TLC's Kleinfeld is bringing bridal wear to Secaucus

New Jersey brides will get the chance to say &#8220yes to the dress&#8221 at a temporary pop-up shop from New York City-based wedding retailer Kleinfeld.

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Toms River Kmart among 80 Sears Holdings closings

Sears Holdings Corp. announced another 80 closings Friday, including a Kmart location in Toms River.

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NJ-based yoga chain to open 15 new locations

The Lawrenceville-based chain of yoga studios announced 15 new locations across five states, including North Carolina, California, Florida, Ohio and New Jersey.

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Procida Funding refinances 7M for classic Bergen County banquet hall

Real estate lender Procida Funding LLC announced it provided a 7,000,000 debt refinancing rehabilitation loan, on behalf of The 100 Mile Fund, to consolidate existing debt and complete minor property improvements of the Fiesta Banquet Hall in Wood-Ridge.

The Hampshire Cos. selects Hackensack for first Opportunity Zone investment

Morristown-based private real estate investment firm The Hampshire Cos. has acquired 250 Essex St. in Hackensack as its first Opportunity Zone investment.

Bussel Realty leases 100 percent of South Plainfield business park

Industrial real estate services firm Bussel Realty Corp. announced it has leased the entirety of 100 Ryan St. , a flexincubator business park, in South Plainfield.

WCRE announces Cherry Hill sale

Infinity Hill LLC has purchased 455 Route 70 W. in Cherry Hill, Wolf Commercial Real Estate announced.

Blackstone 360 granted PILOT approval for East Orange high rise

More than a decade ago Blackstone 360 built its first luxury high rise in East Orange. Then, almost no one thought it could be done. Now the Newark-based developer also known as B-360 is about to start on its fifth and largest luxury residence in the city to date, and investors &#8211 including Goldman Sachs &#8211 are lining up to stake their. . .

Newel Brands completes divestitures of Pure Fishing and Jostens

Newell Brands completed its divestitures of fishing materials company Pure Fishing and education materials provider Jostens to Sycamore Partners and

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STRO acquires industrial portfolio in Woodland Park

Continuing on its recent acquisition spree, The Stro Cos. announced it closed on a two-property, approximately 100,000-square-foot industrial portfolio in Woodland Park.

Denholtz negotiates lease expansion with IT firm at Orlando flex building

Privately held real estate development firm Denholtz Associates, based in Matawan, announced a lease expansion with Bluestream Professional Services for an additional 10,000 square feet of industrialflex space at the Cypress Industrial Park, at 9500 Satellite Blvd. in Orlando, Fla.

LBA Logistics acquires 174,000-square-foot industrial building

JLL Capital Markets arranged the sale of 400 Delran Parkway, a Class A industrial building situated on 16. 09 acres within Swedes Run Business Park.

Jersey City Council approves West Side Avenue special improvement district

The Jersey City Council has voted to approve the West Side Avenue Special Improvement District, which will have the power to authorize additional assessments on commercial property in order to fund a variety of initiatives to improve the neighborhood.

Better Homes and Gardens Real Estate Murphy Co. expands into Ocean County

Better Homes and Gardens Real Estate Murphy Co. announced its expanding presence in New Jersey with the acquisition of Pacesetter Realty.

Long Branch unanimously backs Kushner Cos.' plan for seven-story hotel

Kushner Cos. ' plan for a seven-story hotel on Long Branch's beachfront cleared a major hurdle Tuesday evening winning the unanimous backing by the city Planning Board.

Colliers closes on 3.15M investment sales in Pennsauken's Airport Industrial Park

Colliers Internationalrsquos Mount Laurel office represented The Bloom Organization in the investment sale of two properties on Browning Road in Pennsauken's Airport Industrial Park for a combined price of 3. 15M.

Novacart to lease square footage in Moorestown Industrial Park

Pennsylvania-based real estate brokerage Roddy Inc. announced it recently represented Novacart in leasing a 29,000-square-foot portion of the 219,000-square-foot one-story building in Moorestown Industrial Park from 540 Glen Ave LLC, represented by Fred Meyer of NAI Mertz.

Kislak sells multi-tenanted office building in Tinton Falls for 14.25 M

The Kislak Co. Inc. announced the recent 14. 25M sale of a multi-tenanted office building in Tinton Falls, New Jersey.

Lowe's coming to Hanover

Lowe&#8217s will open a home improvement center in Hanover&#8217s Cedar Village next summer, according to New York-based developers RD Management LLC and its New Jersey partner JMF Properties.

Lowe's coming to Hanover

Lowe&#8217s will open a home improvement center in Hanover&#8217s Cedar Village next summer, according to New York-based developers RD Management LLC and its New Jersey partner JMF Properties.

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Hondros Education Group acquires New Jersey and Pennsylvania real estate school

The Hondros Education Group has acquired the Schlicher-Kratz Institute, in a partnership that will advance real estate, mortgage and appraisal education in New Jersey and Pennsylvania.

LMC brings two new tenants to Commack shopping center

Music Arts, a sister brand of musical instrument retailer Guitar Center, and The Tutoring Center have leased space at Mayfair Shopping Center in Commack, N. Y.

Prism to redevelop obsolete industrial facility into a mixed-use, transit-oriented community

Prism Capital Partners launched the redevelopment of the former Art Color industrial facility in Dunellen into a mixed-use, transit-oriented community.

Bordentown net-leased property sells for 1.68M

Real estate services firm Marcus Millichap announced the sale of a net-leased property, occupied by Investors Bank in Bordentown for 1. 68 million.

Cushman leads sale of Princeton Corridor office complex

Global real estate services firm Cushman Wakefield announced it arranged the sale of a two-building office complex from private ownership entity to IBIS Realty LLC at Ibis Plaza in Hamilton.

Toys R Us allowed to sell Asian business operations

Toys R Us got approval from bankruptcy court in Virginia on Monday to sell the majority stake of its Asian business operations, according to court documents.

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Toys R Us allowed to sell Asian business operations

Toys R Us got approval from bankruptcy court in Virginia on Monday to sell the majority stake of its Asian business operations, according to court documents.

Vanguard Series Honor Roll 2018

Though it&#8217s the C-suite executives who normally grab the spotlight, they would be the first to tell you the success of their companies, law firms, health care organizations and colleges and universities can only be achieved by having a strong and dedicated team working with them.

No heading

Forte Real Estate Development will break ground next week on 200 rental apartments and a PriceSaver Fresh Marketplace coming to Lincoln Boulevard in Middlesex Borough.

NAI negotiates sale of Ridgewood medical building

A fully-leased Ridgewood medical office building has sold, with the new owner set to occupy 3,000 square feet on the first floor.

North Plainfield retail location sells for 1.3M

Commercial real estate firm Marcus amp Millichap announced Thursday the sale of a North Plainfield property for 1. 3 million.

Somerset's Atrium Corporate Park sells for 33.5M

The three-building Atrium Corporate Park in Somerset has sold for 33. 5 million, JLL Capital Markets announced Thursday.

Cushman Wakefield to lease Mount Olive industrial property

Cushman Wakefield has been named the exclusive leasing agent for what it referred to as &#8220the state&#8217s largest available space,&#8221 a 1,427,979-square-foot distribution and warehouse property in Mount Olive.

Luxury goods company RealReal to open Perth Amboy warehouse

Luxury goods consigner The RealReal Inc. said it will set up shop in Perth Amboy, a move that will employ 770 workers, the Economic Development Authority announced Wednesday.

Hackensack multifamily properties net 11.5M

The Kislak Co. Inc. has arranged an off-market sale of two neighboring multifamily properties in Hackensack for 11. 5 million, the Woodbridge-based commercial real estate brokerage announced Wednesday.

Hampshire Cos. continues self-store development

Morristown-based The Hampshire Cos. has opened two self-storage facilities totaling more than 200,000 square feet in the Philadelphia area.

E-commerce company leases Newark industrial space

Eternity Crystal Logistics has signed on for 46,130 square feet of industrial space in Newark.

Smithers Avanza expanding to NJ

Smithers Avanza&#8217s Bioanalytical Services division is expanding with the addition of an 18,500-square-foot laboratory in New Jersey.

Bloom Organization sells Mount Laurel warehouse

The Bloom Organization has sold a Mount Laurel warehouse property to a private investor, Colliers International announced.

Middlesex Logistics Center sells for 83M

A partnership of ASB Real Estate Investments and Cohen Asset Management has purchased the fully leased Middlesex Logistics Center in Edison.

CBRE facilitates 14.5M Harrison sale

28th President LLC has purchased a development lot in Harrison for 14. 5 million, CBRE announced Tuesday.

Philly industrial portfolio sells for 17.5M

Commercial real estate brokerage The Blau Berg Co. announced the sale of a 195,202-square-foot portfolio in Philadelphia to American Equity Partners for 17. 5 million.

Investors Bank originates 219M in loans throughout tri-state area

Short Hills-based Investors Bank said it has originated five commercial real estate and multifamily housing loans in New Jersey, valued at 116 million.

Baraka, Paramount Assets welcome William Flats to Newark

Newark Mayor Ras Baraka was among those celebrating the grand opening of William Flats as a part of its ribbon-cutting ceremony Dec. 5.

Denholtz inks 3 Florida leases

Matawan-based real estate company Denholtz Associates has secured three leases at the University Corporate Center in Winter Park, Fla.

Jersey City property rebrands to attract innovative tenants

SJP Properties has announced the rebranding of Jersey Cityrsquos 95 Greene St. to the Liberty Innovation Centre.

Going up Construction begins on 71-story Journal Squared tower

Vertical construction has begun on what will become Jersey City&#8217s tallest tower, at 71 stories high.

Princeton properties sold to KABR Group

The KABR Group has purchased a two-building complex in Princeton.

41.5M acquisition financing for Edison logistics center

Cohen Asset Management has received 41. 5 million in acquisition financing for Middlesex Logistics Center in Edison.

Newark's Portside Distribution Center nabs first tenant, CBRE says

Refrig-It Warehouse has signed on for 140,000 square feet at Newark&#8217s Portside Distribution Center, marking the site&#8217s first lease.

Kushner Cos., KABR complete renovations at 26 Journal Square

26 Journal Square in Jersey City has completed its repositioning, adding more than 17,000 square feet of new retail and office tenants to the property originally built in 1928.

Former Plainfield YWCA sells for 1.3M

The former home of the YWCA of Plainfield has sold for 1,335,000, New Jersey Regional Manager for Marcus Millichap Brian Hosey announced Wednesday.

LW Supply renews, expands in South Hackensack

LW Supply Construction, which has occupied the property at 14 Central Blvd. since 2004, is expanding its presence in South Hackensack.

Crazy 8 closing stores after holiday, including 7 in NJ

San Francisco-based children&#8217s retailer Crazy 8 will close all its locations after the holiday season.

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NJCU leaders Public-private partnership a model

New Jersey City University senior Romina Generali is saving money by living in a building on campus at West Campus Village at University Place, which was built as part of an ongoing 400 million redevelopment project.

Wyckoff retail property sells for 2M

A retail property in Wyckoff sold for 2 million, Marcus amp Millichap announced Tuesday.

Schotz joins NKF to lead Agency Services

Jeff Schotz has joined Newmark Knight Frank as executive managing director, to lead the Agency Services team for the New Jersey market.

Spring Street Innovation Center sells for 23M

Shelbourne Global Solutions has purchased the Spring Street Innovation Center in New Providence from Mountain Development Corp. for 23 million, Newmark Knight. . .

Gourmet Nut to move ops to NJ, create 100 jobs

Gourmet Nut has purchased a 62,000-square-foot industrial building in Perth Amboy for 4. 6 million, with the intention of relocating its operations from Brooklyn, N. Y.

Cashless businesses could be outlawed under new bill

Lawmakers want to bar businesses from refusing cash payments, a measure which drew the opposition of several business advocacy groups.

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Kushner Cos. adds Princeton Marriot to portfolio

New York City-based Kushner Cos. announced Monday its acquisition of the Princeton Marriot at Forrestal from Lone Star Funds for 37. 6 million.

Somerville property sells for 3.7M

Marcus Millichap has sold a retail property in Somerville for 3,765,000.

2018 Luxe Gift Guide Holiday presents for the person who thinks they have everything

Whether you want to whisk off for the weekend, enjoy a quiet, romantic gourmet meal at home or brew your own batch of Gold Bar Blonde, our second annual guide to luxury holiday presents has something to satisfy everyone on your shopping list.

