Former Hudson City HQ to be sold

MT Bank Corp. announced that it has listed for sale the former Hudson City Savings Bank headquarters in Paramus, according to The Record.

Hovnanian, GTIS announce homebuilding joint venture

A national homebuilder has teamed up with a real estate equity firm to acquire a portfolio of homebuilding communities throughout the United States.

Law firm renews, expands lease at Sanzari-owned complex

Cillick and Smith, a law firm, has renewed its lease and expanded by 1,000 square feet at the Court Plaza North, an Alfred Sanzari Enterprises owned and managed Class A complex in Hackensack.

WCRE to serve as sales agent for former school campus

Wolf Commercial Real Estate has been chosen as the exclusive sales agent for the former Friends Academy of Westhampton building, it announced Tuesday.

Skin care company moves to Saddle Brook

Consumer products company Peter Thomas Roth Labs LLC is moving to a much bigger location in Saddle Brook from its previous Carlstadt location, according to real estate services firm Colliers International Group Inc.

At Sanzari, third-generation exec earns promotion

The family tradition is continuing at Alfred Sanzari Enterprises, with the promotion of a third-generation executive to chief operating officer.

Alabama company buys South Plainfield property for 7.5M

A distributor of piping for water sprinklers has purchased a South Plainfield industrial property, according to real estate services firm Bussel Realty Corp.

Restaurant signs lease for downtown Newark location

Redd's Biergarten, a bar and restaurant, is opening its second location in New Jersey in downtown Newark under a long-term lease arranged by The Goldstein Group.

Developer cuts ribbon on Mount Arlington apartments

Real estate developer Woodmont Properties cut the ribbon last week on its latest luxury apartment community, Woodmont West in Mount Arlington.

Cushman Wakefield arranges office lease with IT firm in Parsippany

Cushman Wakefield announced Thursday it has arranged an office lease with an IT expense management software provider at a Class A office property in Parsippany.

Sabre Real Estate brings insurance brokerage to Bayonne

Sabre Real Estate Group LLC, a retail brokerage firm, announced Thursday that it has arranged a retail lease for an insurance brokerage in Bayonne.

Roseland breaks ground on mixed-use development in Mass.

Roseland Residential Trust, a wholly-owned subsidiary of Mack-Cali Realty Corp. , held a groundbreaking ceremony on Wednesday for a mixed-use development project in Massachusetts.

HFF closes 91M sale of Class A, multihousing community in Cedar Knolls

Holliday Fenoglio Fowler L. P. announced Wednesday it has closed the 91 million sale of a Class A multihousing community in Cedar Knolls.

Marcus Millichap completes 1.8M sale of apartment complex

Marcus Millichap announced the 1. 8 million sale of an apartment property in Moscow, Pennslyvania, according to Brian C. Hosey, regional manager of the firm&#8217s New Jersey office.

NAI Mertz completes sale of industrial building in Vineland

NAI Mertz, a Mount Laurel-based commercial real estate firm, announced Wednesday the sale of an industrial building in Vineland to Plastic Express Inc.

Real estate company signs lease of its own in Fort Lee

C Land Realty, a residential and commercial real estate company, has signed a lease at the Southpole office building in Fort Lee, according to commercial real estate firm NAI James E. Hanson.

Rutgers names Center for Real Estate's 2016 advisory board

The Center for Real Estate at Rutgers Business School has unveiled its 2016 advisory board, a roster of industry leaders and top professionals who serve the sector in the Garden State.

Mill Creek breaks ground on Parsippany apartment community

Mill Creek Residential has started construction on a 212-unit apartment community in Parsippany, marking the firm's third project in Morris County and its fourth in New Jersey as part of its aggressive push into the state.

Lennar debuts latest Weehawken luxury condo building

Homebuilder Lennar Corp. has opened the doors to its newest community on the Hudson River, a 103-unit luxury condominium building in the Port Imperial section of Weehawken.

Wenric Properties expands business in Cherry Hill

Wenric Properties has acquired a property in Cherry Hill to expand its warehousing and sales force, WCRE announced Friday.

A tradition of technology

In less than a year, Somerset Development has attracted a half-dozen software and technology firms to the former Bell Labs complex in Holmdel.

Hometown boy makes good

From his office on Front Street, Barry Rosengarten can see the restaurant now known as Seabra's Armory &#8212 and he recalls the promise it held for Perth Amboy when he opened it 30 years ago.

The new art appreciation

For Eyal Shuster's 2-year-old, boutique apartment building in downtown Jersey City, &#8220The Art House&#8221 is more than just a fancy name.

Custom solution

David Gockel goes back to what he lightheartedly calls &#8220the anthropological study. &#8221

Gottesman looks ahead to Newark development

Jerry Gottesman literally can trace his company's origins with a No. 2 pencil. As he sits in his office in the nondescript, two-story walkup building in Newark that serves as Edison Properties' headquarters, with a color-coded map on the table in front of him, he gives a history lesson.

