Winners and losers of tax reform

The effects of the new tax reform vary greatly on a number of factors. The following is a list of those who will benefit from the legislation, and those who stand to lose big in the coming years.

NJ among biggest losers in tax reform, say trade groups, mayors

State politicians and trade groups have all railed against the new Tax Cuts and Jobs Act, saying it will ultimately drive down home prices and cause people to move out of New Jersey.

Zimmel inks four leases at Raritan Center

Brokerage firm Zimmel Associates announced it has inked four office leases at the Raritan Center in Edison.

Christie signs order requiring municipalities to accept 2018 tax payments early

Chris Christie, in one of his last moves as governor, signed an executive order to help ease the immediate blow of the recently passed Tax Cuts and Jobs Act.

Brooklyn Bagelry, Frutta Bowls signs leases near Aberdeen train station

Brokerage firm Pierson Commercial Real Estate recently announced it signed two retail tenants at the newly built Link at Aberdeen Station.

NAI Hanson completes transactions in Bergen County

Brokerage firm NAI James E Hanson recently announced it completed two transactions in Elmwood Park and Rutherford. The firm brokered a medical office lease in Rutherford and an industrial sale in Elmwood Park.

NJHMFA executive director to step down

After serving for more than seven years as the New Jersey Housing and Mortgage Finance Agency HMFA Executive Director, Anthony Marchetta, will be stepping down at the end of the month, the New Jersey HMFA announced today.

Cushman Wakefield arrange sale, financing in Northern NJ

Brokerage firm Cushman Wakefield recently announced the sale of a 517,466-square-foot office property in Parsippany and arranged the financing of a property in Woodcliff Lake.

Big retail, local artisans sound off on the benefits of partnership

When Trisha Bailey started her soap business four years ago, she never expected to see her product on the shelves of a brick and mortar store &#8212 much less a national chain like West Elm.

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Highview Homes, BNE combine for transit village in Aberdeen Start of leasing at Link at Aberdeen Station marks significant milestone for all parties

What was once a 20-acre site with a number of dilapidated warehouses and unused space joined with the Aberdeen-Matawan NJ Transit station will now be home to over 270 residential units. It is aptly named The Link at Aberdeen Station.

Trenton among top 10 rising housing markets Camden remains in decline

Trenton is among the top 10 regional housing markets in which home prices are continuing to rise above the long-term average rise in housing prices, according to Nationwide Insurance's most recent Health of Housing Markets Report.

Berger Organization plans major renovations to downtown Newark office tower

Berger Organization announced recently that a 450,000-square-foot office tower in downtown Newark is currently in the planning stages for extensive renovations.

Moving services firm to relocate to NJ from Staten Island

Commercial moving service firm Total Relocation Services has purchased a 20,095-square-foot industrial building in Irvington, brokerage NAI Hanson recently announced.

Sanitas to open first NJ center in collaboration with Horizon BCBSNJ

Sanitas Medical Center, an independent health care organization, will open the first of three medical centers in New Jersey on Monday during a ribbon cutting ceremony in collaboration with Horizon Blue Cross Blue Shield of New Jersey.

JLL to lease office building in Woodcliff Lake

Developer Hudson Equities recently announced it has selected JLL as the exclusive leasing agent for the 240,000-square-foot office building at 300 Tice Blvd.

Have a holly, jolly, opulent holiday season

Looking to put that special someone in the lap of luxury this holiday season? What follows are some exotic gift ideas that can be had without ever leaving the Garden State.

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Coalition sends Murphy its plan to find land

Restoration of the Urban Enterprise Zone, re-examination of the Garden State Growth Zones and changes to New Jersey&#8217s Economic Redevelopment and Growth Program were among the recommendations for Gov. -elect Phil Murphy put forth by the Smart Growth Economic Development Coalition at an event held Dec. 5 by NAIOP New Jersey.

Louis Berger tackles next disaster Puerto Rico

When Tom Lewis recently touched down in hurricane-ravaged Puerto Rico, what he saw on the way from the San Juan airport to the hotel where he and his team were headed seemed almost normal. The president of Louis Berger&#8217s U. S. division noticed some signs of damage &#8211 such as nonoperational traffic lights &#8211 but for the most part,. . .

Marcus Millichap Multifamily boom to continue through Q4, 2018

In its recently released Q4 2017 Local Apartment Report for northern New Jersey, brokerage firm Marcus Millichap said it expects the boom in multifamily to continue through Q4 and into 2018.

Construction metric indicates strong economy

The Associated Builders and Contractors&#8217 ABC reported that the Construction Backlog Indicator CBI set a record as it expanded to 9. 45 months during the third quarter of 2017, up 9. 8 percent from the second quarter to the longest backlog reading in the eight-year history of the series. CBI is up by 0. 8 months, or 9. 2 percent, on a. . .

MonGroup Properties completes leasing at Jaclyn Heights

Developer MonGroup Properties announced its final phase of Jaclyn Heights in West New York has been fully leased. The property, located at 5817 Jefferson Street, added 40 new rentals to the Jaclyn Heights complex and leased up within six months.

Bill Hanson named to 2018 NAI Global Leadership Board

NAI James E Hanson&#8217s president William C Hanson has been named to the Strategic Leadership Committee for the 2018 NAI Global Leadership Board, the brokerage firm recently announced.

Jefferson Cherry Hill Hospital wins Interior Design magazine competition

The design of the new Jefferson Cherry Hill Hospital Medical Office Building in Cherry Hill won an award in Interior Design magazinersquos Best of Year BoY Awards, beating out four other. . .

Kislak closes 140-unit sale in East Orange

Brokerage firm The Kislak Company announced today it completed the sale of several units across seven assets totaling 11. 75 million in East Orange. The brokerage worked exclusively on behalf of the seller, for the units located at 30 Beech Street, 46 South Arlington Avenue,. . .

CBRE completes sale of Oak Hill Park in Wayne

CBRE's team of Jeffrey Dunne, Jeremy Neuer and Travis Langer of CBRE Institutional Properties recently completed the sale of a 122,426-square-foot building in Wayne, the firm announced.

The ties that bind Brothers build bow tie business with grandfather's legacy in mind

What's old is new again. At least, that's what three brothers from Vernon have been counting on since founding a handmade bow tie business in honor of their late grandfather.

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The Lawbook Exchange renews lease in Clark

Developer Denholtz Associates recently announced The Lawbook Exchange has renewed its lease for 11,700 square feet at the Clark Commercial Center located at Central and Terminal avenues in Clark.

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Pharmaceutical services company opens new operational facility in South Brunswick

Woodfield Distribution WDSrx, a Florida-based pharmaceutical logistics provider, is opening a 63,500-square-foot space in South Brunswick.

The Lawbook Exchange renews lease in Clark

Developer Denholtz Associates recently announced The Lawbook Exchange has renewed its lease for 11,700 square feet at the Clark Commercial Center located at Central and Terminal avenues in Clark.

Princeton to get its first athletic lifestyle resort in Spring 2018

Life Time, a fitness and wellness company, announced recently it plans to open the first athletic lifestyle resort in the PrincetonPlainsboro area in Spring 2018.

Lukas Berube Healthy Pet Market to open in Montclair

The farm to table movement of the last few years is making its way to pet food bowls in Montclair this Friday as Lukas Berube Healthy Pet Markets celebrates its grand opening at 15 S. Fullerton Ave. The store aims to satisfy the growing demand for healthy, nutritious pet foods and unconventional pet products for the surrounding communities.

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Lukas Berube Healthy Pet Market opening in Montclair

The farm to table movement of the last few years is making its way to pet food bowls in Montclair this Friday as Lukas Berube Healthy Pet Markets celebrates its grand opening at 15 S. Fullerton Ave. The store aims to satisfy the growing demand for healthy, nutritious pet foods and unconventional pet products for the surrounding communities.

Eastern Union Funding launches new affiliated buyer division driven by success of affiliated brokers

Building on the success of its Affiliate Broker Division, Eastern Union Funding, a Howell-based commercial real estate mortgage brokerage firm, announced it has launched a new initiative the Affiliate Buyer Division.

Onyx Equities, Garrison Investment Group adds 285K sq. ft. to Bergen portfolio

A joint-venture between Onyx Equities and Garrison Investment Group announced Wednesday the acquisition of the leasehold interest in 61 South Paramus Road in Paramus. The joint-venture acquired the 285,000-square-foot office building from Mack-Cali.

JLL completes sale of One Newark Center for Mack-Cali, Praedium Group

Two days after NJBIZ reported on Cushman Wakefield securing 66 million in financing for Beijing Ideal Group, JLL announced it completed the sale of One Newark Center on behalf of Mack-Cali and The Praedium Group.

Jersey City welcomes its first table tennis club

Jersey City is welcoming its first table tennis club, Wang Chen Table Tennis Club, which will occupy 3,100 square feet at 31 River Drive, Newport Associates Development Group announced.

KV Realty's luxury unit project in Little Falls reports strong opening

Developer KV Realty LLC recently announced its 34-luxury unit project in downtown Little Falls, 44 Main, has reached 50 percent leased. The developer, who is working alongside Value Asset Management reached the milestone shortly after the building was officially opened.

Woodmont Properties executive named to Murphy's transition team

Developer Woodmont Properties announced Tuesday that executive vice president and general counsel Stephen Santola has been named to Gov. -elect Phil Murphy&#8217s transition team. Santola will serve in Murphy&#8217s housing advisory committee.

Alexander Property Holdings attracts tenants with Uber amenity

Gabe Alexander, CEO and founder of Alexander Property Holdings said he thinks 9 Polito Ave. in Lyndhurst has the potential to lead the charge in a new form of investment.

Real Estate Power 50 New Jersey real estate is firing on all cylinders

The NJBIZ Real Estate Power 50 lists professionals at the top of their game whose experience, determination, connections and business savvy are driving the dynamism that is real estate in northern, central and southern New Jersey today.

Avison Young arranges sale in Bridgewater

Real Estate firm Avison Young recently announced it arranged the sale of a 46,000-square-foot industrial building in Bridgewater.

Cushman Wakefield arranges financing for One Newark Center

Real estate firm Cushman Wakefield announced Friday that it served as the exclusive advisor to Beijing Ideal Property Development Co. in arranging 66. 58 million in financing for One Newark Center.

Concrete manufacturer, CPA firm expand in Fair Lawn

Real Estate brokerage firm Pagano Company recently announced it negotiated two lease expansions in Fair Lawn with ULMA Form Works Inc. and Bushoven Company CPAs.

Baker Building sign of emerging western sections

The vantage point from developer John D. Fio Rito's office inside the Baker Building is indicative of Jersey City's growth. Look to the right and you can see the contemporary steel towers populating the local waterfront and Manhattan's. To the unsuspecting eye, it appears to meld into one continuous skyline. To the left, you see the expanse of the. . .

QA with McGovern, managing partner at Connell Foley 'This is not my old Jersey City'

Phil McGovern is not shy about telling you his street address, church parish and the Jersey City neighborhood he grew up in. The managing partner at the law firm Connell Foley fondly recalls the vibrant mix of ethnicities and middle-class working folk that gave the city its character. McGovern has stayed close to his roots, even as he has built a. . .

Despite strong Black Friday, retail rethink must continue

The numbers indicate Black Friday was something for which retailers could be thankful. And most tellingly, more shoppers were perusing deals on their phones while their turkey digested than were lining up for Friday&#8217s door busters.

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Off the waterfront Incentivizing new growth in Jersey City

Jersey City wants to broaden its development plans and is looking at a variety of ways to do so. And with Mayor Steve Fulop&#8217s re-election recently secured, the game plan at City Hall is to encourage a replication of the success downtown and along the waterfront with projects in the city&#8217s western sections.

Snack Innovations moves to Middlesex County with EDA help

Yet another food company in search of more space made the trans-Hudson jump from New York to New Jersey recently, according to the New Jersey Economic Development Authority.

R.J. Brunelli announces several leases throughout NJ

Brokerage firm R. J. Brunelli Co. recently announced the completion of several leases throughout the state.

R.J. Brunelli announces several leases throughout NJ

Brokerage firm R. J. Brunelli Co. recently announced the completion of several leases throughout the state.

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SeaCube Container Leasing names chief commercial officer

Woodcliff Lake-based SeaCube Container Leasing Ltd. , a global container leasing company, announced Wednesday it has named Jim Kachidurian its new chief commercial officer.

Adventure Crossing project seeks to bring more sports to NJ

Cardinale Enterprises&#8217 multiphase plan to build two hotels, an indoor recreational facility and outdoor dome recreational facility on a 75-acre site in Jackson was approved by the town&#8217s planning commission on Nov. 29.

Diggerland breaks ground on first expansion since 2014 opening

Diggerland is always breaking ground. After all, the construction-themed amusement park &#8212 the only of its kind in North America &#8212 lets adults and children operate tractors, trucks and excavators on 14 acres in West Berlin.

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Diggerland breaks ground on first expansion since 2014 opening

Diggerland is always breaking ground. After all, the construction-themed amusement park &#8212 the only of its kind in North America &#8212 lets adults and children operate tractors, trucks and excavators on 14 acres in West Berlin.