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Grant program helping small businesses STEP up

Prior to attending the year&#8217s AgraME agricultural trade show in Dubai, Messinas&#8217 products were sold in four Middle Eastern countries.

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MREI acquires Georgia industrial building for 27.8M

Monmouth Real Estate Investment Corp. has acquired a 126,520-square-foot industrial building in Savannah, Ga.

Middlesex Residential Urban Renewal receives 9.2M from The 100 Mile Fund

Procida Funding LLC announced Friday The 100 Mile Fund, which the company manages exclusively, provided a 9,200,000 pre-developmentearly stage construction loan to Middlesex Residential Urban Renewal LLC.

Two Men and a Truck eyes expansion in 12 NJ markets

Moving house and need some help? Michigan-based moving company Two Men and a Truck is expanding its New Jersey footprint with a location in Clifton, and looking for locations in 11 additional markets.

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Avison Young inks 5 new leases in Ramsey

Avison Young has closed five separate office leases, representing more than 11,600 square feet total, in Ramsey.

Team Resources closes leases for Henkels McCoy, LW Supply Corp.

Engineering and construction firm Henkels McCoy has leased approximately 42,500 square feet in Newark, Team Resources announced Thursday.

Union mixed-use building sets record 540 per square foot, MM says

4900 Bergenline Ave. in Union has sold for 5,050,000.

Nutley mixed-use building sells for 1.89M

A mixed-use building featuring seven residential and five retail units in Nutley has sold for 1,885,000.

Dollar Tree, Goodwill expand NJ footprint

Two new Dollar Tree locations are coming to New Jersey through its exclusive statewide real estate representative R. J. Brunelli Co. , based in Old Bridge.

Dollar Tree, Goodwill expand NJ footprint

Two new Dollar Tree locations are coming to New Jersey through its exclusive statewide real estate representative R. J. Brunelli Co. , based in Old Bridge.

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Newell Brands taps new CFO

Hoboken-based Newell Brands named Chris Peterson executive vice president and chief financial officer, effective Dec. 3.

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Russo to recreate Kearny industrial site as multifamily, Cushman says

Russo Development will redevelop Kearny&#8217s &#8220Bat Factory&#8221 property, following its purchase of the six-acre site, as the second phase of its Vermella West Project.

Quest Diagnostics to build 250,000-square-foot lab in Clifton

Quest Diagnostics announced Wednesday that it will build a flagship laboratory in Clifton.

Bloom and Piechowski bolster McLaren leadership

Dawson Bloom and Michelle Piechowski have been added to Woodcliff Lake-based McLaren Engineering Group&#8217s growing leadership team.

ElectroCore ups manufacturing in Rockaway

Basking Ridge-based bioelectronics medicine company ElectroCore Inc. has announced its expansion to Rockaway in support of increasing patient demand for its gammaCore product.

New North Jersey industrial building sells for 51M

The Hampshire Cos. has sold an industrial building at 700 Union Blvd. in Totowa, completed this year, for 51 million.

Frog Hollow development seeks to revitalize neighborhood

Elizabethrsquos Frog Hollow neighborhood will leap into 2019 with a new multi-million dollar redevelopment, through an effort between GonSosa Development, the city and the Elizabeth Development Corp.

Kislak closes 6.5M sale in Elizabeth

Two multifamily properties in Elizabeth, totaling 62 units, have sold for 6. 5 million, Woodbridge-based The Kislak Co. announced.

Bussel signs 76,556 square feet in industrial leases

Philadelphia Truck Lines and Blossom Kitchen Bath Supply have inked leases in Linden and Kearny, respectively, totaling more than 76,000 square feet, Edison-based industrial real estate services firm Bussel Realty Corp. has announced.

Campbell, Third Point reach agreement

An agreement between Campbell Soup Co. and investor Third Point LLC has finally been reached after a months long battle over the fate of Campbell&#8217s board of directors.

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Roseland property fetches 17.2M

3 Becker Farm Road in Roseland has sold for 17. 2 million&#8212that&#8217s a record-making 150 per square foot for the Essex County city, according to Newmark Knight Frank.

GS1 US arrives in Ewing

Ewing Mayor Bert Steinmann and more than 100 employees gathered Monday in Ewing to celebrate GS1 US&#8217s move to the Princeton South Corporate Center.

Vanguard Series Leaders in commercial real estate

As part of NJBIZ&#8217s winter Real Estate Report, we are including a special Vanguard Series section looking at people connected to the commercial real estate sector who were nominated by their respective companies for significant contributions made over the past year.

Looking for trouble High-yield lenders willing to take on the projects others steer clear of

When real estate developers approach a bank for financing, they will usually tidy up the company&#8217s financial statements and other documents and put the finishing touches on a presentation highlighting the expected return on the project.

A multimillion-dollar balancing act Builders must weigh short- and long-term concerns when assuming risk

When New York City-based Hugo Neu Corp. began the 1 billion, multiyear Kearny Point project in 2014 &#8212 redeveloping the 130-acre former Kearny shipyard as a center for office, co-working and retail space &#8212 &#8220the common wisdom was that there was already too much office space in New Jersey and no need for office space in. . .

Finding that first home Millennials, others may be surprised to learn they can qualify for mortgage

Being a millennial can be tough. The generation generally defined as 25-34 years old encompasses a lot of people who are staggering under huge student-loan debt and many also came of age during the Great Recession, when good-paying jobs were disappearing like melting icicles.

Jersey to Germany How Pratos took Joe Tea global

A cafe in Copenhagen, Denmark. An airport in Frankfurt, Germany. Joe Tea is a small New Jersey company with a big international reach. When husband-and-wife team Steven and Ann Prato started the company out of the backseat of a Dodge Intrepid in 1998, they had trouble tapping into the local market. But by making some creative inroads they have. . .

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VA home-purchase loans up 80 in NJ, lender says

The nation&#8217s largest Veterans Administration lender said Wednesday home-purchase loans surged in New Jersey in fiscal year 2018.

Paterson mixed-use property sells for 6.7M

Commercial real estate investment company Marcus Millichap announced the sale of Park Ave Apartments, a mixed-use property in Paterson, for 6. 7 million, said Brian Hosey, regional manager of the firm's New Jersey office, in a release.

Edelstein joins Scarinci Hollenbeck's CRE group

Stephanie Edelstein joined law firm Scarinci Hollenbeck&#8217s commercial real estate group as counsel on Tuesday.

Nextage M3 Realty joins Better Homes and Garden

Residential real estate brokerage Nextage M3 Realty, with offices in Edison and South Brunswick, is the newest member of the Better Homes and Gardens Real Estate LLC franchise network.

Linde's gifts lift to Macy's parade

The Macy&#8217s Thanksgiving Day Parade is a tradition for millions across the U. S. , but, New Jerseyans can take special pride in knowing that Linde North America continues to give rise to the occasion by supplying helium for its famous balloons.

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Levin names Harris to new vp leasing position

Stephanie Harris is joining North Plainfield-based Levin Management Corp. in the newly created role of vice president of leasing.

David's Bridal files Chapter 11

David&#8217s Bridal is restructuring, but this won&#8217t stop brides from getting their dresses, the company announced Monday after filing Chapter 11 bankruptcy in Delaware that morning.

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Lidl to acquire Best Market stores in NJ, NY

German grocer Lidl will acquire 27 New York and New Jersey locations of the Long Island-based grocery chain Best Market.

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Equis, Fountain Group partner for Opportunity Zone fund

Equis Realty Partners LLC and The Fountain Group LLC are partnering to create Peek Development, a joint venture focused on Opportunity Zone projects in New Jersey, which already boasts more than 85 million in projects and 300 mark-rate units under contract.

NAI James E. Hanson negotiates Bloomingdale sale

The former Walker's Deli building and a two-family home situated next door in Bloomingdale have been sold.

Coming 2020 4.1M-square-foot Linden Logistics Center

Advance Realty and Greek Development announced plans for a 4. 1 million-square-foot Linden Logistics Center, which would be the largest active industrial development in the Port of New York-New Jersey region, according to the partnership.

REI names Newark top city in which to 'opt outside'

Newark's 82 public parks afford 93 percent of residents an opportunity that many elsewhere do not have a less-than-10 minute walk to get there. Nationally, only 55 percent of residents of large cities live that close to park land.

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Country Club Plaza sold to Premium Capital Resources

Premium Capital Resources has purchased Paramus&#8217 Country Club Plaza from Garrison Investment Group and Onyx Equities.

Mirante added to Avison Young board

Arthur Mirante, principal and president of the tristate region for Avison Young, has been appointed to the commercial real estate services firmrsquos board of directors.

Team Resources announces two lease deals

Commercial and industrial real estate agency Team Resources has completed two lease deals.

Panel Construction companies challenged to find workers

Construction in New Jersey is booming to the degree that there is a shortage of qualified labor to perform the volume of jobs, according to three panelists who took part in an industry panel Wednesday in Whippany.

Amazon HQ2 in NYC called 'win-win' for metro area

Despite Amazon's bypassing of Newark for the location of its second North America headquarters, New Jersey businesses and public officials alike are saying the state has not quite been left in the dust.

Eastman Cos. announces leases for The Shoppes at Livingston Circle

Aldi, Fitness 1440, Moxie Salon Beauty Bar and Cookie Cutters for Kids have all signed on for The Shoppes at the Livingston Circle, commercial real estate company Eastman Cos. has announced.

Colliers inks 304,000 square feet in distribution deals

In the past month and a half commercial real estate service firm Colliers International NJ LLC said it completed four long-term warehousedistribution lease transactions totaling more than 300,000 square feet.

It's official Amazon's HQ2 headed to New York, Virginia

Amazon made official Tuesday its selection of New York City and Arlington, Va. , as the locations for its new North American headquarters.

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SOMA of Somerville planning for 2018 launch

SOMA in Somerville on schedule for completion with a launch anticipated before 2019, developer Sterling Properties announced.

New ShopRite coming to Wayne

Crossroads Companies LLC will construct a new 79,540-square-foot Inserra ShopRite at the Wayne Hills Mall after signing a long-term ground lease with mall owner Levco Associates.

Amazon chooses Virginia, NY for HQ2, reports say

Amazon has chosen locations in Northern Virginia&#8217s Crystal City and New York City for its much-ballyhooed second North American headquarters, splitting up to 50,000 jobs between the two sites, according to various published reports including one from the Washington Post, which is owned by Amazon Founder and Chairman Jeff Bezos.

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Wainscot Media relocating to Park Ridge

Montvale publisher Wainscot Media is moving to Park Ridge.

Alfred Sanzari chooses RJ for PR, marketing

Alfred Sanzari Enterprises has named RJ Strategic Communications as its agency of record, RJ announced Monday.

L'Oreal's Clark RD facility sells for 15.8M

ANG Management has purchased 175-195 Terminal Ave. at the Clark Commercial Center, the home of L&#8217Oreal&#8217s North American RD division, from Denholtz Associates for 15. 84 million.

JLL to lease Hoboken office building

Ivy Realty LLC has chosen JLL as exclusive leasing agent for its downtown Hoboken office building.

Clark office building goes for 10.525 million

Joint-venture partners Mountain Development Corp. and Bukiet Building and Management Co. have traded 67 Walnut Ave. in Clark for 10. 525 million.

Joshua Motor Cars buys Pennsauken plot

Haddonfield Properties, doing business as Joshua Motor Cars, has purchased a 3,500-square-foot Pennsauken property from Auto Depot of Williamstown LLC.

HFF secures 9.94M in financing for Bergen County space

Holliday Fenoglio Fowler LP has secured 9. 94 million in acquisition financing on behalf of Northeast Capital Group of Ramapo, N. Y.

100 Mile Fund to provide 38.5M to Nyack College

Procida Funding has provided Nyack N. Y. College with a 38. 5 million debt consolidation and working capital loan on behalf of The 100 Mile Fund, which Procida manages exclusively.

Transformation begins at former Wonder Bread factory in Hoboken

Construction has begun on the 120 million project to transform Hoboken&#8217s former Wonder Bread factory into the Wonder Lofts, a residential property featuring 89 units.

Ironside Newark nabs 2 new tenants

Real estate company Edison Properties said it is relocating its headquarters to Ironside Newark early next year.

