North Plainfield-based Levin Management Corp. recently announced it has completed a 4,000-square-foot lease and is adding Morals Village Hot Pot to Rutgers Plaza in Franklin Township.
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Friday, April 28, 2017
Morals Village Hot Pot leases at Rutgers Plaza
North Plainfield-based Levin Management Corp. recently announced it has completed a 4,000-square-foot lease and is adding Morals Village Hot Pot to Rutgers Plaza in Franklin Township.
Atlantic Stewardship Bank plans new branch location in Morris County
Midland Park-based Atlantic Stewardship Bank recently announced it is opening a new branch in North Jersey.
Marcus Millichap complete 2.5M sale in Orange
Commercial real estate firm Marcus amp Millichap recently announced it brokered the sale of an 8,020-square-foot property in Orange.
Marcus Millichap complete 2.5M sale in Orange
Commercial real estate firm Marcus amp Millichap recently announced it brokered the sale of an 8,020-square-foot property in Orange.
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Thursday, April 27, 2017
NAI Hanson sells lot in West Caldwell
Commercial brokerage NAI James E. Hanson recently announced it has brokered the sale of a 0. 8-acre lot in West Caldwell between Lourenco Service Center and Manzo-Doren Organization of West Caldwell.
Newark mixed-use development adds 7 tenants
Commercial real estate firm Tucker Development recently announced it has added seven new tenants to its mixed-use space, Springfield Avenue Marketplace.
Newark mixed-use development adds 7 tenants
Commercial real estate firm Tucker Development recently announced it has added seven new tenants to its mixed-use space, Springfield Avenue Marketplace.
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Humdingers transforms space in Paramus
Commercial real estate firm Pagano Co. announced it has arranged the leasing of 33,000 square feet in Paramus on behalf of Humdingers.
Wednesday, April 26, 2017
NJIT among top teams in Schindler global design competition
A team from New Jersey Institute of Technology was a top honoree in the 14th annual Schindler Global Award urban design competition, the elevator maker said Wednesday.
Marcus Millichap completes sale in Elizabeth
Commercial real estate firm Marcus Millichap recently announced the completion of a 1. 4 million property sale in Elizabeth through a 1031 exchange. Michael Lombardi, first vice president at Marcus Millichap New Jersey’s office, represented private investors in the sale and purchase of the property.
At IOREBA developers night, real estate leaders talk about growth, industry future
The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area recently held its 25th annual developers night, including a panel that discussed the future of the real estate landscape in New Jersey.
Tuesday, April 25, 2017
Eight added to state chamber board of directors
The New Jersey Chamber of Commerce elected eight new members to its board of directors earlier this month.
Barnes Noble Education hires chief legal officer
Barnes Noble Education Inc. , based in Basking Ridge, has named a new chief legal officer and vice president of corporate affairs, it announced Tuesday.
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New Walmart creating 300 jobs in Egg Harbor Twp.
Walmart is hiring about 300 workers for a new retail store in Egg Harbor Township, it announced Tuesday.
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DMG Investments looks to fill Gold Coast condo need with Cliffside Park complex
Seeing its opportunity in the condominium market, DMG Investments has revealed plans for a 14-story, 200-condominium complex in Cliffside Park.
Newark mayor opens coworking space in 19th century mansion
Newark Mayor Ras Baraka, alongside members of the Newark Community Economic Development Corp. , recently opened 569 Martin Luther King Blvd. , known as the Newark Foundry Workspaces, as the city’s newest coworking space for entrepreneurs and small businesses.
AVE starts leasing at Morristown flex-stay complex
Korman Communities brand AVE recently announced it has opened its flexible-stay complex in The Green at Florham Park, called AVE Florham Park. The 256-unit complex has begun leasing for May move-ins and is the latest location for AVE in the Garden State.
Monday, April 24, 2017
Bank building in Englewood Cliffs is sold
Commercial brokerage firm The Goldstein Group recently announced it had brokered the sale of a 13,000-square-foot property in Englewood Cliffs. The Goldstein Group brokered the sale on behalf of the purchaser, 744 EC Palisades LLC and EC Acquisition Group.
