Seven N.J. apartment complexes are part of 165M deal

AIG Global Real Estate Investment Corp. has sold seven properties in New Jersey as part of a 12-property, 165. 4 million deal, according to real estate services firm Holliday Fenoglio Fowler L. P.

Massive Ironbound site drawing plenty of interest from developers

From the vantage point of Newark's Ironbound section, Tom Walsh only has to look across the Passaic River to nearby Harrison to see the demand for mixed-use, transit-centric neighborhood development.

Colliers International arranges sale of Lawrence building to David Lerner Associates

Colliers International announced Monday that it has arranged the sale of a building in Lawrence to brokerdealer firm David Lerner Associates.

Boonton mobile accessories company appoints chairman, CEO

LuMee LLC, a Boonton-based mobile accessories company, announced Monday that it has appointed Robert G. Pedersen II as its chairman and CEO.

from NJBIZ - Retail http://ift.tt/22kKMFQ
via IFTTT

FULFILLING HIS DUTY Janus Holder, the man whose family turned a gift store in Elizabeth into a billion-dollar business in Newark Airport

'Tis the season for frequent travel and last-minute gift buying &#8212 two of Janus Holder's favorite things.

from NJBIZ - Retail http://ift.tt/1UUgpkM
via IFTTT

APPETITE FOR SUCCESS Rod Silva, the founder of Muscle Maker Grill, wants to help people get healthy and be the next president of the United States

Rod Silva believes America is ready to stick to its resolutions this year.

from NJBIZ - Retail http://ift.tt/1OhY81D
via IFTTT

NEWARK'S OWN Marc Berson works as a developer, board chair and philanthropist, all while being one of the Brick City's biggest supporters

It was October 1997, and dignitaries were gathered outside the New Jersey Performing Arts Center to celebrate the opening of what they hoped would be a catalyst for Newarkrsquos economic resurgence.

THE DEAL-MAKER Robert Donnelly Sr., a legend in the state's commercial real estate sector, isn't done doing deals just yet

An office deal for nearly 900,000 square feet &#8212 like the lease extension inked by ATT in Bedminster this past summer &#8212 would be a feather in the cap of any commercial real estate broker.

HFF closes 30.5M of retail center Linden

Holliday Fenoglio Fowler L. P. announced Thursday that it has closed on a retail center in Linden for 30. 5 million.

Renovations to former Glaxo plant are complete, developers say

Developers have completed renovations to a former GlaxoSmithKline manufacturing plant in Clifton, with plans to now market the 200,000-square-foot building to industrial users.

CBRE Group arranges lease with dermatologic company in Mount Arlington

Commercial real estate brokerage firm CBRE Group Inc. announced Thursday that it has arranged a lease with Affiliated Dermatologists Dermatologic Surgeons P. A. at a Class A building in Mount Arlington.

Vornado completes 375M refinancing of Manhattan office building

Paramus-based real estate investment trust Vornado Realty Trust announced Thursday that it has completed a 375 million refinancing of an 882,000-square-foot Manhattan office building.

City National Bank moving HQ to revitalized Hahne's building in Newark

City National Bank will relocate its headquarters in Newark to the former Hahne Co. building, where developers are at work on a plan to transform the iconic former department store.

Toys R Us sees improved financial performance in Q3

Toys R Us Inc. enjoyed a stronger third quarter in 2015, it announced Tuesday, as its adjusted earnings grew and it narrowed its operating and net losses compared with the year-ago period.

from NJBIZ - Retail http://ift.tt/1mo2zeO
via IFTTT

Chambers Street shareholders approve merger with Gramercy Property Trust

Princeton-based real estate investment trust Chambers Street Properties announced Wednesday that its shareholders have approved its merger with Gramercy Property Trust Inc.

Winter 2015: Strengthening Your Community & Your Professionalism

Table of Contents

Commercial Market Making a Comeback: A Note from the President

Advocacy: Commercial Lending Spotlight: Updates on SBA Loans and Reg. A+

Networking: Commercial Takes the Spotlight and Shines

Member Perspective: Goal Setting for... Read More

from RSS feed for Items tagged 'Commercial' http://ift.tt/1Rovmwm
via IFTTT

Shaq back in Newark to announce new jobs initiative

Former professional basketball player and Newark native Shaquille O'Neal was back in town Tuesday to announce the creation of IMPACT Newark, a program designed to help minorities, women and veterans secure union construction jobs for projects in the city.

Sales and marketing management firm moves to Morris Plains

A sales outsourcing and training company has moved from Montville to Morris Plains, it announced Monday.

