NAI Mertz adds to Mount Laurel team

Commercial real estate firm NAI Mertz announced it has appointed two new commercial agents to its Mount Laurel headquarters.

Wilcox closes 170 million with Thrivent Financial

Morristown-based G. S. Wilcox Co. announced it recently closed 170 million of apartment and warehouse loans through their exclusive correspondent, Thrivent Financial.

Denholtz Associates bringing snack food manufacturer to Piscataway

Real estate development firm Denholtz Associates announced that CLIO LLC has signed a lease for 20,300 square feet of industrial space in Piscataway.

Case-It signs long term lease in West Caldwell

Rochelle Parkndashbased real estate investment firm Tulfra Real Estate announced it has signed a 15-year lease with binder manufacturer Case-It for 68,000 square feet in West Caldwell.

Joint venture acquires 1.6 million square feet of Newark's Gateway Center

The joint venture between Garrison Investment Group, Axonic Capital LLC, Taconic Capital Advisors and Onyx Equities LLC announced on Thursday its acquisition of One, Two and Four Gateway Center in Newark. This 1. 6 million-square-foot transaction represents New Jersey&#8217s largest office deal of 2018.

Destination Maternity taps two new executives

Destination Maternity Corp. has appointed Dave Helkey as chief financial officer and chief operating officer, and has appointed Doug Goeke as chief transformation officer.

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Construction milestone met for Jersey City's new 12.5M middle school

Friends of BelovED Community Charter School 2, Urban Architects and Hollister Construction Services announced the structural frame of the new 12. 5 million middle school in Jersey City is now complete.

PSEG sells 2 retired coal sites to Hilco Redevelopment Partners

PSEG Power, a subsidiary of Public Service Enterprise Group, announced on Wednesday the sale its retired Hudson Generating Station, in Jersey City and Secaucus, and Mercer Generating Station, in Hamilton Township, sites to Hilco Redevelopment Partners, an operating company within Hilco Global.

STRO announces hire of new chief operating officer

The Stro Cos. announced the addition of Mitchel Kay as its new chief operating officer and general counsel. In this new role, Kay will lead Stro&#8217s operations, legal and cybersecurity functions.

Hudson Group names Fordyce CEO

Hudson Ltd. , or Hudson Group, has announced Roger Fordyce&#8217s appointment as chief executive officer effective Tuesday.

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Bussel Realty brokers sale of Carteret property

Bussel Realty Corp. announced it arranged the sale of 1001 Roosevelt Ave. in Carteret to Seagis Property Group for an undisclosed amount.

Homestake Capital announces new director

Clark McIntyre joins the Monmouth County-based firm to assist in acquisition and risk analysis, deal structuring, pro forma development and asset management.

HFF announces 70.25M industrial park sale in Westchester County, NY

Holliday Fenoglio Fowler LP announced the 70. 25 million sale of Elmsford Distribution Center, a six-property industrial park and truck terminal totaling 386,137 square feet in Elmsford, Westchester County, N. Y.

NAI Hanson negotiates lease for office space in Mahwah

Commercial real estate firm NAI James E. Hanson, announced it has negotiated a lease for office space in Mahwah near Franklin Lakes and Wyckoff with proximity to Routes 287, 208 and 17.

Century 21 Real Estate announces leadership changes

Century 21 Real Estate LLC announced Michael Miedler has been named President and chief executive officer, effective Jan. 11. The executive change was driven by the decision of current president and CEO, Nick Bailey, to step down.

New genre of retailers offer experience over shopping

Consumer spending is shifting from acquiring goods to taking part in an activity, and the trend in 2019 is to create businesses that offer an experience that attracts and keeps customers engaged, according to Levin Management President Matt Harding.

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Cannabis legalization expected to create robust ancillary market

2018 was a big year for cannabis in New Jersey. Short of legalizing the recreational market, which is projected by many to become reality in 2019, the medical program was expanded by nearly 20,000 people and six alternative treatment centers. And for the first time, a bill to create a legal adult use cannabis market made it out of committee and. . .

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Sears picks NJ-based liquidator should rescue talks fail

Sears Holdings Corp. has lined up a liquidator if the talks to rescue the bankrupt retailer fall through, Reuters reported Sunday.

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2019 Forecast Issue Real estate

Even before political and trade conflicts recently erupted, real estate developers across New Jersey and elsewhere werefacing a host of opportunities and challenges going into 2019. Now, in addition toconfronting the specter of increasing interest rates, a possible economic slowdown, andchanges in the way that people work, they&#8217ve got. . .

The Vitamin Shoppe taps new technology chief

Nutritional retailer The Vitamin Shoppe Inc. tapped Andrew Laudato as executive vice president, chief technology officer on Monday. His appointment is effective immediately.

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LBA Logistics purchases 13.5M Robbinsville industrial site

LBA Logistics purchased a single tenant warehouse and manufacturing facility in Robbinsville for 13. 5 million.

CBRE arranges 13.3M LVMH building sale in Springfield

CBRE on Monday announced the 13. 3-million sale of a 60,000-sqare-foot Class A office building at 966 S. Springfield Ave. in Springfield. The property serves as the national headquarters for the watch and jewelry divisions of LVMH Mot Hennessy Louis Vuitton SE, a French multinational luxury goods conglomerate headquartered in Paris.

Garden State Orthopaedics Sports Medicine leases space in Cherry Hill

Wolf Commercial Real Estate announced it exclusively represented Garden State Orthopaedics Sports Medicine in the leasing of 3,450 square feet of office space in Cherry Hill.

Cushman Wakefield arranges sale of Paramus Junction

Cushman Wakefield announced it arranged the December sale of Paramus Junction, a fully leased, grocery-anchored shopping center in the heart of Bergen County's retail corridor.

NAI Hanson negotiates Blairstown flex building sale

Commercial real estate firm NAI James E. Hanson announced it negotiated the sale of a 15,070-square-foot industrialflex building in Blairstown.

Seagis Property Group acquires 93,000-square-foot building in Carteret

Seagis Property Group announced it acquired a 93,000-square-foot warehouse in Carteret.

Deals bring Simone Development Cos.' Hackensack property to near full occupancy

Simone Development Cos. announced it completed two new medical office space deals in Hackensack, bringing the property to more than 90 percent leased.

NAI Hanson negotiates complex land sale in Pohatcong

Commercial real estate firm NAI James E. Hanson announced it has arranged the sale of 170 acres of land in Pohatcong.