties….

Read More