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.