NAR Commercial Members & RPAC in 2016

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This infographic summarizes NAR commercial member involvement in RPAC in 2016.

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Green Building Council honors AeroFarms, RBH Group

The New Jersey chapter of the U. S. Green Building Council awarded the Future of Sustainability Honoree to AeroFarms and RBH Group at its gala last night, for the creation of their 69,000-square-foot vertical farm facility in Newark.

CBRE Group completes three transactions in Secaucus

CBRE&#8217s Global Port Logistics Group recently announced it had completed three industrial transactions in Secaucus totaling over 259,000 square feet spread across two industrial properties.

HFF secures 124M in financing for Mack-Cali buildings in Short Hills

Holliday Fenoglio Fowler announced it has secured 124. 5 million in financing for three Class A office buildings on behalf of Mack-Cali Ralty Corp. through Goldman Sachs Co.

HFF closes retail center sale in Pompton Plains

Commercial real estate firm Holliday Fenoglio Fowler recently announced it represented the seller in the sale of Plaza 23 in Pompton Plains. Phillips Edison Grocery Center REIT II purchased the property from a private seller.

HFF closes retail center sale in Pompton Plains

Commercial real estate firm Holliday Fenoglio Fowler recently announced it represented the seller in the sale of Plaza 23 in Pompton Plains. Phillips Edison Grocery Center REIT II purchased the property from a private seller.

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Palladium secures construction loan for McGinley Square project

Palladium Management recently announced it has secured an 11. 4 million construction loan through Lakeland Bank for a 62-unit historic redevelopment in McGinley Square in Jersey City.

Cold cap company signs lease in Cherry Hill

Commercial real estate firm NAI Mertz announced it has completed a 3,310-square-foot lease at Two Executive Campus, Cherry Hill.

Mortgage firm PHH making changes at the top

Mount Laurel-based mortgage solutions firm PHH Corp. announced a leadership transition Thursday, as it undergoes a strategic downsizing to reduce costs.

Kislak inks 15.35M multifamily sales in Union County

Woodbridge-based The Kislak Company Inc. announced Wednesday the sale of two multifamily properties in Union County totaling 15. 35 million.

Perfect together How Rutgers is helping to drive interest in the Hub New Brunswick

The Hub New Brunswick Train Station is not officially a part of Rutgers University. But as New Brunswick Development Corp. President Chris Paladino explains it, the project is nothing short of an extension of the state university.

J.G. Petrucci, Transwestern see industrial market strength continuing

When Martin Till, the regional president for real estate developer J. G. Petrucci, talked about his firm&#8217s recent purchase in Branchburg, he said it&#8217s all about location and exploiting the changing customer.

Preferred Freezer Services adding Kearny warehouse

Preferred Freezer Services announced it plans to continue to expand its temperature-controlled warehouse footprint by adding an additional 197,000 square feet of freezer space in Kearny.

HFF arranges financing for first phase of NJCU project

University Place, a joint venture between the Hampshire Cos. , Claremont Cos. and Circle Squared Alternative Investments in Jersey City, was able to obtain financing with the help of Holliday Fenoglio Fowler, HFF recently announced.

FIRPTA Changes Primer

In this video, Evan Liddiard and Linda Monaco discuss FIRPTA changes and what they mean for buyers and sellers of real property and for the commercial real estate industry. 

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March 2017 Business Creation Index

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

1. An increase of businesses opening in local communities... Read More
   
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Postal services company expands presence in Burlington County

Roddy Inc. , a Pennsylvania-based industrial and commercial real estate brokerage firm, announced it has represented Firebird Presort LLC in leasing space at a warehouse building in Burlington County.

Journal Squared leasing starts out strong

When the Marketing Directors first started to market apartment units in the first tower of the Journal Squared complex, the firm had no idea what to expect.

Mixing messages In today's tumultuous climate, connecting your marketing to social and political events is tricky. Our experts show you how.

In honor of International Women's Day, Bananas Smoothies and Frozen Yogurt sold a &#8220Common Cents&#8221 smoothie to women for 80 cents and to men for 1 to raise awareness surrounding the wage gap.

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CommercialSearch And RPR Commercial Features: Together At Last, For REALTORS®

The integration offers REALTORS® on CommercialSearch one-click access to RPR data found on both the website and RPR Mobile™. Subscribers will find property and owner facts, mortgage and tax info, transaction history, maps and photos. 

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Kislak completes 21M in sales in Paterson, Victory Gardens

Commercial real estate firm The Kislak Co. recently announced it completed the sale of five multifamily properties in Morris and Passaic counties in a Section 1031 exchange.

Gilbane announces unit leader for N.J.

