Jersey City's Vantage now 50 percent leased

Fisher Development Associates says its latest downtown Jersey City project, Vantage, has reached 50 percent leased.

Onyx announce improvement plan, leases at Woodbridge center

Developer Onyx Equities plans a capital improvement program for its 285,000-square-foot retail center, Woodbridge Crossing.

Sitar Realty announces recent transactions

Iselin-based brokerage firm Sitar Realty Company recently announced it was involved in seven sales in central New Jersey and the shore.

Morgan Properties SVP named NJ Apartment Association board president

Stephen Waters has been inducted as the New Jersey Apartment Association&#8217s board president, the organization announced today. Waters was inducted at the NJAA&#8217s annual meeting on January 24 and will serve through mid-January 2020.

Vision Real Estate Partners names director of leasing, property management

Developer Vision Real Estate Partners has appointed Chirstine Eberle and Charles Gatje as directors of leasing and property management respectively.

Time Equities, Bergman Group seek to attract suburban tenants with 'hip, unique' amenities

The trend toward urbanized centers continues to draw headlines, leading suburban landlords to conclude the live-work-play model is the way of the future.

Planned Companies names COO, chief revenue officer

Commercial real estate firm Planned Companies has appointed Dino Luliano, previously executive vice president for planned security and lifestyle services, as chief revenue officer and Astrit Gorana, previously executive vice president of planned building services, as chief operating officer.

Hartz Mountain opens first phase of The Harper at Harmon Meadow

Secaucus Mayor Michael Gonnelli was joined by local officials and developer Hartz Mountain Industries at the ribbon cutting for the first phase of The Harper at Harmon Meadow community last week.

NJ's Avison Young office completes deal in Florham Park, Ontario

Commercial real estate firm Avison Young recently announced it arranged a lease for 25,000 square feet for marketing firm W2O in Florham Park. The firm&#8217s senior VP Justin Dziama and principal and managing director Jeff Heller represented the marketing firm in the transaction.

CBRE completes office, industrial deals in Newark

Brokerage firm CBRE represented Newark Public Schools in its central office relocation to 765 Broad St. Newark Public Schools&#8217 new office is a 97,000-square-foot location and is set to house 350 employees.

Mack-Cali names CFO, EVP of leasing

Developer Mack-Cali Realty Corp. has appointed industry veterans David Smetana and Nicholas Hilton as chief financial officer and executive vice president-leasing, respectively.

Shupperz spree

Tal Rubinstein describes her company's global personal shopping app, called Shupperz, as the perfect combination of brick-and-mortar retail and e-commerce.

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CRE outlook beware of 'Black Swans', says CBRE head of research at NAIOP NJ event

Spencer Levy, the head of research for CBRE in the Americas, is fairly hopeful about the coming year for commercial real estate. At the annual commercial real estate outlook meeting of the New Jersey chapter of NAIOP held on January 22, Levy addressed the state of the U. S. economy as a whole as well as the role real estate and taxes may have in. . .

Special Properties appoints Bandazian vp of regional business development

Darlene Bandazian has been named vice president of regional business development at Special Properties Real Estate Services, the brokerage firm announced Tuesday.

NAI Global names Meyer corporate services council chair

Real estate brokerage network NAI Global named Fred Meyer, executive VP and director of corporate services for Mount Laurel-based NAI Mertz, its 2018 corporate services council chair.

Developers address repurposing, rising sea levels at NJTPA forum

While developers Lefrak and Hugo Neu are no strangers to repurposing, being able to address rising sea levels seems to be a growing concern.

From Journal Square to South Korea over 40 years

After decades developing in Jersey City, Panepinto Properties has made community-driven development abroad a priority.

E-commerce drives shifts in warehousing model

When Chatham-based Sudler Cos. decided to build two warehouses in Cranbury on spec, the developer had e-commerce companies in mind as a possible tenant, according to Jeff Hale, its vice president, leasing.

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Center of the action

One of Gov. Chris Christie's last acts in office was a Jan. 11 sign-off on legislation that offers up to 5 billion of incentives to Amazon, if the online retail giant chooses Newark for its second headquarters. To further sweeten the pot, the city itself is offering another 2 billion of incentives.

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Retailers take 'omnichannel' approach

Wal-Mart Stores, Inc. announced Jan. 11 it was closing 63 Sam&#8217s Club stores around the country &#8212 reportedly including its Budd Lake, Linden and Princeton locations &#8212 and converting up to 12 of the impacted facilities to e-commerce fulfillment centers, according to a company statement.

