Friday, March 30, 2018
River Drive Cos. inks Fair Lawn lease
Newly formed River Drive Cos. has leased 3,770 square feet of space at 23-00 Route 208 in Fair Lawn.
RJ Warehouse leases at Piscataway's Rutgers Industrial Center
New York-based RJ Warehouse is expanding its operations with leased space at Rutgers Industrial Center in Pistcataway.
Thursday, March 29, 2018
Timothy Oulton inks deal in Paramus
British specialty interiors and home goods purveyor Timothy Oulton is coming to Paramus.
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Timothy Oulton inks deal in Paramus
British specialty interiors and home goods purveyor Timothy Oulton is coming to Paramus.
Wednesday, March 28, 2018
Region Carpenters Union to open Edison training facility
The Northeast Regional Council of Carpenters will cut the ribbon on a training facility in Edison on Thursday.
BroadAcres Office Park nears 90 percent occupancy
Prism Capital Partners, exclusive leasing and managing agent for BroadAcres Office Park, is nearing 90 percent occupancy at the Bloomfield campus.
Tuesday, March 27, 2018
E-commerce warehouses set for Military Ocean Terminal parcel
A 90-acre site in Bayonne, part of the former Military Ocean Terminal tract, will be developed into 1. 6 million square feet of industrial-warehouse space.
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E-commerce warehouses set for Military Ocean Terminal parcel
A 90-acre site in Bayonne, part of the former Military Ocean Terminal tract, will be developed into 1. 6 million square feet of industrial-warehouse space.
JJ in talks to build incubator in new innovation hub
Johnson Johnson is negotiating to become the first tenant in a planned new innovation hub recently introduced by Gov. Phil Murphy.
NAI James E. Hanson taps Hecker as VP in Hackensack
Commercial real estate veteran Dick Hecker has joined NAI James E. Hanson’s Hackensack office as vice president.
Industrial property sale looks to reposition pastoral Hunterdon County
55 K Realty has purchased the former headquarters and manufacturing plant of Monteblanc Pens at 55 North St. in Bloomsbury, Hunterdon County.
CBRE arranges Wyckoff retail property sale
CBRE’s Tri-State Investment Properties team negotiated the 1. 75 million sale of 375-381 Franklin Ave. , a multi-tenanted retail property in downtown Wyckoff.
Wakefield promotes Tarnopol to director of business development and real estate
Wakefern Food Corp. has named Dan Tarnopol, previously corporate counsel for the supermarket cooperative, as its director of business development and real estate.
Monday, March 26, 2018
Joint venture to rebrand Morris Corporate I, II as one
Joint-venture partners Vision Real Estate Partners and Rubenstein Partners have acquired Phases I and II of the former Morris Corporate Center IV Parsippany, with plans to rebrand the sections as one.
The 2018 NJBIZ Power 100
Our top pick this year doesn’t reside in New Jersey, but he and his company have a substantial impact on the state — and it may just be the beginning.
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The 2018 NJBIZ Power 100
Our top pick this year doesn’t reside in New Jersey, but he and his company have a substantial impact on the state — and it may just be the beginning.
Friday, March 23, 2018
Mack-Cali EVP joins JLL
Christoper DeLorenzo is joining JLL in its Parsippany office as an executive vice president for New Jersey brokerage operations.
Jersey City property sold for future development
A Jersey City property has been sold with plans for redevelopment.
Thursday, March 22, 2018
EXCLUSIVE JJ in talks to build incubator in new innovation hub
Johnson Johnson is negotiating to become the first tenant in a planned new innovation hub recently disclosed by Gov. Phil Murphy.
EXCLUSIVE JJ in talks to build incubator in new innovation hub
Johnson Johnson is negotiating to become the first tenant in a planned new innovation hub recently disclosed by Gov. Phil Murphy.
Gov. Murphy submits recommendations of Opportunity Zones to U.S. Treasury
New Jersey Gov. Phil Murphy submitted recommendations of the Opportunity Zones on Thursday to the United States Department of the Treasury.
Wednesday, March 21, 2018
EXCLUSIVE Murphy soon to tip hand on Opportunity Zones, sources say
Gov. Phil Murphy is expected to make an announcement concerning the federal Opportunity Zone program, perhaps as soon as tomorrow, NJBIZ has learned.
Tuesday, March 20, 2018
NJ's Monahan honored as CBRE's 2017 top Americas industrial producer
In a New Jersey first, Thomas Monahan, executive vice president, has been named CBRE’s top industrial professional in the Americas for 2017.
Monday, March 19, 2018
Murphy pledges 4million-sq.-ft. innovation center in New Brunswick
Gov. Phil Murphy unveiled plans to construct a new, state-of-the-art incubator hub in downtown New Brunswick that will serve as a research and innovation facility.
The Montclarion at Bay Street Station completes leasing
The Montclarion at Bay Street Station in Montclair has completed leasing for its 40 rental homes.
Newark's Stock is Rising Execs on Newark's economy, Amazon chances
Real estate, business professionals and government leaders were roundly upbeat in discussing Newark’s economy during a confab staged by the Newark Regional Business Partnership Monday at the Best Western Robert Treat Hotel.
