Health beverage company moving to South Hackensack

A maker and distributor of health beverages has a new home in South Hackensack, according to real estate services firm NAI James E. Hanson.

Lakewood medical supply e-store makes a purchase

AvaCare Medical, an online medical supply store based in Lakewood, has acquired Medical Scrubs Collection, an online supplier of clothing for the health care industry, it announced Wednesday.

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CW arranges recapitalization of Livingston office complex

Cushman Wakefield announced Wednesday that its Metropolitan Area Capital Markets Group has arranged the recapitalization of the Eisenhower Corporate Campus in Livingston.

Hackensack apartment complex fetches 6.1M

A Hackensack apartment complex has been sold for 6. 1 million, according to real estate brokerage The Kislak Co. Inc.

Bobbi Brown to step down from company after 25 years

It's been a quarter century of success, but Bobbi Brown has announced she is leaving the brand that bears her own name.

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NAI Hanson negotiates industrial lease in Englewood

NAI James E. Hanson, a New Jersey-based commercial real estate firm, has negotiated an industrialflex space lease in Englewood.

KDA arranges N.J. building lease for Manhattan Range Rover facility

Kalmon Dolgin Affiliates announced Wednesday that Manhattan Ranger Rover has leased space in Secacus.

CBRE arranges sale of two buildings in N.J. for 25.5M

Two buildings in New Jersey &#8212 a Lowe's in Voorhees and a Walgreens in Matawan &#8212 have been sold by CBRE for a combined total of 25. 48 million, the commercial real estate services company announced Thursday.

CBRE arranges sale of two buildings in N.J. for 25.5M

Two buildings in New Jersey &#8212 a Lowe's in Voorhees and a Walgreens in Matawan &#8212 have been sold by CBRE for a combined total of 25. 48 million, the commercial real estate services company announced Thursday.

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Rutgers Center for Real Estate taps industry vet as new executive director

The Center for Real Estate at Rutgers University announced it has appointed Kevin Riordan as its new executive director.

Bridge Development sells industrial building in Union

Bridge Development Partners LLC announced it has sold a Class A industrial building in Union for 46. 5 million.

Developer Waseem Boraie debunks 5 myths about doing business in A.C. after breaking ground on 81M project

Boraie Development broke ground this month on The Beach at South Inlet in Atlantic City, an 81 million residential complex that is the first market-rate apartment project to go up in the city in decades.

UMH Properties completes acquisition of Ohio community

Freehold-based real estate investment trust UMH Properties Inc. announced Monday that it has closed on a 4. 33 million acquisition of a community in Ohio.

Ultimate golf center opening its doors Friday in Edison

Topgolf International, a global golf entertainment leader, announced Tuesday that it will open its Edison location this Friday.

AHS, Kindred plan to build inpatient rehab hospital in North Jersey

Atlantic Health System announced a definitive agreement with national post-acute care organization Kindred Healthcare, Inc. , to build a 38-bed inpatient rehabilitation hospital in North Jersey.

WCRE represents buyer of flex property in Delran

WCRE announced Monday it has represented 1835 Underwood LLC in its acquisition of a flex building in Delran.

Leasing to begin at Journal Squared next month

With the first of three residential towers situated next to the Journal Square PATH station in Jersey City now complete, the mixed-use Journal Squared project will begin leasing rental space next month.

December Business Creation Index

Download (JPG, 441KB)

The information in this infographic comes from the December 2016 Business Creation Index, which monitors local economic conditions from the perspective of NAR’s commercial members. 

More Information

• Read the December Business Creation Index report.

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December 2016 Business Creation Index

Download (PDF 1.26MB)

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
   
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CBRE facilitates 867K sq.ft. of industrial leasing activity for Prologis

CBRE Group Inc. announced Thursday it has facilitated approximately 867,500 square feet of industrial leases on behalf of Prologis in two separate transactions in New Jersey.

Retail property in North Plainfield sells for 5.1 million

Marcus Millichap announced the sale of a retail property in North Plainfield for 5. 1 million, according to Brian C. Hosey, regional manager of the firm&#8217s New Jersey office.

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Marcus Millichap arrange 1.6M sale of office building in Elizabeth

Marcus Millichap arranged an office building sale located in Elizabeth, according to Brian C. Hosey, regional manager of the firm&#8217s New Jersey office.

Retail property in North Plainfield sells for 5.1 million

Marcus Millichap announced the sale of a retail property in North Plainfield for 5. 1 million, according to Brian C. Hosey, regional manager of the firm&#8217s New Jersey office.

