Floor Decor plans store in Woodbridge

Floor Decor, which just announced a Paramus location, is also coming to a planned Woodbridge shopping center, according to real estate services firm R. J. Brunelli Co. LLC.

Floor Decor plans store in Woodbridge

Floor Decor, which just announced a Paramus location, is also coming to a planned Woodbridge shopping center, according to real estate services firm R. J. Brunelli Co. LLC.

from NJBIZ - Retail http://ift.tt/2g7bejf
via IFTTT

Christie announces major 300M State House renovation

Gov. Chris Christie announced Tuesday that his administration plans to begin work on a 300 million renovation project for the State House in Trenton.

Sports Clips expands presence in N.J.

Sports Clips Haircuts is expanding its presence in New Jersey, according to Lyndhurst-based Ripco Real Estate.

from NJBIZ - Retail http://ift.tt/2gFJ4eZ
via IFTTT

Sports Clips expands presence in N.J.

Sports Clips Haircuts is expanding its presence in New Jersey, according to Lyndhurst-based Ripco Real Estate.

Elizabeth nonprofit cuts ribbon on new HQ

Community Access Unlimited, an Elizabeth-based nonprofit providing services to adults with disabilities and children served by the Department of Children and Families, on Tuesday cut the ribbon for its new headquarters building.

Homebuilding numbers tumble in October, report finds

Homebuilding permits declined statewide in October, with multifamily construction particularly feeling the pinch, according to a new report from CohnReznick.

Flooring retailer takes over former Sports Authority building in Paramus

Flooring and tile business Floor Dcor has signed a lease for a former Sports Authority building in Paramus, according to real estate services firm The Goldstein Group.

from NJBIZ - Retail http://ift.tt/2gsRgQu
via IFTTT

Flooring retailer takes over former Sports Authority building in Paramus

Flooring and tile business Floor Dcor has signed a lease for a former Sports Authority building in Paramus, according to real estate services firm The Goldstein Group.

Ogilvy CommonHealth renews lease at Parsippany complex

Health care marketing firm Ogilvy CommonHealth Worldwide has renewed its lease at the Morris Corporate Center III, moving to a new space at the Parsippany property, according to real estate services firm JLL.

Terreno Realty announces lease in East Rutherford

Terreno Realty Corp. , an industrial real estate company, announced Monday it has executed a building lease in East Rutherford.

The state of retail in New Jersey Still betting on bricks

Anyone that's had to pay a cable bill or pick up a new piece of equipment from their provider knows this room particularly well small, gray spaces with the workers doling out receipts and cable boxes, often from behind Plexiglas.

Law firm Connell Foley joining Lowenstein Sandler at Roseland office building in 2017

Connell Foley, one of New Jersey's largest law firms, is moving its headquarters to a new location in Roseland, it announced Monday.

The state of retail in New Jersey The big sales push

John Holub, president of the New Jersey Retail Merchants Association, has been studying and advocating for the retail industry in the state for over a decade.

from NJBIZ - Retail http://ift.tt/2gyNyrb
via IFTTT

The state of retail in New Jersey Schooled on service #8212 Walmart is making it a priority

Jacqueline Williams has been working at Walmart for 19 years, learning lessons from management and co-workers where she could find them.

from NJBIZ - Retail http://ift.tt/2fEZoLY
via IFTTT

The state of retail in New Jersey Still betting on bricks

Anyone that's had to pay a cable bill or pick up a new piece of equipment from their provider knows this room particularly well small, gray spaces with the workers doling out receipts and cable boxes, often from behind Plexiglas.

from NJBIZ - Retail http://ift.tt/2gyMQud
via IFTTT

The state of retail in New Jersey Changing the game

Today's consumers could order their breakfast from Starbucks via their smart phone, use a kiosk before enjoying table service over a business lunch at Panera Bread and pay for their family's dinner at Chili's without ever having to wait for a check.

from NJBIZ - Retail http://ift.tt/2fEY4sC
via IFTTT

Two sign leases at Glenpointe, while two others renew

Alfred Sanzari Enterprises said recently that it has completed four lease transactions at its Glenpointe complex in Teaneck.

Bed Bath Beyond buys PersonalizationMall.com for 190M

Union-based Bed Bath Beyond announced Wednesday it has acquired PersonalizationMall. com, a online retailer of personalized products, for approximately 190 million.

from NJBIZ - Retail http://ift.tt/2gaYvio
via IFTTT

Developer secures financing, construction starts on mixed-use project to include affordable housing in Vineland

A developer announced Wednesday has secured financing to construct a mixed-use project in Vineland.

from NJBIZ - Retail http://ift.tt/2gLjdHu
via IFTTT

Developer secures financing, construction starts on mixed-use project to include affordable housing in Vineland

A developer announced Wednesday has secured financing to construct a mixed-use project in Vineland.