Colliers recognizes Parsippany office, executives
Colliers International recently awarded members of the Parsippany office the title of “Best Top 10 percent in U. S. ” for 2016. Executive managing directors Richard Madison and Jacklene Chesler, both based out of the Parsippany office, were awarded the Everest Award from the company.
Architectural group announces new HQ in Hamilton
In a response to continued growth, Spiezle Architectural Group recently announced it has moved its Trenton headquarters to Hamilton. The new 15,000-square-foot space, located at 1395 Yardville Hamilton Square Road, will allow the firm to accommodate a larger staff and increase its efficiency.
Friday, April 21, 2017
Amazon announces 3 more N.J. facilities, 2,500 jobs, as it opens Carteret center
As Amazon formally opened the doors Friday to its largest New Jersey-based fulfillment center in Carteret, the Seattle-based e-commerce giant also announced plans to open another three sites in the Garden State that call for the creation of more than 2,500 additional full-time jobs.
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Doctor signs medical lease in Fair Lawn
Commercial real estate firm NAI James E. Hanson recently announced it brokered the lease of 1,397 square feet of medical office space for Dr. John Pantazopoulos at 23-00 Route 208, Fair Lawn.
Weichert Real Estate Affiliates increases market presences in Q1
Commercial real estate franchise Weichert Real Estate Affiliates announced 11 percent growth in year-to-date market presence during the first quarter of 2017, along with the addition of 12 new offices.
Thursday, April 20, 2017
ACDevco, Christie celebrate groundbreaking of Gateway project
The Atlantic City Development Corp. hosted a groundbreaking ceremony for the Gateway project on Thursday, with dignitaries including Gov. Chris Christie, AC Devco Chairman Jon Hanson, South Jersey Industries CEO Michael Renna and Stockton University President Harvey Kesselman.
Wednesday, April 19, 2017
Denholtz unveils plans for Red Bank redevelopment project
Commercial real estate firm Denholtz Associates revealed its plans for a redevelopment project in Red Bank.
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Denholtz unveils plans for Red Bank redevelopment project
Commercial real estate firm Denholtz Associates revealed its plans for a redevelopment project in Red Bank.
Pashman Stein opens Monmouth County office 2 attorneys named to run it
Pashman Stein Walder Hayden, a Hackensack-based business law firm, announced Monday that it has opened a new office in Red Bank.
Sterling Properties to develop luxury apartments in Somerville
Livingston-based Sterling Properties recently announced it has received approval to develop a four-story luxury apartment building in Somerville.
Sterling Properties to develop luxury apartments in Somerville
Livingston-based Sterling Properties recently announced it has received approval to develop a four-story luxury apartment building in Somerville.
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NJIT hosts Central King Building ribbon cutting
After having been the home of Newark Central High School, the New Jersey Institute of Technology recently announced the completion and repurposing of the Central King Building.
Tuesday, April 18, 2017
Bussel Realty completes sale in Carteret
Commercial real estate firm Bussel Realty recently announced it brokered the sale of 400 Federal Blvd. in Carteret from 400 Federal Boulevard LLC and an undisclosed buyer.
NAI Hanson brokers sale of building to bring movingstorage business to Newark
Commercial real estate services firm NAI James E. Hanson announced Tuesday it has arranged the sale of an industrial building in Newark.
Walmart U.S. eCommerce appoints SVP, customer care
Walmart announced that it has appointed Rahul Joshi as its new U. S. eCommerce senior vice president, customer care, according to Marc Lore, CEO and president.
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Blau Berg names senior director
Commercial real estate firm, The Blau Berg Co. recently announced it has promoted Christian Walsifer to senior director and shareholder of the brokerage firm.
Woodmont opens Metuchen complex, begins work in South Amboy
After only two weeks of hosting an open house at its latest project, Woodmont Metro at Metuchen Station, Woodmont Properties announced it started construction on its next project, Woodmont Cove in South Amboy.