Gebroe-Hammer announce transactions in East, West Essex

Brokerage firm Gebroe-Hammer Associates recently announced four transactions totaling 18. 35 million throughout East and West Essex.

Vanguard Medical Group expands to serve Montclair area

Vanguard Medical Group, a multisite primary care practice focused on serving northern and central New Jersey, announced it has opened its eighth location in Glen Ridge.

Audible celebrates anniversaries in Newark with city students, teachers

Amazon subsidiary Audible Inc. celebrated its 20th anniversary of service and its 10th anniversary in Newark with free memberships and Amazon Fire tables for all Newark high school students and teachers.

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Russo hosts ribbon cutting for luxury development in Waldwick

A joint venture between developers Dinallo Construction Corp. and Russo Development recently held a ribbon cutting ceremony at DR Waldwick, a 110-unit luxury development in Waldwick proximal to the town&#8217s NJ Transit train station.

Audible celebrates anniversaries in Newark with city students, teachers

Amazon subsidiary Audible Inc. celebrated its 20th anniversary of service and its 10th anniversary in Newark with free memberships and Amazon Fire tables for all Newark high school students and teachers.

Here are the most tax-friendly places for retirees in NJ, according to SmartAsset

SmartAsset, a financial technology company, released its third annual study on the most tax friendly places for retirees. A more focused look at residents in the Garden State. . .

Cardinale Enterprises seeks zoning variance for Jackson athletic complex, hotel

Jackson-based developer Cardinale Enterprises will seek to obtain a zoning variance to move forward with plans for a sports complex and hotel near Six Flags on Wednesday.

Exclusive LM Development announce coworking tenant at Hahne Co.

New Orleans-based coworking business Launch Pad has become the latest tenant at the Hanhe building, NJBIZ has learned from developer LM Development Partners.

The ties that bind Brothers build bow tie business with grandfather's legacy in mind

What's old is new again. At least, that's what three brothers from Vernon have been counting on ever since they resurrected their late grandfather's handmade bow tie business.

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Local fulfillment company clicks with record-breaking Black Friday, Cyber Monday

As consumers spent the weekend clicking &#8220confirm&#8221 in their online shopping carts, the floor at Dotcom Distribution was abuzz with round-the-clock order fulfillment.

Purveyor of Italian foods Buon'Italia expands to Jersey City with help of EDA

Lower Manhattan staple Buon&#8217Italia has found a second home in Jersey City, thanks to funding from New Jersey Economic Development Authority&#8217s EDA Premier Lender Program.

Arby's purchases Buffalo Wild Wings for 2.9B

Arby&#8217s has acquired Buffalo Wild Wings for 2. 9 billion, the two companies jointly announced Tuesday.

Arby's purchases Buffalo Wild Wings for 2.9B

Arby&#8217s has acquired Buffalo Wild Wings for 2. 9 billion, the two companies jointly announced Tuesday.

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Embracing urbanization With 52 Extra Space Storage projects completed, Hampshire continues to embrace investment in self-storage

While The Hampshire Companies has dabbled with self-storage for over two decades, and it&#8217s the new emphasis on that industry what makes the Hampshire&#8217s strategy noteworthy.

16 years later Tristate Ventures moves forward with 55 community at Garden State Park Racetrack site

Even though it has been 16 and a half years since the Garden State Park in Cherry Hill hosted its last horse race, the land it has not sat dormant for even a second.

Somerset Development names director of operations

Developer Somerset Development recently announced it has named Robert Feinberg its new director of operations.

Goldfish Swim School opens at Livingston Circle

Developer Eastman Companies recently announced the opening of water safety and swim lesson school Goldfish Swim School at The Shoppers at the Livingston Circle. The 8,100-square-foot facility joins

iCIMS cuts ribbon at Bell Works location

Holmdel Township Mayor Gregory Bountempo joined executives from Somerset Development and iCIMS at the ceremonial opening of talent acquisition firm iCIMS new location at Bell Works.

Small business Saturday to benefit NJ consumers and businesses

Mom and pop shops around New Jersey are gearing up for Small Business Saturday, a shopping holiday created to encourage consumers to spend their money on Main Street.

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Industrial continues to tighten in Q3, NAI Hanson, CBRE report

The northern and central New Jersey industrial submarkets continued to see an increase in leasing velocity and sales volume in Q3, commercial real estate firm NAI James E. Hanson reported in its Q3 northern and central New Jersey Industrial Market Report.

Retail outlook to remain positive during the holidays, multiple firms report

Commercial real estate firms CBRE and Levin Management Corp. both announced they expect brick-and-mortar to see a boost from holiday shopping in the coming weeks.

East Orange Property Owners Association names new board members

Managing member of Equis Realty Partners Phillip Evanski and Marc Watkins, CEO of Rockledge Ventures, have been appointed to the East Orange Property Owners Association, the association recently announced.

Vantage Real Estate announces new VP

Marlton-based real estate firm Vantage Real Estate Services recently announced it welcomed Peter Abdallah who will serve as one of the firm&#8217s vice presidents.

Awesome Zone inks lease in Piscataway

Commercial real estate firm Denholtz Associates recently announced it inked a 13,085-square-foot lease with children&#8217s play center Awesome Zone to expand into the Piscataway Corporate Center in Piscataway.

Apartment complex sells in Point Pleasant

Village Apartments in Point Pleasant recently sold as part of a 1031 exchange, brokerage firm The Kislak Company recently announced.

Weekly wrap up NAI Hanson

Brokerage firm NAI James E. Hanson announced several leases this week.

Lincoln Property Co. announces activity in Parsippany

At 800-900 Lanidex Plaza, real estate firm Lincoln Property Co. announced a total of 45,000 square feet across two, three-story office buildings totaling 114,000 square feet. Lincoln worked on behalf of 8H9H Lanidex and Milelli Real Estate Partners.

Weekly wrap up Advance Realty

Developer Advance Realty recently announced that as part of a joint-partnership with Camber Real Estate Partners, it has completed the purchase of a four-building, 529,110-square-foot industrial facility in Pine Brook.

NAI Hanson arranges industrial lease to help toy manufacturer expand in East Rutherford

NAI James E. Hanson, a commercial real estate firm, announced it has negotiated an industrial lease for Goffa International Corp. , a toy manufacturer, in East Rutherford.

Plans for Sayreville mixed-use project, including marina, move forward

In what Atlanta-based developer North American Properties is calling the largest mixed-use project in New Jersey history, venture partners North American Properties and Prudential Global Investment Management have presented to the Sayreville Economic Development Agency plans to build a 2. 5 billion mixed-use project named &#8220Riverton&#8221 on. . .

Broadridge Financial Solutions opens Newark office

Newark Mayor Ras Baraka and Tim Gokey, president and chief operating officer of Broadridge Financial, hosted local officials at the opening of Broadridge Financial&#8217s new office for its Global Technology Operations division this week.

Dave Buster's opens first NJ location

Franchise Dave Buster&#8217s celebrated the opening of its first location in the Garden State Tuesday at the Woodbridge Center Mall in Woodbridge.

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Prologis to build 540K sq. ft. distribution center in Elizabeth

Allied Beverage Group and Prologis recently announced they have entered a long-term lease agreement that will result in the construction of a 540,000-square-foot distribution center in Elizabeth.

Dave Buster's opens first NJ location

Franchise Dave Buster&#8217s celebrated the opening of its first location in the Garden State Tuesday at the Woodbridge Center Mall in Woodbridge.

Ralph Lauren, Quest Diagnostics receive EDA awards to move to former Hoffmann-LaRoche site

Ralph Lauren and Quest Diagnostics have been approved for an incentive from the New Jersey Economic Development Authority to make a new home at Prism Capital&#8217s ON3 campus &#8211 the former Hoffman-LaRochen site &#8211 in Nutley and Clifton, NJBIZ has learned.

NAIOP NJ honors industry leaders at President's Award and Hall of Fame Dinner

The New Jersey chapter of the National Association of Industrial and Office Properties honored industry leaders at the Annual President&#8217s Awards and Hall of Fame Dinner held last week.

NAP, PGIM announce plans for National Lead Paint site in Sayreville

In what Atlanta-based developer North American Properties is calling the largest mixed-use project in New Jersey History, venture partners NAP and Prudential Global Investment Management have presented plans to build a 2. 5 billion mixed-use project named &#8216Riverton&#8217 on a brownfield site along the Raritan River in Sayreville.

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NAP, PGIM announce plans for National Lead Paint site in Sayreville

In what Atlanta-based developer North American Properties is calling the largest mixed-use project in New Jersey History, venture partners NAP and Prudential Global Investment Management have presented plans to build a 2. 5 billion mixed-use project named &#8216Riverton&#8217 on a brownfield site along the Raritan River in Sayreville.

Case hires financial and investment analyst

Real estate investment firm Case Real Estate Capital recently announced it welcomed Aysha Cox who will serve as a financial investment analyst.

Ralph Lauren, Quest Diagnostics receive EDA awards to move to former Hoffmann-LaRoche site

Ralph Lauren and Quest Diagnostics have been approved for an incentive from the New Jersey Economic Development Authority to make a new home at Prism Capital&#8217s ON3 campus &#8211 the former Hoffman-LaRochen site &#8211 in Nutley and Clifton, NJBIZ has learned.

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A.C. Moore acquires Blitsy

Berlin-based A. C. Moore Arts and Crafts, a specialty retailer which operates 135 brick and mortar stores across the East Coast, announced two major investments in the coming year.

A.C. Moore acquires Blitsy

Berlin-based A. C. Moore Arts and Crafts, a specialty retailer which operates 135 brick and mortar stores across the East Coast, announced two major investments in the coming year.

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Cushman Wakefield announces sales in Summit

Cushman Wakefield&#8217s chairmen Douglas Harmon and Adam Spies, and executive managing director Kevin Donner worked alongside vice chairman David Bernhaut and executive managing director Gary Gabriel in the sale of two office buildings in Summit.

Zimmel announces activity in northern, central NJ

Edison-based brokerage firm Zimmel Associates recently announced it completed five leases in northern and central New Jersey.

NJIT opens 110M Wellness Events center

New Jersey Institute of Technology held an official ribbon cutting for its 110 million Wellness Events center, the centerpiece of a 400 million campus transformation.

#8220ReThinking#8221 the Gateway Program

Designer Jim Venturi, founder and principal of ReThinkStudio, sees the Gateway Program as crucial to maintaining the essential connection between New Jersey and New York. However, in the way it is currently designed, he believes it could be improved upon to expand into areas that are not currently being considered.

Flame Kabob House leases at Rutgers Plaza

Brokerage firm Levin Management Corp. recently announced it has arranged a 1,500-square-foot lease at Rutgers Plaza in Franklin with Flame Kabob House, an Afghan restaurant chain.

Billtrust relocates from Hamilton to 90K sq. ft. office at Princeton Pike Corp Center

At 1009 Lenox Drive in Lawrenceville, Vision Real Estate Partners recently announced it has inked a 90,000-square-foot lease with Billtrust.

LG Electronics cuts ribbon on new distribution facility in East Windsor to create 50 local jobs

LG Electronics USA has opened a new, state-of-the-art Class A distribution center in East Windsor Township in a ribbon-cutting ceremony on Thursday.

LG Electronics cuts ribbon on new distribution facility in East Windsor to create 50 local jobs

LG Electronics USA has opened a new, state-of-the-art Class A distribution center in East Windsor Township in a ribbon-cutting ceremony on Thursday.

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Jersey Mike's announces leases in 2017

Brokerage firm Pierson Commercial Real Estate recently announced it negotiated several leases to bring Jersey Mike&#8217s to different locations throughout northern New Jersey.

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The Kamson Corp. opens Woodcliff Lake Commons

Developer The Kamson Corp. recently held a ceremonial ribbon cutting ceremony for its latest mixed-use development, Woodcliff Lake Commons, in Woodcliff Lake.

Jersey Mike's announces leases in 2017

Brokerage firm Pierson Commercial Real Estate recently announced it negotiated several leases to bring Jersey Mike&#8217s to different locations throughout northern New Jersey.

Jersey City Urby reaches 95 leased

Mack-Cali Realty Corp. subsidiary Roseland Residential Trust and Ironstate Development recently announced the first of three towers of the Jersey City Urby complex in downtown Jersey City reached 95 percent leased.

Cushman Wakefield helps generic drug maker move to new HQ in Saddle Brook

Generic drug maker Rising Pharmaceuticals, a unit of ACETO Corp. , has moved its headquarters from Allendale to Saddle Brook.

FS Produce Co. completes purchase in Vineland

Brokerage firm Cushman Wakefield recently announced it arranges the sale of a 580,000-square-foot manufacturing facility on 65 acres in Vineland.

Acupuncture Chain seeks to open 21 clinics in state by 2020

Modern Acupuncture, a two-year-old franchiser of acupuncture services in the US, is seeking to open 21 clinics across New Jersey by 2020, with the first three being in Morris County, two in Morris PlainsMorris Township and three in Florham Park.