EDA approves 39M tax credit to software company GoBrands

The New Jersey Economic Development Authority approved a tax credit award of 39. 1 million to delivery software company GoBrands Inc. to construct new facilities in Gloucester County.

Design 'smart cities' around people, Tech Day panelists suggest

In New Jersey&#8217s cities of tomorrow, kitchen appliances could alert homeowners they need to be replaced. Smart meters could tell them how to lower their electric bill. Commuters would be able to use ride-sharing apps to connect them from home or work to the nearest train station &#8212 via bicycles or electric scooters rather than cars.

OwnBackup signs on for Sylvan Corporate Center

OwnBackup Ltd. has signed an 11-year lease for 30,000 square feet of space at the Sylvan Corporate Center in Englewood Cliffs.

Hand Stone coming to Somerset Shopping Center

Hand Stone Massage and Facial Spa has leased 2,990 square feet at Bridgewater&#8217s Somerset Shopping Center, Levin Management Corp. announced Thursday.

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via IFTTT

Hand Stone coming to Somerset Shopping Center

Hand Stone Massage and Facial Spa has leased 2,990 square feet at Bridgewater&#8217s Somerset Shopping Center, Levin Management Corp. announced Thursday.

MRC closes 67.5M loan for Harrison multifamily projects

Madison Realty Capital announced Thursday it has closed a 67. 5 million loan for the acquisition and construction of two multifamily development sites in Harrison.

Bergen County apartment complex sells for 43M

Bergen County&#8217s The Fairview has sold for 43 million, Holliday Fenoglio Fowler LP said.

Red Bank planning board approves The Rail

Updated plans for The Rail Red Bank Station have been unanimously approved by the Red Bank Borough Planning Board.

Newell Brands selling off two businesses for 2.5B

Consumer goods manufacturer Newell Brands signed definitive agreements to sell two businesses, Pure Fishing and Jostens, it announced Wednesday.

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via IFTTT

Hospitals asked to participate in 12M housing partnership

The New Jersey Housing and Mortgage Finance Agency has asked hospitals in the state to participate in a 12 million partnership program designed to promote investment in affordable and supportive housing in their communities.

TD to fund 6M for veterans housing

TD Bank has provided the Affordable Housing and Services Collaborative Inc. and Peabody Properties Inc. a 6 million construction loan for the expansion of a Basking Ridge Veterans Affairs Supportive Housing community for homeless and at-risk veterans.

Destination Maternity to close 117 stores

Destination Maternity announced it plans to close 117 stores by the end of fiscal year 2018 as part of a multiyear strategic plan.

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Murphy, Baraka decry Amazon reports as 'speculation'

Gov. Phil Murphy and Newark Mayor Ras Baraka cast as &#8220speculation&#8221 published reports that Amazon has chosen sites in New York and Virginia for its second North American headquarters, bypassing New Jersey&#8217s largest city.

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Fujitsu General signs on for Rockefeller Group Logistics Center

In a move to consolidate and expand its New Jersey distribution operations, Fujitsu General America Inc. has leased 155,000 square feet at the Rockefeller Group Logistics Center in Piscataway.

G.S. Wilcox secures financing for 17.6M warehouse

G. S. Wilcox Co. has completed 17. 6 million in financing for a Middlesex County warehouse.

WCRE announces sale, leases

Wolf Commercial Real Estate announced it had represented BBT Bank in the sale of 3104 Bridgeboro Road to AdvoCare LLC.

Unity Bank funds 3.6M Union City expansion

Hudson Gas Auto Service Inc. has received a 3. 6 million Small Business Administration loan for a renovation and expansion.

E-commerce drives NJ industrial market to record 2018

The New Jersey Industrial market is going strong &#8212 and breaking records &#8212 heading into the fourth quarter of 2018.

NJHMFA awarded HUD grant for expanded counseling

The New Jersey Housing and Mortgage Finance Agency has received a grant of approximately 250,000 from the U. S. Department of Housing and Urban Development to support housing counseling in the state.

CW adds 2.2M square feet in property management

Cushman Wakefield said it has upped its property management assignments by 2. 2 million square feet in the Garden State.

Oppel to lead NJ property management for JLL

Mary Oppel has been promoted to the role of regional operations manager for JLL&#8217s property management business in New Jersey, the real estate company announced Tuesday.

New leases, improvements announced for Plaza 35

Jacobs Enterprise Inc. and Pierson Commercial announced a number of new leases for Plaza 35 Shopping Center in Wall.

Teterboro Walmart fetches 37.5M

A single-tenant Walmart ground lease at Teterboro Landing has sold for 37,481,551.

Avison Young arranges 21.1M loan for Allendale industrial

The New Jersey office of Avison Young said it arranged a 21. 1 million loan to refinance a multitenant industrial property in Allendale.

Retailers expecting fruitful holiday season, survey says

More than 87 percent of store managers polled by North Plainfield-based Levin Management Corp. said they expect their holiday sales to meet or exceed last season.

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Retailers expecting fruitful holiday season, survey says

More than 87 percent of store managers polled by North Plainfield-based Levin Management Corp. said they expect their holiday sales to meet or exceed last season.

HFF announces Ocean County retail sale

Forked River&#8217s Sunrise Plaza has sold, Holliday Fenoglio Fowler LP announced Monday.

Newark 'moving forward' despite reports Amazon eyeing HQ2 in Virginia

Despite indications Amazon plans to open its second North America headquarters in northern Virginia instead of Newark, the city&#8217s mayor said it is &#8220moving forward. &#8221

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Making something old new again Specter of historic tax credit presents 'huge' opportunity for cities, developers

Since the middle of the 19th century, the John A. Roebling&#8217s Sons Co. factory stood as one of the centerpieces of Chambersburg. At its peak, it employed 15,000 workers in a sprawling complex, famed for the Roebling wire rope &#8212 metal cables and wires used in the George Washington and Golden Gate bridges, as well as electrification,. . .

Come for the experience, leave with the goods

Traditional brick-and-mortar retailers are moving more toward experiential shopping to get people in the door. At Canada Goose in The Mall at Short Hills, customers can try on the brand&#8217s parkas in what&#8217s called The Cold Room, which can get down to as low as -13 degrees.

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Campbell to shareholders Third Point's plan looks like ours

The soup is heating up between Campbell Soup Co. and New York-based hedge fund Third Point LLC in the battle to win over Campbell&#8217s shareholders ahead of a Nov. 29 annual meeting that could oust the company&#8217s current board of directors.

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Toys R Us' Geoffrey the Giraffe rises from the ashes

Toys R Us may no longer be around, but Geoffrey the Giraffe remains.

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MM announces 1.1M Sayreville sale

A nine-unit Sayreville apartment building has sold for 1,165,000.

Realogy CFO Hull to retire

Anthony Hull, executive vice president, chief financial officer and treasurer for Madison-based Realogy Holdings Corp. , will retire from his position effective Nov. 5, the company announced Friday.

JLL to lease The Mark in Rockaway

Northbridge Investment Management Inc. has chosen JLL as exclusive leasing agent for the recently rebranded The Mark in Rockaway.

Pharmaceutical company inks Parsippany lease

Edenbridge Pharmaceuticals has leased 18,500 square feet in The Offices at Fox Hill in Parsippany.

Overhyped or sound investment Experts debate Opportunity Zones at Sax event

A panel of three real estate development professionals shared mixed perspectives on the federal Opportunity Zone program as a key to spurring development at a real estate industry event Thursday sponsored by accounting, tax and advisory company Sax at the ON3 building in Nutley.

MM announces Jersey City sale

Marcus Millichap has announced the sale of a 9,400-square-foot mixed-used property in Jersey City.

Aldi rolls out NJ delivery with Instacart

German grocer Aldi is the newest adopter of grocery delivery in New Jersey.

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Blueprint for growth Experts say right investments can spur economic master plan to success

Earlier this month Gov. Phil Murphy appeared at ON3, the campus and biotech office space located on the 116-acre former Hoffman-LaRoche site that spans the Clifton-Nutley border, and unveiled an economic development plan he said will &#8220set New Jersey on the path to a stronger and fairer future where innovation and diversity are at the. . .

Qualified Opportunity Zone funds shaping up as win-win for neighborhoods, investors

A federal Opportunity Zone program that is able attract the investments needed to rejuvenate economically depressed areas may also be a bonanza for investors, real estate developers and consultants, according to some experts.

Third Point Campbell Soup split possible

New York-based hedge fund Third Point LLC said in a presentation Tuesday that it will consider splitting Campbell Soup Co. into two &#8220better focused&#8221 companies&#8212Grocery and Snacks&#8212should it successfully replace Campbell&#8217s board of directors with its own independent slate.

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Murphy's state economic goals to echo at Jersey City Summit

As the Murphy administration unveils plans to overhaul how the state attracts outside businesses, Jersey City&#8217s local officials and businesses are eyeing how the city could potentially serve as a standard-bearer for the state.

CBRE market leader with South Jersey oversight to retire

Bob Walters, CBRE market leader for the Greater Philadelphia region since 1984, will retire at the end of this year, the commercial real estate company announced Tuesday.

Sewell Wawa nets 5.4M

A Wawa store near Rowan University in Sewell has sold for 5. 4 million, Marcus Millichap has announced.

Asbury Farms sells Washington properties for 16.2M

The Village Shoppes at Hawk Pointe and Hunterdon Medical Office Building in Washington have sold for 16. 2 million to Larken Associates, HFF has announced.

CBRE arranges 880K Manville sale

CBRE has announced the sale of two mixed-used, multifamily properties in Manville, totaling a combined 8,000 square feet, for 880,000.

Four Springs secures 75M credit facility

Four Spring Capital Trust, an internally managed real estate investment trust focusing on industrial, medical, retail and office properties, has obtained a three-year revolving credit facility affording the Lake Como-based company 75 million in borrowing capacity.

PetSmart comes out in support of 'Bijou's Law'

PetSmart Inc. has commended the efforts of proposed legislation Assembly Bill 3044, or &#8220Bijou&#8217s Law,&#8221 which would require pet grooming licenses for services including bathing, brushing, clipping or pet styling for compensation.

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Experts debate pros and cons of doing business in NJ at EisnerAmper summit

Putting a new twist on the 1980s tourism campaign, a panel of experts from the public and private sectors offered insights into the opportunities and challenges New Jersey offers for businesses at the eighth annual EisnerAmper New Jersey Business Summit on Thursday night in Iselin.

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Cannatalks panelist 4.2B invested in legal cannabis in last year

About 6 billion has been invested in the nation&#8217s legal cannabis market, according to Jeanne Sullivan, general partner at cannabis investment firm Arcview Group in Oakland, Calif. Compare that to this time last year, when 1. 8 billion had been invested and, she said, &#8220you can see it&#8217s torquing. &#8221

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Hackensack office center secures 4 new tenants

The 250,000-square-foot RiverView Office Center in Hackensack acquired four new tenants, according to an announcement from leasing agent Cushman Wakefield.

Campbell chairman Third Point's Loeb 'self-serving'

Campbell Soup Co. Chairman Les Vinney sent a letter to shareholders Thursday urging them to vote for the company&#8217s existing board of directors at its annual shareholder meeting Nov. 29.

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NJ pension fund won't divest Nike shares following Kaepernick ad

Managers of New Jersey&#8217s 78 billion public worker pension fund said Thursday they will not divest from Nike stock, following requests by a member in September who was displeased with the shoe company&#8217s ad featuring former NFL quarterback Colin Kaepernick.

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ATC applicant HillviewMed receives investments from two NJ retail families

HillviewMed, one of the applicants for six New Jersey Alternative Treatment Center licenses to be announced after Nov. 1, has received strategic investments from two New Jersey retail families.

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Art Factory owners secure 12.5M loan from Silver Arch, Procida

Silver Arch Capital Partners and Procida Funding Advisors LLC have announced the closing of a 12. 5 million loan to the owners of a 170-year-old former factory complex in Paterson.

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Art Factory owners secure 12.5M loan from Silver Arch, Procida

Silver Arch Capital Partners and Procida Funding Advisors LLC have announced the closing of a 12. 5 million loan to the owners of a 170-year-old former factory complex in Paterson.

Sax to hold annual real estate industry update Nov. 1

Clifton-based accounting, tax and business advisory firm Sax LLP will host real estate industry professionals to discuss the current and future state of New Jersey&#8217s real estate market.