Revitalization continues in Harrison as retail, apartment complex opens

Another mixed-use redevelopment project has reached completion in Harrison, marking the latest step in the longtime plan to transform the town's formerly industrial waterfront.

CBRE brokers sale of Class A office building in Cherry Hill

Commercial real estate services firm CBRE Group Inc. announced Monday that it has brokered the sale of Woodcrest Pavilion, a 49,569-square-foot Class A office building in Cherry Hill.

Goldstein Group to serve as leasing agent for Old Bridge center

Retail real estate brokerage The Goldstein Group announced Monday that it has been named the exclusive leasing agent for a major mixed-used space slated to open in Old Bridge in the summer of 2017.

The NJBIZ millennial holiday gift guide

&#8220It's the most wonderful time of the year,&#8221 they say. It's also stressful as anything. Travelling on some of the busiest travel days, getting that extra work in so that &#8220days off&#8221 really are days off and, of course, shopping for those millennials in your office or at home who, let's' face it, you might just not get.

from NJBIZ - Retail http://ift.tt/1SWTqUV
via IFTTT

Davis has one goal for real estate school Be No. 1

Morris Davis is no stranger to New Jersey, having grown up in Philadelphia and spent summers at the Jersey Shore. But that couldn't have prepared him for what he learned about the state last year, once he showed up to help build a new real estate program at Rutgers University.

Pricing, variety help Unique Photo stay competitive

In September, Alexander Sweetwood became the third generation to take the reins of the family business, Unique Photo.

from NJBIZ - Retail http://ift.tt/1P2mnh7
via IFTTT

HR Block takes space in Marlton

HR Block has leased retail space at a Marlton shopping center, Wolf Commercial Real Estate said Friday.

Alkova's Poskanzer Skott-designed tower takes shape in Hackensack

Construction has begun on Alkova Companies 382-unit multifamily tower in downtown Hackensack, designer Poskanzer Skott Architects of Ridgewood announced Friday.

LAN Associates, the leader in education building, celebrates its 50th anniversary

A lot can change over the course of 50 years &#8212 just ask executives with LAN Associates. But here&#8217s something that has stayed the same for the North Jersey-based engineering and architectural firm In a sector that always has been competitive, the key to success is fairly simple.

How Fields is hitting it big Brothers in business of development and construction

Whenever James and Robert Caulfield have wanted something done right, they've done it themselves. Especially when it came to managing construction for the development firm they were looking to grow a little more than 10 years ago.

Marcus Millichap arranges 6.5M sale of two properties

Marcus Millichap, a commercial real estate investment services firm, announced Thursday the sale of two properties, combined totaling more than 6. 5 million.

Jerseyans pick their top coffee chain, and it's a home-state favorite

New Jersey's coffee drinkers have named their supplier of choice, and it's a popular area name &#8212 again.

from NJBIZ - Retail http://ift.tt/1IXgTzN
via IFTTT

Subaru groundbreaking offers officials chance to celebrate Camden, incentives

It's a story Lt. Gov. Kim Guadagno has told before to illustrate the state's willingness to work with the business community, but this time it packed a little extra punch.

Developers break ground on Westfield luxury apartments

Construction is underway on a project to create a 70-unit, transit-oriented luxury apartment complex in downtown Westfield, its developers announced.

Somerville building fetches 3.2M

A commercial building located in downtown Somerville has sold for 3. 2 million, according to Cushman Wakefield.

Zimmel arranges pair of leases in Middlesex County

Two companies have signed long-term leases in Central Jersey, according to corporate real estate services firm Zimmel Associates.

JLL adds SVP to New Jersey office

JLL has hired James Schroeder as a senior vice president in its New Jersey office, the firm announced.

Colliers hires pair of managing directors

Colliers International has hired Sam Horowitz and Chris Hovanec as managing directors in New Jersey, the commercial real estate services firm announced.

Sudler happy to build off the beaten path in Lakewood

As old sayings go, Peter Sudler recalls this favorite of his father's &#8220You can't sell from an empty wagon. &#8221

East Brunswick's Two Tower Center sold for 60M-plus

One of two towers in a well-known East Brunswick office complex has been sold for more than 60 million, according to commercial real estate services firm Cushman Wakefield.

Sitex buys warehouse property, plans to add 200K sq. ft. logistics center

Sitex Group has acquired a 20-acre site in Woodbridge that includes a 175,000-square-foot warehouse and the space to develop a new distribution center nearby, the firm announced.