Ripco inks 3 new leases at retail plaza in Secaucus

Ripco Real Estate, a Lyndhurst-based real estate brokerage, announced Wednesday three new leases at 101 Plaza Center in Secaucus.

Colliers appointed leasing agent for Fairfield office property

Belus Associates has named Colliers International Group Inc. as the exclusive leasing agent for an office property in Fairfield.

NAI Hanson brokers sale of two properties in Westwood

NAI James E. Hanson announced Tuesday it has brokered the sale of two properties in Westwood.

Levin says 2016 has been strong year for leasing

Commercial real estate services firm Levin Management Corporation said recently that it has experienced strong leasing volume in several Northeast and mid-Atlantic markets in 2016.

Del-Sano Contracting cuts ribbon on 86M River Vale senior housing project

Del-Sano Contracting Corp. announced Tuesday it has cut the ribbon on an affordable senior housing project in River Dale.

Real Estate Power 75 Changing times

The times are changing in New Jersey real estate. This means big changes in the NJBIZ Real Estate Power List, too, including an increase in the number of honorees from 50 to 75. To see who made it, read on.

Clifton office buildings sell for 13M-plus

A pair of Clifton office buildings has sold for 13. 35 million, according to real estate services firm Avison Young's New Jersey office.

DEVCO picks consultant to help with downtown park project

The New Brunswick Development Corporation has retained urban planning and redevelopment consultant Biederman Redevelopment Ventures to work on a planned Neilson Street park, Biederman said in a news release Monday.

Colliers tabbed as leasing agent for Fair Lawn offices

Colliers International Group Inc. has been chosen as the leasing agent for an office building in Fair Lawn, it announced recently.

NATC leases Class A office space in Mount Laurel

Wolf Commercial Real Estate announced Friday it has represented North American Title Co. in leasing a Class A office space in Mount Laurel.

FMERA purchases remaining Fort Monmouth properties

The Fort Monmouth Economic Revitalization Authority announced Thursday that it has purchased the remaining balance of Fort Monmouth from the U. S. Army.

NAR at ICSC RECon 2017

Each year NAR hosts a booth space at ICSC RECon along with partner Xceligent. Doing so is part of NAR’s strategy to provide our commercial real estate constituency with services and savings. NAR members are welcome to utilize the NAR booth as a “home base” during the event, book individual table space for deal-making meetings with clients, get personalized demos of Xceligent data... Read More

from RSS feed for Items tagged 'Commercial' http://ift.tt/2g0uVdk
via IFTTT

NAI Hanson arranges sale of Whole Foods in Morristown

NAI Hanson announced Wednesday it has brokered the sale of a Whole Foods in Morristown.

New co-working space, caf opens at Kearny Point

A co-working facility and caf has opened in Kearny, Hugo Neu, a recycler, and owner and redeveloper, announced Thursday.

Avison Young says it was busy with leases in Q3

Commercial real estate services firm Avison Young announced Wednesday that it arranged nearly 380,000 square feet worth of leases in New Jersey during the third quarter.

Liberty Science Center names three top execs to board

Three prominent New Jersey executives have joined the board of trustees of the Liberty Science Center, the organization announced recently.

HL Onlineparts leases industrial property in Linden

Bussel Realty Corp. announced Tuesday that HL Onlineparts Inc. has signed a lease at a 150,000-square-foot industrial property in Linden.

CBRE involved in series of real estate sales totaling more than 4.75M

CBRE Group Inc. announced Tuesday that it has completed four property sales throughout New Jersey and New York.

East Orange apartments fetch 27M

A trio of East Orange multifamily apartment buildings was sold for 27. 15 million, according to real estate brokerage Gebroe-Hammer Associates.

2016 shaping up as banner year for industrial development, CBRE says in report

The future looks bright for industrial development in New Jersey, particularly in the central part of the state, according to a recent report from CBRE Group Inc.

Japanese firm's U.S. unit buys majority stake in Hoboken's Waterfront Corporate Center III

Developer SJP Properties has sold a majority interest in its Waterfront Corporate Center III in Hoboken to the U. S. arm of a Japanese real estate firm, according to an announcement Tuesday.

Groundbreaking gives backers chance to tout perseverance behind One Theater Square project

Newark's first luxury residential high-rise in more than 50 years has begun construction and is anticipating significant interest from a priced-out New York City and Hudson County resident market.