The Gilbane Building Co. recently announced it had promoted Daniel Shea to vice president and unit leader for New Jersey. Shea served as vice president and operations manager prior to his promotion.

Jersey City approves 280M Liberty Science Center expansion

The Jersey City Council voted last night to approve the land necessary for SciTech Scity, a 280 million technology complex.

Bubbakoo's Burritos to open in Howell

Levin Management Corp. recently announced it has added Bubbakoo&#8217s Burritos to Aldrich Plaza in Howell. Bubbakoo&#8217s will occupy 1,900 square feet at the location on Route 9.

Bubbakoo's Burritos to open in Howell

Levin Management Corp. recently announced it has added Bubbakoo&#8217s Burritos to Aldrich Plaza in Howell. Bubbakoo&#8217s will occupy 1,900 square feet at the location on Route 9.

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Leasing for 3 Journal Square to start later this month

Hartz Mountain Industries and Panepinto Properties are getting set to officially open leasing operations at their 3 Journal Square property. The developers have set up a temporary leasing office and launched a website, stating that leasing will officially open later in March.

KRE Group, Avenue Realty Capital pay 70M for apartment complex

The Kushner Real Estate Group and Avenue Realty Capital have teamed up to buy a Springfield rental community for 70 million, they announced Thursday.

WCRE to handle leasing for elementary school that is closing in Marlton

Wolf Commercial Real Estate has been named the exclusive marketing and leasing agent for a Marlton school that is closing at the end of the academic year, it announced Thursday.

De Mattheis Investment holds luxury multifamily complex opening in Verona

De Mattheis Investment held a ribbon cutting ceremony for Verona Place Apartments, a 20-unit luxury multifamily complex on Bloomfield Avenue in Verona on Thursday.

Colliers appointed agent for Class A office buildings in Bedminster

Eden Wood Realty recently named Colliers International Group as the exclusive leasing agent for its 150,000-square-foot office property at 12 Crossroads Drive, Bedminster.

Berkadia arranges multimillion-dollar loan for Newark apartments

Commercial real estate firm Berkadia recently announced it has secured a 42. 9 million refinancing loan for Pavilion Apartments in Newark.

G.S. Wilcox completes financing for industrial portfolio

G. S. Wilcox Co. recently announced it has completed a 56 million financing agreement for an industrial portfolio in South Brunswick, Moonachie and Teterboro.

ACCU Staffing Services to open new office in Camden County

ACCU&#8200Staffing Services announced recently it will open a new office in Woodlynne in April.

Marcus Millichap announce sale of retail property in Mine Hill

Marcus Millichap announced Tuesday the sale of Ferromonte Plaza, a 16,000-square-foot retail property in Mine Hill, for 3 million.

NJRA teams up with Thomas Edison State U. for staff development

The New Jersey Redevelopment Authority is hoping to boost its effectiveness through staff development, partnering with Thomas Edison State University to help employees complete college degree programs, the two announced Tuesday.

QuickChek names SVP for merchandising, marketing

QuickChek Corp. announced recently that it has created a new senior vice president of merchandising and marketing position, and hired a veteran retail executive to fill the post.

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N.J. online publishing network for retail execs names managing editor

Hasbrouck Heights-based Retail Touchpoints, an online publishing network for retail executives, announced Tuesday it has appointed Tim Parry to managing editor.

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Drones help real estate firms offer fresh perspective for marketing properties VIDEO

For Nilyne Saintvil, the regional director of marketing and leasing at Fieldstone Properties, drone footage gives her company higher engagement with her website, as well as an ability to market properties from a broader point of view.

Kaplan Cos. opens lofts at former snuff mill in Helmetta

Kaplan Cos. recently announced the opening of the Lofts at Helmetta, a 200-unit rental community at the site of former brick factory in Helmetta.

Pierson Commercial brings tenants to downtown Robbinsville

Real estate firm Pierson Commercial announced the completion of four retail transactions at The Lofts at Town Center in downtown Robbinsville.

Pierson Commercial brings tenants to downtown Robbinsville

Real estate firm Pierson Commercial announced the completion of four retail transactions at The Lofts at Town Center in downtown Robbinsville.

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Sheldon Gross closes pair of sales in Fairfield

Sheldon Gross Realty&#8217s Bob Nathin recently brokered the sale of two assets in Fairfield totaling more than 45,000 square feet of space.

Oak Tree Road rents rising faster than parts of Manhattan

When Saurabh Gadgil chose Oak Tree Road in Iselin to open the first East Coast location of his India-based business this month, it wasn&#8217t just because of the commercial district&#8217s reputation of being a South Asian hub.

