Bar Method newest Bell Works tenant

Boutique fitness studio Bar Method is to become the latest retail tenant at Somerset Developmentrsquos Bell Works, the 2-million-square-foot metroburb in Holmdel.

Vango breaks ground on Rutherford multifamily

Vango Development broke ground this week on 106 Park Ave. , a rental building in Rutherford.

CBRE completes Secaucus leases

The CBRE team of William Waxman, Mindy Lissner, Kevin Dudley and David Gheriani has arranged five leases in Secaucus totaling 105,000 square feet.

Kushner group sues Jersey City, Fulop alleges anti-Trump bias

A lawsuit filed by a Kushner Cos. partnership against the city of Jersey City, the Jersey City Redevelopment Agency and Jersey City Mayor Steven Fulop claims political animus as delaying the One Journal Square development.

Comcast opened first 'interactive' NJ store

Comcast opened an &#8220interactive&#8221 store in Jersey City on Thursday.

from NJBIZ - Retail https://ift.tt/2KyItv6
via IFTTT

Smashing debut for Atlantic City Hard Rock

Hard Rock Hotel Casino Atlantic City opened its doors Thursday with a guitar smash that would have made Pete Townshend proud.

Gebroe-Hammer completes sale of Highland Park multifamily

Gebroe-Hammer Associates has finalized the 30 million sale of Donaldson Park Apartments in Highland Park.

Vantage completes Marlton office lease

Vantage Real Estate Services has wrapped up a long-term lease with Xact IT Solutions LLC at the Atriums at Greentree in Marlton.

Bussel wraps Linden industrial lease

Bussel Realty Corp. has completed the leasing of 23,567 square feet of industrial space in Linden.

AC resort casinos slated for Thursday openings

Hotel owners are taking another gamble on Atlantic City with the imminent opening of two high-profile resort casinos on the city&#8217s iconic boardwalk.

Hampshire Cos. sells Fairfield industrial

The Hampshire Cos. has completed the sale of a 71,048-square-foot industrial building in Fairfield.

Marcus Millichap completes sale of West New York commercial

Marcus Millichap has completed the sale of GameStop, a net-leased property located in West New York, for more than 2 million.

Saxum acquires Madison medical

Saxum Real Estate has acquired the Madison Professional Center in Madison in partnership with two physician groups.

Denholtz promotes Jordan

Denholtz Associates recently announced the promotion of Christina Jordan to director of leasing.

All Toys 'R' Us stores to close by Friday

All Toys &#8220R&#8221 Us stores will close by Friday.

from NJBIZ - Retail https://ift.tt/2yJ90Ee
via IFTTT

Dudzinski finalizes 400,000 SF of industrial leases

Brian Dudzinski of Bridgewater-based Atlantic Real Estate Services recently finalized three industrial lease transactions totaling more than 400,000 square feet.

Coldwell Banker predicts big things for 'predictive' tool

How can a broker or real estate agent know a homeowner is going to sell before the homeowner does?

Tg Glazer named branch VP of Bernardsville Coldwell Banker

Westfield resident Tg Glazer has been named the new branch vice president and managing broker of Coldwell Banker&#8217s Bernardsville office, where he will lead approximately 50 affiliated real estate agents representing the Somerset County area.

Colliers inks leases at Florham Park Corporate Center

Colliers International NJ LLC Inc. has announced nearly 19,000 square feet of leases and a lease expansion at the two-building, 230,000-square-foot Florham Park Corporate Center.

WCRE wraps Westmont lease

Wolf Commercial Real Estate represented FMP Haddon LLC in leasinga 27,000 square feet of offices in Westmont to Viner Finance Inc.

Kislak handles sale of Ironbound Medical Center

The Kislak Co. Inc. completed the sale of the Ironbound Medical Center, a 37,500-square-foot medical office building located in the Ironbound section of Newark, for more than 4. 2 million.

Marcus Millichap completes 3.1M sale in Howell

Marcus Millichap recently announced the 3. 1 million sale of Texas Roadhouse, a newly constructed, 7,100-square-foot net-leased property in Howell.

Grow NJ helps attract, retain businesses

Kevin Collins calls the Grow New Jersey program a no-brainer.

Law firms renew leases at Hackensack's Court Plaza

The law firms of Brian Neary and Lawrence Diener have renewed leases for 4,500 square feet at Court Plaza in Hackensack.

Cushman Wakefield completes sale of Fairfield Business Center

Cushman amp Wakefield has arranged the 30 million sale of Fairfield Business Center, a 16. 8-acre, seven-building industrialflex complex totaling 336,220 square feet in Fairfield.