Monday, April 17, 2017
Gambling on millennials As A.C. turns away from gaming, play to the millennial culture may be key to diversified growth
Boraie Development has been in the real estate game for decades. The family-owned company is well known for making long-term plays in less-than-perfect urban areas, such as New Brunswick and Newark.
NAI Hanson arranges sale is East Hanover
Commercial real estate firm NAI James E. Hanson recently announced it has brokered the sale of a 5,100-square-foot property in East Hanover.
Gebroe-Hammer arranges sale in Jersey City South
Commercial real estate firm Gebroe-Hammer Associates recently announced it has completed the sale of 72 units spanning three buildings in Jersey City South.
The Capacity Group adds President of Health Care Strategy Group
Mahwah-based The Capacity Group, an EPIC Co. and retail property and casualty insurance brokerage, announced that Jeanne Braun has joined the firm as president of The Capacity Group of NY LLC, a newly-established health care strategy division of TCG.
Saturday, April 15, 2017
Triple Play Jayne Warne
Jayne Warne is the president of Matrix New World Engineering, a multidiscipline engineering firm helping real estate developers efficiently navigate the complexities of New Jersey's affordable housing puzzle.
Friday, April 14, 2017
Enjoy the Commercial Experience at the REALTORS® Legislative Meetings
You're invited to attend the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C. this May. Share your voice and enjoy a full slate of commercial-specific governance meetings and forums, along with a networking reception for you to connect with practitioners... Read More
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2017 REALTORS® Legislative Meetings Commercial Schedule
Review the full Commercial schedule to make your plans to attend the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C. in May.
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Report 146k homes needed for fair housing obligations
More than 146,000 homes are needed to satisfy the fair housing needs from 1999 until 2015, according to the Fair Share Housing Center’s recently released study.
Kislak sells units, retail space in West New York
Commercial real estate firm Kislak Co. recently announced it has completed a 1. 63 million sale in West New York.
JLL hires retail expert, expands brokerage
Commercial real estate firm JLL recently announced it has hired Eduardo Pena to continue the expansion of its retail brokerage in New Jersey.
Thursday, April 13, 2017
Sotheby's International Realty expanding its presence in India
Sotheby’s International Realty Affiliates LLC, a unit of Madison-based Realogy Holdings Corp. , announced Wednesday that it is expanding its presence in India.
Vision acquires tower on The Green in Morristown
Commercial real estate firm Visions Real Estate Partners recently announced it has acquired a 150,000-square-foot office tower on The Green in Morristown.
Sitex completes two purchases in Totowa
In an effort to grow its portfolio in northern New Jersey, Sitex Group recently purchased two distribution centers in Totowa.
Marriott, developers, politicians celebrate ribbon-cutting for Residence Inn in Jersey City
Ironstate Development, Penepinto Properties and Marriott recently participated in a ribbon-cutting ceremony for a new 152-unit hotel adjacent to the Grove Street PATH station in Jersey City. U. S. Sen. Robert Menendez and Jersey City Mayor Steven Fulop attended the ceremony.
Wednesday, April 12, 2017
American Water breaks ground for flood protection in Bridgewater
New Jersey American Water broke ground on its flood protection project at the Raritan-Millstone water treatment plant, the largest plant in N. J. ’s American Water system.
Greenbaum law firm mourns founding member's passing
Commercial real estate law firm Greenbaum Rowe Smith Davis LLP announced Wednesday that Arthur Greenbaum passed away April 11. Greenbaum had served the state’s real estate and legal community for over 60 years.
Toys R Us battled slumping sales in fiscal 2016, it says
It was a difficult year for Toys R Us, as the Wayne-based company reported net sales were down 2. 2 percent for fiscal 2016, although other numbers offered positive signs.
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Marcus Millichap sold retail property in Elizabeth for 2.6M
Marcus amp Millichap announced Wednesday it has sold a property in Elizabeth for 2. 6 million, according to Brian C. Hosey, regional manager of the firmrsquos New Jersey office.
Tuesday, April 11, 2017
NAIOP to recognize JLL, other real estate industry leaders at annual gala
The New Jersey chapter of the National Association of Industrial and Office Properties recently announced it will award JLL the Impact Award at its Commercial Real Estate Awards Gala on May 11.