Hartz breaks ground on Linden warehouse

Hartz Mountain Industries is setting its sights on midsized industrial users in Linden, where the developer says it has broken ground on a new 156,000-square-foot warehouse building.

Jet.com leasing 705K sq.ft. in South Jersey

Online retailer Jet. com will lease 705,000 square feet in Salem County at a distribution facility newly built by Matrix Development Group, the real estate firm announced this week.

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Jet.com leasing 705K sq.ft. in South Jersey

Online retailer Jet. com will lease 705,000 square feet in Salem County at a distribution facility newly built by Matrix Development Group, the real estate firm announced this week.

Rahway apartment complex sold for 29.3M

A luxury apartment complex in Rahway has sold for 29. 3 million, according to real estate brokerage Gebroe-Hammer Associates.

Printer company moving from Roselle to Elizabeth

A printer company has signed a long-term lease for more than 25,000 square feet in Elizabeth, according to commercial real estate firm NAI James E. Hanson.

Secaucus-based Vitamin Shoppe names chief operating officer

Vitamin Shoppe Inc. , the Secaucus-based retailer and maker of nutritional products, has hired a former Family Dollar executive as its new chief operating officer.

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Matrix Development buys 205 acres in business park near Shippensburg

New Jersey-based Matrix Development Group has closed on its purchase of 205 acres in the United Business Park off Interstate 81 in Southampton Township, Franklin County, according to Lee Associates of Eastern Pennsylvania, the firm representing the buyer and also the company marketing the park. Central Penn Business Journal is a sister paper of. . .

3 law firms renew leases at Sanzari-owned plaza in Hackensack

Three law firms have renewed their leases at the Court Plaza South in Hackensack, according to Alfred Sanzari Enterprises, the owner and manager of the plaza.

Withum expands, relocates Princeton headquarters

WithumSmithBrown P. C. has expanded and relocated its Princeton-based headquarters, it announced Thursday.

Toys R Us narrows its Q1 loss

Toys R Us Inc. posted a net loss in its fiscal first quarter ended April 30, it announced Wednesday, but it was a narrower one than in the year-ago period.

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Bed Bath Beyond purchases home goods designer

Union-based Bed Bath Beyond Inc. announced Tuesday that it has purchased One Kings Lane Inc. , a home goods designer.

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Far Hills real estate company purchases 125 properties in Ark., Texas

Far Hills-based Mango Capital Inc. , a real estate holding company, announced Wednesday it has agreed to purchase 125 properties in Arkansas and Texas.

EDA offers two companies combined 40M to move to Bell Works

Another 370,000 square feet could soon be leased at the former Bell Labs building in Holmdel, thanks to more than 40 million in state tax credits that have been awarded to two companies.

NAI Hanson closes sale of medical office building in Hackensack

NAI James E. Hanson, a commercial real estate firm, announced the brokering of the sale of a medical office building in Hackensack.

Next step in Plainfield development Major mixed-use project

Speaking at a recent redevelopment conference, Plainfield Mayor Adrian Mapp outlined a rebranding strategy that has been underway in his community for the past two years.

Flash Sale: 50% Off Discovering Commercial Real Estate Course

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Developer starts building senior housing community to replace Sandy-hit one

Community Investment Strategies has started construction on an affordable, age-restricted community in a section of Middletown whose housing stock was damaged by Hurricane Sandy.

Mack-Cali picks NGKF to sell Freehold office buildings

Newmark Grubb Knight Frank has been hired to sell a four-building office park in Freehold owned by Mack-Cali Realty Corp. , the real estate advisory firm said recently.

Bergman sells New Providence office building it converted from single- to multitenant

Bergman Real Estate Group has sold a New Providence office building after repositioning it from a single-tenant to a multitenant property, Cushman Wakefield announced.

Luxury real estate brokerage expands in Bergen

Special Properties Real Estate Services, a Saddle River real estate brokerage, has expanded to a pair of new offices, it announced recently.

Terreno Realty acquires property in Newark for 2.5M

Terreno Realty Corp. , an industrial real estate firm, announced Monday it has acquired an industrial property in Newark for 2. 5 million.

Gourmet on the go The food truck phenomenon

Owner Jon HepnerHeadquarters VeronaCuisine Authentic Thai

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Gourmet on the go From festivals to special events and even weddings, New Jerseyans are craving food trucks

The number of food trucks in the state is on the rise. As is the quality of food they are serving. It's a trend in the food industry that is showing no signs of slowing down.

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White Lotus feels it's found latest secret to success

Marlon Pando prides himself on being able to change with the times. When he moved to New Jersey to work for White Lotus 11 years ago, he was convinced online sales were the key to the future of the bedding manufacturer. And they were.

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SpeakEasy Former FBI executive Ignore the barriers

SpeakEasy is a running feature in NJBIZ in which we recap presentations given by key business leaders around the state. This report is based on a speech delivered by Lauren Anderson, a consultant and former FBI executive, on May 26 at a gathering of women in architecture hosted by Hoagland, Longo, Moran, Dunst Doukas in New Brunswick.