Friday, March 16, 2018
CBRE Arranges 4M sale in Montclair
CBRE’s Tri-State Investment Properties team has arranged a 4 million sale on behalf of JP Morgan Chase Bank in Montclair.
Developers acquire Linden land
The partnership of Advance Realty and Greek Development are hoping to lure e-commerce and distribution tenants in search of Class A warehouse space to Linden with the acquisition of a 350-acre tract of land.
Pavilion Apartments sold for 70.5M
Regionally-based investor The Pavilion Towers LLC has spent 70. 5 million to buy the Pavilion Apartments, one of Newark and New Jersey's, largest multifamily properties.
Thursday, March 15, 2018
Kislak sells East Orange portfolio
The Kislak Co. Inc. has sold four multifamily properties totaling 200 residential units in East Orange for 19,350,000.
Cushman Wakefield closes Meadowlands' industrial deal
Cushman Wakefield, acting on behalf of Bergen Logistics, has closed a new lease for a fully automated distribution center at 299 Thomas E. Dunn Memorial Highway, in Rutherford.
Amazon to lay off 36 Jersey City employees, transfer 41
Amazon will lay off 36 Jersey City employees and transfer 41 others to its offices in Newark and New York City, effective May 31.
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Wednesday, March 14, 2018
Tuesday, March 13, 2018
Monday, March 12, 2018
Sunday, March 11, 2018
Developers eager to engage federal Opportunity Zone program
It’s not yet clear how or when the federal Opportunity Zone program will be handled by the team of Gov. Phil Murphy, but developers and lawyers are eager to begin working towards creating such a zone.
Friday, March 9, 2018
Kislak sells 132 units in East Orange
Brokerage firm The Kislak Company, announced the sale of Harrison Gardens and Elm Gardens in East Orange.
NAI Hanson sells office building in Whippany
Joseph Vindigni, Arthur Hixson, Barry Mayer and Andrew Kirshenbaum of brokerage firm NAI James E Hanson completed the sale of an office building located at 760 Route 10 West in Whippany.
Thursday, March 8, 2018
Judge upholds affordable housing rules affecting West Windsor, Princeton
Mercer County Judge Mary Jacobson has issued a ruling that upholds a previous judicial finding that West Windsor and Princeton must meet certain fair housing obligations.
Marron Gildea joins Special Properties
Christie’s International Real Estate affiliate Special Properties announced it has acquired Marron Gildea Realtors.
Sitex Group sells industrial property in Avenel
Brokerage firm Cushman amp Wakefield announced Sitex Group has sold two industrial properties at 191 Blair Road and 215 Blair Road, Avenel for 65 million.
Cranford multifamily sale sets new benchmark in Union, GHA says
Brokerage firm Gebroe-Hammer Associates completed the sale of 10 townhome-style units in Cranford.
Wednesday, March 7, 2018
Luxury apartment complex to be built in Bayonne
A 97-unit luxury apartment complex will be built in Bayonne at the former Military Ocean Terminal property.
Tuesday, March 6, 2018
KPMG opens tech center in Montvale
Audit, tax and advisory firm KPMG held ceremonies to mark the opening of its 86,000-square-foot technology center in Montvale.
HFF arranges financing for spec industrial project in Newark
Commercial real estate firm Holliday Fenoglio Fowler announced it has arranged 16. 2 million in financing for the development of a 290,063-square-foot industrial building in Newark.
NAIOP announces Deal of the Year finalists
The New Jersey chapter of the National Association of Industrial and Office Properties has named its Deal of the Year finalists. The award finalists are divided into office, industrial and mixed-used deals.
Monday, March 5, 2018
Woodmont Industrial expands to Atlanta
Developer Woodmont Industrial Partners has completed the purchase of a 519,045-square-foot property in Atlanta.
CoolVines wine shop to open at Modera Lofts
Rutherford-based brokerage firm RKF has arranged a lease for 5,000 square feet for wine shop CoolVines at Mill Creek Residential’s Modera Lofts in Jersey City.
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CoolVines wine shop to open at Modera Lofts
Rutherford-based brokerage firm RKF has arranged a lease for 5,000 square feet for wine shop CoolVines at Mill Creek Residential’s Modera Lofts in Jersey City.
CW to market Newark Timber office building
The Cushman Wakefield team of John Picco, Peter Van Duyne, Sean Brady, Christian Politan, Alex Lachmund and Bruce Mosler is set to market Lotus Equities’ Riverfront Square project, the brokerage firm announced.
Bayonne closes deal to bring Costco to city
A Costco warehouse store is scheduled to open in Bayonne at the former Military Ocean Terminal later this year.
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Newark's Vibe building offers sense of place in growing community
For Strategic Development Partners' chairman and CEO Anthony Bastardi, his firm's Vibe building, located at the corner of William and Halsey streets, will capitalize on the success of RBH's Teachers Village while targeting a different demographic.
Thursday, March 1, 2018
Developers eager to engage federal Opportunity Zone program
It’s not yet clear how or when the federal Opportunity Zone program will be handled by the team of Gov. Phil Murphy, but developers and lawyers are eager to begin working towards creating such a zone.
NAI Hanson completes transactions in Carlstadt, Mountainside
Brokerage firm NAI James E Hanson has completed the sale of a 20,000-square-foot office building in Mountainside and a lease for Amazing Vitamins in Carlstadt.
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