Dumont laundromat extends lease, gets new owners

Dumont Laundry has new owners and extended its lease at 40 West Madison Ave. in Dumont, it announced Monday.

NAIOP New Jersey honors some of real estate industry's finest at awards dinner

NAIOP New Jersey, the state chapter of the national developers' trade association, honored a number of big names in New Jersey real estate community at its annual President's Awards and Hall of Fame Dinner, held last week at the Short Hills Hilton.

C-Town Supermarket opens in Newark

The Goldstein Group has placed A C-Town Supermarket in Newark, according to Chuck C. Lanyard, president of the retail real estate services company.

C-Town Supermarket opens in Newark

The Goldstein Group has placed A C-Town Supermarket in Newark, according to Chuck C. Lanyard, president of the retail real estate services company.

from NJBIZ - Retail http://ift.tt/2g7Je3h
via IFTTT

WCRE represents Giralda Properties in leasing, marketing office space in Turnersville

WCRE announced it has represented Giralda Properties LLC, an affiliated entity of Starkman Properties, in leasing and marketing an office suite in Turnersville.

Lincoln Equities Group explains how it lured Allergan to 5 Giralda

For Lincoln Equities Group, attracting pharmaceutical company Allergan's U. S. headquarters to 5 Giralda Place in Madison was an effort worth making.

Drink it up A Keurig for cocktails? Clinton's Walker feels BIBO Barmaid offers easy way to make mixed drinks at home

Debra Walker said she understands the guilt one might feel paying 10 for an appletini with a half-filled bottle of vodka left over from a party at home.

from NJBIZ - Retail http://ift.tt/2g9LkPz
via IFTTT

Building the future Industry icon Sanzari constructing new headquarters in Hackensack

Sitting at the head of the table and flanked by his son and daughter &#8212 both senior leaders in the construction company that bears his name &#8212 Joseph Sanzari proudly talked about the new headquarters he is building on a lot in Hackensack his company has owned for nearly four decades.

Working in harmony At Restaurant Serenade, Chef James Laird handles cooking while wife Nancy Sheridan Laird takes care of business

James Laird and Nancy Sheridan Laird are celebrating their 20th anniversary this year &#8212 in both marriage and business.

Retail center in Manchester sells for 1.575M

The two-building retail center known as GreenTree at Manchester, in the Ocean County township of that name, has been sold for 1. 575 million, according to real estate services firm Marcus Millichap.

Retail center in Manchester sells for 1.575M

The two-building retail center known as GreenTree at Manchester, in the Ocean County township of that name, has been sold for 1. 575 million, according to real estate services firm Marcus Millichap.

from NJBIZ - Retail http://ift.tt/2fJnuYi
via IFTTT

Logistics firm opens Sewell warehouse

A Philadelphia-based third-party logistics firm has opened a warehouse fulfillment center in South Jersey, it announced recently.

NAI Hanson brokers sale of lot in Randolph to house future landscape architecture company

NAI James E. Hanson, a New Jersey-based commercial real estate firm, announced it has brokered the sale of a lot in Randolph.

N.Y. developer closes on deal for Newark stadium

Lotus Equity Group has closed on its acquisition of the former Bears Eagles Riverfront Stadium in Newark, a major step toward a planned 2. 3 million-square-foot multipurpose development along Broad and Orange streets downtown.

Spiezle Architectural Group appoints CEO, president

Spiezle Architectural Group Inc. , an architectural, interior design and planning firm with offices in Trenton and Media, Pennsylvania, announced Thursday it has appointed a new CEO and president.

Two sign leases at Jersey City property

Two tenants have signed leases at the Element Flats building in Jersey City, according to real estate brokerage Joseph A. Del Forno Real Estate.

from NJBIZ - Retail http://www.njbiz.com/article/20161110/NJBIZ01/161119984&source=RSS
via IFTTT

Two sign leases at Jersey City property

Two tenants have signed leases at the Element Flats building in Jersey City, according to real estate brokerage Joseph A. Del Forno Real Estate.

Outdoor lighting business is sold

An outdoor lighting business has been sold to a private investor, according to Princeton-based business brokerage Benjamin Ross Group.

from NJBIZ - Retail http://www.njbiz.com/article/20161109/NJBIZ01/161109790&source=RSS
via IFTTT

Two sign leases at Cherry Hill office property, including publisher

Two tenants have signed leases for offices at a property in Cherry Hill, according to real estate firm NAI Mertz.

E-discovery firm accepts Grow NJ award, plans move to Jersey City

RVM Enterprises Inc. , an e-discovery technical solutions firm, has accepted a 10-year, 8. 1 million Grow New Jersey tax incentive from the state Economic Development Authority to move its headquarters from New York City to Jersey City, it announced Tuesday.