Rockefeller announces latest office project at The Green at Florham Park
The Rockefeller Group has announced plans to build to suit an office space at 110 Park Ave. in The Green at Florham Park. The firm did not state the specific size of the project, but said the property is zoned for up to 300,000 square feet.
Colliers International opens office in Woodbridge
Colliers International recently announced it has opened a new office at 10 Woodbridge Center Drive, Woodbridge. The new office is situated in proximity to five counties and 81. 5 million square feet of office space, 326 million square feet of industrial space and 148 million square feet of retail space.
Kearny Bank breaks ground on North Arlington branch
Kearny Bank recently announced it broke ground in North Arlington for the construction of its new branch. The bank said it plans to raze its current North Arlington branch, which is adjacent to the construction site, to make way for parking.
Monday, April 10, 2017
Somerset Development adds insurance tenant to Bell Works
Somerset Development recently announced it has completed a 90,000-square-foot lease at the Bell Works facility in Holmdel.
Center of Excellence in Bridgewater adds three new tenants
Commercial real estate firm Advance Realty and CrossHarbor Capital Partners recently announced they have brought the Bridgewater-based New Jersey Center of Excellence to 80 percent occupancy.
CBRE completes 450K sq. ft. in leases in Middlesex
Commercial real estate firm CBRE recently announced it had brokered the leasing of 450,000 square feet at the Middlesex Center in South Brunswick.
The Goldstein Group highlights recent real estate transactions
The Goldstein Group, a commercial real estate brokerage firm, announced new lease transactions throughout the New Jersey retail market.
Sunday, April 9, 2017
McCarthy Co. has been building brand for decades
Steel skeletons of buildings with machinery rumbling about is what most see and hear at the state's countless construction sites.
ELEC's Lalevee TTF should be just the start of more funding
When Gov. Chris Christie signed a bill appropriating 400 million for infrastructure maintenance, the Engineers Labor-Employer Cooperative, ELEC825, saw this move as step in the right direction for both the state's bridges and roads, and for the overall economy.
Making a statement Wu Associates leaders feel regulations are making it harder to work in N.J.
When Wu Associates' Katherine Ng talks about the company's experience with the state's Economic Development Authority, and the state of New Jersey altogether, she offers an interesting perspective that is rarely shown amid the news of job creation around the state.
Friday, April 7, 2017
Walkable urban areas and their impact are focus of CIANJ meeting
The Commerce and Industry Association of New Jersey met Thursday to discuss the impact and potential benefit of walkable urban places.
WCRE reports cautious optimism for commercial real estate in southern N.J.
Commercial real estate firm Wolf Commercial Real Estate recently reported it has found 2017’s first quarter to have begun on a “cautiously optimistic” foot in southern New Jersey.
Rutgers' board of governors approves sports facility construction, arts center investment
At its regular meeting Thursday, the Rutgers University board of governors approved the college’s involvement in a pair of previously announced projects tied to its athletic department and Mason Gross School of the Arts.
Thursday, April 6, 2017
Monmouth Real Estate acquires industrial property for 32.12M
Monmouth Real Estate Investment Corp. announced it has acquired an industrial building in Michigan for 32. 12 million.
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Clara Maass has ribbon-cutting for new facility
Clara Maass Medical Center held a ribbon-cutting for its new 87,000-square-foot building in Belleville, which will be the facility’s new main entrance and lobby.
Industrial real estate sector's momentum continues, CW says
Commercial real estate firm Cushman Wakefield found that the industrial real estate market continued to reach historic highs in the first quarter of 2017, as demand pushed vacancy 3 percentage points lower, to 4. 7 percent.
Grapevine Analysis Hard Rock's plans for Atlantic City
Hard Rock International will pump 375 million into the recently acquired former Trump Taj Mahal casino and hotel with the hopes of rebranding the Boardwalk property into a world-class entertainment and gaming destination.
