Friday, September 30, 2016

At NAIOP event, young entrepreneurs describe how they grew their footprint

Flexibility in office spaces is something that new companies seeking to plant themselves in New Jersey are looking for.

Leasing activity at 15-year high in North, Central Jersey, according to CW

The North and Central Jersey office markets saw some of the strongest leasing activity in more than a decade during a third quarter filled with large corporate relocations, Cushman Wakefield said Friday.

Thursday, September 29, 2016

Office building in Saddle River sells for 19.7M

CBRE Group Inc. announced Thursday it has represented Mack-Cali Realty Corp. in the 19. 7 million sale of an office building in Saddle River.

Sotheby's expands luxury brand presence in Southeast Asia

Sotheby&#8217s International Realty Affiliates LLC announced Thursday that it will expand its brand presence in Thailand and the Philippines.

Wednesday, September 28, 2016

Bussel brokers sale of industrial property in New Brunswick

Bussel Realty Corp. announced Wednesday it has arranged the 4. 8 million sale of a 138,000-square-foot industrial property in New Brunswick.

Tuesday, September 27, 2016

G3 Communications inks lease at Sanzari-owned complex in Hasbrouck Heights

G3 Communications, a digital media company, announced Monday it has leased office space at the Heights Plaza in Hasbrouck Heights.

Royal Farms signs space at Sunbird Plaza in Marlton

RD Management LLC, a real estate development and management company, announced Tuesday Royal Farms has signed space at the Sunbird Plaza in Marlton.

Royal Farms signs space at Sunbird Plaza in Marlton

RD Management LLC, a real estate development and management company, announced Tuesday Royal Farms has signed space at the Sunbird Plaza in Marlton.

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Carnegie Center's developer acquires Hyatt located there

Real estate developer and manager The Landis Group has acquired the Hyatt Place hotel located within the Carnegie Center complex in Princeton, it announced recently.

Trenton architecture firm expands in Pennsylvania

Trenton-based architecture firm Spiezle Architectural Group has acquired a Pennsylvania-based firm in order to extend its reach and services, it announced Tuesday.

South Jersey logistics complex getting another tenant

A Nevada developer is building a South Jersey facility for a global produce company, it announced Tuesday.

Weichert New Homes hires new SVP

Weichert New Homes, based in Morris Plains, has named Cheri Bungard senior vice president, it announced Monday.

West Caldwell property sold for 3.5M

The home of a Kiddie Academy in West Caldwell has been sold for 3. 5 million, according to real estate firm Marcus Millichap.

Major N.Y. accounting firm growing its N.J. presence, Colliers says

Marks Paneth LLP, a New York-based accounting and advisory firm, is expanding in New Jersey with a new office in Parsippany, according to real estate services firm Colliers International Group Inc.

Monday, September 26, 2016

Wall Twp. Class A office building welcomes three new tenants

The Tomaro Professional Center has three new tenants joining its ranks, according to Vicky Tomaro, owner of TPC and president of Tomaro Financial Group.

Marcus Millichap completes South Orange site sale

Marcus Millichap announced Monday the sale of a development site located in South Orange, according to Brian C. Hosey, regional manager of the firm&#8217s New Jersey office.

Crunch Fitness signs lease in Franklin Twp.

Health club chain Crunch Fitness has signed a long-term lease for Rutgers Plaza in Franklin Township, according to real estate services firm The Goldstein Group.

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Realogy names new president

Realogy Holdings Corp. , a residential real estate services company, announced Monday it has appointed John Peyton to the newly-created role of president and chief operating officer for its subsidiary, Realogy Franchise Group.

Crunch Fitness signs lease in Franklin Twp.

Health club chain Crunch Fitness has signed a long-term lease for Rutgers Plaza in Franklin Township, according to real estate services firm The Goldstein Group.

Friday, September 23, 2016

Philadelphia 76ers cut ribbon on new Camden practice facility

The Philadelphia 76ers officially opened the door Friday to their new state-of-the-art practice facility in Camden, cutting the ribbon on the 125,000-square-foot complex that is now the largest of its kind in the NBA.

Thursday, September 22, 2016

Conair sells 27 acres of land in East Windsor

Conair Corp. has sold 27 acres of land in East Windsor, according to Bussel Realty Corp.

Panasonic extends Newark lease, NGKF says

Panasonic Corporation of North America has signed a lease extension for its headquarters in Newark, according to real estate advisory firm Newmark Grubb Knight Frank.

Wednesday, September 21, 2016

Gebroe-Hammer arranges 7 sales totaling 51.35M

Gebroe-Hammer Associates announced it has recently arranged seven sales totaling approximately 51. 35 million and 315 units.

New apartment building opens in downtown Bloomfield

BNE Real Estate Group announced Tuesday it has opened The Green at Bloomfield, a new apartment community in downtown Bloomfield.