JAG Physical Therapy lease brings Chatham shopping center to full occupancy

JAG Physical Therapy&#8217s new lease at a Chatham shopping center will bring the center to fully occupancy, Levin Management Corp. , the center&#8217s exclusive leasing and managing agent, announced Thursday.

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JAG Physical Therapy lease brings Chatham shopping center to full occupancy

JAG Physical Therapy&#8217s new lease at a Chatham shopping center will bring the center to fully occupancy, Levin Management Corp. , the center&#8217s exclusive leasing and managing agent, announced Thursday.

QuickChek honored as Foodservice Innovator of the Year

QuickChek announced Wednesday it has been named Convenience Store News' 2016 Foodservice Innovator of the Year.

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Burn-care product manufacturer renews HQ, production facility lease in Carlstadt

WATER-JEL Technologies has renewed its lease in Carlstadt, according to Colliers International Group Inc.

Media panel discusses how to successfully land business news coverage

Bell Works hosted a panel discussion Wednesday aimed at helping businesses understand what it means to prepare for an interview with a media outlet.

Century Marketing leases industrial property in South Plainfield

Century Marketing, an electronics and marketing communications company, has leased an industrial property in South Plainfield, according to Bussel Realty Corp.

Weichert names president of its franchise division

Weichert Real Estate Affiliates Inc. has named a new president and chief operating officer, it announced Wednesday.

Ribbon-cutting held for opening of child care center in East Windsor

Lightbridge Academy owners and operators, East Windsor Township Mayor Janice S. Mironov and council members John Zoller and Alan Rosenberg, held a ribbon-cutting ceremony to celebrate the grand opening of a child care center in East Windsor.

Toys R Us losses narrow in Q3, despite lower sales

Toys R Us said Tuesday that it narrowed net and operating losses in 2016's third quarter, despite consolidated net sales slipping.

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Avison Young arranges sale of land site in Perth Amboy

Avison Young, a commercial real estate services firm, has arranged the sale of an undeveloped 26-acre land site in Perth Amboy, it announced Tuesday.

Transwestern says N.J.'s industrial market is stable despite external factors

A report released by the real estate firm Transwestern states that the industrial market in New Jersey has remained stable during the third quarter of 2016, despite the change in the political landscape due to the results of the general election.

Pure Barre continues to expand in N.J.

Pure Barre, a specialty fitness franchise, is expanding once again in New Jersey, according to Ripco Real Estate.

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Pure Barre continues to expand in N.J.

Pure Barre, a specialty fitness franchise, is expanding once again in New Jersey, according to Ripco Real Estate.

Woodmont, Roseland begin construction on final piece in Morristown project

Construction has begun on the Metropolitan Lofts luxury apartment building in Morristown, according to developers Woodmont Properties and Roseland Residential Trust.

Mixed-use property in Orange fetches nearly 1.6M

Marcus Millichap announced the sale of a 13,500-square-foot mixed-use property located in Orange for 1. 575 million, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

Gebroe-Hammer finding success in North Jersey multifamily market, it says

The North Jersey multifamily market is heating up, according to Gebroe-Hammer Associates, and the Livingston-based real estate firm is taking advantage.

North Jersey apartment market thriving, Marcus Millichap report says

Go West, young apartment renter That's the message from Marcus Millichap's most recent Multifamily Research Market Report for northern New Jersey.

NAI Mertz to handle leasing of Berlin offices

NAI Mertz has been awarded the exclusive leasing assignment for an office complex in Berlin, it announced recently.

Developer Waseem Boraie debunks 5 myths about doing business in A.C. after breaking ground on 81M project

Boraie Development broke ground this month on The Beach at South Inlet in Atlantic City, an 81 million residential complex that is the first market-rate apartment project to go up in the city in decades.

Winter 2016: Networthing: Understanding Trends, Connecting With Success

Table of Contents

• Thank You & Farewell: A Final Note From 2016 NAR President Tom 
• Research: U.S. Commercial Real Estate Markets Offer Solid Returns
• Member Perspective: Never Eat Alone - Your Network is Your Networth
• ... Read More
  
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Colliers to market auto dealership in Atlantic County

Colliers International announced Monday it has been selected to market an auto dealership in Pleasantville.

Toys R Us changes its treasury department

Toys R Us Inc. announced Friday some changes to its treasury department.

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Allstate leases 63K sq.ft. Bridgewater office building

Allstate Insurance Co. has leased a 63,000-square-foot office building in Bridgewater, according to real estate services firm JLL.

Two Riverfront in Newark, home of Panasonic, sold for reported 165M

Newark's Two Riverfront Plaza, home of Panasonic Corp. of North America, has been sold, the developers announced Wednesday.