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CBRE arranges sale in Bellmawr, lease in Saddle Brook

Royal Farms convenience store and gas station in Bellmawr recently traded for 6. 48 million as part of a 1031 exchange, brokerage CBRE announced.

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CBRE arranges sale in Bellmawr, lease in Saddle Brook

Royal Farms convenience store and gas station in Bellmawr recently traded for 6. 48 million as part of a 1031 exchange, brokerage CBRE announced.

Avalon Communities sells community in Lawrenceville

A joint venture between Rockpoint Group and The Brooksville Company recently purchased AvalonBay Communities, Avalon Run East in Lawrenceville, brokerage firm HFF recently announced.

Study Hunterdon County residents get most bang for property tax buck

Despite having some of the highest property taxes in the country, there are places in New Jersey where they are a bargain, according to a study by New York City-based financial technology company SmartAsset.

Retro Fitness hires new CBO

Colts Neck-based Retro Fitness announced Monday that Scott Breault will take on the newly-created role of chief brand officer.

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Goldstein Group announces VP appointment at newly-formed TGG Urban division

President of The Goldstein Group Chuck Lanyard recently announced it has appointed Ralph Hanan as a lead executive of The Goldstein Group&#8217s Urban division.

Cushman Wakefield names senior director of retail brokerage

Brokerage firm Cushman Wakefield recently announced it has named David Townes as the senior director of retail brokerage in New Jersey.

Bridge announces 4.2M sq. ft. sale to Duke Realty

Chicago-based Bridge Development Partners recently announced the 515 million sale of a 10-building portfolio to Duke Realty that spans northern New Jersey, southern California and southern Florida, and totals 3. 4 million square feet.

Making a Main Street With the Holmdel library moving into Bell Works, Somerset Development continues to make itself a regional town center

For Ralph Zucker of Somerset Development, the ceremonial ribbon cutting of the Holmdel Library held last week marks an important milestone in the redevelopment of Bell Works.

CBRE announces office leases in East Brunswick

At the Two Tower Center in East Brunswick, brokerage firm CBRE announced it has completed 164,000 square feet of leasing activity.

Vision, JV partner acquire former Honeywell HQ Campus

Developer Vision Real Estate Partners recently announced that as part of a joint venture, it has acquired the 64-acre former Honeywell headquarters campus in Morris Township.

CBRE announces office leases in East Brunswick

At the Two Tower Center in East Brunswick, brokerage firm CBRE announced it has completed 164,000 square feet of leasing activity.

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CentraState opens new family pavilion in Marlboro

Freehold-based CentraState Healthcare System has cut the ribbon on its new Health Pavilion Marlboro.

Rising Tide Capital hosts Peter Buffett at RISE To Expand Opportunity

Emmy-award winner and co-president of the NoVo Foundation Peter Buffet joined Jersey City-based philanthropy Rising Tide Capital at its annual &#8216RISE To Expand Opportunity&#8217 event on Thursday.

Food desert relief Camden local wins award for building an urban farm in the city

One in five American children suffer from &#8220food insecurity,&#8221 meaning an individual does not have reliable access to food. Cities across the country are known as &#8220food deserts,&#8221 when nutritious food is produced far outside the reach of inner city inhabitants. Residents of food deserts tend to rely on processed foods like. . .

Meridian Capital Group arranges financing for mixed-use project in Iselin

Brokerage firm Meridian Capital Group recently announced it has arranged 50 million in construction financing on behalf of SAMTD Woodbridge LLC for the developer of a mixed-used property in Iselin.

Kislak sells multifamily property in Linden for 8.2M

The Kislak Company Inc. recently announced the 8. 2 million sale of Gold Leaf Manor, a 48-unit luxury multifamily property in Linden.

NAI Hanson negotiates lease to bring aircraft upholstery business to Saddle Brook

NAI James E. Hanson, a New Jersey-based commercial real estate firm, announced it has negotiated a lease for a 3,200-square-foot flex office building in Saddle Brook.

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NAI Hanson negotiates lease to bring aircraft upholstery business to Saddle Brook

NAI James E. Hanson, a New Jersey-based commercial real estate firm, announced it has negotiated a lease for a 3,200-square-foot flex office building in Saddle Brook.

Manhattan Building Company opens SoHo West on Hoboken, Jersey City border

Jersey City Mayor Steven Fulop joined Manhattan Building Company at the official opening at the launch of leasing for the next phase of SoHo West South of Hoboken, West of New York City community on the border of Hoboken and Jersey City.

The Hampshire Cos. sells QuickChek-leased store in Emerson

Real estate investment firm The Hampshire Companies announced the sale of a 4,700-square-foot free-standing convenience store in Emerson to a private buyer.

Specialists Marketing Services extends lease at Sanzari-owned office property

Specialists Marketing Services announced recently it has extended its lease at Heights Plaza, the Class A office building owned and managed by Alfred Sanzari Enterprises.

NJBIA backs bond sale to renovate state libraries

The New Jersey Business and Industry Association is supporting the state&#8217s proposal to sell 100 million in general obligation bonds, which will be in the form of Public Question No. 1 on the ballot Tuesday, November 7.

ITC Crossing North in Mount Olive sells for 5.8 million

Marcus Millichap announced the 5. 8 million sale of a ITC Crossing North, a retail property in Mount Olive, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

NAI James E. Hanson arranges sale of catering facility in Hackensack

NAI James E. Hanson, a New Jersey-based commercial real estate firm, announced it has negotiated the sale of a 5,800-square-foot industrial building in Hackensack.

Duff Phelps renews lease in Morristown

Commercial brokerage Colliers International recently announced it has negotiated the renewal of Duff Phelps at Headquarters Plaza in Morristown.

Apartment community trades in Edison

Washington Park Apartments, a 52-unit garden-style apartment complex in Edison, recently sold for 6. 2 million, commercial brokerage CBRE recently announced.

Experts talk growth, opportunity in multifamily at Jersey City Summit

The third annual Jersey City Summit for real estate investment was held Tuesday at 70 Hudson St. in Jersey City.

Study NJ city named best small city in the country

A New Jersey city has been named the best small city based on its affordability, economic health, education and personal health, quality of life and safety, according to financial advising website WalletHub. com.

Coming to terms With American Dream, others move development forward, MRC thinks it's time to adopt a new regional plan

For Jim Kirkos, president and CEO of the Meadowlands Regional Chamber, the last decade has not exactly been the best.

Marcus Millichap announce sale of Class B office building in Palisades Park

Marcus Millichap announced the sale of a 20,000-square foot Class B office building in Palisades Park, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

Post Brothers completes 166M purchase in North Bergen

LWH Urban Renewal LLC recently completed the sale of The Dutchess in North Bergen to Philadelphia-firm Post Brothers, brokerage firm Gebroe-Hammer Associates announced Monday.

Hair Club completes signs lease in Marlton

Brokerage firm Wolf Commercial Real Estate recently announced it brokered the renewal and expansion of a 5,150-square-foot lease at Two Greentree Center in Marlton.

Perth Amboy retail property sold for 2.6 million

Marcus Millichap announced recently the sale of a retail property in Perth Amboy for 2. 6 million, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

HFF announces 14.5 million refinancing of Princeton property

Holliday Fenoglio Fowler L. P. announced recently the 14. 5 million refinancing for 1 Independence Way, a 113,998-square-foot office property in Princeton.

Steinbridge Group announces urban single family investment strategy

New York-based private investment firm Steinbridge Group announced Thursday plans to focus its 425 million fund in acquisitions and refurbishments of single-family and small multifamily residences in urban markets throughout northern New Jersey, New York City's outer boroughs, Baltimore and Chicago, to name a few.

ACME center sells in Manasquan

Levin Management Corp. recently announced it served as the advisor in the sale of a 19,000-square-foot ACME shopping center in Manasquan.

Dermody Properties names SVP of capital deployment

Dermody Properties, a real estate investment, development and management company, announced recently it has appointed Robert Borny its new senior vice president of capital deployment, East Region.

Marcus Millichap complete industrial property sale in New York

Marcus Millichap announced the 2. 83 million sale of an industrial property in Mount Vernon, New York, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

Life science firms complete purchases in Piscataway, Somerset

Brokerage firm Cushman Wakefield recently announced it has represented two life science firms in the purchase of two industrial properties along the Interstate 287 corridor in both Piscataway and Somerset.

OSHA proposes 180,000 penalty for Moonachie hair company

The U. S. Department of Labor&#8217s Occupational Safety and Health Administration proposed a 181,280 penalty to Mane Concept for a variety of violations.

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Marcus Millichap announce sale of plaza in North Plainfield

Marcus Millichap announced the sale of Grove Plaza, a 19,845-square foot retail property in North Plainfield for 1. 9 million, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

Damon Rich talks MacArthur Fellowship, Newark, future urban planning

When it comes to the future of city design and real estate investment, Damon Rich of Hector Design thinks conversations by all stakeholders need to be facilitated.

Rutgers Center for Real Estate adds executive committee member

The Center for Real Estate at Rutgers University recently announced it has appointed Anne Babineau of Wilentz Goldman Spitzer to the executive committee of its advisory board.

Realogy announces leadership succession strategy

After having served as chairman and CEO of Realogy for 21 years, the firm has announced Richard Smith is set to retire at the end of this year.

Execs talk tech, millennials and collaboration at NRP forum

Creating centers for collaboration and the effect of technology in the workplace were the main themes of the Newark Regional Business Partnership&#8217s 2018 Economic Outlook forum held last week.

Marcus Millichap complete sale of 1.22 apartment building

Marcus Millichap announced recently the sale of a multifamily property in West New York for 1. 22 million, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

The road to Union It took time for Russo to clear the path for development of the former Merck site in Union Township

When Russo Development first sought to purchase the 55-acre site across the street from Kean University in 2014, the school balked, claiming it had secured right of first refusal on a portion of the land stemming from 1986 when the Kean family trustees passed partial ownership of the site to the pharmaceutical firm Schering-Plough Corp.

Hampshire Cos. opens storage facility in Westwood

The Hampshire Companies and Westwood Realty recently celebrated the ceremonial ribbon cutting of its 37 Extra Space Storage facility in Westwood. The facility, a 100,000-square-foot, 916-unit self storage property located at 15 Madison Ave. , was opened by Westwood Mayor John Birkner Jr. and Council President Chris Montana.

Marcus Millichap completes multifamily property sale in Camden

Commercial brokerage Marcus Millichap recently announced it has completed the sale of a 392-unit multifamily property in Camden.

Maestro Technologies to turn former First Trenton National Bank building into innovation hub

Commercial brokerage firm Segal LaBate Commercial Real Estate recently announced it has completed the sale of a 78,000-square-foot building in downtown Trenton to Maestro Technologies. The buyer said it intends to create an innovation hub at the former First Trenton National Bank Building, located at 1 West State St.

Skittles tops Halloween candy preference in NJ

Wondering how to please trick-or-treaters this Halloween?

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Study ranks best places to own a home in New Jersey

Research group Smartasset recently published a study for the best counties to own a home in New Jersey.

Bergman Group, Time Equities to upgrade former Mack-Cali complex in Parsippany

Real Estate firms Bergman Real Estate Group and Time Equities announced plans to invest 4. 5 million to upgrade three buildings at the former Mack-Cali corporate campus in Parsippany.

Gebroe-Hammer arranges apartment community sale in Belmar

Commercial real estate brokerage Gebroe-Hammer Associates recently announced it completed the sale of a 30-unit garden-style apartment community in Belmar.

G.S. Wilcox announces new hires, record year

Commercial real estate mortgage firm G. S. Wilcox recently announced Rob Logan and Wesley Wilcox have joined the firm as senior associates. In their new role, both Wilcox and Logan will assist in origination and underwriting.

CBRE brokers sale, arranges financing for shopping center in Easton, Pa.

CBRE announced Wednesday it has arranged the sale and financing for a 100,250-square-foot shopping center in Easton, Pennsylvania.

Hampshire completes sale of Hackettstown Commerce Park

Real estate investment firm The Hampshire Cos. recently announced it has completed the sale of a 197,438-square-foot industrial complex to Devli Group in Hackettstown.

Nexus Properties secures financing for last phase of Rowan Boulevard

Less than two months after Nexus Properties and Rowan University opened the largest phase of the Rowan Boulevard development &#8211 delivering 557 student beds, 43,000 square feet of retail space, 37 luxury apartments and 30,000 square feet of classroom space &#8211 MT Bank has announced it has secured two loans totaling 61. 2 million to. . .

Fisher opens Vantage in Jersey City

Across the Morris Canal Basin and Liberty State Park, Brian and Casey Fisher of Fisher Development Associates were recently joined by Jersey City Mayor Steven Fulop and deputy mayor Marcos Vigil at the ceremonial opening of the first phase of Vantage, a 45-story luxury residential waterfront tower in the Liberty Harbor North neighborhood.

Mack-Cali sells 26-building portfolio in Moorestown, Burlington

Real estate brokerage firm Holliday Fenoglio Fowler announced yesterday it has brokered the sale of a 26-building, 1. 2 million-square-foot office flex portfolio in Moorestown and Burlington townships.

