Stone Systems signs lease in Fairfield

Commercial real estate firm NAI James E. Hanson announced it has brokered a long-term lease at 5 Washington Ave. , Fairfield, between Stone Systems of NJ and 5 Washington Avenue HUH LLC.

Marcus Millichap closes sale in Manasquan

Marcus Millichap announced the sale of a mixed-use property at 140 Main St. , Manasquan, between two limited liability companies.

Roseland details flurry of activity as 2016 ends and 2017 begins

Roseland Realty Trust closed out 2016 and has started the new year with some major activity, parent Mack-Cali Realty Corp. announced in a news release detailing some of the projects.

Howard Hughes Corp. submits redevelopment plan for former American Cyanamid site

The Howard Hughes Corp. earlier this month submitted its ambitious master plan to redevelop the 653-acre former American Cyanamid site in West Windsor.

Broadridge Financial coming to Newark, along with 1,000 jobs

Commercial real estate firm CK Properties announced Monday that Broadridge Financial Solutions has signed a lease to open a Newark office, bringing about 1,000 jobs to the city.

Kislak completes 9.64M sale of retail center in Bayonne

Woodbridge-based The Kislak Co. Inc. announced the recent sale of a Family Dollar-anchored shopping center in Bayonne for 9. 64 million.

Kislak completes 9.64M sale of retail center in Bayonne

Woodbridge-based The Kislak Co. Inc. announced the recent sale of a Family Dollar-anchored shopping center in Bayonne for 9. 64 million.

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Wok to Walk to open its first N.J. restaurant

Wok to Walk, an Asian-themed fast casual restaurant chain, has opened its first New Jersey restaurant, according to Ripco Real Estate.

ABC Supply cuts ribbon at new Plainfield facility

Plainfield Mayor Adrian Mapp, members of the city council, the New Jersey Redevelopment Authority and ABC Supply Co. participated in the ribbon-cutting ceremony at ABC&#8217s new facility in the city last week.

Wok to Walk to open its first N.J. restaurant

Wok to Walk, an Asian-themed fast casual restaurant chain, has opened its first New Jersey restaurant, according to Ripco Real Estate.

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Making it on their own Pharmacies finding models that work for independents

Bill Ashnault has co-owned an independent pharmacy for 10 years.

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Plowing ahead Kris Holland is happy to pay the price to make Black River the best landscaping firm it can be

It's more than just a little bit ironic. In a business where seeing is believing, Kris Holland, the owner and operator of Black River Landscape Management in Randolph, feels that what customers don't see is what separates him from his competitors.

Chase Bank location sells in Westwood for 2.1M

A Chase Bank has sold in Westwood for 2. 1 million, according to Marcus Millichap.

Chase Bank location sells in Westwood for 2.1M

A Chase Bank has sold in Westwood for 2. 1 million, according to Marcus Millichap.

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Energy supplier relocates HQ to Sanzari-owned Heights Plaza

Wind Turbine Energy Cables is relocating its corporate headquarters from Fort Lee to the Heights Plaza in Hasbrouck Heights, according to Hackensack-based real estate development firm Alfred Sanzari Enterprises.

Realogy announces franchise group leadership succession plan

Madison-based Realogy Holdings Corp. , a residential real estate services company, announced the promotion of John Peyton to CEO and president of the Realogy Franchise Group, effective April 1.

Marcus Millichap complete sale of 2.45M retail property

Marcus Millichap announced Thursday the sale of a retail property in Edison for 2. 45 million, according to Brian C. Hosey, regional manager of the firm&#8217s New Jersey office.

Campbell outlines 4 new platforms to drive growth over the next decade

Campbell Soup Co. announced its strategic direction to drive growth over the next decade at the Consumer Analyst Group of New York Conference in Boca Raton, Florida, on Wednesday.

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Dance academy leases space in Teaneck

Real estate firm Transwestern announced it has finalized a leasing agreement between the Tate Academy and Stonegate Building.

Blau Berg inks leases at Short Hills Executive Center

Commercial real estate firm The Blau Berg Co. announced Thursday it has handled several new leases at the Short Hills Executive Center.

Rutgers Hall's Class of 2017 features prominent businesspeople

The Rutgers University Alumni Association will induct four honorees into the Rutgers Hall of Distinguished Alumni on May 6, and the event will have a distinct business flair, featuring accomplished leaders in investing, construction, technology and health care.

Stable Growth Expected for Commercial Real Estate in 2017

WASHINGTON (February 23, 2017) — Steered ahead by strengthening demand in smaller markets, the commercial real estate sector should remain on stable ground in 2017 and offer decent returns for investors, according to the latest National Association of Realtors® quarterly commercial real estate forecast.