VNA Health Group moving HQ to Vonage's Holmdel campus

VNA Health Group is moving from Red Bank to Vonage's Technology Center of Excellence in Holmdel, the two companies announced Wednesday.

Logistics firm signs lease for 343K sq.ft. off of Interchange 8A

Short Hills-based commercial real estate brokerage The Blau Berg Co. negotiated a lease for a global logistics firm in the Interchange 8A submarket, it announced Wednesday.

NGKF absorbs Basking Ridge-based project management team

The real estate advisory firm Newmark Grubb Knight Frank has added a New Jersey-based project management team to its roster of employees, it announced Wednesday.

Liberty Property Trust to begin construction on Camden Waterfront project

Liberty Property Trust announced late Monday that it plans to immediately begin construction on the first phase of its 1 billion, mixed-use complex on the Camden Waterfront after completing the necessary assemblage of land and development rights.

Kislak brokers 8.7M worth of deals in Hudson County

The Kislak Co. Inc. has brokered the sale of six investment properties in Hudson County for a combined 8. 7 million, it announced Monday.

Rutgers announces certificate program in real estate development, redevelopment

Rutgers University, through its Rutgers Business School Center for Real Estate and Edward J. Bloustein School of Planning and Public Policy, is offering a new graduate certificate in real estate development and redevelopment, it announced recently.

Location, location, location JMF keeps transit options in mind as it builds

A focus on transit-oriented development is paying off in a big way for Whippany-based JMF Properties, which is working on four new projects and on the verge of both a fifth development and a major lease-up, it said recently.

Triple Five unveils new design for American Dream VIDEO

It appears to be time to say goodbye to the multicolored monstrosity in the Meadowlands.

Triple Five unveils new design for American Dream VIDEO

It appears to be time to say goodbye to the multicolored monstrosity in the Meadowlands.

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WCRE represents First Montgomery Group in office building sale

WCRE announced Friday it has represented First Montgomery Group in the sale of an office building in Marlton.

First Montgomery Group relocates HQ sells office in Marlton

WCRE announced Friday it has represented First Montgomery Group in the sale of an office building in Marlton.

Alfred Sanzari Enterprises buys Metuchen apartment complex

Alfred Sanzari Enterprises has acquired a new apartment complex in Metuchen, it announced last week.

Going Global Trade deal debate runs deep

Leo Cervantes knows about struggles, personally and professionally.

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Gebroe-Hammer arranges string of Monmouth County multifamily sales

Gebroe-Hammer Associates has completed a series of real estate sales in Monmouth County, it announced Friday.

Hampshire Cos. acquires Mass. retail property

The Hampshire Cos. , a full-service, private real estate investment firm based in Morristown, announced its acquisition of an 84,360-square-foot BJ's Wholesale Club in Quincy, Massachusetts.

Hampshire Cos. acquires Mass. retail property

The Hampshire Cos. , a full-service, private real estate investment firm based in Morristown, announced its acquisition of an 84,360-square-foot BJ's Wholesale Club in Quincy, Massachusetts.

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R.J. Brunelli announces leases for Dollar Tree, Verizon, Massage Envy and more

R. J. Brunelli Co. LLC announced Thursday that it has completed a series of leases that will introduce a number of national retailers, restaurants, automotive and personal service companies to areas around the Garden State.

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R.J. Brunelli announces leases for Dollar Tree, Verizon, Massage Envy and more

R. J. Brunelli Co. LLC announced Thursday that it has completed a series of leases that will introduce a number of national retailers, restaurants, automotive and personal service companies to areas around the Garden State.

Voice for Real Estate: Retirement, Lame-Duck, Commercial

Don't expect Congress to do much as it finalizes its session before the end of 2016. Next year, though, is shaping up to be huge for real estate as lawmakers gear up to tackle tax reform, reform of Fannie Mae and Freddie Mac, and flood insurance. On tax reform, key commercial real estate incentives could face major revamping, These include property depreciation, 1031 exchanges, and carried interest. What's more, overall tax rates could be lowered, business interest expensing reduced, and infrastructure spending beefed up. The video also looks at what NAR is doing to help its... Read More

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Retail development coming to Bridgewater to be anchored by Whole Foods

A new development is coming to Bridgewater, and it&#8217ll be anchored by a Whole Foods, the developer of the project said on Thursday.

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Retail development coming to Bridgewater to be anchored by Whole Foods

A new development is coming to Bridgewater, and it&#8217ll be anchored by a Whole Foods, the developer of the project said on Thursday.

Ribbon-cutting held for grand opening of luxury apartment building in Hoboken

Advance Realty representatives and officials from Hudson County and Hoboken held a ribbon-cutting ceremony to celebrate the grand opening of a luxury apartment building in Hoboken.