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HACKENSACK BUILDING TO BE REDEVELOPED AS APARTMENTS
HACKENSACK BUILDING TO BE REDEVELOPED AS APARTMENTS 500 500 Alexander Anderson Real Estate Group

A 19th-century warehouse in downtown Hackensack has been sold to a developer that plans to turn the building into about 30 loft-style apartments. Minotaur Management of Hackensack paid $1.275 million for the building, at 17 Mercer St. The deal is the first multifamily investment in New Jersey for Minotaur, which…

THE REMAKING OF HACKENSACK’S DOWNTOWN IS IN FULL SWING
THE REMAKING OF HACKENSACK’S DOWNTOWN IS IN FULL SWING 380 253 Alexander Anderson Real Estate Group

The city has approved four projects totaling 456 residential units and 11,000 square feet of retail space that are expected to break ground this year, city spokesman Phil Swibinski said. Hackensack has pushed to redevelop its downtown for more than a decade, but the real work started in 2015 when…

SYNDICATION GROUP FINDS FIRST DEALS IN ESSEX, BERGEN COUNTIES
SYNDICATION GROUP FINDS FIRST DEALS IN ESSEX, BERGEN COUNTIES 400 280 Alexander Anderson Real Estate Group

The newly formed syndication arm of an area real estate firm has made its first two deals, closing on vacant office buildings in Newark and Hackensack that it now plans to reposition. The firm, Alexander Anderson Real Estate Group, announced that it has launched an entity known as Alexander Anderson…

ALEXANDER ANDERSON CAPITAL GROUP TO REDEVELOP DOWNTOWN PROPERTIES
ALEXANDER ANDERSON CAPITAL GROUP TO REDEVELOP DOWNTOWN PROPERTIES 684 1024 Alexander Anderson Real Estate Group

Alexander Anderson Real Estate Group announced recently the launching of Alexander Anderson Capital Group, a syndication arm aimed to sponsor, acquire and redevelop downtown areas alongside small and individual real estate investors. The capital group also announced the closing of two projects in Hackensack and Newark. A 6,500-square-foot property in…