Marcus Millichap team has closed 30M in deals this fall

It has been a busy fall for a pair of vice presidents with Marcus Millichap, the real estate firm said, as they have closed 30 million in transactions since Labor Day.

from NJBIZ - Retail http://ift.tt/2fYdCw5
via IFTTT

Marcus Millichap team has closed 30M in deals this fall

It has been a busy fall for a pair of vice presidents with Marcus Millichap, the real estate firm said, as they have closed 30 million in transactions since Labor Day.

Fried chicken restaurant returns to New Brunswick

A Korean fried chicken restaurant is reopening in downtown New Brunswick, signing a lease for 2,900 square feet on George Street, according to Ripco Real Estate.

ES4 in Englewood has been fully leased, developer says

The 46,000-square-foot mixed-use office and retail property in Englewood known as ES4 is completely leased, according to developer The S. Hekemian Group.

from NJBIZ - Retail http://ift.tt/2fBDDgL
via IFTTT

ES4 in Englewood has been fully leased, developer says

The 46,000-square-foot mixed-use office and retail property in Englewood known as ES4 is completely leased, according to developer The S. Hekemian Group.

Marcus Millichap complete 1.6M sale of retail property

Marcus Millichap announced the sale of a retail property in Marlton for 1. 56 million, according to Brian C. Hosey, regional manager of the firm&#8217s New Jersey office.

NAI Hanson brokers retail lease in Bergenfield

NAI James E. Hanson, a New Jersey-based commercial real estate firm, announced Tuesday it has brokered a retail lease in Bergenfield.

80K sq.ft. ShopRite brings 300 jobs to South Plainfield

ShopRite has cut the ribbon on its new, 80,000-square-foot store in South Plainfield, it announced, bringing some 300 jobs to the borough.

Toys R Us names Priceline vet to head digital engineering team

Toys R Us Inc. , a Wayne-based toy retailer, announced it has appointed Priceline veteran Amit Poddar to head its digital engineering team.

from NJBIZ - Retail http://ift.tt/2fhxCGG
via IFTTT

Staffing, technical services company leases space in Haddon Heights

WCRE announced Friday it has represented 515 Grove Street Associates LLC in leasing and marketing The Grove Office Plaza in Haddon Heights.

Building the future Industry icon Sanzari constructing new headquarters in Hackensack

Sitting at the head of the table and flanked by his son and daughter &#8212 both senior leaders in the construction company that bears his name &#8212 Joseph Sanzari proudly talked about the new headquarters he is building on a lot in Hackensack his company has owned for nearly four decades.

On her own terms Flagg took over construction company after death of her husband

Zakiyyah Sheila Flagg had been a widow for fewer than 72 hours before she began receiving condolence phone calls from both clients and contractors &#8212 who were also requesting work and payment.

Dealing with diversity Princeton-based JZAD saw its business boom once it proved it could handle variety of projects

Any actor who gets typecast in a particular role runs the risk of growing stale if he can&#8217t break out into new horizons. Joshua Zinder, founder of JZ Architecture and Design, says the same thing is true in his industry architecture. He found that out firsthand.

Building connections Marlboro-based Surepath helps companies navigate complicated steps in development process

Here&#8217s the first thing you need to know about Surepath Construction, a small, family-run business in Marlboro approaching its 10th anniversary It doesn&#8217t actually do any construction.

Major global exporter opens in Lyndhurst

Y International, one of the biggest food and household importers of U. S. goods to the Persian Gulf region, celebrated the opening of its first U. S. warehouse last Thursday in Lyndhurst.

from NJBIZ - Retail http://ift.tt/2f8tmLO
via IFTTT

Commercial Real Estate Forecast in 2017 Is Strong

ORLANDO, Fla. (November 4, 2016) — Sustained by improving job growth and strong demand for multifamily housing, commercial real estate has been steadily recovering in recent years. Looking ahead to 2017, growth is expected to flow into the smaller markets, according to a commercial real estate forecast session today at the 2016 REALTORS® Conference & Expo.

Lawrence Yun, NAR chief economist, and K.C. Conway, senior vice president of credit risk management at SunTrust Bank, expressed... Read More

from RSS feed for Items tagged 'Commercial' http://ift.tt/2flej1W
via IFTTT

November 2016 Economic and Commercial Real Estate Outlook

Download (PPT 5.75MB)

These slides are from the Economic and Commercial Real Estate Outlook presentation given by Lawrence Yun during the Commercial Economic Issues & Trends Forum at the REALTORS® Conference & Expo in Orlando, FL, on November 4, 2016. 

from RSS feed for Items tagged 'Commercial' http://ift.tt/2fMnOaS
via IFTTT

Kislak completes 12.25M worth of multifamily sales in Elizabeth

The Kislak Co. Inc. announced the recent sale of five multifamily properties in Elizabeth totaling approximately 12. 25 million.

