New Jersey brides will get the chance to say “yes to the dress” at a temporary pop-up shop from New York City-based wedding retailer Kleinfeld.
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Monday, December 31, 2018
Friday, December 28, 2018
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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Thursday, December 27, 2018
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.
Monday, December 24, 2018
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 – including Goldman Sachs – are lining up to stake their. . .
Friday, December 21, 2018
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.
Thursday, December 20, 2018
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.
Wednesday, December 19, 2018
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’s will open a home improvement center in Hanover’s 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’s will open a home improvement center in Hanover’s 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.
Tuesday, December 18, 2018
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.
Sunday, December 16, 2018
Vanguard Series Honor Roll 2018
Though it’s 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.
Friday, December 14, 2018
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.
Thursday, December 13, 2018
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 “the state’s largest available space,” a 1,427,979-square-foot distribution and warehouse property in Mount Olive.
Wednesday, December 12, 2018
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.
Tuesday, December 11, 2018
Smithers Avanza expanding to NJ
Smithers Avanza’s 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.
Monday, December 10, 2018
Going up Construction begins on 71-story Journal Squared tower
Vertical construction has begun on what will become Jersey City’s tallest tower, at 71 stories high.
Princeton properties sold to KABR Group
The KABR Group has purchased a two-building complex in Princeton.
Thursday, December 6, 2018
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.
Wednesday, December 5, 2018
Newark's Portside Distribution Center nabs first tenant, CBRE says
Refrig-It Warehouse has signed on for 140,000 square feet at Newark’s Portside Distribution Center, marking the site’s 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’s 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.
Tuesday, December 4, 2018
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.
Monday, December 3, 2018
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’s AgraME agricultural trade show in Dubai, Messinas’ 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.
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