Investing in millennials Hugo Neu looks to replicate success stories from Harborside at Kearny Point

As Hugo Neu&#8217s vision of the Kearny Point redevelopment begins to take shape, the developer has noticed a problem far too familiar to people doing business outside Hudson County how do you attract millennials to areas that do not have a history of being millennial friendly?

Sens. Booker, Menendez, Gov. Christie break ground on Portal North Bridge in Kearny

AMTRAK Chairman Tony Coscia was joined by U. S. Sen. Cory Booker, Sen. Robert Menendez and Gov. Chris Christie at the groundbreaking ceremony for the Portal North Bridge in Kearny on Friday.

Building Out Future Bond funded 76M STEM complex opens at TCNJ

The College of New Jersey&#8217s new 76 million STEM complex had an official ribbon cutting for the project that was partially funded by the Building Our Future Bond.

Marcus Millichap complete sale of Dollar General in Clifton

Marcus Millichap announced recently the sale of an 11,500-square-foot building in Clifton for 1. 75 million, according to Brian C. Hosey, regional manager of the firm&#8217s New Jersey office.

Hampshire sells industrial portfolio in Connecticut

Commercial real estate firm the Hampshire Cos. recently announced the sale of a four-building, 119,992-square-foot industrial portfolio in Danbury and Berlin, Connecticut, to a private buyer.

Westfield approves 10-year lease for AvalonBay Communities

Westfield Township&#8217s board of directors have approved a lease deal that will bring AvalonBay Communities&#8217 New Jersey office to its downtown region.

Marcus Millichap complete 3.5M sale of office building in Bloomfield

Marcus Millichap announced recently the sale of an 8,500-square-foot retail property in Bloomfield for 3. 45 million, according to Brian C. Hosey, regional manager of the firm&#8217s New Jersey office.

Marcus Millichap complete 3.5M sale of office building in Bloomfield

Marcus Millichap announced recently the sale of an 8,500-square-foot retail property in Bloomfield for 3. 45 million, according to Brian C. Hosey, regional manager of the firm&#8217s New Jersey office.

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Updated Edison Properties, Baraka break ground on Mulberry Commons

Michael Sommer of Edison Properties thinks the late Jerry Gottesman, the co-founder of Edison, would have been proud of the milestone both the city of Newark and Edison Properties reached last Monday.

Blau Berg names director of business development

Commercial real estate brokerage firm The Blau Berg Co. recently announced it has named Christian Benedetto as its new director of business development.

Blau Berg names director of business development

Commercial real estate brokerage firm The Blau Berg Co. recently announced it has named Christian Benedetto as its new director of business development.

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Kushner Cos. completes purchase in Long Branch

Commercial real estate firm The Kislak Co. recently announced it brokered the sale of the Ocean Court by the Sea motel in Long Branch to an affiliate of Kushner Cos.

Exclusive Russo Development breaks ground at former Merck site in Union

It&#8217s been a busy few months for Russo Development in Union.

RBH opens Teacher's Village in downtown Newark

U. S. Senator Cory Booker joined RBH Group&#8217s Ron Beit and Newark Mayor Ras Baraka at the official opening of Teacher&#8217s Village in downtown Newark on Tuesday.

Walmart donates more than 400K to N.J. charities

State-based charities Sage Eldercare and the Food Bank of South Jersey were among the beneficiaries of several charitable donations made by Walmart and the

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Office shows stability in Q3, various firms report

Commercial brokerages Colliers International and Cushman Wakefield both reported the third quarter to have been a robust time for northern New Jersey&#8217s office market.

Sheldon Gross Realty announces sales rep hire

Commercial real estate firm Sheldon Gross Realty recently announced it has hired Richard Frankman of Bayville to serve as a corporate sales representative out of its West Orange office.

N.J. industrial reaches century high in Q3, CW reports

E-commerce and logistics continued to drive the industrial market in New Jersey to century highs during the third quarter, according to Cushman amp Wakefield.

Kearny Bank names VP, commercial loan officer

Kearny Bank recently announced it has named Dana Barlin as vice president and commercial loan officer.

International food vendor ALDI to hire up to 250 new employees in N.J.

ALDI, a national chain of discount supermarkets, is planning to hire 250 part- and full-time employees across its 42 stores in the state.

International food vendor ALDI to hire up to 250 new employees in N.J.

ALDI, a national chain of discount supermarkets, is planning to hire 250 part- and full-time employees across its 42 stores in the state.

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Child care center signs lease in Hamilton

Child care center Kiddie Academy has leased 8,500 square feet in a Hamilton-based plaza, according to Chuck Lanyard, president of The Goldstein Group.

Hackensack Meridiam to launch new research facility on former Roche campus

Hackensack University Medical Center Foundation is teaming up with Summit-based Celgene Corp. to establish the Multiple Myeloma Institute.

Rockefeller breaks ground on Piscataway logistics center

Commercial developer Rockefeller Group recently announced it broke ground on its 2. 2 million-square-foot logistics center in Piscataway.

HHG Development hosts Roebling Lofts grand opening

Developer HHG Development Associates was joined by New Jersey Economic Development Authority CEO Melissa Orsen and Trenton Mayor Eric Jackson on Wednesday at a ribbon cutting celebration that officially opened the first phase of the Roebling Center redevelopment.

Alvin Ailey American Dance Theater signs lease in Secaucus

Commercial real estate firm Avison Young recently announced it brokered the leasing of 17,583 square feet in Secaucus on behalf of Alvin Ailey American Dance Theater.

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HFF announces 9.3M financing for multihousing property in Bridgewater

Holliday Fenoglio Fowler L. P. announces 9. 3 million in financing for Fairway 28, a 51-unit, luxury midrise, multihousing property in Bridgewater.

Mack-Cali sells Totowa Commerce Center for 65.5M

Commercial brokerage firm Cushman amp Wakefield recently announced it served as an advisor to Mack-Cali Realty and Heritage Capital Group in the sale of the Totowa Commerce Center in Passaic County. . .

Jersey City-based Gull's Cove II reaches 60M in pre-construction sales

Following the completion and sale of the first phase of 322 condominiums, developer Liberty Harbor North LLC announced Gull's Cove II in Jersey City is 75 percent under contract and has surpassed 60 million in pre-construction sales.

Advance, DeBartolo open Steel Works, break ground in Harrison Riverbend district

Commercial developers Advance Realty and DeBartolo Development recently announced they celebrated the opening of Steel Works after breaking ground on another phase of development in the Riverbend district in Harrison.

Cherry Blow Dry Bar opens in Manasquan shopping center

Cherry Blow Dry Bar, a specialty salon, announced it has leased 1,400 square feet at Wall Towne Center in Manasquan, according to Levin Management Corp.

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Cherry Blow Dry Bar opens in Manasquan shopping center

Cherry Blow Dry Bar, a specialty salon, announced it has leased 1,400 square feet at Wall Towne Center in Manasquan, according to Levin Management Corp.

CBRE names first vice president

CBRE announced Wednesday that Tara Hayden Buchakjian has joined the firm&#8217s advisory and transaction services group as its new first vice president.

NAI Hanson arranges sale of office building in River Edge

Commercial real estate firm NAI James E. Hanson announced Tuesday it has arranged the sale of a 16,500-square-foot, two-story office building in River Edge.

Denholtz inks two leases at newly-renovated office building in Ill.

Denholtz Associates, a real estate development, investment and management company based in Matawan, announced the signing of two leases in a newly-renovated office building in Oak Brook, Illinois.

Sitex Group acquires warehouse in Carlstadt

Development and acquisitions firm Sitex Group recently announced it has acquired a 40,000-square-foot facility at 223 Veterans Blvd. in Carlstadt from New Space Realty Corp.

NJCU, KKF University Enterprises break ground on University Place redevelopment

New Jersey City University and developer KKF University Enterprises LLC recently held a groundbreaking ceremony at the second of four mixed-use residential buildings at the University Place redevelopment in Jersey City.

dancker acquires Office Furniture Partnership

Somerville-based integrated interior solutions firm dancker announced Monday it is acquiring the assets of Office Furniture Partnership, a furniture dealer in Morristown.

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Gebroe-Hammer arranges sale of 3-building Bergen County portfolio

Gebroe-Hammer Associates announced Monday it has arranged the 6. 6 million sale of a three-building portfolio in Bergenfield.

Edison Properties, Newark Mayor Baraka break ground on Mulberry Commons

Newark Mayor Ras Baraka and members of his administration joined Edison Properties and JL Companies at the official groundbreaking of Mulberry Commons in downtown Newark.

Better Homes and Gardens Real Estate appoints new COO

Real estate brand Better Homes and Gardens recently announced it has named Rich DeNicola to serve as chief operating officer for the firm.

Pro Custom Solar expands in Metuchen

Commercial brokerage firm Colliers International recently announced it completed a lease renewal and expansion at 325 High St. , Metuchen, on behalf of Pro Custom Solar.

Execs talk state of Amazon, infrastructure at NAIOP NJ chapter meeting

E-commerce and the role of the next governor in real estate were resounding themes at the New Jersey NAIOP CEO Perspective panel last week. With less than five weeks until the gubernatorial election, the chapter members gathered at Maritime Parc in Jersey City to voice their concerns which included remaining competitive in the region, millennial. . .

Better Homes and Gardens Real Estate appoints new COO

Real estate brand Better Homes and Gardens recently announced it has named Rich DeNicola to serve as chief operating officer for the firm.

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Mack-Cali, NY Waterway announce Harborside ferry

Mike DeMarco has no problem with being known as an agent of change. In less than two and a half years at Mack-Cali Realty Corp. , the CEO has changed the direction of the real estate investment trust away from suburban office parks and emphasizing its growth in urban centers.

William Paterson University unveils Part 1 of 31M renovation project

William Paterson University officially opened its new academic building, Preakness Hall, which was partially funded by New Jersey's &#8220Building Our Future&#8221 bond act.

CBRE arranges sale of shopping center in Penn.

CBRE announced recently it has arranged the sale of a 359,673-square-foot shopping center in Exton, Pennsylvania.

HFF announces sale of Long Island grocery-anchored retail center

Holliday Fenoglio Fowler L. P. announced recently the sale of Huntington Square Plaza, a 116,200-square-foot, fully-leased, grocery-anchored center in the Long Island community of Huntington, New York.

Health care provider leases space in Essex County shopping center

Health care provider Adjust Chiropractic Health Center has leased 1,600 square feet at West Orange Plaza in West Orange, Levin Management Corp. , the property&#8217s leasing and management agent, announced recently.

HFF announces sale of Long Island grocery-anchored retail center

Holliday Fenoglio Fowler L. P. announced recently the sale of Huntington Square Plaza, a 116,200-square-foot, fully-leased, grocery-anchored center in the Long Island community of Huntington, New York.

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Health care provider leases space in Essex County shopping center

Health care provider Adjust Chiropractic Health Center has leased 1,600 square feet at West Orange Plaza in West Orange, Levin Management Corp. , the property&#8217s leasing and management agent, announced recently.

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Kushner invests in Jersey City public plaza, city continues development plans

When Jonathan Kushner of Kushner Real Estate KRE and National Real Estate Advisors decided 10 years ago to build the Journal Squared complex, which is next to the Journal Square PATH station in Jersey City, they planned for more than a new structure in a new neighborhood.

55.8M communications building with 4K technology opens at Montclair State

Montclair State University officially opened its 55. 8 million School of Communication and Media building with a ribbon cutting ceremony where it was hailed as the most advanced in the country.

NAI Hanson brokers land sale in New Milford for future ShopRite

Commercial brokerage firm NAI Hanson recently announced it completed the sale of a 13. 6-acre site in New Milford where the buyer, a developer, has agreed to build an Inserra ShopRite with a bank.

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NAI Hanson brokers land sale in New Milford for future ShopRite

Commercial brokerage firm NAI Hanson recently announced it completed the sale of a 13. 6-acre site in New Milford where the buyer, a developer, has agreed to build an Inserra ShopRite with a bank.

Achim Importing signs temporary lease in Woodbridge

Commercial brokerage firm Colliers International recently announced it represented Achim Importing Co. in the signing of a 132,000-square-foot lease in Woodbridge.

Marcus Millichap complete sale of 1.2M multifamily building

Marcus Millichap announced recently the sale of a multifamily property in West New York for 1. 2 million, according to Brian C. Hosey, regional manager of the firm&#8217s New Jersey office.

NKF reprents PNC in HQ renewal at Two Tower Center

Newmark Knight Frank announced recently that it has completed a renewal and extension of PNC Financial Services' lease at its East Brunswick-based headquarters.

Connell Foley completes relocation to Roseland

Law firm Connell Foley announced today it has officially opened its new, 75,000-square-foot corporate headquarters at 56 at Roseland.

Eastern Union arranges 69M refinancing for multifamily portfolio

Commercial real estate mortgage firm Eastern Union recently announced that through a collaborative effort with Greystone and Customers Bank, it has arranged a 69 million refinancing effort for 11 multifamily properties in New Jersey and the Bronx.

Blink Fitness opens newest N.J. location

Blink Fitness announced Wednesday it has opened its newest New Jersey location.