Louis Berger names chief integrity officer to replace compliance exec

Louis Berger has hired a chief integrity officer, following the resignation of its chief compliance and ethics officer, it announced Monday.

Mavis leases building to open Howell location

Mavis Discount Tire has signed a long-term lease for a property in Howell, according to real estate brokerage The Goldstein Group.

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Mavis leases building to open Howell location

Mavis Discount Tire has signed a long-term lease for a property in Howell, according to real estate brokerage The Goldstein Group.

Wawa adding 2,500 workers in N.J. during spring hiring blitz

Wawa&#8217s spring hiring campaign could result in about 2,500 new hires in New Jersey, the convenience store chain told NJBIZ on Friday.

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Fulop, developers cut ribbon on Journal Squared complex

Jersey City Mayor Steven Fulop joined Jonathan Kushner of Kushner Real Estate Group and Jeffrey Kanne of National Real Estate Advisors at the ribbon cutting of the first tower of Journal Squared, a 1,838-unit, mixed-use complex in the heart of the city.

Industrial property in Garfield fetches 1.6M

A Garfield industrial property has sold for more than 1. 6 million, according to real estate services firm Marcus Millichap.

Mack-Cali completes 368M purchase of six office buildings in Madison, Short Hills

Commercial real estate firm HFF announced the completion of the sale of six Class A office buildings from RXR Realty to Mack-Cali Realty Corp.

Prism Capital sells office park in Bloomfield

Cushman Wakefield recently announced it had brokered the sale of the BroadAcres office park in Bloomfield between Prism Capital Partners and P3RE Properties. The 20-acre, four building property was sold through an off-market trade.

EDA approves 244M in incentives for major Camden Waterfront project

The state Economic Development Authority voted Thursday to approve a total of roughly 250 million in incentives for three southern New Jersey companies seeking to construct and move into an 18-story, 375,000-square-foot office tower on Camden&#8217s waterfront.

Zimmel Associates brokers industrial building sale in Somerset

Commercial real estate firm Zimmel Associates recently announced it had completed the sale of a 75,000-square-foot industrial property in Somerset.

Canfield Property Group sells industrialflex property in Fairfield

Commercial real estate firm JLL announced it had completed the sale of an industrialflex asset in Fairfield on behalf of Canfield Property Group.

Kislak completes 12.5M sale in Montvale, then helps seller with 20M exchange

Commercial real estate firm Kislak Co. announced the sale of the Coining building, a Class A office building at 15 Mercedes Drive, Montvale.

Bergen County opens new 140M justice center

As part of a six-year plan to modernize Bergen County's justice center complex, the county recently opened its centerpiece Bergen County Justice Center building.

CW completes 18.9M North Brunswick industrial sale

Commercial real estate firm Cushman Wakefield recently announced the sale of an industrial asset at 1735 Jersey Ave. , North Brunswick.

Blau Berg tapped as agents for Cory Warehouse

The Blau Berg Co. recently announced it has been named the exclusive agent for the sale of the former Cory warehouse at 720 S. Front St. , Elizabeth.

N.J. online publishing network for retail execs names managing editor

Hasbrouck Heights-based Retail Touchpoints, an online publishing network for retail executives, announced Tuesday it has appointed Tim Parry to managing editor.

NAI Hanson completes two health care leases in Morris County

Commercial real estate firm NAI James E. Hanson announced it has negotiated two leases for health care companies in Parsippany and Chatham.

Slideshow See 10 more cool N.J. offices

In its March 13 issue, NJBIZ profiled five of the coolest offices in New Jersey, from the ultramodern to the classic, whether with the latest features or a minimalist approach. But they are certainly not the only places in the Garden State that stand out for their workspace cool.

Slideshow NJBIZ's Coolest Offices for 2017

Today's office is far more than a workplace. The vibe helps attract and retain employees. Especially millennials. And the setup can be good for a company's bottom line. See five offices doing it right, chosen by NJBIZ for a variety of factors.

Circle Squared, Hampshire acquire industrial property in Carteret

City Wide building management firm opens first N.J. office

Building maintenance and management company City Wide recently announced the opening of its first franchise in the state. The franchise is owned by Tom Bridgeforth and will serve central New Jersey out of East Brunswick.

Harvard Printing housing development breaks ground in Orange

The Ironstate Development Co. and the Alpert Group broke ground Monday for their housing community project &#8220Harvard Printing&#8221 near Highland Avenue in Orange.

Coronet Lighting to relocate to Totowa

Sitex Group recently announced Coronet Lighting joined its warehouse and distribution facility in Totowa.