Seven CFOs honored as tops in their field at NJBIZ event

Being a CFO is more than just numbers on paper &#8212 it&#8217s being a valued part of strategic planning and development of the organization, according to Tony Panico, partner at the tax and audit firm WithumSmithBrown PC.

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Bressler, Amery Ross launches cannabis practice group

Florham park-based Bressler, Amery Ross launched a cannabis practice group Tuesday.

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Murphy, Teva Pharmaceuticals, formalize NJ headquarters move

The Murphy administration and Teva Pharmaceuticals have &#8220formalized&#8221 an agreement to move the company&#8217s U. S. headquarters to Parsippany, a move that is expected to generate 843 jobs in the state and retain another 232 positions.

CBRE 2018 strong year for NJ manufacturing real estate

Boosted by the sale of a Jersey City manufacturing property, the real estate services and investment firm CBRE is forecasting 2018 to be one of the strongest years for New Jersey&#8217s manufacturing real estate market.

Employers can ease the burden for lower-income employees, United Way report shows

Although 89 percent of New Jerseyans live above the poverty line, only 61 percent can make ends meet, according to a United Way report released Monday.

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PharmaCann has footprint in seven states, and wants to make New Jersey its eighth

If previous success is any indication of how an applicant will fare in New Jersey&#8217s current alternative treatment center application process, PharmaCann need not worry.

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CBRE secures 19.5M in financing for South Brunswick industrial

CBRE has arranged a 19. 5 million loan for a nearly completed, 305,598-square-foot warehouseindustrial facility in South Brunswick.

Trio of companies relocating to Ridgefield Park

Kumon North America, Beigene USA and KB Insurance have all signed long-term leases at 55 Challenger Road in Ridgefield Park, the KABR Group and Kushner Cos. have announced.

Article doubles NJ space with Jersey City move

Article is relocating its distribution center to Jersey City from Elizabeth in a move that finds the furniture and decor brand more than doubling its footprint in the state.

Lawmakers consider tax credits to bolster historic preservation

Lawmakers want to help finance the rehabilitation and redevelopment of New Jersey&#8217s historic properties through a new tax credit similar to one unveiled by Gov. Phil Murphy on Oct. 1.

PSEG buys Newark lot for 1M

Sitar Realty Co. -TCN Worldwide of Iselin has announced the purchase of a vacant lot in Newark by the statersquos largest utility.

At Women Entrepreneurship Week, 'you're not going to go down easy'

Unable to access money via ATM a few months ago, Nicki Radzely, co-founder of binky company Doddle Co. , contacted her bank only to find out that she had been miscategorized as having done business with North Korea.

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HFF sells Cedar Knolls office building

Holliday Fenoglio Fowler LP has announced the sale of a 120,000-square-foot Cedar Knolls office building.

The Ponds at Jackson Twenty-One opens doors to Sandy victims

Matrix New World Engineering has announced the opening of housing at The Ponds at Jackson Twenty-One in Jackson to accommodate residents of the state impacted by the destruction wrought by 2012&#8217s Superstorm Sandy.

Jersey City Bayfront redevelopment project receives approval

Jersey City&#8217s purchase of approximately 70 acres of land from Bayfront Redevelopment properties has been approved, Mayor Steven Fulop announced.

HOK opens Summit office

Global design and architecture firm HOK has opened its 24th location in Summit.

Flemington hotel completes 1M renovation

The independently owned Travel Inn Suites in Flemington has announced the completion of a 1 million renovation.

Advance Realty expands headquarters with 5 new hires

Advance Realty has announced the addition of two directors to its Bridgewater office.

Stop Shop recalls store brand salsa

Stop Shop voluntarily recalled three types of its store brand salsa over potential quality concerns.

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651 residences announced for Bayonne's MOTBY

A total of 651 rental residences are set for the former Military Ocean Terminal at Bayonne, following Monday&#8217s announcement of the closing on 14 acres at the site by a joint venture partnership.

Amazon hiring event coming to Gloucester County

As part of its recently announced efforts to add 9,000 employees in New Jersey, Amazon will hold a hiring event at its Logan Township fulfillment center next Wednesday, the company announced Monday.

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NJBIZ Lists Engineering Firms Office Buildings

View the 2018 Engineering Firms and Office Buildings lists in the Oct. 15 issue of NJBIZ.

South Jersey the new frontier

High prices and a crunch in available space elsewhere in the state have helped to make South Jersey the &#8220it&#8221 market for industrial real estate, according to several real estate experts contacted by NJBIZ.

Demographics, other factors helping to spur suburban revival

Migration from the suburbs to urban areas &#8212 a pattern that&#8217s ruled for more than a decade &#8212 may finally be turning around, according to a report from the Edward J. Bloustein School of Planning and Public Policy at Rutgers University.

The evolving office space

Edwin Cohen, a principal in the real estate firm Prism Capital Partners LLC, has seen the evolution of office space from up close during his 56 years in the business.

Newark said most socially impactful site for Amazon

Picking Newark as the site of Amazon&#8217s second North America headquarters would have a &#8220strong positive social impact&#8221 on the online retail giant, according to a new social responsibility report by the nonprofit Just Capital.

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New law untangles regulatory knots for New Jersey's hair braiders

Brigitte Nzali doesn&#8217t recall a time she didn&#8217t know how to braid. Her mother taught her as a child in Cameroon, as soon her fingers were agile enough.

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Lizura takes on senior vp role at NJPAC

Tim Lizura, former president of the New Jersey Economic Development Authority, will serve as senior vice president of real estate and capital projects for the New Jersey Performing Arts Center, the theater announced Monday.

PSS adds 4 senior directors

PSS, a Warren-based architecture, engineering and environmental consulting firm, announced several key hires Monday, including the addition of Harry &#8220Ted&#8221 Osborne to a key position on its senior management committee as senior director of the company&#8217s Building Services Group. He will report to president and CEO John Sartor.

Panepinto makes 10M donation to Saint Peter's, largest in school's history

Saint Peter&#8217s University on Friday announced it received the single largest philanthropic gift in the school&#8217s 150-year history &#8212 10 million from Joseph Panepinto, president and chief executive officer of Jersey City-based Panepinto Properties and a member of the Saint Peter&#8217s Board of Trustees.

EDA seeks to breathe new life into vacant malls, office parks

As millennials, jobs and money flock from the suburbs and to cities, the New Jersey Economic Development Authority wants to help redevelop the malls, corporate campuses and shopping centers that have been left behind and now sit empty.

Brennan heads to CBRE NY leadership team

Kimberly Brennan has joined CBRE as senior managing director, a part of the commercial real estate company&#8217s New York leadership team.

NAI James E. Hanson negotiates Montvale office building sale

NAI James E. Hanson has announced the sale of a 14,000-square-foot office building at 500 Craig Road in Montvale.

Newark industrial development site sells for 8.2M

A 4. 5-acre land parcel adjacent to Newark Liberty International Airport in Newark has sold for 8. 205 million.

Lidl to open 3 NJ stores within 4 weeks

International discount grocer Lidl will open three New Jersey stores over the course of four weeks, starting Oct. 31.

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Prime members in North, Central Jersey can now order groceries online

Amazon and Whole Foods Market on Wednesday launched grocery delivery in North and Central Jersey through the e-commerce company&#8217s Prime Now service.

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Irvington medical properties secure 4.4M

Progress Capital said Tuesday that it has secured a 4. 43 million permanent mortgage to refinance two adjacent Irvington medical office properties and purchase the land on which one resides.

Amazon primed for holiday season with NJ hiring event

Amazon will hold a hiring event Wednesday in Elizabeth as it works towards a goal of hiring for more than 9,000 part-time and seasonal positions in New Jersey.

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A Cubed inks deal for Fair Lawn industrial

A Cubed LLC is leaving Wood Ridge for Fair Lawn following its purchase of an industrial building there, NAI James E. Hanson has announced.

Princeton's Center for Jewish Life completes renovation

Princeton University&#8217s Center for Jewish Life has completed a refurbishment and energy-efficient renovation, improving about 17,800 square feet of building area.

Park Avenue Club celebrates new event spaces

Florham Park private dining facility The Park Avenue Club has expanded its offerings with the opening of two new event spaces.

HFF arranges 8.8M refinancing for Eatontown office building

Real estate company Holliday Fenoglio Fowler LP has announced the 8. 8 million refinancing of 4 Industrial Way W. in Eatontown.

Omni America purchases Newark affordable housing units

Garden Spires and Spruce Spires in Newark have been sold to New York-based affordable housing developer Omni America LLC.

QuickChek coming to former industrial Cranford site

Rochelle Park-based Tulfra Real Estate said it has completed acquisition and financing to bring a QuickCheck to 370 North Ave. E. in Cranford.

Camelot of Cinnaminson gets 38M refinance

The New Jersey regional office for NorthMarq Capital has announced a 38 million refinance for Camelot of Cinnaminson.

AFR promotes Brandao and Packer

American Financial Resources Inc. announced Monday the promotion of Laura Brandao to president and Bill Packer to chief executive officer for the Parsippany-based lender.

Meridian Capital arranges 258M in financing for Lakewood company

Accurate Builders amp Developers of Lakewood has received 258 million in acquisition and construction financing for multifamily properties in Bayonne, Raritan and Linden.

6 NJ Mattress Firm locations to shutter in initial closures

Six New Jersey Mattress Firm locations will close immediately as a result of Mattress Firm&#8217s Chapter 11 filing announced Friday.

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Mattress Firm to put 700 stores to sleep nationwide

Houston-based Mattress Firm will close up to 700 stores nationwide leading up to the holiday season &#8220to strengthen its balance sheet and optimize its store footprint,&#8221 according to an announcement made by CEO Steve Stagner Friday.

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Lidl purchases Bergenfield site

International grocery store Lidl has purchased a former Bergenfield ACME Market site for an undisclosed amount, according to RIPCO Real Estate and Kampler Advisory Group.

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Lidl purchases Bergenfield site

International grocery store Lidl has purchased a former Bergenfield ACME Market site for an undisclosed amount, according to RIPCO Real Estate and Kampler Advisory Group.

Rutgers Camden seeks construction of business school building

Rutgers University Camden Chancellor Phoebe Haddon, on Thursday, discussed plans to construct a building to house the Camden campus&#8217 business school.

Phased-in marijuana tax still an option, Scutari says

The option to phase in a marijuana tax over the course of several years is not off the table, according to Sen. Nicholas Scutari.

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NJ to tax online shopping

Gov. Phil Murphy signed a law Thursday requiring out-of-state online sellers to collect sales tax.

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Real estate magnate Jay Kislak dies at 96

Jay Kislak, chairman of the Kislak Organization real estate company, died Wednesday at his home in Miami. He was 96.

Toys R Us IP to be acquired by investors

A group of investors led by intellectual property holding company Geoffrey LLC is set to acquire all of Toys R Us Inc. &#8217s intellectual property.

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Experic sets plans for Cranbury manufacturing, packaging facility

In advance of its official opening later this year, pharmaceutical supply services provider Experic has leased a 45,500 square foot, state-of-the-art Class A research, manufacturing and packaging facility in Cranbury.

Hamilton Township is All Play USA

Hamilton Township has been selected as the locale for All Play USA LLC&#8217s flagship facility, the company said Tuesday.

Rodriguez joins Burlington Stores board

UCI Networks President and COO Jessica Rodriguez has joined the board of directors and corporate governance committee of Burlington Stores Inc. , it was announced Tuesday.

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Amazon to pay employees at least 15 an hour

Amazon will pay all its employees at least 15 per hour beginning in November, the company announced Tuesday.

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Small contractors get lift with SBA surety bonds subscriber content

On Oct. 1, the SBA will lower surety bond fees for the first time in 12 years, giving small contractors the opportunity to compete even better with the big dogs.

Ascena Retail Group hires new SVP, general counsel

Ascena Retail Group appointed Wendy Hufford as senior vice president and general counsel on Monday, effective immediately.

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Artech acquires CDI Corp. business unit

Morristown-based Artech Information Systems has acquired the Talent Technology Solutions business unit of Philadelphia-based CDI Corp.