REMAX buying its New Jersey franchise, reportedly for 45M

Real estate franchisor REMAX LLC is purchasing the master franchise for the Garden State from REMAX of New Jersey Inc. , it announced Thursday.

Recycler of electronic waste leases space in Lincoln Park

The Stro Cos. announced Thursday it has leased an industrial space to ERI, a recycler of electronic waste.

Sitar Realty involved in series of real estate sales

Iselin-based Sitar Realty Co. was involved in a series of recent real estate transactions, it announced.

From office space to logistics Sudler tears down Cranbury building to make room for warehouses

The shift in development from office space to logistics has come to Cranbury, as the Sudler Companies announced Thursday it is demolishing a former insurance headquarters to build a pair of speculative warehouse properties.

WorkSocial creates co-working space in Jersey City, leasing 6,000 sq.ft. in office tower

A co-working space company, WorkSocial, has signed a lease at an office tower in Jersey City's downtown to use as shared space, according to real estate services firm CBRE Group Inc.

NAI Hanson brokers industrial building sale in Moonachie

NAI James E. Hanson announced Thursday it has brokered the sale of an industrial building in Moonachie.

Newark launches fiber-optic internet connection at 2 Gateway Center

The internet just got a whole lot faster in Newark, as the city announced the official launch Wednesday of Newark Fiber, a high-speed, commercially available fiber-optic connection at 2 Gateway Center.

SJP Properties signs new office lease at Morris Corporate Center in Parsippany

SJP Properties announced Wednesday that CRC Insurance Services has signed a new office lease at the Morris Corporate Center IV in Parsippany.

Hartz Mountain, Tocci team up again in Secaucus

Tocci Building Companies, a Boston-area construction firm with an office in Iselin, announced the completion of a Secaucus apartment project it worked on for Hartz Mountain Industries.

HFF closes sale on apartment property in Riverdale

Holliday Fenoglio Fowler L. P. announced Wednesday it has closed on the sale of a mid-rise apartment property in Morris County.

Colliers named leasing agent for office tower in Newark

Colliers International has been named by Heritage Capital Group as the exclusive leasing agent for an office tower in Newark.

Sanzari renews 2 leases at Heights Plaza in Hasbrouck Heights

Two companies at the Heights Plaza in Hasbrouck Heights have renewed their leases, Alfred Sanzari Enterprises announced Wednesday.

Iselin mortgage lender buying California firm

HomeBridge Financial Services Inc. , an Iselin-based independent mortgage lender, has signed a definitive agreement to buy the operating assets of Prospect Mortgage LLC, it announced recently.

Terreno Realty acquires building in North Jersey

Terreno Realty Corp. , an industrial real estate company, announced Wednesday it has acquired an industrial property in northern New Jersey.

Medical communications company moves to new HQ space in North Jersey

Global medical communications company Health Wellness Partners announced it has moved to a new headquarters space in northern New Jersey.

Final building at Jersey City apartment complex is leased up

Real estate company Building and Land Technology announced Tuesday that The Hague, the sixth and final apartment building in The Beacon complex in Jersey City, has fully leased up six months after it entered the market.

Novitium Pharmaceuticals relocates to East Windsor adds jobs

Novitium Pharmaceuticals has relocated to East Windsor from a small facility in South Plainfield, according to East Windsor Mayor Janice S. Mironov.

Colliers completes sale of industrial building in West Deptford

Colliers International announced Tuesday it has completed the sale of an industrial building in West Deptford.

Eastern Union brings app technology to its commercial real estate clients

Technological disruption and commercial real estate may seem, at least instinctively, mutually exclusive.

Bussel Realty completes more than 25K sq.ft. of transactions

Bussel Realty Corp. , a corporate and industrial real estate services firm, announced that it has completed more than 25,223 square feet of industrial transactions.

October 2016 Business Creation Index

Download (PDF 1.56MB)

The new Business Creation Index (BCI) was created to monitor local economic conditions from the perspective of NAR’s commercial members. The quarterly report offers insight from commercial real estate professionals into whether businesses are opening or closing by industry, population density, and subregion. On a monthly basis, it tracks three key questions related to local market conditions: 

1. An increase of businesses opening in local... Read More
   
   from RSS feed for Items tagged 'Commercial' http://ift.tt/2eXvrrx
   via IFTTT