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E-commerce drives shifts in warehousing model

When Chatham-based Sudler Cos. decided to build two warehouses in Cranbury on spec, the developer had e-commerce companies in mind as a possible tenant, according to Jeff Hale, its vice president, leasing.

Center of the action

One of Gov. Chris Christie's last acts in office was a Jan. 11 sign-off on legislation that offers up to 5 billion of incentives to Amazon, if the online retail giant chooses Newark for its second headquarters. To further sweeten the pot, the city itself is offering another 2 billion of incentives.

CRG near completion of renovations to Parsippany office building

Real estate firm Commercial Realty Group said it is on track to completing major renovations at 111 Littleton Road in Parsippany. The property, a three-story office building totaling 36,289 square feet, was redesigned by Mario Ionelli and Steve Borhio of Borhio Dewberry.

GZA acquires NJ environmental service firm

Melick-Tully and Associates P. C. , a New Jersey-based geotechnical, environmental and geologic services company, has been acquired by GZA GeoEnvironmental, the firm announced today. GZA, an environmental firm based out of Norwood, Mass. , said the acquisition will help it strengthen its operations in the mid-Atlantic region.

Financial data firm appoints Martin Tuchman to its board

Martin Tuchman, CEO of investment management firm the Tuchman Group, has been appointed to the board of directors for CircleBlack, an online financial data aggregation firm for financial advisors based in Kingston.

First Bank expands operations in Hamilton

Hamilton-based First Bank NJ has leased 11,000-square-feet adjacent to its current headquarters at an office complex at 1395 Yardville Hamilton Square.

Vision Real Estate Partners, Rubenstein Partners purchase Morris Corporate Center IV

Brokerage firm NKF recently announced it represented Ivy Realty in the sale of the Morris Corporate Center IV in Parsippany. The team also procured a buyer, Rubenstein Partners and Vision Real Estate Partners.

Two hotels to open in Teaneck Spring 2018

A Hampton Inn Suites and a Homewood Suites by Hilton is set to open in Teaneck in the spring of this year. The two hotels will provide 350 rooms and 1,230 square feet of meeting space, and are being developed by Alfred Sanzari Enterprises.

Marcus Millichap completes sales in West Orange, Hamilton

Fahri Ozturk and Kim Kretowicz of brokerage firm Marcus Millichap marketed and represented the seller of a 60,000-square-foot office building in West Orange, the firm announced this week. The property located at 414 Eagle Rock Ave. was 92 percent occupied at the time the transaction closed and traded for 8. 825 million according to regional. . .

Marlton developer and mayor continue commercial and residential development

When developer Mitchell Davis helps cut the ribbon on his newly developed apartment complex, Jackiersquos Crossing, on Jan. 20 in the heart of Marltonmdashwhich is also known as Evesham Townshipmdashit will represent his ongoing commitment and successful relationship with the township.

Rockefeller Group names incoming president and chief executive officer

New York City-based Rockefeller Group announced today that Daniel J. Moore has been appointed president and chief executive officer, effective April 1, 2018. Moore is currently executive vice president and head of the company&#8217s Urban Development business across the United States.

The Vitamin Shoppe inks lease in Secaucus

The Vitamin Shoppe has inked a long-term commitment at 400 Plaza Drive, Secaucus, brokerage firm Cushman Wakefield announced today. The retailer will relocate its back-office operations from North Bergen to the Harmon Meadow property and take 28,000 square feet.

EY opens office, learning hub in Hoboken

Ernst Young announced the official opening of its 170,000-square-foot office in Hoboken on Tuesday. The new location will be home to over 1,000 employees and will support learning and high performance capabilities.

JLL to lease three floors at 540 Broad St.

Developer LM Development Partners, Prudential Financial and Goldman Sachs Urban Investment Group has selected brokerage firm Jones Lang LaSalle to market 63,492 square feet at 540 Broad St. in Newark, NJBIZ has learned. The property fronts Military Park and is steps from the Rutgers Newark Business School and Audible.

Sheldon Gross completes leases in East Orange, Edison

Brokerage firm Sheldon Gross Realty recently announced it negotiated two leases on behalf of Bivona Co. and for Heart of Worship Church in Edison and East Orange, respectively.