The big build Gilbane, with nearly 700 million in the pipeline, is rapidly building its presence and personnel in N.J.

For a company that has 50 locations worldwide, it may seem daunting to try to maintain a local footprint in the construction business &#8212 one that values local knowledge as much as any other.

Gebroe-Hammer closes four N.J. deals

Gebroe-Hammer Associates said Thursday the real estate brokerage has closed four New Jersey multifamily property sales as part of a six-sale, four-day sales blitz.

Prograde Design relocates N.Y. operations to North Brunswick

Prograde Design has relocated its operations from Brooklyn to North Brunswick, according to Edison-based Bussel Realty Corp.

Cresa had to prove its precision with Daiichi Sankyo's move to Basking Ridge

In the realm of corporate real estate, integrating two locations into one may seem fairly typical.

Five leases signed at Roseland office building

The office building at 5 Becker Farm Road in Roseland has gained a number of tenants recently, according to the owner of the property, San Francisco-based Soma Capital Partners. Leases signed at the 118,139-square-foot Class A building include

Tulfra Real Estate, Hampshire complete 17.5M sale of industrial facility

Tulfra Real Estate has sold an industrial building in Parsippany for 17. 5 million, according to Sonny Jumani, president of the Rochelle Park-based firm.

Rutgers real estate center names Emerging Leaders Council

Packed with industry giants and power players, the advisory board of the Rutgers Business School Center for Real Estate has no shortage of leadership or experience.

Colliers named leasing agent for corporate center in Florham Park

Commercial real estate services firm Colliers International Group Inc. announced Monday that it has been named the exclusive leasing agent for a corporate center in Florham Park.

Quest chooses N.J. incentives, confirms HQ is moving to Secaucus

Quest Diagnostics International has opted to stay in New Jersey, it said Monday, announcing it would be moving its headquarters from Madison to Secaucus.

Blatstein Showboat to reopen next month as nongaming hotel

A year after being the subject of an ugly legal dispute, the former Showboat Casino Hotel in Atlantic City is slated to reopen next month as a nongaming property.

PlanSmart NJ ready to unveil new recommendations

As PlanSmart NJ kicked off its &#8220stranded assets&#8221 project last year, the group sought to create a playbook for towns that house one of the dreaded white elephants of commercial real estate.

Cleaning up Hallak Cleaners adjusting to the times, needs of the customers

From a one-man couture garment-cleaning operation on 2nd Avenue in Manhattan to a multimillion-dollar organization headquartered in Hackensack, Hallak Cleaners has taken a family two generations to build.

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Kings of castle The Cardillo brothers have built an empire since taking control of family window business

A lot of little boys will tell you they want to be just like dad when they grow up. But few will go as far as to do their science projects about window efficiency as a way to learn more about their father's trade. Chris Cardillo did just that.

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The cheese whiz Chris Lotito's willingness to change, experiment has helped take food business to new heights

In his white lab coat, Chris Lotito looks as much like a scientist as he does a cheese maker. As he explains all the ways you can prepare and serve his latest specialty food product, cheese folios, it is clear he spends a lot of time on experimentation.

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Kokes family, legacy honored at Monmouth University's Kislak Real Estate Institute awards

Arthur Greenbaum recalls taking a trip in the mid-1960s with a young Jan Kokes and his father, Miroslav &#8220Michael&#8221 Kokes, to a remote community in Ocean County known as Whiting. When they arrived, the elder Kokes beamed with pride that he had acquired 100 acres &#8212 and he now had plans to build a senior community with hundreds of. . .

Village Super Market declares quarterly dividend

Village Super Market Inc. announced Friday that it has declared a quarterly cash dividend.

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ShopRite to anchor retail component at mixed-use center in Oldbridge

Real estate developer The Brunelli Organization announced Thursday that ShopRite has signed on to become the anchor tenant at a major mixed-use center slated to open in Old Bridge in the summer of 2017.

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ShopRite to anchor retail component at mixed-use center in Oldbridge

Real estate developer The Brunelli Organization announced Thursday that ShopRite has signed on to become the anchor tenant at a major mixed-use center slated to open in Old Bridge in the summer of 2017.

Law firm renews, expands lease at Sanzari-owned complex

A merger between law firms Hackensack-based Pashman Stein P. C. and Roseland-based Walder Hayden P. A. has prompted a renewal and expansion of its office space at the Court Plaza South in Hackensack.

Johnson Johnson to buy beauty products maker Vogue for 3.3B

Johnson Johnson said Thursday that Johnson Johnson Consumer Inc. will acquire personal-care products firm Vogue International for approximately 3. 3 billion.

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SJP Properties, Mazda ink lease for Bridgewater campus

Mazda Motor Corp. will be among the newest tenants in SJP Properties&#8217 Somerset Corporate Center, leasing 8,000 square feet in the Bridgewater office park.

SJP Properties, Mazda ink lease for Bridgewater campus

Mazda Motor Corp. will be among the newest tenants in SJP Properties&#8217 Somerset Corporate Center, leasing 8,000 square feet in the Bridgewater office park.

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