Former Atlantic Club casino to be sold, converted to indoor water park

Ventnor-based RR Development Group has entered into an agreement to purchase the shuttered Atlantic Club casino in Atlantic City and convert the property into a large-scale indoor water park.

Mount Arlington apartments fetch 23.5M

Commercial real estate firm Gebroe-Hammer Associates announced the sale of a 55-and-over multifamily complex in Mount Arlington for 23. 45 million.

Brewery buys building it was leasing in Asbury Park

Commercial real estate firm Sheldon Gross Realty announced it facilitated the sale of a 28,369-square-foot facility at 810 Sewall Ave. in Asbury Park.

NAIOP N.J. announces Deal of the Year nominees

The New Jersey chapter of NAIOP has announced the finalists for its Deal of the Year awards, with the winners to be announced May 11 at the organization&#8217s Commercial Real Estate Awards Gala.

BBQ Boom Red White Que Smokehouse, just a year old, finds success quickly by cooking slowly

The &#8220best&#8221 classic Southern barbeque in New Jersey is sold on Route 22 West in Scotch Plains from 11 a. m. to 9 p. m.

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COOLEST OFFICES REDCOM Design Construction LLC

REDCOM Design Construction LLC is an 80-person general contracting, architectural design and engineering firm that specializes in commercial facilities throughout the tri-state area.

Bringing crowd funding to real estate investment

When Steve Cassidy first approached CrowdStreet, he saw the crowdfunding company that specializes in real estate as nothing more than as a continuation of his business over an online platform.

COOLEST OFFICES Mack-Cali Realty Corp.

Modern comfort

COOLEST OFFICES New Jersey Housing and Mortgage Finance Agency

The New Jersey Housing and Mortgage Finance Agency is an organization that finances affordable housing. It secures program funding and operating expenses through the sale of bonds to private-sector investors.

COOLEST OFFICES Words and Pictures

Words and Pictures is an advertising agency providing integrated marketing services for digital, mobile, web, social and print media.

COOLEST OFFICES Kimmerle Group

Kimmerle Group is an architectural design and real estate planning and development firm based in Harding Township.

245M HQ project would bring Conner Strong Buckelew, NFI and Michaels Org. to Camden Waterfront

Three prominent South Jersey organizations are teaming up to build a 245 million Camden headquarters that could bring nearly 900 jobs to the city, they announced Friday.

Women's health group leases Voorhees office

Regional Women&#8217s Health Group LLC has leased a medical office suite in Voorhees, according to Wolf Commercial Real Estate.

Quartet of Essex real estate deals total 12.8M

Four recent Essex County real estate sales saw some 170 apartment units change hands for a total of 12. 8 million, according to brokerage Gebroe-Hammer Associates.

EDA extends qualifying process for Camden Waterfront property

The state Economic Development Authority announced an extension of the deadline for eligible respondents to the request for qualification for an 8. 75-acre site on the Camden Waterfront.

Mahwah-based The Capacity Group joins EPIC

The Capacity Group of Cos. and EPIC Insurance Brokers Consultants announced today that they have joined forces.

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DMR Architects names first quintet of partners

Design architecture firm DMR Architects has chosen five partners, the first named to the position since the founding of the company in 1991. Partners are set to receive equity in the company, and that is set to increase over time.

Cosmetics manufacturer relocates from Edison to Eatontown

Stafford Smith Realty, a commercial and industrial real estate firm, has negotiated the 5. 5 million sale of a building in Eatontown, according to Ray Smith, broker of the deal.

Weichert Cos. acquires N.J. title processing firm and title agency

The Morris Plains-based homeowner services company The Weichert Cos. has acquired a pair of title services companies, it announced this week.

Real estate investment firm buys Morristown office property

A Massachusetts-based real estate investment firm has purchased a Morristown office building, it announced Tuesday.

Marcus Millichap complete sale of 9.18M retail property

Marcus Millichap announced Monday the 9. 18 million sale of a strip center located in Hazlet, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

Former Cresa NJ-NorthCentral managing principals join Avison Young

Commercial real estate firm Avison Young announced Tom Giannone and Ron Ganter, former managing principals with Cresa NJ-NorthCentral LLC, have become principals at the firm.

Snack foods manufacturer relocates from Brooklyn to Edison

A snack foods manufacturer has purchased an industrial asset in Edison, according to Bussel Realty Corp. , an industrial real estate services firm.

Marcus Millichap complete sale of 9.18M retail property

Marcus Millichap announced Monday the 9. 18 million sale of a strip center located in Hazlet, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

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Former Giants punter Feagles joins Savills Studley

Commercial real estate firm Savills Studley recently announced the addition of former New York Giants punter and Super Bowl winner Jeff Feagles to the firm&#8217s Hackensack office.