Grassland Foods leases space in Orange

Brokerage firm Blau Berg announced it has brokered the lease of 50 S. Center St. in Orange to New York-based dried fruit wholesaler Grassland Food. Michael Schipper, senior associate at The Blau Berg Co. represented the tenant in the transaction.

CBRE names team lead of NJ research

Brokerage firm CBRE recently announced it has named Steven Gardner team lead of its New Jersey Research department. Gardner brings over 20 years of experience in both research and brokerage to the role, and will now focus on enhancing the firm&#8217s thought leadership in the state.

Kimmerle Group names two new principals

Harding and New York City-based Kimmerle Group recently announced the promotion of William Kimmerle and X &#8220Cindy&#8221 Cui from senior associate and project manager to principals. The two promotions, Kimmerle said, come after William and Cui showed extensive leadership and experience across a broad range of topics.

StoneGate hard at work at Passaic riverside development

While Steven Gelbutch of development company StoneGate is no stranger to developing in often overlooked areas, his latest project in South Market Street, Passaic, is attempting to not only redefine the neighborhood, but the city's riverside.

Jingoli, Morris receive MLK Service Award

The joint-venture partners of the Hard Rock Hotel Casino in Atlantic City were awarded the MLK Service Award on Sunday for their work in revitalizing A. C. . Reverend DeForest Soaries of the First Baptist Church of Lincoln Gardens awarded Joe Jingoli, CEO of Jingoli Sons, and Jack Morris, CEO of Edgewood Properties to the developers on Sunday.

Zucconi Property Group purchases property in Hainesport

Brokerage firm Wolf Commercial Real Estate recently announced it has closed on the sale of 1345 Route 38, Hainesport. WCRE&#8217s VP and principal Chris Henderson and senior associate Ryan Barikian represented the seller, Castle Clan LLC, and the buyer in the transaction.

Corporate America Realty Advisors breaks ground in Old Bridge

A 46-acre site in Old Bridge that will be home to a 315,000-square-foot distribution center was recently sold to Kennedy International Inc. , Corporate America Realty Advisors announced on Friday.

Cushman Wakefield arranges JV equity for Woodmont Properties development in Bayonne

Brokerage Cushman Wakefield recently announced it served as the exclusive advisor to Banker Residential in arranging a joint-venture with Woodmont Properties to develop in Bayonne. Woodmont acquired a majority stake in the venture, currently under construction at 190 West 54th Street, Bayonne.

Rockefeller to build Best Buy warehouse in Piscataway

The Rockefeller Logistics Center in Piscataway, a 2. 2 million-square-foot distribution center by Rockefeller Group, is set to house a 725,000-square-foot distribution center, Rockefeller announced Friday. Best Buy is now the first official tenant at the Rockefeller Logistics Center and expects to open its new facility before the 201 holiday season.

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Pfister approved for 254,000 sq. ft. industrial building in Ridgefield

An 18. 73-acre site just off Route 46 was approved for a 254,000-sqaure-foot industrial building earlier this week. Procida Funding is set to provide financing for the project at the site, which is owned by Pfister.

Aberdeen Township opens Hidden Village residential development

Aberdeen Mayor Fred Tagliarini was joined by council members and members of the Aberdeen Economic Business Council at the official opening of HVA Development and Heartstone Development&#8217s Hidden Village residential development on Thursday.

Rockefeller to build Best Buy warehouse in Piscataway

The Rockefeller Logistics Center in Piscataway, a 2. 2 million-square-foot distribution center by Rockefeller Group, is set to house a 725,000-square-foot distribution center, Rockefeller announced Friday. Best Buy is now the first official tenant at the Rockefeller Logistics Center and expects to open its new facility before the 201 holiday season.

Delaware Freeport inks lease for Clifton warehouse

Brokerage firm NAI James E. Hanson recently announced it brokered a lease for 22,220 square feet of industrial space for warehousing and distribution firm Delaware Freeport in Clifton.

New Jersey Insurance Underwriting Association leases space in Newark

The Berger Organization recently announced it has inked a lease for 7,500 square feet with the New Jersey Insurance Underwriting Association at 570 Broad St. , Newark.

Paladino, Monge offer insights into P3 at forum

Public-Private-Partnerships took center stage at the Yard College Avenue in New Brunswick at ICSC&#8217s P3 Forum on Wednesday. Monge Capital Group&#8217s founder Jeffrey Monge and the president of the New Brunswick Development Corporation Chris Paladino spoke on their previous successes, the challenges and what the near future may hold within. . .