Small contractors get lift with SBA surety bonds

Over the last 10 years, Ocean Construction in Marmora has worked on more than 100 federal construction jobs. Its specialty is National Historic Landmarks &#8212 things like roofing at Washington&#8217s Headquarters Museum in Morristown and masonry at Thomas Edison&#8217s house in West Orange.

OP-ED How contractors can benefit from NJ's new P3 law

On Aug. 14, New Jersey Gov. Phil Murphy signed into law into legislation that expands the possibility for government entities to enter into agreements with private companies. The public-private partner-ships P3 legislation is intended to help address the state's growing infrastructure needs and foster economic growth.

Transwestern relocating to Florham Park

Transwestern is expanding and moving its New Jersey operations to Florham Park.

HUD grants NJ 12.6M to help with homelessness, affordable housing

Bergen County will receive a grant of over 12. 6 million from the federal government to help fight the state&#8217s housing crisis, U. S. Reps. Bill Pascrell and Josh Gottheimer, both Democrats, announced Friday morning.

Pentax Medical's Montvale building sells for 14M

Northeast Capital Group has purchased 3 Paragon Drive in Montvale for 14 million, JLL announced Friday.

NJBIZ reveals 2018 Fast 50 list

Twenty-two never-before-ranked companies appear on this year's list of NJBIZ Fast 50 honorees.

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NJBIZ reveals 2018 Fast 50 list

Twenty-two never-before-ranked companies appear on this year's list of NJBIZ Fast 50 honorees.

Woodmont Square in Bridgewater sells for 32.55M

Bridgewater&#8217s Woodmont Square Apartments has sold for 32. 55 million, commercial real estate firm Gebroe-Hammer Associates said Thursday.

Glendale Business Park nets 9M

Glendale Business Park in Edison has been sold to an undisclosed buyer for 9 million, industrial real estate services firm Bussel Realty Corp. announced Wednesday.

Sussex mixed-use The Creamery nabs 2.25M

The Creamery at 16 Walling Ave. in Sussex has sold for 2. 25 million, The Kislak Co. Inc. has announced.

CAPC receives 12M to purchase, rehab homes

Community Asset Preservation Corp. has been awarded 12 million in New Markets Tax Credits &#8211 the largest amount allocated in 2018 &#8211 from the Housing Partnership Network, New Jersey Community Capital announced Tuesday.

NYC's Mood Fabrics takes runway to Lodi

Mood Fabrics, which gained popularity as the go-to shop for designers on Bravorsquos Project Runway, is moving into Bergen County, having purchased a 73,373-square-foot industrial property in Lodi.

JZAD's Zinder to serve on NJ AIA executive committee

JZAD Founding Principal Joshua Zinder has been elected vice president of the American Institute of Architects&#8217 New Jersey chapter, the Princeton-based architecture and design firm said Tuesday.

Murphy advances rules for SALT work-around despite IRS threats

The Murphy administration plans to push ahead with the implementation of rules that would allow a state to circumvent the federal cap for state and local taxes, despite a push to clamp down on such efforts.

Jet.com expands to over 200,000 square feet in Hoboken

E-commerce purveyor Jet. com is again expanding its Hoboken Waterfront Corporate Center headquarters, SJP Properties said Monday.

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Jet.com expands to over 200,000 square feet in Hoboken

E-commerce purveyor Jet. com is again expanding its Hoboken Waterfront Corporate Center headquarters, SJP Properties said Monday.

Moe's Southwest Grill coming to River Edge

River Edge is getting a Moe&#8217s Southwest Grill. The Tex-Mex chain inked a deal with Cushman Wakefield to enter a 2,680 square-foot space in the New Bridge Landing Shopping Center in the location of the former California Tortilla.

Rutgers announces 2018 Center for Real Estate board members

New Jersey Economic Development Authority CEO Tim Sullivan, New Jersey Redevelopment Authority Executive Director Leslie Anderson, Maser Consulting Chairman and CEO Richard Maser and Cushman Wakefield Managing Principal Andrew Judd are some of the names included in The Center for Real Estate at Rutgers Business School&#8217s announcement of its. . .

Gristedes joins Allegiance supermarket co-op

Iselin-based supermarket co-op Allegiance Retail Services LLC has added New York-based chain Gristedes to its roster of grocery stores.

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NJEDA Brooklyn wholesaler consolidating in Roselle Park

Brooklyn, N. Y. -based electronic accessories wholesaler OEM Source is heading to New Jersey, the New Jersey Economic Development Authority announced Friday.

Jaguar Land Rover North America opens Mahwah headquarters

Jaguar Land Rover North America held its official opening ceremony this week, with a Royal in attendance.

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Mack-Cali sells Horizon Drive buildings

Mack-Cali has sold a two-building portfolio in Hamilton, NKF Capital Markets announced.

MM sells River Vale building for 4.8M

Marcus Millichap has sold The Rudd O&#8217Connor Building in River Vale for 4,838,900.

Kean unveils business school rendering, 2020 completion date

The Kean University Board of Trustees approved a contract with Natoli Construction Corp. for its new College of Business and Public Management building coming to the former Merck-owned site at Morris Avenue in Union.

Special Properties and Christie's expand in Northern NJ with Gavura

Special Properties Real Estate Services LLC, a regional affiliate of Christie&#8217s International Real Estate, on Thursday announced the appointment of Robert Gavura as New Jersey regional vice president for Union, Morris and Somerset counties.

Panel relates how old malls are becoming mini urban areas

For the first time in the post-Great Recession period, suburban growth in New Jersey surpassed that of the regional core. But after six years of a dramatic shift toward urbanization and New Jersey's downtowns, was 2017 just a blip or is suburban growth here to stay?

12M supportive-housing partnership aims for healthier communities

The New Jersey Housing and Mortgage Finance Agency board on Thursday unanimously approved a 12 million investment in a new partnership with the New Jersey Hospital Association to develop supportive housing as a means to create healthier communities.

Two from NJ to lead new Avison Young life sciences group

Commercial real estate services firm Avison Young has formed a life sciences specialty practice group to serve the specific real estate needs of the industry.

NJ Hall of Fame to take up residence at American Dream

The New Jersey Hall of Fame is planting roots after hitherto existing as a mobile museum.

Blazin' Bakery owner Sargente joins NJCBA advisory board

The New Jersey CannaBusiness Association added Blazin&#8217 Bakery owner Tara Sargente to its strategic advisory board, it said Wednesday.

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Panel 'Perception' key to success of cannabis business

Perception is one of the biggest hurdles cannabis businesses face when seeking approval from communities and municipalities, and was the view in vogue among the panel members at NJBIZ&#8217s Business of Cannabis event Tuesday at the Imperia in Somerset, moderated by New Jersey CannaBusiness Association President Scott Rudder.

Panel 'Perception' key to success of cannabis business

Perception is one of the biggest hurdles cannabis businesses face when seeking approval from communities and municipalities, and that view was in vogue among the panel members at NJBIZ&#8217s Business of Cannabis event Tuesday at the Imperia in Somerset, moderated by New Jersey CannaBusiness Association President Scott Rudder.

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Senate proposes buyback program for foreclosed homes

Towns and community development organizations would be able to turn foreclosed homes into affordable housing under a measure approved by the Senate Economic Growth Committee.

Prudential Center unveils lofty club concept

The Prudential Center unveiled renderings for The Lofts at the Infiniti Suite Level of the Newark event venue and home to the New Jersey Devils.

Marcus Millichap move mixed-use for 1.15M

Marcus Millichap announced the sale of 6507 Bergenline Ave. in West New York for 1. 15 million.

DSW moving into Parsippany's Waterview Marketplace

Discount shoe retailer DSW has signed a lease at Parsippany&#8217s Waterview Marketplace and is slated to open in early 2019.

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DSW moving into Parsippany's Waterview Marketplace

Discount shoe retailer DSW has signed a lease at Parsippany&#8217s Waterview Marketplace and is slated to open in early 2019.

Cushman clears construction financing for Hackensack multifamily

Work is set to begin on a new, 235-unit multifamily development in Hackensack, Cushman Wakefield said Monday, following its arrangement of approximately 52 million in construction financing.

West Essex Graphics expands in Fairfield

West Essex Graphics has expanded its Fairfield facility, the company said Monday.

Kimberly Brennan Rising to top in a male-dominated industry

When Kimberly Brennan was honored with NJBIZ&#8217s 40 Under 40 award in 2008, she was working as the New Jersey managing director for Cushman Wakefield and responsible for three offices. But even then she had her eye on the C-suite.

Bergen County mixed medical-retail spot signs three leases

Metro Eye Care, Sport and Spine and Bergen Oral Surgery have all signed leases for the Franklin Lakes Towne Square, Cushman Wakefield Healthcare Practice Group Senior Director Jeffrey Prezant announced Friday.

Henri Bendel closing stores, website in January

The iconic brown-and-white-striped bags are to be no more.

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Former Jets star Tomlinson puts Basking Ridge estate on market

The home former NFL running back and Hall of Famer LaDanian Tomlinson called his during his brief time with the New York Jets will be offered at auction on Sept. 28 in Basking Ridge&#8217s Pheasant Crossing community.

Curaleaf releases first strain-specific vape concentrate in NJ

Curaleaf New Jersey on Friday said it has released the first cannabis strain-specific vape concentrate available in New Jersey.

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Part owner of High Times brands joins NJCBA board

Cannabis industry veteran Nicholas Zitelli has joined the board of the New Jersey CannaBusiness Association, it was announced Friday.

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Lawmakers seek to boost state's failing malls, office parks

State legislators want to tweak one of New Jersey&#8217s oldest redevelopment laws to give a shot in the arm to vacant and underused malls and corporate office parks.

Work begins on Dayton distribution center

Construction began on a 203,488-square-foot distribution and warehouse facility in Dayton, said commercial real estate services firm JLL.

MM makes 8.5M Millburn sale

A fully occupied office building at 90 Millburn Ave. in Millburn has sold for 8. 5 million, Marcus Millichap New Jersey Office Regional Manager Brian Hosey announced Thursday.

Humanscale headed to Piscataway logistics center

Humanscale has signed on as a tenant for the anticipated 2. 1 million-square-foot Rockefeller Group Logistics Center currently in development in Piscataway, Rockefeller Group and venture partner PCCP LLC said Thursday.

HFF Medical office sale 'largest in NJ'

Holliday Fenoglio Fowler LP is touting &#8220the largest medical office sale in the state of New Jersey&#8221 a three-building, 538,107-square-foot property in Morristown.

Marcus Millichap makes Newark multifamily sale

Marcus Millichap on Wednesday announced the sale of a Newark apartment building for 1,137,500.

Montclair residential nets 17.25M

The Kislak Co. Inc. on Wednesday announced the sale of 70 residential units in Montclair for 17. 25 million.

Vantage RES secures Sewell location for Goodwill

Goodwill Industries of Southern New Jersey and Philadelphia has signed a long-term lease in Sewell, Vantage Real Estate Services announced Wednesday.

Former Mack-Cali CEO Rudin to head Savills Studley

Former Mack-Cali Realty Corp. CEO and Vice Chairman Mitchell Rudin is joining Savills Studley as president, Savills Chairman and CEO Mitchell Steir announced Wednesday.

Signature Acquisitions buys former iCims building for 19.75M

Signature Acquisitions has purchased 100 Matawan Road &#8211 the former home of iCims &#8211 for 19. 75 million, CBRE announced Wednesday.

Cushman closes 5 leases in Morristown

Cushman Wakefield has announced five leases for 44 Whippany Road, where the real estate firm serves as exclusive leasing agent.

Newmark nabs 30 leases for Livingston industrial

Newmark Associates has completed leases for 30 industrial units in Livingston, the Cedar Knolls real estate brokerage announced.

Groome relocating HQ to Fairfield

Groome Industrial Service Group and subsidiary Groome Door Mechanical Systems is moving its corporate headquarters to Fairfield, Charity Realty International LLC announced Tuesday.

Marcus Millichap snags 5.9M for Livingston retail spot

Marcus Millichap has sold a Livingston retail property for 5. 9 million, the commercial real estate firm&#8217s Regional Manager Brian Hosey said Tuesday.

Bussel secures industrial space for AEXGroup

Baltimore-based AEXGroup has signed a five-year, 35,000-square-foot industrial lease in Linden, Bussel Realty Corp. announced today.

Florida real estate firm to develop Hackensack multifamily

Boca Raton, Fla. -based real estate investment firm Waypoint Residential is embarking on its first residential redevelopment in the Garden State following the purchase of adjoining properties in Hackensack for 7. 45 million.