Cipla pharma to establish US HQ in Warren

Mumbai, India-based Cipla Inc. pharmaceuticals will establish a U. S. headquarters at Independence Place in Warren.

Denholtz leases Piscataway industrial space to nonprofit

Denholtz Associates has announced the leasing of 3,958 square feet of industrial flex space in Piscataway to Popcorn for People.

Jersey City's Vantage to get new tenant

Fisher Development Associates, developer of Jersey&#8217s City Vantage project, announced Thursday that Brewshot Caf has leased 815 square feet of ground floor retail space.

Leak joins housing authority in Orange

Brad Leak, a onetime housing exec in Atlantic City, has joined the Housing Authority of the City of Orange as assistant executive director.

HFF completes Browns Mills retail sale

Holliday Fenoglio Fowler has completed the sale of a 7,000-square-foot retail building situated on 1. 72 acres in Browns Mills on undisclosed terms.

Cushman Wakefield completes South Brunswick sale-leaseback

Cushman Wakefield has arranged the sale-leaseback of a 318,389-square-foot warehousedistribution facility in South Brunswick to Saadia Group LLC.

Colliers tapped to sell Robbinsville retail

Colliers International Group Inc. has been hired to sell The Shoppes at Foxmoor in Robbinsville.

Report Homeownership costs driving rental demand

The growing costs of homeownership is fueling rental demand, according to a recent Marcus Millichap North Jersey Multifamily Research Market Report.

Twin Rivers tops list of affordable towns

A SmartAsset study ranks the most affordable places to live in New Jersey, with Twin Rivers at the top.

Sterling launches leasing for Cherry Hill multifamily

Livingston-based developer Sterling Properties and partner Bob Dale recently launched the leasing for Evan&#8217s Mill apartments in Cherry Hill.

Lawmakers advance plastic, paper bag fee

Lawmakers are pushing ahead with a bill to impose a fee on &#8220single-use bags,&#8221 &#8211 plastic and paper bags &#8211 at 5 cents a bag.

from NJBIZ - Retail https://ift.tt/2tmsloV
via IFTTT

Real estate gala raises 340K for March of Dimes

More than 200 real estate professionals attended the March of Dimes North Central New Jersey event at the Ridgewood Country Club in Paramus recently, raising more than 340,000 for the charity.

CBRE completes Keasbey industrial sale

CBRE announced the sale of a 133,032-square-foot industrial facility in Keasbey for more than 18. 6 million.

National Realty leases retail spaces

National Realty Development Corp. has leased 51,400 square feet at four of its New Jersey shopping centers to Dollar Tree, Old Navy, Ulta and Habitat for Humanity ReStores.

Denholtz completes leases at Bernardsville office property

Denholtz Associates has leased out six office spaces totaling 16,814 square feet at the firm&#8217s newly renovated Class A office building in Bernardsville.

American Water readying corporate HQ on Camden's waterfront

Camden native Omar Ware calls the development of American Water&#8217s new corporate headquarters a dream come true.

ACG diversity forum 'Courageous conversations'

A panel of professionals identified diversity and inclusion problems Tuesday with an eye toward preventing legal risk in the workplace.

from NJBIZ - Retail https://ift.tt/2K1xixT
via IFTTT

Stro acquires Lodi retail property

The Stro Cos. has acquired a 26,500-square-foot retail building in Lodi.

Princeton multifamily completes rooftop solar system

AvalonBay multifamily real estate investment trust announced Monday that Avalon Princeton in Princeton is the first community in its New Jersey portfolio to complete a rooftop photovoltaic installation and to achieve LEED for Homes Gold certification.

More LGBT couples planting roots in 'burbs

Monmouth County Realtor Steven Porzio remembers a time when gay and lesbian couples were not necessarily pining for the American Dream &#8212 marriage, kids and the house with the white picket fence.

Gay Realtors welcome advocates for LGBTs

Meeting the needs and concerns of LGBT homebuyers can be challenging.

Tech platform lets building 'talk' to managers

Real estate tech company Energy Technology Savings CEO Jeff Hendler likens his company to a spaceship crew on another planet.

Report Americans borrowing billions for home improvements

A recent Finder. com report reveals Americans borrowed an estimated 16. 16 billion in the past year for home improvements through friends and family, credit cards, payday loans, peer-to-peer lending and personal loans.