Mission accomplished WebiMax, the first company to commit to Camden with EO13, glad it made the move

As he sits in a conference room that overlooks the Delaware River and the Philadelphia skyline, WebiMax founder and CEO Ken Wisnefski is also enjoying his view of Camden.

Bender Group finds flexibility is big key to success

Stacey Bender &#8212 a devoted executive in public relations for over 14 years &#8212 had just given birth to her fourth child in 1995. It wasn't in her nature to take time off &#8212 and the idea of work-life balance wasn't in the American workforce. But she knew things would need to change.

from NJBIZ - Retail http://ift.tt/1TR4Lql
via IFTTT

Amtrak official praises Gateway partnership at NAIOP conference

Amtrak is pushing ahead with planning for a new trans-Hudson rail tunnel, an agency official said Friday, buoyed by the recent &#8220extraordinary announcement&#8221 of a new partnership involving New Jersey, New York and the federal government that will oversee the massive project.

Professional & Business Services Employment Drives Demand for Office Space in Q3.2015

Commercial fundamentals in REALTORS® markets continued improving during the third quarter 2015, as noted in the Commercial Real Estate Outlook: 2015.Q4. 

from RSS feed for Items tagged 'Commercial' http://ift.tt/1RuhArd
via IFTTT

Kislak completes 27.3M sale of apartments in Westville

Woodbridge-based The Kislak Company announced Friday the recent 27. 3 million off-market sale of Inverness Apartments in Westville.

Sanzari breaks ground on dual-brand hotel in Teaneck, expects to bring 85 jobs to area

Alfred Sanzari Enterprises announced Thursday it officially broke ground on a new hotel at its mixed-use Glenpointe complex in Teaneck.

New York Life, Avison Young find success with suburban N.J. office buildings

At Saddle River Executive Center on Route 17, a deal that seemed like a modest expansion by a tenant was in fact a much bigger commitment to the 106,000-square-foot office building.

Amazon.com responds to threats of lawsuit over Robbinsville-area traffic

Amazon. com appears to be trying to make amends with Robbinsville, home of one of the e-commerce titan's 1 million-square-foot distribution centers.

from NJBIZ - Retail http://ift.tt/1Is8AB0
via IFTTT

Factory Conversions Spark Tech Office Interest

Learn what’s driving technology, media, and other information-related firms to look at repurposed industrial buildings for their workforce.

from RSS feed for Items tagged 'Commercial' http://ift.tt/1MYNid8
via IFTTT

Bussel Realty closes multiple deals in Middlesex

Real estate services firm Bussel Realty Corp. announced Wednesday it has closed multiple commercial real estate transactions in Middlesex.

Blu Alehouse opens 2nd N.J. location

American restaurant and sports bar Blu Alehouse will open its second New Jersey location in Woodbridge.

from NJBIZ - Retail http://ift.tt/1lZAzhj
via IFTTT

Monmouth Real Estate Investment Corp. buys Louisiana building for 18.4M

Monmouth Real Estate Investment Corporation, a real estate investment trust based in Freehold, has purchased a Louisiana industrial building for 18. 41 million, it announced Wednesday.

Profeta Associates sells garden apartment complex in Ohio for 6M

Paul V. Profeta Associates Inc. has sold a 109-unit garden apartment complex in Vandalia, Ohio, for 6 million, the West Orange-based company announced.

Did you move your Elf on the Shelf? The holiday tradition that is a blessing and a curse for parents everywhere

The Elf on a Shelf.

from NJBIZ - Retail http://ift.tt/1XHPbxx
via IFTTT

Louis Berger announces changes in Europe, appoints two execs

Louis Berger, the Morristown-based professional services firm, has announced changes to its global operations, including a reorganization of its European division and the appointment of a pair of executives.

Supermarket project could transform Elizabeth neighborhood

It's one thing for a neighborhood to be a food desert, but George Jacobs sees something perhaps more alarming in the area that sits east of Route 1 9 in Elizabeth.

from NJBIZ - Retail http://ift.tt/1LM9dQu
via IFTTT

Supermarket project could transform Elizabeth neighborhood

It's one thing for a neighborhood to be a food desert, but George Jacobs sees something perhaps more alarming in the area that sits east of Route 1 9 in Elizabeth.

Piscataway apartment complex sold for 107M-plus

Another New Jersey apartment complex has changed hands for more than 100 million.

Cushman Wakefield team handles two leases, sale

Cushman Wakefield has completed a trio of transactions affecting 672,000 square feet in central New Jersey, it announced Tuesday.