Levin leases to 100 percent in North Plainfield

CVS Plaza in North Plainfield has reached full occupancy with the signing of a lease for a United States Armed Forces Recruiting Office.

Lands' End opens first standalone NJ store

Outerwear retailer Lands&#8217 End opened its first standalone store in New Jersey on Monday in Bridgewater at Chimney Rock Crossing, a shopping center which opened this spring.

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Lord Taylor closing Monmouth Mall store

After nearly 30 years, the Lord Taylor store at the Monmouth Mall in Eatontown is slated to close in January.

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NAI James E. Hanson brokers Florham Park sale

Real estate brokerage NAI James E. Hanson has negotiated the sale of a 3,950-square-foot building in Florham Park, the company announced.

Lawmakers want to ease process for buying back foreclosed homes

Two Essex County lawmakers want New Jersey residents to have a better shot at buying back their homes from foreclosures or purchasing a foreclosed home, which they say will stave off outside investors looking to snap up these properties.

Bell Works picks Two Road for hotel ops

Two Road Hospitality has announced it will manage the 186-room rooftop hotel coming to Holmdel&#8217s Bell Works.

Hollister hires Schlesier to oversee estimating

Hollister Construction Services has added Bruce Schlesier as vice president of estimating, the construction management firm announced Thursday.

Blau Berg signs 22,000 square feet of leases

Commercial real estate brokerage The Blau Berg Co. has secured over 22,000 square feet of leases at the Short Hills Executive Center.

Sabre names Korinis NJ Principal

Sabre Real Estate Group LLC has promoted Justin Korinis to principal for the real estate company&#8217s New Jersey office in Hasbrouck Heights.

CustomSpace moves into North East at North Bergen

CustomSpace, a full-service warehousing, storage and office space provider specializing in space from 250 to 10,000 square feet, has leased 82,200 square feet of space at 7001 Anpesil Drive in North Bergen, Colliers International NJ LLC Inc. has announced.

Federal SALT cap could hurt New Jersey's credit, Moody's says

The Internal Revenue Service&#8217s proposed denial of a workaround for the 10,000 federal cap on state and local taxes is likely to spell bad news for New Jersey&#8217s credit rating, Moody&#8217s Rating Agency said Tuesday.

Sams closing doors after 119 years

After 119 years in business, Sams Fine Men&#8217s Clothing in Livingston is closing its doors for good at the end of October.

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Retail tenants join downtown Newark Courtyard by Marriot

Just Beclaws and the U. S. Army Recruiting Command have each signed on for five-year leases at the base of the Courtyard by Marriot, located at 858 Broad St. in Newark, JLL announced.

Seeing green TD named gold-level leader

Cherry Hill-headquartered TD Bank has announced it has been named a gold-level Green Lease Leader in the tenant category for 2018, making the first bank ever to achieve such status.

Taking sneak peek at the Asbury Ocean Club

New York-based real estate company iStar has released renderings for its upcoming 17-story Asbury Park development the Asbury Ocean Club, Surfside Resort and Residences.

Supermarket chains sanguine about online shopping

If you relish old school brick-and-mortar shopping habits rather than snagging your goods online, you&#8217re not alone &#8212 especially when it comes to grocery shopping.

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Wegmans offers set of eyes for visually impaired customers

Visually-impaired shoppers get an extra set of eyes at Wegmans supermarkets now through Aira, an app that uses wearable technology, artificial intelligence and live human assistance to deliver real-time visual descriptions to shoppers who are blind or have low vision.

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Cushman closes Piscataway industrial deal

Cushman Wakefield has announced the sale of 151 Old New Brunswick Road, in Piscataway.

Zimmel Associates closes 6.7M in industrial sales

Edison-based commercial real estate firm Zimmel Associates has announced the sale of two industrial properties totaling 6. 7 million.

Eviva signs on for Monroe industrial lease

Bussel Realty Corp. has leased almost 50,000 square feet in Monroe to bathroom furniture manufacturer and wholesaler Eviva, the industrial real estate services firm announced.

Bendheim leader honored for lifetime achievement

Robert Jayson, president of Wayne-based architectural glass company Bendheim, has been announced as the 2018 recipient of the American Glass Guild Nicholas Parrendo Lifetime Achievement Award.

Prism to proceed with Woodbridge transit community

Prism Capital Partners is ready to begin work for the adaptive reuse of the property at the corner of Rahway Avenue and Green Street in Woodbridge, the firm announced, following the completion and submission of a formal site plan.

FreezPak expands to Clifton

FreezPak Logistics has opened its fourth New Jersey location, in Clifton, the company announced.

Meadowlands mall 'coming to fruition' as developers eye spring 2019 completion

The sprawling American Dream entertainment and shopping plaza in the Meadowlands is on track for completion in the spring 2019, Gov. Phil Murphy said Tuesday.

USI coming to Florham Park

USI Insurance is relocating to Florham Park, real estate services firm Transwestern has announced following the company&#8217s signing of a 35,415-square-foot lease.

NJ Democrats continue pushback against IRS SALT caps

New Jersey&#8217s Democratic lawmakers have vowed a continued push against the Internal Revenue Service&#8217s efforts to block the state&#8217s workaround for the federal cap state and local taxes.

Website makes charity connections B-Cause it can

As a visually impaired person, Michael Benson can see clearly the benefit of getting help from others.

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Green Leaf Medical sets eyes on NJ

Maryland-based Green Leaf Medical LLC is eyeing New Jersey for expansion of its vertically integrated medical marijuana dispensaries.

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200 Cottontail Lane cushions leases by 20,000 square feet

Cushman Wakefield has announced the completion of two leases for 200 Cottontail Lane in Somerset.

Sears store in Hamilton Mall to close

Sears Holding Corp. will shutter 46 more Sears and Kmart stores nationwide, including a Sears in Atlantic County&#8217s Hamilton Mall.

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New Jersey's business 'icons' celebrated

The ballroom at The Palace at Somerset Park was packed with over 260 people Thursday morning for NJBIZ's Icon Honors event, celebrating the careers of men and women 60 and over who have made it their business to pioneer change and innovation in their workplaces and communities.

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New Jersey's business 'icons' celebrated

The ballroom at The Palace at Somerset Park was packed with over 260 people Thursday morning for NJBIZ's Icon Honors event, celebrating the careers of men and women 60 and over who have made it their business to pioneer change and innovation in their workplaces and communities.

Aldrich 9 Plaza in Howell fetches 6.42M

Commercial real estate agency Gebroe-Hammer Associates has announced the sale of Aldrich 9 Plaza, a 28,660-square-foot retail center in Howell.

Aldrich 9 Plaza in Howell fetches 6.42M

Commercial real estate agency Gebroe-Hammer Associates has announced the sale of Aldrich 9 Plaza, a 28,660-square-foot retail center in Howell.

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Townecraft acquired by NY holding company

Glen Rock-based wholesale consumer goods company Townecraft Inc. has been acquired by R2 Venture Solutions Inc. , according to the Benjamin Ross Group.

University Place takes shape as Jersey City's RIVET opens doors

Wednesday&#8217s ribbon-cutting at Jersey City&#8217s RIVET celebrated more than just the arrival of the development, it ushered in the beginning of a new era for the surrounding West End neighborhood and its transformation into University Place.

Cole Schotz advises on 17M Jersey City acquisition

400 Claremont Urban Renewal LLC has acquired a 2. 73-acre property in Jersey City, according to law firm Cole Schotz PC, which advised on the deal announced.

Chimney Rock Shopping Center adds two tenants

Lands&#8217 End and Club Pilates are joining the Chimney Rock Shopping Center in Bound Brook, CBRE announced Tuesday.

Chimney Rock Shopping Center adds two tenants

Lands&#8217 End and Club Pilates are joining the Chimney Rock Shopping Center in Bound Brook, CBRE announced Tuesday.

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No heading

Los Angeles-based storage and moving services startup Clutter is migrating its East Coast operations to South Brunswick, Cushman Wakefield has announced.

Teaneck hotels target #8220modern traveler#8221

Representatives from Alfred Sanzari Enterprises, White Lodging and MT Bank joined Township of Teaneck Mayor Mohammed Hameeduddin on Aug. 9 at the ribbon cutting for the new Hampton Inn Suites and Homewood Suites at Teaneck.

Revetment House coming to Jersey City's Hamilton Park next month

With its September completion approaching, real estate company LeFrak has unveiled Revetment House, a residential building in Jersey City&#8217s Hamilton Park.

Kislak sells Jamesburg multifamily for 5.2M

The Kislak Co. Inc. announced the 5. 2 million sale of Colletti Terrace Apartments, a 44-unit multifamily property located at 192 Docks Corner Road in Jamesburg, Monroe Township.

Triple Five, Vice bringing food hall concept to American Dream

Vice Media LLC&#8217s food and culture brand Munchies is coming to life for the first time as Munchies Food Hall in East Rutherford&#8217s coming megamall American Dream.

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Report Campbell hires Goldman to scout possible divestitures

Campbell Soup Co. has recruited Goldman Sachs to look into selling some of its businesses to pay off debt, according to a published report.

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Cushman facilitates sale of Meadowlands industrial site

Real estate services firm Cushman Wakefield said Friday it arranged the sale of 698 Route 46, an almost 617,000-square-foot industrial building located in the Meadowlands.

Somerset Plaza Shopping Center sells for 12.78M

Commercial real estate firm Marcus Millichap on Friday announced the sale of Somerset Plaza Shopping Center, a 67,530-square-foot retail shopping center located in Franklin Park, for 12,775,000.

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KRE, National secure 210M in financing for Journal Squared tower

Real estate investment and management company KRE Group and National Real Estate Advisors LLC said they have closed on 210 million in permanent financing for the first completed tower at Journal Squared, the mixed-use development complex in Jersey City&#8217s historic Journal Square neighborhood.

Somerset Plaza Shopping Center sells for 12.78M

Commercial real estate firm Marcus Millichap on Friday announced the sale of Somerset Plaza Shopping Center, a 67,530-square-foot retail shopping center located in Franklin Park, for 12,775,000.

Kushner cushions position in Long Branch

The Kislak Co. Inc. has announced the off-market sales of two Pier Village-adjacent properties to an affiliate of New York City real estate company Kushner Cos. , totaling 4. 5 million.

Crunch gym to open new Moorestown location

A new 26,000-square-foot Crunch gym will open Nov. 1 in Moorestownrsquos Eastgate Square shopping center, the company announced Thursday.

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Kirker plants roots in Paterson

Nail polish and treatment manufacturer Kirker Enterprises Inc. has purchased its previously rented land, office and manufacturing space in Paterson, which sits on 9. 4 acres.

HFF acquires financing for Burton buy

Holliday Fenoglio Fower LP has acquired financing on behalf of Burton Real Estate for warehouse and distribution center 103 Central in Mount Laurel.

E-retailer CarID.com expands portfolio of websites

Aftermarket auto parts e-retailer CarID. com introduced seven new websites Thursday to connect customers to a greater variety of recreation gear.

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Klear makes SVP at NAI Mertz

Commercial real estate firm NAI Mertz has announced the promotion of Jonathan Klear to senior vice president.

Hollister's head coach steps to the sidelines

Hollister Construction Services Head Coach Christopher Johnson is stepping back from day-to-day management at the firm he and Kiran Flanagan founded in 2004, the company said.

East Brunswick opens bidding for developers to overhaul highway corridor

Local officials from the township of East Brunswick are opening a bidding process for developers who would be tasked with overhauling over 30 acres of mostly vacant space running parallel to Route 18 in the latest in a yearslong effort to overhaul the blighted highway corridor.

Strategic Micro Systems signs lease for 111 Littleton

IT services firm Strategic Micro Systems has signed on for 6,905 square feet of space in Parsippany.

Coming Spring 2020 Pendry Natirar

Pendry Hotels will redevelop Peapack-Gladstone&#8217s Natirar to become Pendry Natirar and Pendry Residences Natirar for spring 2020.

Destination Maternity CFO steps down

David Stern, executive vice president and CFO of Destination Maternity Corp. , resigned from the Moorestown-based retailer on Friday, the company announced Tuesday.

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Team Resources makes Carlstadt, Clifton sales

Commercial and industrial real estate company Team Resources Inc. announced the sales of two properties totaling 174,000 square feet.