The Goldstein Group places Starbucks in Ridgewood

Retail real estate services company The Goldstein Group announced Monday it has arranged a long-term lease for Starbucks in Ridgewood, according to Chuck Lanyard, president of the firm.

River Valley Realty opens office in Flemington

River Valley Realty owner Kim Bacso was joined by local business leaders at the official opening of the firm&#8217s office on Main Street in downtown Flemington.

Sotheby's appoints new COO

Real estate and management firm Sotheby&#8217s International Realty Affiliates LLC recently announced it has appointed Julie LaTorre to serve as the firm&#8217s chief operating officer.

Russo Development breaks ground on Kearny development

Commercial developer Russo Development was joined by Kearny Mayor Alberto Santos and members of his administration at the official groundbreaking ceremony for Vermella West, a 280-unit apartment community on Passaic Avenue.

Tulfra acquires property in Nutley

Commercial developer Tulfra Real Estate recently announced it has acquired a 6. 5-acre property behind Route 3 Eastbound in Clifton and Nutley.

Levin arranges lease with McDonald's in Middlesex

Commercial real estate firm Levin Management Corp. recently announced it has negotiated a 3,500-square-foot lease at 125 Bound Brook Road in Middlesex with McDonald&#8217s.

Pro Custom Solar expands in Metuchen

Commercial brokerage firm Colliers International recently announced it completed a lease renewal and expansion at 325 High St. in Metuchen on behalf of Pro Custom Solar.

Anatomy of a Successful 1031 Exchange

Veteran real estate practitioners will share their experiences structuring tax-deferred 1031 like-kind exchanges that worked well for their clients and answer questions about what makes a good exchange transaction in a Facebook Live event on Thursday, Sept. 28, at 1 pm CST.

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Hackensack Meridian Health opens medical-surgical suite in Brick

The Hackensack Meridian Health Ocean Medical Center recently held a ribbon cutting ceremony for its new 36,000-square-foot medical-surgical floor in Brick.

Denholtz, Bytech International open industrial building in Somerset

Commercial development firm Denholtz Associates recently held a ribbon cutting ceremony officially opening a 75,000-square-foot industrial building alongside Bytech International and members of the Franklin Township administration.

Myer Center planned for demolition and redevelopment

Roughly 36 acres of land in Tinton Falls will be demolished and redevelopment thanks to actions taken by Fort Monmouth Economic Revitalization Authority.

College H.U.N.K.S. Hauling Junk expands into New Brunswick

College H. U. N. K. S. Hauling Junk and Moving announced Wednesday it has expanded its operations into New Brunswick.

G.S. Wilcox secures financing for apartment complex in New Windsor

Real estate banking firm G. S. Wilcox Co. recently announced it secured a 43 million loan for a newly constructed, 270-unit apartment complex in New Windsor, New York.

Steel cutting company starts with loan from state EDA

Flame Cut Steel, a producer of precision cut steel components, has opened up shop in Irvington with direct loans from the state&#8217s Economic Development Authority.

Count Basie Theater breaks ground on 23M PAC expansion

Red Bank&#8217s Count Basie Theater recently announced it broke ground on a 23 million expansion to transform the historic theater into a regional performing arts center.

Sotheby's International Realty Affiliates appoints new COO

Madison-based Sotheby&#8217s International Realty Affiliates LLC announced it has appointed Julie Leonhardt LaTorre as chief operating officer.

Ironstate, Pegasus open Urby development in Harrison

Following the delivery of over 1,200 units in Staten Island and downtown Jersey City under the Urby brand, Ironstate Development held a ribbon cutting ceremony for the official opening of the third iteration of its brand in Harrison, Harrison Urby.

Monmouth Real Estate acquires industrial building for 18.3M

Freehold-based Monmouth Real Estate Investment Corp. announced Tuesday it has acquired a 298,472-square-foot industrial building located in Kenton, Ohio for 18. 30 million.

Colliers announces new senior managing director

Commercial real estate firm Colliers International recently announced Thomas Shirocky has joined the brokerage firm to serve as a senior managing director in its regional consulting firm division.

Hampshire sells fully leased retail center in Mt. Laurel

Commercial real estate investment firm the Hampshire Companies recently announced it completed the sale of an 88,265-square-foot retail shopping center, the Towne Square Shopping Center in Mt. Laurel.

Historic Hopewell Theater re-opens under new ownership, direction

For Sara Scully, executive director of the Hopewell Theater, reimaging the Hopewell Theater into a multiuse venue is a matter of learning from the success of iPic and others in New York, and bringing a similar formula to the town of Hopewell.

Mack-Cali unveils Harborside improvement plan

Owner and developer Mack-Cali Realty Corp. recently unveiled a 75 million capital improvements project to upgrade its 4. 3 million square-foot development on the Jersey City waterfront.

New 100,000 sq. ft. carpenters apprenticeship building close to completion in Edison

The Northeast Regional Council of Carpenters&#8217 100,000-square-foot complex for carpenter apprenticeships is on track for completion in December 2017.

Construction, development and real estate Taxes and the Trump Administration

Jason Busco, CPA, manager, Smolin Advisory, Tax and Accounting in Red Bank, repeatedly addressed concerns from attendees at the NJBIZ discussion on Construction, Development and Real Estate regarding impending tax changes put forth by the Trump administration.

Construction, development and real estate A panel discussion presented by NJBIZ

NJBIZ held its discussion on Construction, Development and Real Estate at The Imperia in Somerset last Tuesday, inviting prominent industry leaders to weigh in on the most pressing issues facing one of the most frenetic sectors in the state today.

Virtua opens doors to new medical center in Marlton

Virtua Medical Group, a nonprofit network of doctors and one of the state&#8217s largest employers, has opened a 32,568-square-feet medical center in Shoppes and Residences at Renaissance Square in Marlton.

Colliers International names senior managing director

Colliers International announced recently that Thomas Shirocky has joined the firm as senior managing director in its regional consulting group.

Colliers brokers sale of southern New Jersey medical center

Commercial real estate brokerage firm Colliers International recently announced it completed the sale of the Medford Medical Center in Medford.

CycleBar opens Livingston franchise

Commercial real estate firm Eastman Companies recently announced one of its tenants at The Shoppes at the Livingston Circle, CycleBar, has officially opened its 3,200-square-foot studio at the property.

Holtec opens new HQ office building in Camden

Energy management firm Holtec International recently announced it opened a 160,000-square-foot office building in its 50-acre campus in Camden.

Bussel signs tenant in South Plainfield

Commercial real estate firm Bussel Realty Corp. recently announced it signed a tenant at 140 South Ave. , South Plainfield.

JLL to market Bristol-Myers Squibb campus in Hopewell

Commercial real estate firm JLL recently announced it has been retained by Bristol-Myers Squibb to continue marketing its 1. 4 million-square-foot research and development campus in Hopewell Township.

Financing for New Brunswick Performing Arts Center secured in 171M deal

Financing for the hotly-anticipated New Brunswick Performing Arts Center has been secured.

Camden West property sells for 7.5 million

Lindenwold&#8217s Summit Place, a renovated garden-style community with 148 units, has sold for 7. 5 million.

HFF announces 18.7M acquisition financing for North Jersey retail center

Holliday Fenoglio Fowler L. P. , a Florham Park-based real estate broker, announced Wednesday the 18. 7 million acquisition for West Belt Plaza, a retail center in North Jersey.

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HFF announces 18.7M acquisition financing for North Jersey retail center

Holliday Fenoglio Fowler L. P. , a Florham Park-based real estate broker, announced Wednesday the 18. 7 million acquisition for West Belt Plaza, a retail center in North Jersey.

Colliers arranges warehouse lease in Linden

Commercial brokerage firm Colliers International recently announced it has arranged a 181,000-square-foot lease for ASA Apple Inc. , a transportation and logistics firm, to occupy a Prologis warehouse in Linden.

Onyx Equities, Garrison Investment acquire office portfolio from Mack-Cali

Commercial real estate firms Garrison Investment Group and Onyx Equities recently announced the acquisition of a four-property, 847,805-square-foot office portfolio in Bergen County from developer Mack-Cali.

Sunrise Supply leases warehouse space at Meadowlands property

Sunrise Supply announced Tuesday it has leased 11,000 square feet of warehouse space in Carlstadt.

Atlantic Real Estate Services brokers sale, purchase of industrial property in South Plainfield

Atlantic Real Estate Services, a real estate brokerage and consulting company based in Bridgewater, announced recently that it has brokered the purchase and sale of an industrial building in South Plainfield.

CBC Advisors opens N.J. office

Coldwell Banker Commercial Advisors announced recently it has opened a satellite office in Hasbrouck Heights.

The Goldstein Group places farmers market in East Rutherford

The Goldstein Group, a provider of retail real estate services, announced Monday it has placed East Rutherford Farmer&#8217s Market in East Rutherford, according to Chuck Lanyard, president of the firm.

The Goldstein Group places farmers market in East Rutherford

The Goldstein Group, a provider of retail real estate services, announced Monday it has placed East Rutherford Farmer&#8217s Market in East Rutherford, according to Chuck Lanyard, president of the firm.

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Outlook Remains Bright for Commercial Real Estate Despite Price Plateau

WASHINGTON (September 12, 2017) — Commercial real estate price growth in large markets is expected to flatten over the next year, but strong leasing demand and investor appetite in smaller markets should keep the sector on solid ground, according to the latest National Association of Realtors® quarterly commercial real estate forecast, http://ift.tt/2h8uYD9.

Backed by the ongoing stretch of outstanding job creation in recent years, national office vacancy rates are forecast by... Read More

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Kislak brokers sale of 77 units in Elizabeth

The Kislak Company Inc. has brokered the sale of North Park Towers, a 77-unit, multifamily residential complex in Elizabeth, for 7. 55 million.

Walters Group begins construction at age-, income-restricted community

Barnegat-based developer and construction firm Walters Group recently announced it has kicked off construction of Cornerstone at Seaside Heights, an age- and income-restricted community.

Leasing begins at Fisher's waterfront complex

Development firm Fisher Development Associates recently announced it has opened its doors at Vantage in downtown Jersey City.

Leasing corporation seeks to fill vacancies in Secaucus and Flemington

Levin Management Corp. has taken over leasing and managing for two shopping centers with vacant lots located in Secaucus and Flemington.

Y.A.L.E. School leases space in Marlton

WCRE announced recently it has represented The Evesham Board of Education in leasing and marketing a 45,000-square-foot school lease located at 400 North Route 73 in Marlton to Y. A. L. E. School.

Whole Foods to open doors in Metuchen next month to create 160 new jobs

Whole Foods Market will open the doors to its new, 45,000-square-foot location in Metuchen on Oct. 11.

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Whole Foods to open doors in Metuchen next month to create 160 new jobs

Whole Foods Market will open the doors to its new, 45,000-square-foot location in Metuchen on Oct. 11.

MAST Construction announces new VP

Little Falls-based project and construction management firm MAST Construction recently announced it has promoted Jim Napolitano to vice president.

N.J. to toss its hat in the ring for Amazon's 5 billion #8220HQ2#8221 facility

New Jersey reportedly plans to enter the sweepstakes to become the location for Amazon. com's massive HQ2&#8221 facility.

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N.J. to toss its hat in the ring for Amazon's 5 billion #8220HQ2#8221 facility

New Jersey reportedly plans to enter the sweepstakes to become the location for Amazon. com's massive HQ2&#8221 facility.

NAR at NAIOP

NAIOP extends discounted pricing for the CRE.Converge conference to REALTORS®! 

NAR members qualify for discounts on registration, education, and project tours at NAIOP’s preeminent conference in Chicago, October 10–12. 

Hear from industry experts on topics ranging from global investment to smart construction, and enjoy keynotes from thought leaders... Read More

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Colliers announces 90K sq. ft. in leasing activity in Bedminster

Commercial brokerage firm Colliers International recently announced it inked five long-term lease transactions at the Eden Wood Realty Corp. -owned Bedminster corporate campus.

CBRE completes purchase in Carteret, California

Commercial real estate brokerage CBRE recently announced it completed the sale and leaseback of a three-property industrial portfolio in Carteret and Rancho Cucamonga, California.

Wegmans sets opening date at new location in Montvale

Supermarket chain Wegmans recently announced it has set a date for its new location in Montvale at the site of the former DiPiero Farm, now The Shoppes at DePiero Farm.

Sales launch at The Gateway in Cranbury Township

Developers High Point Development and Robertson Douglas Group recently announced sales at The Gateway in Cranbury Township, a collection of 54 luxury townhomes at the intersection of South Main Street and Old Trenton Road are underway.

Wegmans sets opening date at new location in Montvale

Supermarket chain Wegmans recently announced it has set a date for its new location in Montvale at the site of the former DiPiero Farm, now The Shoppes at DePiero Farm.

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Celebrity-backed pizza chain opens shop in Livingston

Blaze Fast-Fire&#8217d Pizza, a national chain with celebrity backing, will open in Livingston on Friday.

MT Bank to open new branch in Paterson

MT Bank announced it has planned to open a 1,726-square-foot branch in Paterson.

Northfield Bank announces new EVP

Northfield Bancorp&#8217s subsidiary Northfield Bank recently announced it has hired Tara French to serve as the executive vice president and chief administrative officer, effective September 18.