National office vacancy rates are forecast by Realtors® to retreat 1.1 percent to 12.1 percent over the coming year as job growth in business and professional services brings increased need for office space. The... Read More

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Toys R Us cutting 250 jobs at Wayne HQ

Toys R Us is cutting jobs at its Wayne headquarters, it said Wednesday.

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Mobista Home Furnishing inks lease in Paterson

Commercial real estate firm NAI James E. Hanson announced it had completed the leasing of 23,152 square feet for Mobista Home Furnishing LLC in Paterson.

PHH Corp. appoints SVP, servicing

Mount Laurel-based PHH Corp. announced Tuesday that Stephen Staid has been appointed senior vice president, servicing.

KW International leases industrial space in Ridgefield

Commercial real estate firm Colliers International announced it brokered the leasing of an industrial space for KW International in Ridgefield.

Levin Management appoints senior leasing agent

North Plainfield-based real estate services firm Levin Management Corp. recently announced it has appointed Kyle Farley as its new senior leasing agent.

NAI Hanson report shows changes in medical office market

A report recently published by commercial real estate firm NAI James E. Hanson shows that Q4 of 2016 brought mixed results for the medical office market in northern New Jersey.

Marcus Millichap forecasts strong year for multifamily

Marcus Millichap said it expects northern New Jersey to continue to see growth in the multifamily market sector, according to a report recently published by the commercial real estate firm.

Red Pine acquires Red Lobster in Union

Red Pine Capital Partners LLC recently announced the acquisition of a Red Lobster in Union for 6. 5 million.

Red Pine acquires Red Lobster in Union

Red Pine Capital Partners LLC recently announced the acquisition of a Red Lobster in Union for 6. 5 million.

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Slow and steady The Greene Turtle, big in the Mid-Atlantic, has huge growth plans in New Jersey

As The Greene Turtle concentrically expanded more than 300 miles outside of its origins in Ocean City, Maryland, Bob Barry said the popular casual dining brand missed an important spot.

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Here's the Top 10 CRE developers in N.J. You'll never guess how much square footage No. 1 controls

NJBIZ recently released the Top 30 largest commercial real estate developers, based on square footage owned or controlled in New Jersey.

The Goldstein Group brokers sale of 7-Eleven in Runnemede

The Goldstein Group, a provider of retail real estate services, announced Monday it has arranged the sale of a 7-Eleven in Runnemede.

WCRE represents Alan James in leasing, marketing of Pa. industrial building

WCRE announced Friday it has represented Alan James Inc. in leasing and marketing a 146,300-square-foot industrial building in Pennsylvania.

The Goldstein Group brokers sale of 7-Eleven in Runnemede

The Goldstein Group, a provider of retail real estate services, announced Monday it has arranged the sale of a 7-Eleven in Runnemede.

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Gebroe-Hammer Associates announces 4 executive promotions

Livingston-based multifamily real estate firm Gebroe-Hammer Associates recently announced the promotion of one administrator and three brokers to executive roles.

Jersey Mike's Subs opens new Raritan branch

Levin Management recently announced the addition of Jersey Mike&#8217s Subs in the Somerville Circle Shopping Center in Raritan.

Jersey Mike's Subs opens new Raritan branch

Levin Management recently announced the addition of Jersey Mike&#8217s Subs in the Somerville Circle Shopping Center in Raritan.

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NAI Hanson closes industrial building deal in New York

Commercial real estate firm NAI James E. Hanson recently announced it has brokered the sale of an 96,500-square-foot industrial building in New York.

Airbnb sees growth in the state N.J. hosts earned over 50M in 2016

It sure sounds as though it might pay to rent out that extra bedroom.

Tenant activity brings flurry of leasing to 9W Office Center in Fort Lee

There&#8217s been a flurry of leasing activity at the 9W Office Center in Fort Lee, according to Vision Real Estate Partners.

LAMATEK to expand manufacturing facility to add 20 new jobs over the next few years

LAMATEK recently announced it has planned to expand its manufacturing facility in West Deptford.

HFF sells downtown New Brunswick building

Commercial real estate firm HFF recently announced the sale of a two-story building in downtown New Jersey

Advance Realty acquires The Metropolitan in Hoboken

Real estate firm Advance Realty announced it purchased of The Metropolitan in Hoboken, it announced Thursday.

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Advance Realty acquires The Metropolitan in Hoboken

Real estate firm Advance Realty announced it purchased of The Metropolitan in Hoboken, it announced Thursday.

North Bergen shopping center sells for 19 million

Commercial real estate firm Cushman Wakefield recently announced it had orchestrated the 19 million sale of a shopping center in North Bergen.

North Bergen shopping center sells for 19 million

Commercial real estate firm Cushman Wakefield recently announced it had orchestrated the 19 million sale of a shopping center in North Bergen.