Clarus Maplewood named best mixed-use

Clarus Maplewood has been named the best mixed-use community of 2018 by the Metropolitan Builders Contractors Association of New Jersey, one of four awards earned by the rental project.

Gebroe-Hammer arranges sales of Union County multifamily properties

Gebroe-Hammer Associates has arranged 22. 7 million in transactions involving four apartment properties in Elizabeth and Plainfield.

East Orange passes limited rent control

The city of East Orange has approved a rent control ordinance that states landlords can&#8217t increase the rent of senior citizens and disabled persons more than 2 percent a year.

Report Homes sold quickly in May

Homes sold faster in May than at virtually any other time in the past decade, despite an uptick in median sales price.

Somerset Savings Bank awards grant to advocacy group

Central Jersey Housing Resource Center has received a 27,000 grant from Somerset Savings Bank to help support low and moderate income households find housing.

Cushman Wakefield tapped as leasing agent for Logan industrial

F. Greek Development and partner Advance Realty have named Cushman amp Wakefield leasing agent for the newly rebranded Logan North Industrial Park in Logan Township.

Canada Goose migrates to Short Hills for 4th US location

Cold-weather luxury clothing retailer Canada Goose of Toronto said it will open its fourth U. S. store this fall at The Mall at Short Hills, ahead of the 2018 holiday season.

from NJBIZ - Retail https://ift.tt/2lbT1VB
via IFTTT

Mack-Cali Vice-Chairman Rudin resigns

Mack-Cali Realty Corp. , a Jersey City-based real estate investment trust, said Friday its vice chairman is leaving.

Team Resources completes Ledgewood industrial lease

Commercial real estate group Team Resources Inc. recently completed the lease of 284,000 square feet of industrial space in Ledgwood to Farren International.

Montclair mixed-use gets LEED Silver

The Montclarion at Bay Street Station mixed-use building in downtown Montclair has been awarded LEED Silver certification from the U. S. Green Building Council for green homebuilding and design.

Cushman Wakefield arranges sale of Rochelle Park property

Cushman Wakefield has arranged the sale of 395 West Passaic St. , a four-story boutique office building totaling 107,969 square feet on 3. 1 acres in Rochelle Park.

Kislak sells Monmouth investment properties

The Kislak Co. announced Thursday the sale of four investment properties in Asbury Park and Long Branch for almost 12. 6 million.

Meridian Capital arranges 19M to refi Hackensack multifamily

Meridian Capital Group has arranged 19 million in financing to refinance the Summit Gardens multifamily property in Hackensack. The apartment property includes 14 two-story buildings.

CBRE completes 5.97M saleleaseback in Secaucus

CBRE&#8217s Tri-State Investment Properties team of first vice presidents Elli Klapper and Charles Berger announced Thursday the completion of the 5. 97 million saleleaseback of 425 Meadowlands Parkway in Secaucus.

Duke Realty fills last vacancy in in-service portfolio

Duke Realty Corp. &#8217s New Jersey office has leased ePort 960, a 220,200-square-foot warehouse in Perth Amboy, to Metropolitan Warehouse Delivery, bringing Duke&#8217s New Jersey in-service portfolio to 100 percent occupancy

Denholtz completes multiple leases in Bridgewater

Denholtz Associates has signed leases and amendments with seven companies for 34,545 square feet of flex industrial space at the Bridgewater Business Park in Bridgewater.

HFF secures 28.5M refinancing for Mount Olive warehouse

Holliday Fenoglio Fowler announced Thursday the 28. 5 million refinancing for 350 Clark Drive, a three-building Class A industrial warehouse facility totaling 443,030 square feet in Mount Olive.

Denholtz inks lease with Thal MoldBuilding in Clark

Denholtz Associates announced Wednesday a new lease with Thal MoldBuilding LLC for 10,051 square feet of commercial space at their Clark Commercial Center in Clark to bring the portfolio to full occupancy.

Former Bristol-Myers HQ up for lease

Colliers International Group and Trawler Capital Management will head the leasing of the former headquarters of pharmaceutical giant Bristol-Myers Squibb in Princeton.

Report NJ sixth most expensive rental market

A National Low Income Housing Coalition and Community Development Network of New Jersey report finds New Jersey is the sixth most expensive state for home rental.

S. Hekemian Group opens Roger Fyfe Pavilion in Montvale

The Roger Fyfe Pavilion was officially opened on Tuesday by owner and developer S. Hekemian Group at the 231,000-square-foot Shoppes at DePiero Farm in Montvale.

Report Landlords offer higher concessions in NH

A Cushman Wakefield report shows New Jersey ranked high among U. S. markets experiencing increased concessions in 2017.