Nonresidential construction bounces back in August, ABC says

The Associated Builder and Contractors trade association recently announced that despite a 1. 7 percent drop in nonresidential construction spending for the month of July, construction employment added 28,000 net new jobs on a seasonally adjusted basis.

Neither rain, nor snow #8230 nor e-commerce With all pieces in place for megamall, developer Triple Five is ready to move full steam ahead on American Dream

For Don Ghermezian, president of Triple Five, the American Dream, and building the third-largest mall in North America, is far less about creating a product for today than one that meets the needs of tomorrow's shopping experience.

Branching out After finding success in e-commerce, linens company Boll Branch is ready to take on brick-and-mortar retail

For Scott Tanen, co-founder of bedding and sheet maker Boll Branch, choosing to move from e-commerce into traditional brick-and-mortar retail combined the opportunity to deliver on a new retail model and a chance to educate people.

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Kislak brokers sale in Philadelphia

Woodbridge-based commercial real estate firm Kislak Co. recently announced it brokered the sale of a 4. 9 million Class A apartment building in Philadelphia.

RJ Brunelli selected to represent acupuncture, kickboxing tenants

Commercial real estate firm RJ Brunelli Co. recently announced it has been selected by Modern Acupuncture and I Love Kickboxing as the exclusive broker for all of New Jersey and central New Jersey operations, respectively.

NAI Hanson completes industrial sale in Flanders

Commercial brokerage NAI James E. Hanson recently announced it brokered the sale of a 157,822-square-foot industrial building at 700 Bartley Chester Road, Flanders.

Summer 2017: Empower-Up! Building Opportunities In Your Community & Yourself

Table of Contents

• President's Note: Empower Yourself for Success 
• Advocacy: A Conversation with the Commercial Legislation & Regulatory Advisory Board Chair 
• Research: Inside the Numbers: Economic Output & Small Business Creation 
• ... Read More
  
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T-Mobile signs six new leases with Levin

Commercial real estate firm Levin Management Corp. recently announced it has signed six leases with wireless operator T-Mobile across its management portfolio in New Jersey and Pennsylvania.

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Trenton's Roebling Lofts open welcome first residents

Commercial real estate management firm Pennrose announced the first residents have finally moved into the site of the Roebling Wire Works factory redevelopment by HHG Development.

JMF Properties breaks ground on luxury residential community in Plainfield

Plainfield Mayor Adrian Mapp and members of commercial developer JMF Properties recently held a groundbreaking ceremony for the Quin Sleepy Hollow in Plainfield.

Demand for multifamily in North Jersey remains strong in Q3, Marcus Millichap reports

With construction continuing to grow in northern New Jersey, commercial brokerage Marcus Millichap recently reported strong demand for multifamily real estate from both investors and tenants.

Neither rain, nor snow #8230 nor e-commerce With all pieces in place for megamall, developer Triple Five is ready to move full steam ahead on American Dream

For Don Ghermezian, president of Triple Five, the American Dream, and building the third-largest mall in North America, is far less about creating a product for today than one that meets the needs of tomorrow's shopping experience.

Carcich O'Shea opens Hackensack office

Commercial real estate firm Alfred Sanzari Enterprises recently announced it has inked a 2,325-square-foot lease with law firm Carcich O&#8217Shea at Court Plaza South in Hackensack.

TD Bank building is sold in Ramsey

Commercial real estate firm Cushman Wakefield recently announced it has brokered the sale of a 19,707-square-foot office building in Ramsey to a private investor.

Hackensack awards PAC naming rights to Hackensack Meridian Health

The city of Hackensack recently announced it has awarded the naming rights to the city&#8217s new Performing Arts Center to Hackensack Meridian Health.

Pantheon Properties sells industrial property in Northvale

Commercial real estate firm Cushman Wakefield recently announced it organized the sale of a 207,193-square-foot industrial property in Northvale for 12. 1 million.

KC Warehousing inks lease in Secaucus

Commercial real estate firm NAI James E. Hanson recently announced it has brokered a 17,900-square-foot lease at 300 Castle Road in Secaucus to KC Warehousing.

Modern Meadow agrees to move HQ to former Roche campus

Biofabrication firm Modern Meadow recently announced that, after receiving a Grow NJ tax incentive from the New Jersey Economic Development Authority, it has decided to relocate to ON3, the former Hoffmann-La Roche campus in Nutley and Clifton.

Virginia company buying E. Rutherford building products firm for more than 2.6B

East Rutherford-based building products distributor Allied Building Products Corp. will be sold to a Virginia roofing products firm for 2. 625 billion in cash, according to a news release issued Thursday.

Kimmerle Group names second-generation CFO

Harding Township-based architectural firm Kimmerle Group recently announced it has named the son of founder and President George Kimmerle, Robert Kimmerle, as the chief financial officer of the firm.

CBRE refinances assisted living community in Hammonton

Commercial real estate firm CBRE recently announced that, through its FHA lending platform, it has successfully negotiated refinancing for Heritage Assisted Living in Hammonton.

CW secures financing for Paterson distribution center

Commercial real estate firm Cushman Wakefield recently announced it secured 15. 34 million in financing for a joint partnership between Camber Real Estate Partners and Advance Realty for an Interstate 80 distribution center in Paterson.

HFF secures refinancing for industrial building in Clifton

Commercial real estate firm Holliday Fenoglio Fowler recently announced it represented a partnership between Tulfra Real Estate and The Hampshire Cos. in securing refinancing for a 204,000-square-foot industrial building in Clifton.

Nexus Properties, Rowan University open largest phase of Rowan Boulevard development

Glassboro Mayor Leo McCabe was joined Wednesday by state Senate President Steve Sweeney D-West Deptford, Rowan University President Ali Houshmand and Nexus Properties Chief Operating Officer Dante Germano in the opening of the second-to-last phase of the Rowan Boulevard redevelopment in downtown Glassboro.

NAI Hanson brokers four leases in Englewood

Commercial real estate firm NAI James E. Hanson recently announce it brokered several leases of industrial-flex space at the Van Brunt Business Center in Englewood.

Wyndham Worldwide announces spin-off hotel company, leadership changes

Parsippany-based Wyndham Worldwide announced Monday leadership appointments for its new pure-play hotel company.

N.J. city ranked one of the most expensive places to rent an apartment

Personal finance website GOBankingRates recently published a study that ranked a New Jersey city as one of the Top 5 most expensive cities to rent a one-bedroom apartment in the country.

Technology, Inventory and Competition Among Firms’ Top Challenges: Realtors® Survey

WASHINGTON (August 22, 2017) – Keeping up with technology, maintaining sufficient inventory, competition from nontraditional participants and profitability are among the biggest challenges for real estate firms,  according to the National Association of Realtors® 2017 Profile of Real Estate Firms.

Conversely, for a third year in a row, the survey found the vast majority of firms have an optimistic outlook for the future of the industry’s growth. Although expectations have slightly... Read More

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Hanover Crossroads reaches full occupancy

After having completed three leases at Hanover Crossroads, commercial real estate firm Key Properties announced its 107,000-square-foot retail center in Cedar Knolls has reached full occupancy. The firm added Old Navy, IHOP and an Italian restaurant to the center.

Levin to construct, manage, lease retail center in Union

Levin Management Corp. recently announced it has been retained to construct, manage and lease a new 19,500-square-foot retail center located Union.

Hudson Lights reaches 75 percent leased

Developers Tucker Development Corp. and Kushner Real Estate recently announce their joint-venture Hudson Lights in Fort Lee has reached 75 percent occupancy after 10 months since the company began leasing.

Mediterranean restaurant CAVA to open in Bridgwater

CAVA, a Mediterranean culinary brand, announced Monday it will open its first fast-casual restaurant in Bridgewater, adding to its existing spot in Jersey City.

Hibiscus Express Island Grill to open in East Hanover

Commercial real estate firm Ripco Real Estate recently announced Morristown&#8217s Hibiscus Express is set to expand its footprint with a new location on Route 10 in East Hanover.

Eastman Companies reports strong leasing

Livingston-based commercial real estate firm Eastman Companies recently announced it saw over 30 transactions totaling 120,000 square feet of new leases and renewals during the first half of 2017.

The Bloom Organization sells office in Mount Laurel

Commercial real estate firm Colliers International recently announced it brokered the sale of a 106,000-square-foot industrial building in Mount Laurel.

West Orange apartment complex sells for 40.5M

Commercial real estate firm Gebroe-Hammer Associates recently announced it completed the sale of a 178-unit apartment complex in West Orange.

Blau Berg completes two industrial sales in Newark

Commercial real estate brokerage the Blau Berg Co. recently announced it brokered the sale of two industrial properties in Newark to Terreno Realty Corp.

Beavex inks lease in East Rutherford

Commercial real estate firm NAI James E. Hanson announced it has brokered the leasing of 24,488 square feet at 343 Murray Hill Parkway in East Rutherford.

Bussel, CBRE broker industrial sale in Middlesex

Commercial real estate firm Bussel Realty Corp. recently announced it has arranged the sale of an industrial asset located at 930 Lincoln Blvd. , Middlesex.

Weichert Commercial Brokerage announces new VP

Commercial real estate brokerage firm Weichert Commercial Brokerage recently announced Faith Miller has joined the firm&#8217s Edison office to serve as vice president.

Century 21 Real Estate names new CEO, president

Madison-based Century 21 Real Estate LLC announced Wednesday that Nick Bailey has been named CEO and president.

Bob's Discount Furniture to open first store at Greenleaf in Union

Commercial real estate firm CBRE recently announced Bob&#8217s Discount Furniture, the co-anchor of the Greenleaf at Union shopping center, is set to open Aug. 31.

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Bob's Discount Furniture to open first store at Greenleaf in Union

Commercial real estate firm CBRE recently announced Bob&#8217s Discount Furniture, the co-anchor of the Greenleaf at Union shopping center, is set to open Aug. 31.

House of Wine Liquor adds location in Woodbridge

Commercial real estate firm Levin Management Corp. recently announced it has brokered a 5,500-square-foot lease for House of Wine amp Liquor at St. Georges Crossing in Woodbridge.

House of Wine Liquor adds location in Woodbridge

Commercial real estate firm Levin Management Corp. recently announced it has brokered a 5,500-square-foot lease for House of Wine amp Liquor at St. Georges Crossing in Woodbridge.

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Camber, Advance acquire distribution center in Paterson

A joint venture between real estate firms Camber Real Estate Partners and Advance Realty recently announced it has acquired a 254,000-square-foot industrial facility in Paterson immediately off of I-80.

Accenture opens innovation center in Florham Park, responding to client demand

It's safe to say that any company willing to invest 1. 4 billion and hire 15,000 employees in innovation centers over the next three years holds business evolution in high regard.

Hartz Mountain, Cummins complete industrial facility at former Harrison Avenue Landfill

Commercial real estate firm Hartz Mountain Industries and engine and power product manufacturer Cummins Inc. recently announced the completion of a 57,000-square-foot training, sales and repair facility at the former Harrison Avenue Landfill in Kearny.

SKIDATA relocates U.S. HQ to New Brunswick

In an effort to remain close to its clients and better understand their needs, access solution and visitor management software firm SKIDATA recently announced it has relocated its U. S. headquarters from Hillsborough to 120 Albany St. , New Brunswick.

Law firm announces new head of real estate practice

Law firm Porzio, Bromberg Newman PC recently announced it has hired Joseph Paparo as a principal to lead its real estate practice group.

Cervelli sells 3 mixed-use properties in Union City for 2.9M

Commercial real estate firm Cervelli Real Estate Property Management recently announced the sale of three mixed-use properties along Summit Avenue in Union City.

Marcus Millichap complete 2.1M sale in Pleasantville

Commercial real estate firm Marcus Millichap recently announced it has completed the sale of an 8,060-square-foot Family Dollar in Pleasantville for 2. 1 million.

Larken Associates acquires office in Branchburg

Commercial real estate firm Larken Associates recently announced it completed the purchase of a two-story, 90,000-square-foot Class B office building in Branchburg.

Spirit Halloween to hire 30,000 employees this season

Egg Harbor Township-based seasonal retailer Spirit Halloween announced Monday that it plans to hire 30,000 employees for its retail and online operations this upcoming season.

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Levin adds pet supply retailer to Warren Plaza

At the 61,000-square-foot Warren Plaza in Washington, commercial real estate firm Levin Management Corp. recently announced it brokered a 4,400-square-foot lease for Cherrybrook Premium Pet Supplies.

Serena Lily to open design shop in Summit

Lifestyle and home decor brand Serena Lily recently announced it has plans to open its sixth retail location in the state, in Summit.

Levin adds pet supply retailer to Warren Plaza

At the 61,000-square-foot Warren Plaza in Washington, commercial real estate firm Levin Management Corp. recently announced it brokered a 4,400-square-foot lease for Cherrybrook Premium Pet Supplies.

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Serena Lily to open design shop in Summit

Lifestyle and home decor brand Serena Lily recently announced it has plans to open its sixth retail location in the state, in Summit.