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NJBIZ reveals Best Places to Work for 2017

What makes a company one of the Best Places to Work in New Jersey?Something each one of this year's winners shares is a focus on their employees and their professional environment. These are the 2016 Best Places to Work in New Jersey, listed alphabetically and divided by company size.

NJBIZ reveals Best Places to Work for 2017

What makes a company one of the Best Places to Work in New Jersey? It could be one of many things, from worklife balance to salary and benefits, but something each one of this year's winners shares is a focus on their employees and their professional environment.

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CREW NJ holds panel on changing landscape of retail, food

Malls was the word of the day at the Commercial Real Estate Women of New Jersey panel discussion on Wednesday.

Teaneck apartment property fetches 1M-plus

A Teaneck apartment building has been sold for 1. 075 million, according to real estate services firm Marcus Millichap.

MU international purchases warehouse in Branchburg

Bridgewater-based commercial real estate firm Atlantic Real Estate Services recently announced the sale of a warehouse in Branchburg.

Putting down roots The Halal Guys eager to bring distinct taste and unique training program to Jersey

Both Nazmul Huda and Khattab Abuattieh fondly remembered how they would eagerly wait in long lines alongside the carts.

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Suburban swing Woodmont, always one step ahead, brings new twist to multifamily boom

When CEO Eric Witmondt and his executive team talk about their latest multifamily project, they quickly rattle off all the amenities that can be found at dozens of communities that they and others have built across the state in the past decade.

2016 Q4 Commercial Real Estate Market Survey

Download (PDF 1.49MB)

The REALTORS® Commercial Real Estate Market Trends measures quarterly activity in the commercial real estate markets, as reported in a national survey. The survey collects data from REALTORS® engaged in commercial real estate transactions. The survey is designed to provide an overview of market performance, sales and leasing transactions, along with information on current economic challenges and future expectations.

... Read More

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2016 Q3 Commercial Real Estate Market Survey

Download (PDF 841KB)

The REALTORS® Commercial Real Estate Market Trends measures quarterly activity in the commercial real estate markets, as reported in a national survey. The survey collects data from REALTORS® engaged in commercial real estate transactions. The survey is designed to provide an overview of market performance, sales and leasing transactions, along with information on current economic challenges and future expectations. 

Highlights... Read More

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NJBIZ Coolest Offices 2017 It's time to show us your coolest offices again!

For the second year in a row, NJBIZ is looking for the coolest, trendiest, most unique places to work in New Jersey. Does your desk light up the entire room? Are your cubicle walls gone and modern art is in their place? If your office fits the bill, email Spotlight reporter brettjnjbiz. com with NJBIZ cool offices in the subject line and let him. . .

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NJBIZ Coolest Offices 2017 It's time to show us your coolest offices again!

For the second year in a row, NJBIZ is looking for the coolest, trendiest, most unique places to work in New Jersey. Does your desk light up the entire room? Are your cubicle walls gone and modern art is in their place? If your office fits the bill, email Spotlight reporter brettjnjbiz. com with NJBIZ cool offices in the subject line and let him. . .

Piping contractor expands into nearby Waldwick building

A piping contractor has leased 9,250 square feet of space in Waldwick, according to commercial real estate firm NAI James E. Hanson.

Look, up in the sky! Bell Works getting mammoth PV skylight

Photovoltaic, or PV, glass &#8212 which captures solar energy &#8212 appears to be the next addition to Somerset Development&#8217s transformation of Bell Works. The firm has announced it has begun to install a skylight capable of converting solar energy to power parts of the building.

HFF hires former NorthMarq Managing Director Nalbandian

Commercial real estate firm HFF recently announced the addition of Gregory Nalbandian to its New Jersey office. Nalbandian, who previously worked at NorthMarq Capital LLC, will focus on debt and equity placement transactions.

Veteran executive John Cunningham joins JLL life sciences team

Real estate investment and management firm Jones Lang LaSalle recently announced John Cunningham will join its office in Parsippany. Cunningham&#8217s addition as executive vice president is part of a strategic plan to expand the firm&#8217s life sciences practice group.

Animals in Homes

Download (JPG 470KB)

The information in this infographic is from the Remodeling Impact: Animals in Homes report.

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Pakistani restaurant joins tenant mix at Fords Shopping Center

Fords-based Zaika BBQ Grill, a Pakistani restaurant, has leased space at the Fords Shopping Center in the Fords section of Woodbridge, Levin Management, exclusive leasing agent of the 67,000-square-foot center, announced recently.

Pakistani restaurant joins tenant mix at Fords Shopping Center

Fords-based Zaika BBQ Grill, a Pakistani restaurant, has leased space at the Fords Shopping Center in the Fords section of Woodbridge, Levin Management, exclusive leasing agent of the 67,000-square-foot center, announced recently.