Real estate experts discuss Newark development at business partnership panel

The Newark Regional Business Partnership held a market forecast and real estate outlook panel Tuesday, where real estate researchers and leaders opined on the state of the development in Newark and provided insights as to how their firms approached development in the city.

The Goldstein Group leases several new retail transactions

The Goldstein Group announced Monday it has leased several transactions as the retail market in New Jersey continues an upward trend of improvement.

The Goldstein Group leases several new retail transactions

The Goldstein Group announced Monday it has leased several transactions as the retail market in New Jersey continues an upward trend of improvement.

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Fast, fresh and flat

Carlos Ruiz left his home in Guadalajara, Mexico, more than 14 years ago to learn English in Toronto. He then went backpacking through Europe and attended college in Switzerland.

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Hard Rock could be just what A.C. needs

Chris Paladino has been working with the group trying to revitalize Atlantic City by diversifying its economy for more than a year.

Coworking space to open in Camden

A new coworking space in Camden is drawing a lot of attention from the New Jersey businesses community before its opening day on March 1.

Five gubernatorial candidates offer look at their agendas at NAIOP forum

New Jersey&#8217s chapter of the National Association of Industrial and Office Properties held a forum for gubernatorial candidates Friday, where five candidates from both parties gave their opinions on budgetary policies, incentives and provided a brief overview of their political agendas, were they to lead Trenton next year.

American Water breaks ground for Camden HQ

American Water Works Co. Inc. has broken ground on its new headquarters on the Camden Waterfront, it announced recently.

Jersey City law firm moves into office across from courthouse

A Jersey City law firm has moved from a co-working space into its first office, it told NJBIZ on Friday.

Marcus Millichap announces sale of Walgeens site in Florida

Marcus Millichap announced Friday the 7. 8 million sale of a Walgreens located in Spring Hill, Florida, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

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Marcus Millichap announce sale of Walgeens site in Florida

Marcus Millichap announced Friday the 7. 8 million sale of a Walgreens located in Spring Hill, Florida, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

Cresa announces new principals at N.J. office, plans to expand

Commercial real estate firm Cresa has announced James Scancarella, Dennis Gralla and Jonathan Marks will be the new managing principals for its Meadowlands office. The firm also announced it will look for an additional location in the state.

KPMG breaks ground for Montvale technology center

Tax and audit advisory firm KPMG recently broke ground for its new technology center in Montvale. The firm&#8217s new 81,000-square-foot facility will be located adjacent to its central campus at 75 Chestnut Ridge Road.

Konica Minolta announces organizational changes

Ramsey-based Konica Minolta Business Solutions U. S. A. Inc. announced Thursday some changes to its leadership.

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Trump Taj Mahal is sold, will reopen as Hard Rock Hotel Casino

The closed Trump Taj Mahal will reopen as a hotel and a casino &#8212 and with new owners and a new name.

Asian Food Markets selects R.J. Brunelli as its new tenant representative

R. J. Brunelli Co. LLC has been selected by Asian Food Markets as its new tenant representative for sites in New Jersey, New York and Pennsylvania.

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Asian Food Markets selects R.J. Brunelli as its new tenant representative

R. J. Brunelli Co. LLC has been selected by Asian Food Markets as its new tenant representative for sites in New Jersey, New York and Pennsylvania.

Pastosa Ravioli opens in Florham Park

Pastosa Ravioli, a family-owned business specializing in homemade ravioli and specialty products, has opened at the Regency Plaza in Florham Park.

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Pastosa Ravioli opens in Florham Park

Pastosa Ravioli, a family-owned business specializing in homemade ravioli and specialty products, has opened at the Regency Plaza in Florham Park.

Marcus Millichap announce sale of 3.13M apartment complex in North Bergen

Marcus Millichap announced Wednesday the 3. 13 million sale of Riverview Lofts, an apartment property in North Bergen, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

Whole Foods opens at Newark's Hahne Building

When then-Mayor of Newark Cory Booker approached the president of Whole Foods, Christina Minardi, with the idea of opening a supermarket in Newark 10 years ago, he was told it was simply not the right time.

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Whole Foods opens at Newark's Hahne Building

When then-Mayor of Newark Cory Booker approached the president of Whole Foods, Christina Minardi, with the idea of opening a supermarket in Newark 10 years ago, he was told it was simply not the right time.

Mack-Cali results beat expectations REIT reverses year-ago losses for Q4, full year

Mack-Cali Realty Corp. &#8217s funds from operations slipped in the fourth quarter of 2016 from the year-earlier period, the real estate investment trust said Tuesday, but those funds were higher for the full year than in 2015.