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SIOR awards largest office sale to NAI Hanson exec

Commercial real estate firm NAI James E. Hanson recently announced that Scott Perkins, the firm&#8217s managing director, was awarded the 2016 Largest Office Sale Award by the New Jersey Chapter of the Society of Industrial and Office Realtors.

Specialty food e-tailer adds CTO

Yummy Bazaar, a Cinnaminson-based e-commerce company, has named a former Quidsi executive as its new chief technology officer, it announced.

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Kidz Village inks lease in Jersey City

Commercial real estate firm Levin Management Corp. recently announced it has arranged a 14,000-square-foot lease with Kidz Village at Twin City Shopping Center in Jersey City.

Gebroe-Hammer sells retail centers in Wayne, Waldwick

Commercial real estate firm Gebroe-Hammer Associates recently announced it brokered the sale of two retail centers totaling 116,500 square feet in Wayne and Waldwick.

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Kislak brokers sale of 119 units in East Orange

Commercial real estate firm The Kislak Co. recently announced the sale of Gaia Grand and Gaia Renaissance in East Orange.

Gebroe-Hammer sells retail centers in Wayne, Waldwick

Commercial real estate firm Gebroe-Hammer Associates recently announced it brokered the sale of two retail centers totaling 116,500 square feet in Wayne and Waldwick.

Alma Realty buys two office assets in Secaucus for 21M

Commercial real estate firm CBRE recently announced it worked alongside Rialto Capital in the sale of two office buildings totaling 212,666 square feet in Secaucus for 21 million.

Toys R Us names EVP, U.S. marketplace operations

Toys R Us Inc. , the Wayne-based toy retailer, announced Wednesday that Mark Johnson has been named executive vice president, U. S. marketplace operations, effective immediately.

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Meadowlands YMCA proof that Super Bowl will benefit region for decades

The NYC Metro Region may have hosted Super Bowl XLVIII three years ago, but the new Meadowlands Area YMCA is proof that its legacy will benefit the region for generations to come.

Hurricane BTW restaurant announces first N.J. location

Commercial real estate firm Ripco Real Estate recently announced that it brokered a lease for Hurricane BTW to open its first location in the state, in Woodland Park.

The Goldstein Group launches urban market service arm

Commercial real estate firm The Goldstein Group recently announced it has selected Scott Edlitz to lead a new division of the firm specializing in urban retail and advisory services, TGG Urban.

Wyndham Worldwide brand RCI to acquire DAE

Parsippany-based RCI, part of the Wyndham Worldwide brands, announced it has acquire DAE Global Pty Ltd. , operator of Dial An Exchange, an Australia-based timeshare exchange company, and Work International, a software company also in Australia.

MonGroup willing to pay the price to make its new project 'green'

For MonGroup CEO and President Dean Mon, creating a name in sustainable urban development is not only a way for his firm to stand out, but a way to give back to both its clients and the communities he and his firm have been welcomed to.

Advance Realty, DeBartolo to redevelop Ledgewood Mall

A partnership between Advance Realty and DeBartolo Development was recently approved to develop The Shops at Ledgewood Commons along Route 10 in Roxbury, replacing the struggling Ledgewood Mall with a diversified retail and dining complex.

Advance Realty, DeBartolo to redevelop Ledgewood Mall

A partnership between Advance Realty and DeBartolo Development was recently approved to develop The Shops at Ledgewood Commons along Route 10 in Roxbury, replacing the struggling Ledgewood Mall with a diversified retail and dining complex.

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Huron Valley Financial inks lase in Parsippany

Commercial real estate firm NAI Hanson recently announced it brokered a lease for 3,337 square feet of Class A office space between Micro Strategies, Genelle II LLC and Huron Valley Financial at Boulevard Commons Office Center.

Bergman Group inks 13 leases, 17 renewals in Lyndhurst

Commercial real estate firm Bergman Real Estate Group recently announced that since acquiring 1099 Wall St. West in Lyndhurst, the firm has completed 13 new leases and 17 renewals, raising the occupancy from 50 percent to 75 percent in 15 months.

Wawa sells former store in Ocean View

Commercial real estate firm The Goldstein Group recently announced it has brokered the sale of a 4,000-square-foot retail property in Ocean View.

Wawa sells former store in Ocean View

Commercial real estate firm The Goldstein Group recently announced it has brokered the sale of a 4,000-square-foot retail property in Ocean View.

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Commercial Real Estate Alert: Visual Story

The data in this visual presentation comes from the 2017 Commercial Real Estate Alert report. 

More Information

• Watch this visual story in full screen.

• Read the report.

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Urstadt Biddle trades mixed-use property in Bergen County

Commercial real estate firm Cushman Wakefield recently announced it has arranged the sale of a controlling equity interest of a grocery-anchored mixed-use property, Washington Commons, in Dumont.

Transwestern to manage 4.5M sq. ft. for Griffin Capital

Commercial real estate Transwestern recently announced Griffin Capital has chosen to expand the firm&#8217s management service assignment to encompass more than 4. 5 million square feet of office and industrial space.

Weiss Realty completes officeflex building sale in Pine Brook

Matthew Weiss of Moonachie-based Weiss Realty recently announced he and his firm brokered the sale of a 130,180-square-foot officeflex building in Pine Brook.

Urstadt Biddle trades mixed-use property in Bergen County

Commercial real estate firm Cushman Wakefield recently announced it has arranged the sale of a controlling equity interest of a grocery-anchored mixed-use property, Washington Commons, in Dumont.

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Instant Reaction: July Jobs Report

Employment gains in restaurants, professional services, and health care translates into continued demand for commercial office space. 

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Monmouth Real Estate acquires industrial building for 40.6M

Freehold-based real estate investment trust Monmouth Real Estate Investment Corp. announced Thursday it has acquired an industrial building in Concord, North Carolina, for 40. 6 million.

Bed Bath Beyond announces restructuring to eliminate 880 jobs nationwide

Union-based Bed Bath Beyond Inc. announced Thursday it plans to realign its store management structure by eliminating approximately 880 jobs.

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CPC closes 4.5 million in loans for Hoboken multifamily buildings

The Community Preservation Corp. recently announced it closed two permanent loans under the Freddie Mac Small Loan program. The firm said the loans were used to acquire two multifamily buildings on Madison Street, Hoboken.

CBRE announces project management team promotion

Commercial real estate firm CBRE recently announced it has promoted Eric Wagner to leader of the New Jersey Project management team for the firm.

Saxum acquires two buildings in downtown Summit

Commercial real estate firm Saxum Real Estate recently announced it has acquired two adjoining properties in downtown Summit, located at 367 Springfield Ave. and 40 Beechwood Ave.

N.Y. REIT acquires first South Jersey property

West Hempstead, New York-based real estate investment trust GTJ recently announced it has acquired a 109,700-square-foot property in Cherry Hill currently serving as Avalon Flooring&#8217s training and distribution facility for New Jersey, Pennsylvania and Delaware.

Wyndham splitting into hotel, timeshare companies hotel business staying in Parsippany

The Parsippany-based hospitality company Wyndham Worldwide is splitting itself into two publicly traded businesses, spinning off its hotel unit into a new pure-play firm, it announced.

ascena retail group consolidates leadership team

Mahwah-based ascena retail group inc. announced it has consolidated its leadership team as part of its effort to grow the company by enhance company culture and creating more shareholder value.

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Damascus Bakeries leases 204K sq.ft. in Clifton

Commercial real estate firms Tulfra Real Estate and The Hampshire Cos. recently announced they have fully leased a 204,000-square-foot property in Clifton to Brooklyn-based Damascus Bakeries.

Mountain Development to renovate Woodland Park office building

Commercial real estate firm Mountain Development Corp. recently announced extensive renovation plans for its 101,880-square-foot office property located at 5 Garret Mountain Plaza.

The Biber Partnership to relocate in Summit

Commercial real estate firm NAI James E. Hanson recently announced it represented landlord Lindabury, McCormick, Estabrook Cooper P. C. , in the Biber Partnership&#8217s leasing of 2,375 square feet at 480 Morris Ave. , Summit.

Lowenstein Sandler opens new office in Roseland

Shortly after upgrading and expanding its Midtown Manhattan office, the law firm Lowenstein Sandler LLP announced it has officially opened its New Jersey office and become the anchor tenant at One Lowenstein Drive, Roseland.

2017 NAR Commercial Member Profile

Download (PNG 3.12MB)

This infographic highlights findings from the 2017 NAR Commercial Member Profile. 

More Information:

• See the report

• ... Read More
  
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Realtors® Report Finds 11 Percent Increase in Commercial Member Income, 19 Percent Increase in Sales Transaction Volume

WASHINGTON (August 2, 2017) – Commercial real estate markets continue to improve, with Realtors® specializing in commercial real estate reporting both an increase in member’s gross income and sales volume, according to the National Association of Realtors® 2017 Commercial Member Profile.

The annual study's results represent Realtors®, members of NAR, who conduct all or part of their business in commercial sales, leasing, brokerage and development for land, office and... Read More

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Real estate experts discuss future of Jersey City at Bisnow panels

Real estate experts addressed the current state of the Jersey City market, and its outlook for potential growth, in a series of panels recently held by Bisnow at Liberty State Park.

Lotus Equity announces Newark Bears Stadium redevelopment architects

Four architectural firms have been chosen by developer Lotus Equity Group to take on its Newark Bears Stadium redevelopment project.

Rutgers' Center for Real Estate announces 2017 advisory board, emerging leaders council

The Center for Real Estate at Rutgers Business School recently announced its 2017 advisory board and emerging leaders council.

Equity Real Estate wraps up sale in Paramus

Commercial real estate brokerage firm Equity Real Estate recently announced it completed the sale of a 38,500-square foot property in Paramus.

Gebroe-Hammer completes 10M sale in Brick

Commercial real estate firm Gebroe-Hammer Associates recently announced it completed the sale of Olympic Village, in Brick, for 10. 1 million.

Wok to Walk opens second location in New Jersey

Commercial real estate firm Ripco Real Estate recently announced it negotiated a lease in Hoboken for Wok to Walk to open its second location in New Jersey.

Glory days restored Developers, officials hope to return Bergen County city of Hackensack to past success through mixed-use projects

For Heritage Capital Principal Jeff Greenberg, being a part of revitalization of downtown Hackensack combines the opportunity of a market ready to boom and the history of the city.

Looking long term It may seem trendy to build in Jersey City, but recent development is culmination of years of interest from builders with high hopes

When we hear about Jersey City nowadays, we often hear about it in the form of a groundbreaking or a ribbon-cutting ceremony. The city has seen rapid growth in the last decade and shows no signs of slowing down.

Destination Maternity, French company call off merger plan

Moorestown-based retailer Destination Maternity and the European company Orchestra-Premaman S. A. have called off a merger announced in December, the two said Thursday.

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WinnCompanies announces 18.7M rehab of Bridgeton affordable housing property

After announcing in March its purchase of Bridgeton Villas, a 156-unit affordable housing community in Bridgeton, developer WinnCompanies recently broke ground on an 18. 7 million rehabilitation initiative.

CBRE brokers 16.7M office sale in Roseland

Commercial real estate firm CBRE recently announced it has brokered the sale of a 281,762-square-foot property at the 280 Corporate Center Business Park, just off of Exit 5 of Interstate 280.

Sanzari announces lease renewals in Hackensack, Teaneck

Commercial real estate firm Alfred Sanzari Enterprises announced eight firms have agreed to lease renewals at Court Plaza South in Hackensack and Glenpointe in Teaneck. The firm said it has seen 40,300 and 20,000 square feet worth of renewals, respectively, at its properties.

Marcus Millichap completes sale in Bayonne

Commercial real estate firm Marcus Millichap recently announced it brokered the sale of a 5,600-square-foot retail property in Bayonne for 1. 075 million.

Marcus Millichap completes sale in Bayonne

Commercial real estate firm Marcus Millichap recently announced it brokered the sale of a 5,600-square-foot retail property in Bayonne for 1. 075 million.

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Cheeburger Cheeburger inks lease at retail center in Howell

Commercial real estate firm Levin Management recently announced it brokered the leasing of 3,400 square feet at Aldrich Plaza, allowing Cheeburger Cheeburger to relocate to Howell.

Cheeburger Cheeburger inks lease at retail center in Howell

Commercial real estate firm Levin Management recently announced it brokered the leasing of 3,400 square feet at Aldrich Plaza, allowing Cheeburger Cheeburger to relocate to Howell.

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Boston Properties acquires Princeton office building for 15.8M

Commercial real estate firm Cushman Wakefield recently announced it arranged the sale of a 96,000-square-foot Class A office building at 103 Carnegie Center Drive, Princeton.

Camden County Improvement Authority pays 13.9M for 102K sq.ft. building

The Camden County Improvement Authority recently announced it has purchased a 102,000-square-foot building along Camden&#8217s &#8220eds and meds&#8221 corridor.

Sitar announces Q2 transactions

Iselin-based commercial real estate firm Sitar Realty Co. recently announced its second-quarter transactions.