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The Goldstein Group brokers sale of building in Eatontown

The Goldstein Group announced recently it has arranged the sale of a 11,200-square-foot building in Eatontown.

Campbell's controller to retire

Campbell Soup Co. announced Thursday that William O&#8217Shea, 59, controller and vice president, has announced his retirement, effective June 1.

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Coldwell Banker expands in N.J.

Coldwell Banker Commercial Advisors announced recently it has expanded its New Jersey market presence and leasing portfolio with the addition of two new Class A office buildings.

Cushman Wakefield completes 3 industrial sales 5 properties

East Rutherford-based real estate services firm Cushman Wakefield announced Thursday that its Metropolitan Area Capital Markets Group has completed three industrial sales involving five buildings in Newark, Linden and Edison.

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Cushman Wakefield completes 3 industrial sales 5 properties

East Rutherford-based real estate services firm Cushman Wakefield announced Thursday that its Metropolitan Area Capital Markets Group has completed three industrial sales involving five buildings in Newark, Linden and Edison.

NAI Hanson finalizes sale of industrial property in Mahwah

Commercial real estate firm NAI James E. Hanson announced it had finalized the sale of an industrial property in Mahwah.

Equity Real Estate closes industrial deals throughout N.J.

Equity Real Estate Brokerage LLC, a commercial real estate service form, has closed several industrial real estate deals throughout New Jersey, it announced Wednesday.

Toys R Us names new general counsel

Wayne-based retailer Toys R Us Inc. said Tuesday it has hired Cornell Boggs its execute vice president and general counsel, effective Feb. 15.

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WCRE appointed leasing agent for medical office portfolio in South Jersey

Wolf Commercial Real Estate, a real estate brokerage and advisory firm, announced Wednesday it has been appointed the exclusive leasing agency for a medical office portfolio in Moorestown and Washington Township.

Colliers facilitates 4M sale of two industrial buildings in Camden

Colliers International in southern New Jersey announced Monday it has facilitated the sale of two industrial buildings to EMR Group, a metal recycler, for 4 million.

Food packaging company moving manufacturing operations from New York to Piscataway

A New York-based food packaging company is moving its manufacturing operations to Piscataway after purchasing a 95,483-square-foot industrial property there, according to Bussel Realty Corp.

Blue Apron building 495K sq.ft. fulfillment center in Linden 2K jobs coming

Blue Apron, a leading fresh meal kit delivery company based in New York City, announced plans to expand its operations and employ over 2,000 people in New Jersey, with the construction and opening of a new 495,000-square-foot fulfillment center in Linden later this year.

LG breaks ground on Englewood Cliffs HQ

LG Electronics North America held a groundbreaking ceremony Tuesday in Englewood Cliffs, marking the start of construction of its new North American headquarters campus.

Ripco named leasing agent for mixed-use development in downtown Bloomfield

BNE Real Estate announced Tuesday it has named Ripco Real Estate to serve as the exclusive retail leasing agent for a luxury mixed-use residential and retail development in downtown Bloomfield.

Better Homes and Gardens Real Estate expands to Cumberland County

The Better Homes and Gardens Real Estate LLC brand is expanding its New Jersey presence, with a South Jersey firm becoming part of the franchise network.

Winter 2017: Evolution or Revolution?

Table of Contents

 

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Onyx plans major update for Morristown building picks NGKF to market it

Onyx Equities LLC is planning a major renovation for a Morristown property it has acquired, and has chosen Newmark Grubb Knight Frank to reposition the building, it announced Friday.

Minotaur Management to convert Hackensack property into apartments

Alexander Anderson Real Estate Group announced the sale of 17 Mercer St. in Hackensack today.

Law firm Seeger Weiss inks Ridgefield Park move

Law firm Seeger Weiss LLP signed a long-term lease with real estate firms The Kushner Cos. and KABR Group LLC in Ridgefield Park, Cushman Wakefield announced Thursday.

Where are N.J.'s most affordable places to live?

For a third consecutive year, financial technology company SmartAssets has release a statewide ranking of the most affordable places to live in New Jersey. And the southern half of the state looks like the place to be.

Tory Burch accepts EDA incentive, signs lease in Jersey City

Lifestyle brand Tory Burch finalized a 93,000-square-foot office lease in Jersey City in January, accepting a 10. 7 million incentive from the New Jersey Economic Development Authority to come to New Jersey.

Tory Burch accepts EDA incentive, signs lease in Jersey City

Lifestyle brand Tory Burch finalized a 93,000-square-foot office lease in Jersey City in January, accepting a 10. 7 million incentive from the New Jersey Economic Development Authority to come to New Jersey.

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Blau Berg names executive VP

Commercial real estate brokerage firm Blau Berg Co. announced Tuesday that Alessandro Conte has become a shareholder and executive vice president of the firm.