NAI Hanson negotiates sale of Paterson multifamily

NAI James E. Hanson announced Tuesday the sale of Silk City Lofts, a 48-unit condominium and retail building in Paterson, along with an adjacent development site approved for 195 rental units and ground-level retail.

Camden Tower celebrates topping-off

Tuesday marked the topping-off of Camden Tower, new headquarters for New Jersey companies Conner Strong amp Buckelew, NFI and The Michaels Organization.

Fannie Mae updates set for condo market

NJ Lenders announced Wednesday that Fannie Mae has made several positive updates to their condo, co-op and planned unit development policies.

Orange facility acquired by church

A 10,000-square-foot facility in Orange has been purchased by the Church of Pentecost in a transaction managed by Sheldon Gross Realty Vice President Eric Weston.

Denholtz negotiates Matawan office leases

Denholtz Associates announced Tuesday the leasing of 28,039 square feet of office space at its Metropark South office building in Matawan.

JLL secures retail leases in New Brunswick

JLL has completed three retail leases totaling 5,936 square feet at 37 Easton Ave. in New Brunswick for property owner Saxum Real Estate.

Dharma Home Suites opens Airbnb building in Hoboken

Jersey City-based Dharma Home Suites, provider of short-term accommodations to travelers, has opened its first Airbnb-friendly building in Hoboken.

Sitar Realty sells Wall multifamily for 2.2M

Iselin-based Sitar Realty Co. announced on Monday the 2. 2 million sale of a 27-unit apartment building in Wall Township.

Nu Image Body Sculpting opens at Paramus Place

Nu Image Body Sculpting opened its doors in a 1,550-square-foot space at Paramus Place in Paramus, bringing the 261,300-square-foot shopping center to 100 percent occupancy.

Divine Development Mixed-use project with hotel to anchor dormant Ocean Grove plot

The plot of land at the north end of Ocean Grove's boardwalk has sat empty and abandoned for four decades, an eyesore at the edge of what's known as &#8220God's Square Mile. &#8221

Businesses pitch Walmart for product distribution

A group of New Jersey entrepreneurs are headed to Bentonville, Ark. , to their products for possible distribution in Walmart stores.

from NJBIZ - Retail https://ift.tt/2LDa3av
via IFTTT

Trenton development receives two honors

Roebling Lofts, a 138-unit loft community in Trenton, recently received New Jersey Future&#8217s Smart Growth Award and an award from the state Historic Preservation Office.

Yeglinski joins Bussel Realty

Edison-based Bussel Realty Corp. industrial real estate firm announced Monday that Kenneth Yeglinski II has joined the company&#8217s brokerage division as a sales associate.

Brookdale Park Welcome Center gets renovation

Essex County opened the newly renovated Welcome Center in Brookdale Park on Friday.

Walters Group brings senior apartments to Seaside Heights

A revitalization effort is underway in Seaside Heights, where work crews are busy framing Cornerstone at Seaside Heights, an age-and income-restricted apartment community.

Paramount Assets completes adaptive reuse in Paterson

Paramount Assets completed the adaptive reuse of the historic Silk City building in downtown Paterson into a mixed-use building.

Kislak wraps 5.3M sale of Roselle multifamily

The Kislak Co. completed the 5. 3 million sale of a 35-unit apartment building in Roselle.

JLL tapped as leasing agent for Newark's One Gateway

JLL has been selected as leasing agent for One Gateway Center in Newark.

Marquis Health completes 2.5M renovation of rehab center

Marquis Health Services has completed the 2. 5 million renovation of Coral Harbor Rehabilitation and Healthcare Center in Neptune.

Coldwell Banker reopens Summit office

Coldwell Banker Residential Brokerage firm recently cut the ribbon at its newly renovated Summit office.

Bussel Realty brokers sale of Piscataway industrial

Industrial real estate firm Bussel Realty Corp. arranged the 9. 8 million purchase of a 127,000-square-foot industrial building on 14 acres in Piscataway.

Biggest U.S. timber office building puts Newark in spotlight

Riverfront Square, which will be the largest timber office building in the U. S. , is a planned 500,000-square-foot, 11-story building being developed by the Lotus Equity Group.

NAI Hanson negotiates sale of Englewood retail building

NAI James E. Hanson has arranged the sale of a 3,321-square-foot retail building in Englewood.

Report Central Jersey can support more warehouse development

Projected rents in some markets justify added development of warehouses and distribution centers.