Polygon Plaza traded in 22M deal

Polygon Plaza, a 90,000-square-foot office building located in Fort Lee&#8217s redevelopment district, has been traded for 22 million, Cushman Wakefield announced recently.

Tuesday, September 20, 2016

NAI Hanson arranges sale of medical office building in Elmwood Park

NAI James E. Hanson, a New Jersey-based commercial real estate firm, announced Monday it had arranged the sale of a medical office building in Elmwood Park.

Developer cuts ribbon on South Orange apartment and retail property

A South Orange mixed-use property held its ribbon-cutting Monday, and announced it has signed leases for 30 percent of its apartments since the process began in July, according to the developer and property manager.

Jaguar gets approval to customize, expand new Mahwah HQ signs long-term lease

Jaguar Land Rover North America LLC has signed a long-term lease to move to the Sharp Electronics Corp. building in Mahwah and received approval from the township planning board to begin customization and expansion of the property.

Monday, September 19, 2016

Redwood Realty closes sale of two N.J. complexes

Redwood Reality Advisors announced Sunday it has closed on two properties totaling a combined 4 million.

Former Winick Realty exec opens own firm

A former executive with Winick Realty Group has opened his own boutique firm in Holmdel, he announced recently.

N.J. Realtors cuts ribbon on new Trenton headquarters

New Jersey Realtors, the nonprofit organization comprised of members from the state&#8217s real estate community, formally cut the ribbon last week on its new 8 million headquarters in Trenton.

Sunday, September 18, 2016

Life of pie

The best pizza in New Jersey &#8230 can be found at the end of an alley on Broad Street in Elizabeth.

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GOING YARD At Rutgers, the transformation of the College Avenue Campus is coming into focus

When Rutgers opened its football season on the road against the University of Washington earlier this month, it marked the start of a new era at the College Avenue Campus. An era that has nothing to do with the university's football team or its new head coach.

Life of pie

The best pizza in New Jersey &#8230 can be found at the end of an alley on Broad Street in Elizabeth.

Friday, September 16, 2016

KABR breaks ground on apartments in Jersey City's McGinley Square area

The KABR Group broke ground Thursday on a new apartment building in Jersey City's McGinley Square neighborhood, it announced.

Colliers named leasing agent for Russel Hall in Oceanport

Colliers International Group Inc. announced Thursday it has been named the exclusive marketing agent for Russel Hall in Oceanport.

Express Laundry World sold in Maplewood

A card system laundromat was recently sold in Maplewood, according to Larry Bodner, president of Executive Business Brokers in Union.

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Alexander Anderson negotiates two leases in Hackensack

Alexander Anderson Real Estate Group announced recently it has negotiated two leases totaling 13,400 square feet in Hackensack&#8217s downtown area.

Construction underway on Newark high rise, NJPAC and developer say

The New Jersey Performing Arts Center and Philadelphia developer Dranoff Properties Inc. have begun construction on Newark's first new, upscale residential high rise in more than 50 years, they announced Friday.

Thursday, September 15, 2016

Unilever sells Englewood Cliffs HQ to OVG, Normandy will lease it back

Unilever NA has sold its U. S. headquarters building in Englewood Cliffs to a joint venture of OVG Real Estate and Normandy Real Estate Partners in a sale-leaseback deal, according to an announcement Wednesday.

Two law firms ink leases at Sanzari-owned complex in Hackensack

Alfred Sanzari Enterprises, a real estate developer and owner, announced Wednesday that two law firms have leased space at the 335,000-square-foot Court Plaza in Hackensack.

Silk Mill Lofts artist complex is acquired

The historic Silk Mill Lofts commercial complex in Union City has been acquired by a New York-based real estate developer, it announced Wednesday.

Wednesday, September 14, 2016

MetLife Investments cuts ribbon on new global headquarters in Whippany

With the help of Lt. Gov. Kim Guadagno and a company-branded blimp flying overhead, MetLife Investments formally cut the ribbon Wednesday on its new 184,500-square-foot global headquarters in the Whippany section of Hanover Township.

Nickelodeon Universe theme park coming to American Dream, developer says

American Dream developer Triple Five has another tenant for the megamall, on Tuesday announcing the Meadowlands project would house what it called the largest indoor theme park in the Western Hemisphere.

Nickelodeon Universe theme park coming to American Dream, developer says

American Dream developer Triple Five has another tenant for the megamall, on Tuesday announcing the Meadowlands project would house what it called the largest indoor theme park in the Western Hemisphere.

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Toys R Us continues to narrow its net losses in Q2

Wayne-based toy retailer Toys R Us Inc. reported solid results for the fiscal second quarter of 2016, as same-store sales and operating earnings both improved, while its net loss narrowed, it said Tuesday.

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Tuesday, September 13, 2016

KPMG announces purchase of Montvale property

Audit, tax and advisory firm KPMG LLP confirmed it was the buyer of a 60,000-square-foot property in Montvale, expanding its presence in the area.