161K sq. ft. of leases closed in 2017 at Morris Corporate Center, CW says

Brokerage Cushman Wakefield recently announced it closed several leases at the Morris Corporate Center 1 and 2 in Parsippany.

Equity Residential sells apartment complex in Cherry Hill

Friedkin Realty Group has purchased the 170-unit apartment complex, The Highlands at Cherry Hill Apartments, from Equity Residential, brokerage HFF announced Wednesday.

Berkadia arranges refinancing for New Milford apartment complex

Berkadia announced Wednesday it has arranged a 40 million loan for the refinancing of an apartment complex in New Milford.

On to the next one While North, Central NJ industrial closes year out at record levels, brokers warn of supply for 2018

For CBRE executive vice president Tom Monahan, the diminishing supply of new product and its distribution will be the key to 2018&#8217s industrial market. After the 16 consecutive record-setting quarters, Monahan expects continued growth in rents, but foresees extreme constrains in the size of the product delivered this year.

WCRE names principal

Marlton-based brokerage Wolf Commercial Real Estate recently announced it has promoted Chris Henderson to principal and shareholder of the firm.

Demand for office remains elusive, JLL says

While small-sized deals were the bulk of the 2017 office market activity, JLL reported a 45 percent decline in activity year-over-year. And while 7. 1 million square feet of office space were leased for the year, only 500,000 square feet of Class A space were absorbed in 2017.

AC OCEAN WALK completes purchase of Revel in AC

AC OCEAN WALK, principally owned by Denver-based Integrated Properties announced Monday it has purchased the former Revel Casino Hotel from Florida developer Glenn Straub for 200 million.

Insights on ... commercial real estate

While the outlook for the 2018 commercial real estate market remains mostly positive, experts agree there are many factors that need to play out before the picture sharpens.

Tulfra sells North Jersey industrial portfolio

Brokerage firm Newmark Knight Frank NFK recently announced it represented Tulfra Real Estate in the sale of a four-building, North Jersey industrial portfolio totaling 254,000 square feet.

GS Wilcox secures loan for Lowes development site in Yorktown

GS Wilcox Co. , a debt and equity financing firm based in Morristown, announced it has secured 25. 2 million in financing for the site development of a future Lowe&#8217s in Yorktown, New York.

Mack-Cali sells office building in Woodcliff Lake

Brokerage firm HFF said it represented Mack-Cali in the sale of a 240,000-square-foot office building in Woodcliff Lake.

Industrial property trades in Warren

Cushman Wakefield said it recently brokered the sale of a two-building, 122,000-square-foot industrial property in Warren.

Kislak brokers sale of multifamily property in Wood-Ridge

A 22-unit multifamily property in Wood-Ridge was recently sold by High Hill LLC to KHQ Properties, brokerage firm The Kislak Company Inc. recently announced.

Shopping center in Secaucus trades for 43 million

Brokerage firm CBRE announced it has arranged the sale of an 117,542-square-foot shopping center located at 400 Mill Creek Drive in Secaucus.

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Shopping center in Secaucus trades for 43 million

Brokerage firm CBRE announced it has arranged the sale of an 117,542-square-foot shopping center located at 400 Mill Creek Drive in Secaucus.

Putting their best feet forward 5 NJ cities make case for why they should land HQ2

For Michele Brown of Choose New Jersey, the Garden State has the two best traits Amazon needs for its second headquarters location and education.

TFE to redevelop East Brunswick Kmart site

Developer TFE Properties recently finalized the purchase of a 150,000-square-foot former Kmart in on Route 18 in East Brunswick. The developer said it has plans for new, updated retail space along Route 18 and other uses in the back of the site.

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TFE to redevelop East Brunswick Kmart site

Developer TFE Properties recently finalized the purchase of a 150,000-square-foot former Kmart in on Route 18 in East Brunswick. The developer said it has plans for new, updated retail space along Route 18 and other uses in the back of the site.

Woodmont Industrial sells warehouse in Moonachie

Denver-based investment firm EverWest Real Estate Partners has purchased a 104,000-square-foot industrial facility located at 77 Moonachie Ave. , Moonachie, Woodmont Industrial Partners recently announced.

Walters Homes expands into architectural services

Homebuilder Walters Homes recently announced it has selected Arnold Boyle to lead the firm&#8217s expansion into architectural services.