The ultimate Grow N.J. program starts with Jersey Guys Why Morris, Jingoli feel Hard Rock venture is a gamble they are eager to take
Jack Morris was walking through Atlantic City with longtime friend Joe Jingoli when he knew he had finally had enough.
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The ultimate Grow N.J. program starts with Jersey Guys Why Morris, Jingoli feel Hard Rock venture is a gamble they are eager to take
Jack Morris was walking through Atlantic City with longtime friend Joe Jingoli when he knew he had finally had enough.
NAIOP holds collegiate case study for Trenton lot
The New Jersey chapter of the National Association of Industrial and Office Properties invited four universities to present their proposals for a redevelopment of the Roebling industrial complex in Trenton on Tuesday.
HomeServices of America acquires luxury residential real estate firm Gloria Nilson Co.
Berkshire Hathaway affiliate HomeServices of America recently announced it has acquired New Jersey-based luxury residential firm Gloria Nilson Co.
Wednesday, April 5, 2017
Hard Rock unveils plans for Atlantic City casino hotel
Hard Rock International formally unveiled its plans Wednesday for the 375 million renovation of the recently acquired former Trump Taj Mahal casino and hotel in Atlantic City.
Aerosoles announces new CEO
Aerosoles Group announced Wednesday that it has named a new CEO.
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Mack-Cali makes changes at the top new roles for DeMarco, Rudin
Commercial real estate firm Mack-Cali Realty Corp. announced Michael DeMarco will become the firm’s new CEO, as former CEO Mitchell Rudin takes on the role of vice chairman.
Tuesday, April 4, 2017
Jersey City topping-off is latest milestone for Fields Construction
With less than six months until completion of the project, Fields Construction announced it has topped off 207 Van Vorst St. in Jersey City. The construction firm built the project for Fields Development, its parent company.
CW reports Q1 setback in commercial absorption
The New Jersey office of Cushman Wakefield recently announced its research has uncovered a slight setback in net absorption in North Jersey commercial market during the first quarter of 2017.
American Dream making progress KidZania latest to lease space
Despite a published report claiming construction at the American Dream project has stalled, leasing operations appear to have continued.
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American Dream making progress KidZania latest to lease space
Despite a published report claiming construction at the American Dream project has stalled, leasing operations appear to have continued.
State-of-the-art, 190M arts center coming to New Brunswick
The New Brunswick Performing Arts Center, a world-class facility that will host four companies in a state-of-the-art 22-story building that features two theaters, three rehearsal stages and 240 apartments in the heart of the city, is close to becoming a reality.
Take a look at the plans for the New Brunswick Performing Arts Center slideshow
New Brunswick Development Corp. President Chris Paladino, the developer on the project, calls the New Brunswick Performing Arts Center the biggest public-private partnership in state history. Others will simply call it a game-changer. Check out how the building will look inside and out with this slideshow.
Monday, April 3, 2017
CBRE adds Petco to Windsor Center
Commercial real estate firm CBRE recently announced it had arranged the lease of 15,643 square feet by Petco at the Windsor Center in East Windsor, bringing the 130,233-square-foot property to 90 percent occupancy.
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Gebroe-Hammer arranges 106-unit sale in Elizabeth
Multifamily-focused real estate firm Gebroe-Hammer Associates recently announced it completed a 10. 51 million sale of a multifamily portfolio in Elizabeth.
CBRE adds Petco to Windsor Center
Commercial real estate firm CBRE recently announced it had arranged the lease of 15,643 square feet by Petco at the Windsor Center in East Windsor, bringing the 130,233-square-foot property to 90 percent occupancy.
Lincoln Property Co. completes purchase in Parsippany
Commercial real estate firm Holliday Fenoglio Fowler LLP announced Monday it had completed the sale of a four-story, Class A office building in Parsippany.
Rutgers' new academic building earns prestigious architecture award
Rutgers officials have been boasting about their new state-of-the art academic building since it opened to the students last fall. Last week, a national organization echoed the sentiment.
Sunday, April 2, 2017
Science center makes strides on futuristic endeavor
It didn’t take Steve Fulop long to become a big fan of the Liberty Science Center.
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