JLL to manage pair of Linden warehouse and distribution buildings

Real estate services firm JLL said Monday it has been chosen to provide property management services to a pair of warehouse and distribution facilities in Linden.

Developers celebrate major NJCU project groundbreaking

Alongside joint venture partner Claremont Companies and project investment advisor Circle Squared Alternative Investments, the Hampshire Companies kicked off a groundbreaking celebration Monday in Jersey City for the start of a major redevelopment project on the campus of New Jersey City University.

Monday, September 12, 2016

Verizon renews, expands at Class A corporate campus in Livingston

Verizon Communications announced Monday it has renewed and expanded its office lease at the Eisenhower Corporate Campus in Livingston.

Goldstein places Fresh Market in Passaic

A Fresh Market has moved into Passaic, according to Chuck Lanyard, president of The Goldstein Group.

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Goldstein places Fresh Market in Passaic

A Fresh Market has moved into Passaic, according to Chuck Lanyard, president of The Goldstein Group.

Inspira leases space for seventh urgent care facility

Inspira Health Network has leased its seventh urgent care facility in South Jersey, WCRE announced Friday.

Sunday, September 11, 2016

Veteran brewer

Torie Fisher spent her 19th birthday in Iraq, during the first of her two deployments with the U. S. military. The service was all she had ever known, starting with her station in Germany after high school.

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Christie takes action, calls UEZ a 'failed experiment'

Calling them a &#8220failed 30-year experiment,&#8221 Gov. Chris Christie recently conditionally vetoed a measure that would have extended the lifespan of the state's 32 Urban Enterprise Zones by another 10 years.

Friday, September 9, 2016

Title Resource Group acquires TitleOne in Idaho

Title Resource Group LLC, a Mount Laurel-based title and settlement service provider, announced Friday it has acquired TitleOne Corp. based in Boise, Idaho.

Marcus Millichap sell South Jersey Wawa for 7.02M

Marcus Millipchap announced that a Wawa in South Jersey has been sold for 7. 02 million, according to Bryn D. Merrey, regional manager of the firm&#8217s Washington, D. C. office.

Developers bring Summit office building to full occupancy with series of leases

A 128,000-square-foot office building in Summit has been brought to full occupancy by its developers, the pair announced Thursday.

Thursday, September 8, 2016

Cush Wake inks 5.7M trade of former Winebow HQ in Montvale

Commercial real estate services firm Cushman Wakefield has orchestrated the trade of the former Winebow headquarters building in Bergen County for 5. 7 million.

Hackensack office complex sold for 63M

Continental Plaza in Hackensack has sold for 63 million in what real estate services firm Colliers International Group Inc. called the largest office trade in Bergen County this year.

Data solutions firm moves to Somerset Corporate Center

A data infrastructure and messaging solutions company is moving from Piscataway to Bridgewater, according to real estate developer and property manager SJP Properties.

Wednesday, September 7, 2016

Christie announces razing of state buildings to make way for Trenton development

Gov. Chris Christie was in Trenton on Wednesday to announce plans to demolish three state office buildings in the city and relocate those offices to two new, more efficient structures.

Brooklyn data center expands footprint into North Jersey

ColoGuard Enterprise Solutions LLC, Brooklyn&#8217s only data center, announced it has acquired data center space in Jersey City.

Tuesday, September 6, 2016

Somerset industrial building sold for 9.1M

Terreno Realty Corporation, which owns and operates industrial real estate in six markets nationwide, has paid 9. 1 million for a Somerset industrial property, it announced Tuesday.

Why unions are fighting for undocumented workers

Immigration, a huge part of the political rhetoric this election cycle, has ties to labor unions, too. And not necessarily how you would think.

Beer music Sounds like a biz plan to us

As Labor Day weekend comes and goes, most Shore business owners are getting ready to enjoy a quiet off-season until next summer rolls around.

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South Jersey BJ's sold for 15.6M

A BJ's Wholesale Club in South Jersey has sold for 15. 6 million, according to real estate firm CBRE Group Inc.

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South Jersey BJ's sold for 15.6M

A BJ's Wholesale Club in South Jersey has sold for 15. 6 million, according to real estate firm CBRE Group Inc.

Friday, September 2, 2016

Green Brook mall sells for 11M-plus

A Green Brook shopping center sold for 11. 25 million, according to real estate brokerage The Kislak Company Inc.

Green Brook mall sells for 11M-plus

A Green Brook shopping center sold for 11. 25 million, according to real estate brokerage The Kislak Company Inc.

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UMH Properties acquires two Ohio communities

UMH Properties Inc. , a Freehold-based real estate investment trust, announced Thursday it has acquired two communities located in Ohio for approximately 2. 95 million.

Thursday, September 1, 2016

The Bridge leases space at medical campus hub in Irvington

The Bridge Inc. , a nonprofit organization and provider of substance abuse, family crises and mental health counseling services, announced Thursday it has signed a long-term lease at a medicalprofessional campus in Irvington.