Cushman delivers Hampton spot for Calif. logistics company

Chino, Ca. -based Kal Freight Inc. has purchased a 30,000-square-foot warehouse in Hampton, marking its first expansion to the East Coast.

PTC Therapeutics extends lease in South Plainfield

Biopharmaceutical company PTC Therapeutics Inc. has extended the lease for its corporate headquarters and research and development facility in South Plainfield, National Realty Development Corp. announced.

Partnership secures 244 acres for preservation in Lebanon Township

A private-public partnership has acquired 244 acres in Lebanon Township to preserve the space from future development.

UNLMTD brokers Hoboken sale

Hoboken-based UNLMTD Real Estate Brokerage has announced the sale of a triple net portfolio, also in Hoboken.

MM completes 2.5M Montclair sale

Marcus Millichap has completed the sale of 70 Park Montclair for 2. 5 million.

Kislak multifamily sales snag 3.75M

Woodbridge-based The Kislak Co. Inc. has announced the sale of two multifamily properties in Orange for 3. 75 million 490 Tremont Ave. and 580 Forest St.

Newell Brands sells Goody Products

Hoboken-based consumer goods company Newell Brands signed a definitive agreement to sell its Goody Products brand to private equity investment firm ACON Investments.

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FilStop finds second location in Clifton

FilStop will open its second flagship store at Clifton Plaza in Clifton, commercial real estate services firm Levin Management Corp. said.

NJBIZ Lists Mortgage Bankers and Brokers

View the top ranked New Jersey Accounting Degree Programs in the August 13 issue of NJBIZ.

Base Coat signs on at Short Hills Town Center

Vantage Real Estate Services has secured a lease for Base Coat Nail Lounge at Short Hills Town Center in Cherry Hill, the firm has announced.

Somerville retail spot goes for 2.3M

Marcus Millichap Regional Manager Brian Hosey announced the sale of a retail property in Somerville for 2,320,000.

Pioneering Montclair mortgage company perseveres

Autumn Urling is determined to carry on her mother's legacy.

CANY gives its high-rise inspectors lots of rope

When Rob Lichtenberger is not in the office, he&#8217s busy scaling high-rises.

ALDI expands offerings, NJ footprint

Grocery chain Aldi announced a major product expansion in its stores across the U. S. , which includes more than 40 already in New Jersey and five more to come later this year.

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ISN inks industrial lease in Somerset

Auto tool and equipment company Integrated Supply Network has transitioned from subtenant at its Somerset location to occupancy of the entire 86,000-square-foot property, according to commercial real estate brokerage Cushman Wakefield.

Marcus Millichap completes 3.2M Flemington sale

Commercial real estate firm Marcus Millichap has completed the sale of a 33,000-square-foot Class B medical office building in Flemington for 3,285,000.

Dr. Praeger's inks Edison lease

Elmwood Park-based Dr. Praeger&#8217s Purely Sensible Foods has signed a long-term, industrial lease in Edison, CBRE said.

Colliers closes Piscataway sale

Colliers International Group Inc. has arranged the sale of a 138,629-square-foot asset in Piscataway to private investor Brandon Rolnick.

Stockton University trustees approve AC purchase

The Stockton University Board of Trustees approved Wednesday a purchase agreement with TJM Properties for Atlantic City&#8217s former Atlantic Club.

Newark finalizes 2 billion in local incentives for Amazon

The Newark City Council approved two ordinances Wednesday that authorize the offering of 2 billion in economic incentives to Amazon aimed at bringing the e-commerce giant&#8217s second North American headquarters to the city.

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Kingsway continues relationship with WCRE

Wolf Commercial Real Estate has been retained as exclusive agent by Kingsway Learning Center for the sale and marketing of two properties.

Gebroe-Hammer touts banner first half

Livingston investment brokerage Gebroe-Hammer Associates has reported over 775 million in sales &#8211 that&#8217s 5,645 units &#8211 for the first two quarters of 2018, President Ken Uranowitz announced.

DMR banking on redesigns

DMR Architects has completed plans for the renovation of SB One Bank at The Avenue Collection complex in Weehawkin, the Hasbrouck Heights-based firm announced.

Realogy adds Checkers' Silva to board

Realogy Holdings Corp. has appointed Enrique &#8220Rick&#8221 Silva, president and CEO of Checkers Drive-In Restaurants Inc. , to its board of directors to serve on the audit committee.

Turtle Hughes opens distribution center in Piscataway

Linden-based electrical and industrial distribution company Turtle Hughes has opened a 45,760-square-foot regional distribution center at 266 Old New Brunswick Road in Piscataway to support daily delivery to New York City.

Cushman tagged to lease North Bergen industrial

Cushman Wakefield has been named the leasing agent for the 130,000-square-foot Bergen Logistics Building in North Bergen.

Atlantic Real Estate Services to broker North Jersey industrial

Bridgewater-based Atlantic Real Estate Services has announced it will serve as exclusive broker to Goodman North America in marketing its 100,031-square-foot industrial property in East Rutherford.

Sitex acquires Moonachie warehouse

Sitex Group, a real estate and development company specializing in industrial properties, has added 131 W. Commercial Ave. to its portfolio.

Capital Realty arranges 130M Hudson County transaction

Capital Realty Associates has arranged the 130 million sale of 66 multifamily buildings in Bayonne and Union City.

Hanson nabs first NJ CityLife location for Ampersand Health

NAI James E. Hanson said it represented Nashville, Tennessee-based Ampersand Health in procuring a location for its first clinic in New Jersey.

Six weeks later, still not in the bag

Monday marked 45 days since the state Legislature sent Gov. Phil Murphy a bill that would impose a 5-cent fee on plastic bags, but he has yet to take any action or comment on the bill.

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Kearny industrial property sold

Commercial real estate brokerage The Blau Berg Co. has announced the sale of an industrial warehouse distribution facility in Kearny.

Amendment would ease restrictions on tax deductions for seniors, disabled

A GOP lawmaker is eyeing a proposal to ease requirements on who has access to the seniors-and-disabled property tax deductions.

Marchetto Higgins Stieve promotes Buldo to partner

Jersey City-based Marchetto Higgins Stieve Architects has promoted Michael Buldo to partner at the firm.

P3 purchases Somerset Financial Center

In a deal brokered by Cushman Wakefield, P3 Properties has purchased Somerset Financial Center in Bedminster from Related Cos.

LMC to manage Oak Tree Center in Edison

North Plainfield-based commercial real estate services firm Levin Management Corp. will now manage Oak Tree Center in Edison.

Brookstone files for bankruptcy, closing mall stores

Brookstone Co. , the product developer and retailer of wellness, entertainment and travel products, said Thursday it is seeking a buyer and hopes to facilitate a sale by filing for Chapter 11 bankruptcy and closing its remaining 101 mall stores.

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Mock upped to exec vp at Vitamin Shoppe

After serving as a consultant to The Vitamin Shoppe Inc. since January, David Mock has been elevated to executive vice president, chief merchandising and marketing officer.

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NJ HMFA, NJHA team up for affordable housing pilot

The New Jersey Housing and Mortgage Finance Agency and New Jersey Hospital Association have struck a partnership to bolster hospitals&#8217 investment for supportive housing in local communities.

Siracusa named president of residential brokerage at Weichert

Carlo Siracusa has been named president of residential brokerage for Weichert, Realtors.

Kislak brokers Quail Creek Shopping Center sale

The Kislak Co. Inc. said it brokered the sale of the Quail Creek Shopping Center in Howell for 4. 43 million in an off-market deal.

This was Subaru of America's best July ever

Last month, the Camden-based company sold 59,426 vehicles and reported a 6. 7 percent year-over-year increase from July 2017 to July 2018.

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ADP employment report 219K jobs added in July

American employers added 219,000 jobs in July, Roseland-based payroll processing company ADP said in a report issued Wednesday.

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ADP employment report 219K jobs added in July

American employers added 219,000 jobs in July, Roseland-based payroll processing company ADP said in a report issued Wednesday.

Stockton completes sale of Seaview Hotel Golf Club

Stockton University has completed the sale of Stockton Seaview Hotel Golf Club to KDG Capital of Florida for 21,070,000.

Joint venture acquires Allendale portfolio

In a joint venture, Camber Real Estate Partners and Advance Realty have acquired a seven-building portfolio in Allendale with plans for select capital improvements.

CBRE arranges industrial lease for Gordon Logistics

Supply-chain solutions company Gordon Logistics has signed a long-term industrial lease at 180 Raritan Center Parkway in Edison.

Simon joins B6 as partner, NJ executive managing director

David Simon has joined Manhattan-based B6 Real Estate Advisors, launched earlier this summer, as executive managing director of New Jersey operations and partner of the firm.

Advance Realty completes first phase of renovations at Hoboken residential

Advance Realty said it has competed the first phase of renovations at The Bexley, a 128-unit residential building in Hoboken.

Komen North Jersey bound for Parsippany

Susan G. Komen North Jersey has announced it will move its offices to Parsippany this September

Colliers hires 2, including market leader for NJ

Global commercial real estate services firm Colliers International Group Inc. has hired veteran New York commercial real estate executive David Amsterdam as president of investments and leasing in the Eastern Region of the U. S. and Dennis Waggner as executive managing director and market leader of the New Jersey region.

NJBIZ Lists Commercial Real Estate Brokerages Developers

We're featuring two lists in thenbspJuly 30 issue of NJBIZ New Jersey Commercial Real Estate Brokerages amp Developers.

State loses big bucks as tens of thousands draw unreported pay

It's a problem for the state that a task force will probe Of 120,000 Garden State construction workers, an estimated 35,000 are misclassified as independent contractors or working off the books.

More portable sanitation flush real estate biz

Portable sanitation companies can be considered harbingers of a healthy real estate and construction industry.

Bouncing back Office market stages notable rebound

After getting bruised and battered for a few quarters, the office market has rocketed back of late.

Site remediation pros cleaning up from higher prices, low inventory

New Jersey&#8217s history as an industrial center has left a legacy of liabilities for real estate owners and developers, with property buyers and sellers often encountering serious environmental concerns when trying to develop a site.

Prism Capital gains approval in Morristown

With approvals now in place, Prism Capital Partners is gearing up to launch the expansion and modernization of 21 South St. in downtown Morristown.

Cleanup proposed for Gibbstown superfund site

The U. S. Environmental Protection Agency on Friday proposed a cleanup plan for the Hercules Inc. superfund site in Gibbstown.

Life-sciences tech firm opens Whippany facility

New York-based ComboCap, a life-sciences technology company owned by Binutra Holdings, has signed a lease for a 50,000-square-foot manufacturing facility in Whippany.

Peck Brothers joins Elmwood Park Plaza tenant roster

Roofing company Peck Brothers has signed a 5,000-square-foot lease at Elmwood Park Plaza in Elmwood Park.

NJBIZ names 40 Under 40 Awards winners for 2018

The NJBIZ 40 Under 40 awards honor young professionals, as you may have guessed, under the age of 40 making moves in the Garden State. Some names you may know, others you may be seeing for the first time &#8211 but we're betting it won't be the last.

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NJBIZ names 40 Under 40 Awards winners for 2018

The NJBIZ 40 Under 40 awards honor young professionals, as you may have guessed, under the age of 40 making moves in the Garden State. Some names you may know, others you may be seeing for the first time &#8211 but we're betting it won't be the last.

Gebroe-Hammer arranges sale of Plainfield multifamily portfolio

Gebroe-Hammer Associates has arranged the sale of a four-building multifamily portfolio in Plainfield.

HFF, Transwestern complete 5M sale of Morristown office property

HFF and Transwestern have wrapped the 5 million sale of a 20,000-gross-square-foot office building in downtown Morristown.

Study NJ top state for air quality, among worst for affordable housing

New Jersey ranks well in some social determinants and other health care factors but lags in other categories, according to the Health Opportunity and Equity Initiative.

PSS makes trio of women firm principals

PSS, a Warren-based architecture, engineering and environmental consulting firm, has named Kris McCool, Jarka Vonder and Marge DellaVecchia as principals and vice presidents.

HFF completes sale of Hoboken apartment property

Holliday Fenoglio Fowler announced the 17. 65 million sale of Columbus Park Apartments, a six-story, 37-unit apartment property in Hoboken.