Launch Pad opens in Newark's Hahne building

Launch Pad, a co-working space at the restored Hahne Co. building in Newark, marked its official opening.

Poll Most see housing costs as problem

A Rutgers-Eagleton Poll, in collaboration with the Housing and Community Development Network of New Jersey, found that New Jerseyans want the Affordable Housing Trust Fund to be used solely for building affordable homes.

Atlantic Real Estate arranges Piscataway lease

Atlantic Real Estate Services Vice President Brian Dudzinski has helped negotiate a Piscataway warehouse lease between Hall&#8217s Warehouse Corp. and Adler Development.

JLL arranges Bridgewater campus refinancing

JLL Capital Markets has completed a refinancing of the 310,000-square-foot Somerset Corporate Center IV in Bridgewater.

Former Orange hat factory transformed into mixed-use

Housing and Neighborhood Development Services recently celebrated a revitalization milestone in the city of Orange with the completion of Hat City Lofts, the adaptive reuse of the long-vacant Berg Hat Factory complex into a mixed use property.

South Amboy rental community opens

Woodmont Properties has opened Woodmont Cove, a luxury rental community in South Amboy.

Crow Holdings Industrial opens Montclair office

Crow Holdings Industrial, the industrial development division of Dallas&#8208based Crow Holdings, has opened an office Montclair.

Keystone Property Group recognized by BOMA-NJ

Keystone Property Group has been recognized by the Building Owners and Managers Association for its 30 Knightsbridge office property in Piscataway.

Ports America appoints CFO

New Jersey-headquartered Ports America, the largest marine terminal operator and stevedore in North America, has named company veteran Richard Surett as chief financial officer.

Baraka Revitalization shouldn't price residents out of neighborhoods

Recently re-elected mayor Ras Baraka says he's concerned about the implications of gentrification in Newark.

NAI Hanson promotes Russell Verducci to VP

Commercial real estate firm NAI James E. Hanson has promoted Russell Verducci to Vice President.

Gebroe-Hammer arranges 327.9M sale of multifamily portfolio

Gebroe-Hammer Associates Senior Vice President Nicholas Nicolaou has completed the 327. 9M sale of a 118-building, 2,137-unit Hudson County multifamily portfolio on behalf of an undisclosed private investor.

Wall retail center sells for 41.5M

Holliday Fenoglio Fowler LP has completed the 41. 5 million sale of Wall Towne Center, a 99,070-square-foot, fully leased retail center in Wall Township.

Payne School of Technology dedicated in Newark

Newark&#8217s Essex County Donald M. Payne Sr. School of Technology was dedicated Monday, with the new 320,000-square-foot facility named after the late Congressman Donald M. Payne Sr.

Mack-Cali wraps Woodbridge office lease

Mack-Cali Realty Corp. has fully leased the 581 Main St. office complex in Woodbridge with the addition of Plymouth Rock, which recently signed a 12-year, 130,000-square-foot lease.

Lincoln Equities closes on Bayonne waterfront site

Lincoln Equities Group has completed its acquisition of a 153-acre site at Bayonne Logistics Center.

Dranoff begins leasing of Newark residential tower

Dranoff Properties has launched the leasing of One Theater Square in Newark.

Marcus Millichap completes Bayonne property sale

Marcus amp Millichap has wrapped the 1. 7 million sale of a 14-unit apartment property in Bayonne.

Vantage completes off-market Marlton sale

Vantage Real Estate Services recently completed the off-market sale of two Class A office buildings in Marlton on unspecified terms.

Habitat ReStore coming to Manville

Purveyor of gently-used household wares and materials Habitat ReStore is opening a new location this fall in Manville.

from NJBIZ - Retail https://ift.tt/2J1kibT
via IFTTT

AECOM names Vierheilig VP

Global engineering firm AECOM has appointed Kim Vierheilig vice president and managing principal for its New Jersey Buildings and Places practice, a part of the Design and Consulting Services group.

Colliers wraps up 10M sale of Piscataway office property

Global real estate firm Colliers International NJ completed a 10 million partial sale-leaseback of a Piscataway office building.

Team Resources completes 14M sale

Team Resources President Gregory Sholom and CEO David Cantor recently wrapped up a 14 million sale of 100,000 square feet of industrial space in East Rutherford to GNAP Development, LLC.

Kislak named sales agent for Long Branch development

Woodbridge-based The Kislak Co. Inc. has been named the sales agent for Ocean Gate, a 5-acre development in Long Branch located one block from the ocean just north of Pier Village.