CW sees bright future for N.J.'s industrial market, thanks to e-commerce and retail

E-commerce and last-mile delivery were the themes for the New Jersey industrial real estate market at Cushman Wakefield&#8217s midyear overview and outlook event this year.

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CW sees bright future for N.J.'s industrial market, thanks to e-commerce and retail

E-commerce and last-mile delivery were the themes for the New Jersey industrial real estate market at Cushman Wakefield&#8217s midyear overview and outlook event this year.

Malls, office parks are not obsolete if owners are clever, real estate firms say

While the public is sometimes led to believe that malls will soon become obsolete, the repurposing of malls has and continues to show it is a viable option for owners, commercial real estate firm Transwestern said in a recent report.

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Malls, office parks are not obsolete if owners are clever, real estate firms say

While the public is sometimes led to believe that malls will soon become obsolete, the repurposing of malls has and continues to show it is a viable option for owners, commercial real estate firm Transwestern said in a recent report.

Retail availability grows in Q2, Colliers report says

In a recently published second-quarter retail report for northern and central New Jersey, commercial real estate firm Colliers International said the regions saw a combined 543,128 square feet of negative net absorption.

Haz International inks lease in Edison

Commercial real estate firm Bussel Realty Corp. recently announced it has negotiated a 10,608-square-foot lease on behalf of Haz International at 60 Campus Drive, Edison.

HFF brokers sale of The Addison in Newark

Commercial real estate firm Holliday Fenoglio Fowler recently announced it has brokered the sale of a 15-story, 219-unit apartment complex in Newark on behalf of Azure Partners.

WCRE represents CFFS in purchase of new HQ in Voorhees

Wolf Commercial Real Estate announced Friday it has represented Center for Family Services in the purchase of an office property in Voorhees.

The process of innovation Sixers' Camden incubator opens doors with first four tech startup companies

Perhaps it was only fitting that, when a professional sports team decided to create an incubator and innovator space, it would scan the college circuit for some of the top prospects in the entrepreneurial game.

Developers break ground for Hoboken condo project

A joint venture between Derby Consulting and Crimson Capital recently held a groundbreaking ceremony for a 15-unit condo project at 722 Jefferson St. , Hoboken.

NAI Hanson brokers sale of former Cherokee Trading Post in Budd Lake

Commercial real estate firm NAI James E. Hanson recently announced it has brokered the sale of the former Cherokee Trading Post in Budd Lake.

NAI Hanson brokers sale of former Cherokee Trading Post in Budd Lake

Commercial real estate firm NAI James E. Hanson recently announced it has brokered the sale of the former Cherokee Trading Post in Budd Lake.

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Netta Architects completes sport venue renovation in Roselle

A team of Mar-Bridge Enterprises and architectural firm Netta Architects recently announced the completion of a 7 million renovation and modernization program at the Warinanco Park Skating Rink to create a year-round venue.

HFF sells waterfront site in Edgewater

Commercial real estate firm Holliday Fenoglio Fowler recently announced it closed the sale of a 1. 73-acre site along the Hudson River in Edgewater.

CBRE completes 115M sale of 500 Plaza Drive tower in Secaucus

CBRE Institutional Properties recently announced it brokered the 115 million sale of 500 Plaza Drive, Secaucus, on behalf of a venture between Marcus Partners and a global institutional partner.

Famous Footwear joins Hanover Crossroads

Commercial real estate firm Key Properties recently announced it has negotiated a 7,000-square-foot lease for Famous Footwear to join Hanover Crossroads, its shopping center currently under development in Cedar Knolls.

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Trademark Management inks lease in Wall Township

Commercial real estate firm Sheldon Gross Realty recently announced it brokered a lease for Trademark Management Group.

Famous Footwear joins Hanover Crossroads

Commercial real estate firm Key Properties recently announced it has negotiated a 7,000-square-foot lease for Famous Footwear to join Hanover Crossroads, its shopping center currently under development in Cedar Knolls.

Brooklyn fire, security systems seller moves to Ridgefield Park

A Brooklyn fire and security systems business is moving from Brooklyn to Ridgefield Park, where it purchased a 4,500-square-foot property.

NJBIZ announces Forty Under 40 for 2017

NJBIZ has revealed the 2017 winners of one of its most popular awards the Forty Under 40. These up-and-coming stars of the New Jersey business community have achieved professional excellence at a young age, representing the future of their industries and the state as a whole.

Target, Federal Realty break ground for 'new' concept in Parsippany

The official groundbreaking of the small-format Target store in Parsippany's Troy Hills Shopping Center marked a significant step for the retailer and its footprint in New Jersey a move from traditional stores and a relatively new focus on high-density urban centers.

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Simone Development acquires first medical asset in N.J.

Medical developer Simone Development Cos. recently announced it has made its first move into northern New Jersey with the acquisition of a 62,000-square-foot medical office building near Hackensack University Medical Center.

Target, Federal Realty break ground for 'new' concept in Parsippany

The official groundbreaking of the small-format Target store in Parsippany's Troy Hills Shopping Center marked a significant step for the retailer and its footprint in New Jersey a move from traditional stores and a relatively new focus on high-density urban centers.

HFF closes 73M, 439-unit sale in Plainsboro

Commercial real estate firm Holliday Fenoglio Fowler recently announced it represented Harbor Group International in a 73. 25 million sale of The Addison at Princeton Meadows in Plainsboro to a private buyer.

LAN Associates expands Midland Park HQ

Design and engineering services firm LAN Associates recently announced it has expanded its New Jersey office in Midland Park by 3,000 square feet and expanded its staff by adding 10 new members.

Chinese developers announce first project in Jersey DMG Investments to bring condos to Cliffside Park

For Jacky He, the executive vice president of DMG Investments, developing condominiums in Cliffside Park was largely influenced by the borough&#8217s similarity to his home in China.

The ties that bind At Hopewell's distinctive retailer Twine, owner's sense of community makes perfect business sense in the Amazon era

Amid a most unusual collection of items &#8212 everything from a bowl of Scrabble tiles, crazy socks, hard-to-find books and candy, vintage furniture and every craft item you can imagine &#8212 is a most unusual sign.

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Q2 shows positive signs for S. Jersey office market, WCRE says

In its latest southern New Jersey quarterly market analysis, commercial real estate firm Wolf Commercial Real Estate reported a 24 percent increase in lease executions and a rise in sales volume worth 46. 1 million during the second quarter of 2017.

Marcus Millichap sells retail in West Milford

Commercial real estate firm Marcus Millichap recently announced the sale of a 12,350-square-foot property in West Milford to a private investor in a 1031 exchange.

Construction industry adds 16K jobs in June, builders group says

Overall construction employment expanded 3. 1 percent in June in a year-over-year basis, adding 16,000 jobs nationally in the process, according to an analysis of data from the U. S. Bureau of Labor Statistics by the Associated Builders Contractors.

CW named marketing agent in Wayne, leasing agent in Bridgewater

Commercial real estate firm Cushman amp Wakefield recently announce it has been selected as the exclusive leasing agent for a 198,376-square-foot Class A office property in Bridgewater.

Louis Berger names COO to new role as president of international operations

Morristown-based professional services corporation Louis Berger has named a new president for its international division, it announced recently.

Hartz Mountain breaks ground for Whole Foods in Weehawken

Weehawken Mayor Richard Turner and Hartz Mountain Industries principals recently held a ceremony commemorating the official start of construction on a 32,949-square-foot Whole Foods on the Weehawken waterfront.

Gebroe-Hammer announces 181.4M in June sales in N.J., Pa.

Commercial real estate firm Gebroe-Hammer Associates recently announced it has brokered 181. 42 million in sales in New Jersey and Pennsylvania for the month of June, in a combined 16 transactions comprising 1,290 units.

Colliers to manage leasing of Stockton Aviation research park

Commercial real estate firm Colliers International recently announced it has been selected as the exclusive leasing agent for the Stockton Aviation Research and Technology Park in Mount Laurel.

Kislak makes biggest apartment sale in Salem County history

Commercial real estate firm Kislak Co. recently announced it has negotiated the sale of three properties totaling 313 residential units and 50,400 square feet of retail space for 23. 05 million.

Hampshire, Claremont, Circle Squared Alternative open community in Westfield

A joint venture by The Hampshire Cos. and Claremont Cos. and investment adviser Circle Squared Alternative Investments recently held a ribbon-cutting ceremony at 333 Central Ave. , Westfield.

Industrial real estate market showed no signs of slowing down in Q2, CW says

The second quarter of 2017 was the 18th consecutive quarter of positive net absorption, according to a recent industrial report on the northern and central New Jersey markets by commercial real estate firm Cushman Wakefield.

Onyx, Rubenstein, Russo sell assets in Basking Ridge, Woodbridge

As part of a short-term, value-add operation, Onyx Equities and Rubenstein Partners recently announced the sale of a 307,000-square-foot asset in Basking Ridge. Meanwhile, in Woodbridge, Onyx partnered with Russo Development in the sale of a former Hess building.

Demand for Class A office yields positive absorption in North, Central Jersey, JLL says

The northern and central regions of the state saw improvements in their respective office markets in the second quarter, particularly for Class A product, commercial real estate firm JLL reported.

Transwestern and its rec tenants are finding value in industrial spaces

When Lefika Ragontse sought to open its second squash club in the U. S. , and the first one in New Jersey, it worked alongside Transwestern&#8217s managing director, Jeffrey Furey, who has grown to specialize in placing recreational tenants in industrial spaces.

Safilo relocates its North American HQ to Secaucus

Safilo, an Italian eyewear creator, manufacturer and distributor, announced Monday it has relocated its North American headquarters from Parsippany to Secaucus.

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Floor Decor opens in Paramus

Commercial real estate firm The Goldstein Group announced it has negotiated a lease for 62,000 square feet at a former Sports Authority retail facility in Paramus for Floor amp Decor.

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Colliers closes 2.7M sale in Burlington

Commercial real estate firm Colliers International recently announced it has brokered the sale of a 40,500-square-foot industrial building in Burlington for 2. 7 million.

Newmark Associates brokers sales in Dover, Clifton

Commercial real estate firm Newmark Associates recently announced it has completed 9 million in sales of two industrial properties in Morris and Passaic counties.

Floor Decor opens in Paramus

Commercial real estate firm The Goldstein Group announced it has negotiated a lease for 62,000 square feet at a former Sports Authority retail facility in Paramus for Floor amp Decor.

Transwestern names N.J. director of operations

Commercial real estate firm Transwestern has announced Lisa Addeo has joined the firm and will serve as the director of operations for the firm&#8217s New Jersey office.

WCRE completes sale of school building in Westampton

Commercial real estate firm Wolf Commercial Real Estate recently announced it has completed the sale of the former Friends Academy of Westampton to The Benjamin Banneker Preparatory Charter School.

Marcus Millichap completes 2.2M sale in Guttenberg

Commercial real estate brokerage Marcus Millichap recently announced it had completed a 2. 2 million sale of two multifamily buildings, totaling 16 units, in Guttenberg.

Rockefeller completes 57M deal for 228 acres in Piscataway 2.4M sq.ft. of logistics space planned

Commercial real estate firms Lincoln Equities Group and Real Capital solutions recently announced the sale of a 228-acre site in Piscataway to Rockefeller Group for 57 million.

Bijou, Intercontinental break ground in Hoboken

Development firms Bijou Properties and Intercontinental Real Estate Corp. recently announced they broke ground at the site of their 424-unit and 6,835-square-foot public gymnasium in Hoboken.

Marcus Millichap completes sale in Bound Brook

Commercial real estate firm Marcus Millichap recently announced it completed the sale of an 8,400-square-foot retail property in Bound Brook for 3. 15 million.

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NAI Hanson brokers office building sale in Maplewood

Commercial real estate firm NAI James E. Hanson recently announced it has successfully negotiated a sale of an 11,500-square-foot office property at 2115 Millburn Ave. , Maplewood.

Marcus Millichap completes sale in Bound Brook

Commercial real estate firm Marcus Millichap recently announced it completed the sale of an 8,400-square-foot retail property in Bound Brook for 3. 15 million.

Capodagli awarded key to Dover at long-awaited groundbreaking

Dover Mayor James Dodd and members of his administration joined George Capodagli and the Capodagli Property Co. last week to commemorate the start of construction of the Meridia Transit Plaza, a 57 million project in the heart of Dover.

Can small apartments fill big need? Nest Micro Apartments to bring affordable living to costly Jersey City

With thousands of units seemingly going up every quarter, one wouldn't necessarily think booming Jersey City has a housing problem.

Point of pride For Wendy Neu, transformative Kearny Point project is culmination of a life spent giving back, rebuilding

Wendy Kelman Neu was facing a difficult crossroads.

Carpenters union officer approved for seat on Horizon board

John Ballantyne, the executive secretary-treasurer of the Northeast Regional Council of Carpenters, was approved by a full state Senate vote Thursday for a four-year appointment on the board of directors for Horizon Blue Cross Blue Shield of New Jersey.

Mamoun's Falafel adds location in Fort Lee

Mamoun&#8217s Falafel recently announced it has added a new 1,615-square-foot location at Tucker Development and Kushner Real Estate Group&#8217s Hudson Lights in Fort Lee.