Macromedia waits for museum to vacate Hackensack River site

Macromedia Inc. filed eviction papers in Bergen County Superior Court last month to get the museum's trailers and storage containers off of the its riverside property.

Newark breaks ground on housing project

Newark Mayor Ras Baraka joined New Jersey Housing and Mortgage Finance Agency Executive Director Charles Richman and Regan Development Corp. representatives at a groundbreaking ceremony for the 23. 1 million Carrino Plaza Apartments project Wednesday.

Vitamin Shoppe taps Godiva exec as CEO

Retailing vet Sharon Leite has been named CEO of Secaucus-based nutritional retailer The Vitamin Shoppe, effective Aug. 27.

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Marcus Millichap completes mixed-use sales in Bayonne

Marcus Millichap has wrapped the sale of two mixed-use buildings on Broadway Street in Bayonne.

WCRE completes Marlton lease

WCRE recently represented RXSense tech firm in the leasing of 15,362 square feet of office space owned and managed by Accordia LLC.

PREIT, 1776 to create incubator in Cherry Hill Mall

PREIT has announced a new partnership with 1776 at Cherry Hill Mall, with a planned retail incubator to occupy more than 11,000 square feet of space.

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PREIT, 1776 to create incubator in Cherry Hill Mall

PREIT has announced a new partnership with 1776 at Cherry Hill Mall, with a planned retail incubator to occupy more than 11,000 square feet of space.

Teva Pharmaceuticals inks Parsippany lease

Teva Pharmaceuticals USA Inc. has inked a long-term lease for 345,000 square feet at P3 Properties at MCBLUE in Parsippany.

Punching above their weight Small businesses, big wins

Like a judo pro who uses an opponent's mass against them, some small business owners say their relative small size often can give them an advantage against larger competitors.

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Kooi appointed VP-GM integrated interiors at dancker

Somerville-based interior solutions firm dancker has named Nathan Kooi vice president and general manager of integrated interior solutions, following the company&#8217s expansion into the Baltimore-Washington market with the acquisition of U. S. Business Interiors.

Stores in Montclair, Hoboken among first in UK-concept's tristate rollout

Cushman Wakefield has inked two New Jersey retail leases for maternity and children&#8217s clothing boutique JoJo Maman Bb.

Macromedia waits for museum to vacate Hackensack River site

The U. S. S. Ling, a 312-foot submarine docked at the edge of the Hackensack River for almost five decades, is at the center of an ongoing dispute.

Cushman Wakefield negotiates sale of Arbor Glen

Cushman Wakefield, along with RBC Capital Markets, has negotiated the sale on undisclosed terms of Arbor Glen, a 274-unit, 25- acre senior living community in Bridgewater.

Real estate projects plug into electric car trend

Frank Romeo Jr. is getting a charge out of electric cars these days.

Sayres named associate principal at GZA

Environmental and geotechnical consulting firm GZA Environmental has promoted licensed site remediation professional Mindy Sayres to associate principal at the company&#8217s Fairfield-based North Jersey office.

7-Eleven inks lease at Newark mixed-use undergoing redevelopment

A 7-Eleven recently inked a long-term lease at Newark&#8217s William Flats mixed-use property, which is currently undergoing an adaptive-reuse by Paramount Assets.

Louis Berger adds three to board as chairman retires

Morristown-based global professional services corporation Louis Berger named as board members Thomas Lewis, president of the company&#8217s U. S. division James Bach, president of its international division and Nick Ivanoff, executive vice president of the company&#8217s U. S. transportation segment.

Cushman Wakefield brokers Newark parking garage trade

Cushman Wakefield has completed the 7. 25 million sale of a downtown Newark structured parking facility.

West Side's story illustrates Asbury Park's tale of two sides

West Side of Asbury Park and remembers a time when it was the lifeblood of the famed city by the sea.

Coldwell Banker opens new office in Madison

The Madison office of Coldwell Banker Residential Brokerage has relocated to a new space located at 49 Main St.

Progress Capital arranges refinancing for Newark multifamily

Progress Capital Partner Brad Domenico has arranged a million non-recourse permanent mortgage of more than 4. 8 million for a client to refinance their multifamily property in Newark&#8217s Weequahic neighborhood.

Gebroe-Hammer completes sale of Atlantic Highlands multifamily

Gebroe-Hammer Associates has finalized the 56 million sale of Thousand Oaks Village, a 304-unit apartment complex in Atlantic Highlands.

Toys R Us reaches settlement with group of creditors

Toys R Us has reached a settlement with some of its creditors, including vendors, according to court documents filed in bankruptcy court for the Eastern District of Virginia.

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Lofts at Lincoln Park officially opens in Newark

Newark Mayor Ras Baraka joined Mid Atlantic Alliance LLC executives Thursday to cut the ribbon on the Lofts at Lincoln Park in the city&#8217s East Ward.

HFF completes 9.1M financing for Swedesboro industrial

Holliday Fenoglio Fowler announced the 9. 1 million financing for a 254,250-square-foot, Class B industrial building on 25. 38 acres in Swedesboro.

Increases in NJ prime logistics rents accelerate

New Jersey saw prime logistics rents &#8211 the highest achievable lease rates for top-quality warehouse and distribution center space &#8211 increase by 9. 5 percent, according to a new report from CBRE.

Roseland launches leasing for RiverHouse in Weehawken

Roseland Residential Trust, a subsidiary of Mack-Cali Realty Corp. , has launched the leasing of RiverHouse 11 at Port Imperial in Weehawken.

Walters Homes office under construction in Ship Bottom

Walters Homes home builders will be consolidating four of its divisions with the construction of an office building in Ship Bottom.

Quantum Real Estate announces rebranding

Quantum Real Estate Group has changed its name to Forte Real Estate Development.

Marcus Millichap completes sale of Union City multifamily

Marcus Millichap has completed sale of a recently constructed, 12-unit elevator apartment building in Union City for more than 3 million.

Mainfreight to lease Kearny industrial

Global logistics provider Mainfreight has signed a long-term, 110,147-square-foot industrial lease at RTC Properties&#8217 50 Cable Drive in Kearny.

Kislak sells Teaneck multifamily

Kislak Co. Inc. has completed the sale of Alma Terrace, a 25-unit multifamily property in Teaneck, for almost 3. 7 million.

NAI Hanson completes Elmwood Park office lease

NAI James E. Hanson has brokered a lease for 4,970 square feet of office space for Peck Brothers LLC at 475 Market St. , a four-story, 68, 532-square-foot property in Elmwood Park.

McCarter English creates pro bono fellowship to aid Newark residents

Newark law firm McCarter English plans to create a pro bono fellowship to help Newark tenants facing eviction.

Colliers' Di Meglio accepted into Forbes Real Estate Council

Vinny Di Meglio, a senior managing director with the Princeton office of global real estate company Colliers International, has been accepted into the Forbes Real Estate Council, an invitation-only community for executives in the real estate industry.

Progress Capital helps secure Millburn medical acquisition

Progress Capital&#8217s Brad Domenico has negotiated a 6. 8 million permanent mortgage for a client to purchase a medical office property in Millburn in a recent 8. 5 million transaction.

Tenants set for Market Street in downtown Camden

Several new small businesses soon will open on downtown Camden&#8217s Market Street.

NAI Hanson negotiates Carlstadt industrial lease

NAI James E. Hanson has negotiated a lease for a 40,000-square-foot industrial building with e-commerce company NIS CP Corp. in the Meadowlands industrial submarket of Carlstadt.

Report Large transactions drive office market rebound

The New Jersey commercial real estate market rebounded in the second quarter after a lackluster period in the preceding first three months.

Newark building restored with refinancing

A Newark mixed-use building severely damaged in a 2017 fire just got a new lease on life.

Property owners give new life to outmoded suburban offices

In 2014, Christopher Jerjian took what he calls a &#8220plain vanilla suburban office park&#8221 and turned it into a success story.

Kislak named sales agent for Newark multifamily portfolio

The Kislak Co. Inc. has been named the sales agent for an 81-unit multifamily portfolio in Newark.

Data breach affects online customers of Macy's, Bloomingdale's

Some customers of macys. com and bloomingdales. com have been subject to a data breach, according to the retailers&#8217 parent company.

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Gebroe-Hammer completes Central Jersey multifamily sales

Gebroe-Hammer Associates recently completed the sale of 118 units in Perth Amboy, Bradley Beach, Eatontown and Neptune at prices totaling more than 20. 3 million.

Hudson County sets housing assistance for vets, low-income residents

The Hudson County Economic Development Corp. and New Jersey Community Capital has a new down payment assistance program for Hudson County veterans and low-income homebuyers.

NAIOP NJ event spotlights policy, environmental issues

Industry insiders discussed policy and environmental issues at Thursday&#8217s NAIOP NJ&#8217s Building a Better New Jersey event.

Progress Capital arranges financing for Passaic multifamily

Progress Capital Managing Partner Kathy Anderson recently secured 4. 3 million for a client to finance the land acquisition and subsequent construction of a four-story multifamily building on adjacent lots in Passaic.

Jersey City mixed-use launches construction

LMC, a home development and management company, announced Thursday the launch of construction of The Lively, a mixed-use project in the Powerhouse Arts District of Jersey City.

Unicom Global buys former Merck property

The former Merck Co. campus finally has a buyer.

Colony Industrial acquires North Jersey portfolio

Dallas-based Colony Industrial has acquired a North Jersey Last Mile Logistics portfolio, consisting of 10 light industrial buildings totaling 639,681 square feet.

Bussel leases South Plainfield industrial

Bussel Realty Corp. has completed the lease of 55,000 square feet of industrial space in South Plainfield to special events constructiontent rental company Main Attractions.

Old Dutch International inks lease in Hasbrouck Heights

Housewares wholesaler Old Dutch International has leased 3,300 square feet of office space at Heights Plaza in Hasbrouck Heights.

KRE Group launches Bridgewater office renovations

The Kushner Real Estate Group is renovating an office property in Bridgewater and reconfiguring its seating areas in a three-story atrium lobby.

Kislak sells Lindenwold multifamily

Kislak Co. wrapped up the sale for almost 27. 4 million of Stonington Court Apartments, a 456-unit apartment complex in Lindenwold.

Goodwill to move to Audubon retail center

A Goodwill retail store has leased a 15,000-square-foot space at Audubon Crossings shopping center in Audubon.

TD Bank's Princeton branch given LEED certification

TD Bank&#8217s branch in Princeton has been given a Leadership in Energy and Environmental Design designation by the U. S. Green Building Council, marking TD Bank&#8217s 200th branch in the U. S. to receive the status.

Dancker acquires US Business Interiors

Somerville-based interior solutions firm Dancker has acquired the assets of U. S. Business Interiors, a Steelcase furniture dealer headquartered in Capitol Heights, Md.

Hampshire Cos. breaks ground on medical offices project

The Hampshire Cos. broke ground Tuesday on a three-story, 45,735-square-foot medical office building on a site near the border of Glen Ridge and Montclair.

Comcast to open Xfinity store in Woodbridge

Comcast has leased 4,000 square feet and will open an Xfinity retail store at St. Georges Crossing in Woodbridge.

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Comcast to open Xfinity store in Woodbridge

Comcast has leased 4,000 square feet and will open an Xfinity retail store at St. Georges Crossing in Woodbridge.

Ralph Lauren to move NJ operations to Nutley

Ralph Lauren is moving its Lyndhurst operations to ON3 in Nutley.

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Ralph Lauren to move NJ operations to Nutley

Ralph Lauren is moving its Lyndhurst operations to ON3 in Nutley.

HFF sells Red Bank mixed-use property

HFF announced Tuesday the sale of a 27,033-square-foot mixed-use property in Red Bank to Saxum Real Estate.

JLL completes leases for Beijing Ideal at One Newark Center

JLL has completed transactions totaling 67,612 square feet at One Newark Center in Newark for building owner Beijing Ideal Group.

Multifamily construction underway in Lakewood

East Windsor-based TFE Properties is developing Hampshire Crossing, a two-building apartment complex situated on 3 acres in Lakewood.

Camp Salute housing opens in Clayton

A low-income apartment complex in Clayton welcomed its first tenants after more than seven years in the making.

Cox named senior VP of Weichert Commercial

Onetime chief financial officer Jack Cox has been named senior vice president of Weichert Commercial Brokerage.