NJBIZ - Real Estate http://www.njbiz.com/section/real_estate Real Estate Real Estate en-us Copyright 2015 NJBIZ Wed, 03 Jun 2015 11:10:19 EST Wed, 03 Jun 2015 11:10:19 EST http://www.njbiz.com/article/20150603/NJBIZ01/150609935&source=RSS Mack-Cali names Hersh's replacements Industry veterans to be CEO, president Mack-Cali Realty Corporation announced Wednesday that it has chosen two new executives to replace CEO and President Mitchell Hersh. Wed, 03 Jun 2015 09:49:00 EST http://www.njbiz.com/article/20150603/NJBIZ01/150609935&source=RSS http://www.njbiz.com/article/20150602/NJBIZ01/150609959&source=RSS WCRE facilitates sale of Class A property in Marlton WCRE announced Tuesday that it has represented UR Lippincott DST in its acquisition of a Class A property in Marlton. Tue, 02 Jun 2015 11:58:00 EST http://www.njbiz.com/article/20150602/NJBIZ01/150609959&source=RSS http://www.njbiz.com/article/20150602/NJBIZ01/150609960&source=RSS Colliers names new head of N.J. operations David A. Simon has joined Colliers International as an executive managing director and will serve as the new head of the firm's New Jersey operations, the brokerage firm announced Tuesday. Tue, 02 Jun 2015 11:31:00 EST http://www.njbiz.com/article/20150602/NJBIZ01/150609960&source=RSS http://www.njbiz.com/article/20150602/NJBIZ01/150609961&source=RSS Kislak Institute awards honor Murray Kushner, James Hughes As he accepted an honor known as the Leadership Excellence Award, Murray Kushner seemed to be making the case that &#8220leadership&#8221 is a concept based on a host of other qualities. Tue, 02 Jun 2015 11:13:00 EST http://www.njbiz.com/article/20150602/NJBIZ01/150609961&source=RSS http://www.njbiz.com/article/20150602/NJBIZ01/150609971&source=RSS PlanSmart to develop reuse plan for campuses Developers, towns eager to trim glut of vacant space You may well have heard all about New Jersey's glut of vacant office parks and defunct corporate campuses, but here's another way to look at it For 94 of the largest buildings in northern New Jersey &#8212 those with more than 200,000 square feet &#8212 there is 14. 5 million square feet of vacant space. That&#8217s equivalent to five Empire. . . Tue, 02 Jun 2015 08:06:00 EST http://www.njbiz.com/article/20150602/NJBIZ01/150609971&source=RSS http://www.njbiz.com/article/20150601/NJBIZ01/150609975&source=RSS Cherry Hill Mortgage completes acquisition Moorestown-based Cherry Hill Mortgage Investment Corporation said Monday it has completed the 4 million acquisition of mortgage company Aurora Financial Group Inc. Mon, 01 Jun 2015 16:14:00 EST http://www.njbiz.com/article/20150601/NJBIZ01/150609975&source=RSS http://www.njbiz.com/article/20150601/NJBIZ01/150609977&source=RSS Newark officials, developers break ground on 174M Hahne's revitalization project The transformation of one of downtown Newark's landmark buildings took a ceremonial step forward Monday, as developers and financing partners joined city officials to break ground on the 174 million restoration of the Hahne Co. building. Mon, 01 Jun 2015 14:24:00 EST http://www.njbiz.com/article/20150601/NJBIZ01/150609977&source=RSS http://www.njbiz.com/article/20150601/NJBIZ01/150609978&source=RSS Rutgers' Center for Real Estate names advisory board members The Rutgers Business School's Center for Real Estate has unveiled the founding members of its advisory board, a star-studded roster than includes more 60 of the most influential developers and industry professionals in New Jersey. Mon, 01 Jun 2015 14:01:00 EST http://www.njbiz.com/article/20150601/NJBIZ01/150609978&source=RSS http://www.njbiz.com/article/20150601/NJBIZ01/150609984&source=RSS Ocean shopping center fetches 3.8M A 5-year-old shopping center in Ocean has been sold for 3. 8 million, according to Stafford Smith Realty, which brokered the deal. Mon, 01 Jun 2015 11:31:00 EST http://www.njbiz.com/article/20150601/NJBIZ01/150609984&source=RSS http://www.njbiz.com/article/20150601/NJBIZ01/150609989&source=RSS Five Below opens new distribution center in South Jersey Five Below Inc. announced Monday that it has opened its new distribution center in southern New Jersey. Mon, 01 Jun 2015 10:22:00 EST http://www.njbiz.com/article/20150601/NJBIZ01/150609989&source=RSS http://www.njbiz.com/article/20150601/NJBIZ01/150529784&source=RSS PlanSmart to develop reuse plan for campuses You may well have heard all about New Jersey's glut of vacant office parks and defunct corporate campuses, but here's another way to look at itFor 94 of the largest buildings in northern New Jersey &#8212 those with more than 200,000 square feet &#8212 there is 14. 5 million square feet of vacant space. Fri, 29 May 2015 13:00:00 EST http://www.njbiz.com/article/20150601/NJBIZ01/150529784&source=RSS http://www.njbiz.com/article/20150601/NJBIZ01/306019981&source=RSS Chain reaction Jersey City ordinance attempts to protect its local retailers, but at what cost? Smith Chang General Goods is exactly the kind of business Mayor Steven Fulop wants to attract and keep in Jersey City. Fri, 29 May 2015 12:39:00 EST http://www.njbiz.com/article/20150601/NJBIZ01/306019981&source=RSS http://www.njbiz.com/article/20150601/NJBIZ01/306019983&source=RSS Retail debate around the state A recently adopted ordinance in Jersey City calls for limiting national retailers &#8212 or businesses with 10 other properties within 300 miles &#8212 to 30 percent of ground-floor commercial space in downtown Jersey City, with the a few exemptions. The idea, which has been tried in just a few other cities nationwide, is new to the Garden. . . Fri, 29 May 2015 12:39:00 EST http://www.njbiz.com/article/20150601/NJBIZ01/306019983&source=RSS http://www.njbiz.com/article/20150601/NJBIZ01/306019985&source=RSS One city's growth plan All stores are welcome Mayor Samson Steinman wants to make it clear Rahway will not limit chain stores whatsoever. Fri, 29 May 2015 12:39:00 EST http://www.njbiz.com/article/20150601/NJBIZ01/306019985&source=RSS http://www.njbiz.com/article/20150601/NJBIZ01/306019988&source=RSS Downtown group There are many ways to grow There are clearly strong divisions regarding Jersey City&#8217s new ordinance that calls for limiting national retailers to 30 percent of ground-floor commercial space in downtown Jersey City. Fri, 29 May 2015 12:39:00 EST http://www.njbiz.com/article/20150601/NJBIZ01/306019988&source=RSS http://www.njbiz.com/article/20150529/NJBIZ01/150529785&source=RSS EDA grants extension for updated American Dream project incentives application The American Dream Meadowlands project has grown significantly enough since it received approval from the Economic Development Authority in November 2013 for a 390 million Economic Redevelopment and Growth grant &#8212 the largest ever of its kind &#8212 that the board will need to revisit the application and approve of its modifications in the. . . Fri, 29 May 2015 12:59:00 EST http://www.njbiz.com/article/20150529/NJBIZ01/150529785&source=RSS http://www.njbiz.com/article/20150529/NJBIZ01/150529805&source=RSS Louis Berger consortium wins development contract in West Africa Morristown-based Louis Berger announced Friday that its consortium won a 2. 57 million contract in for private sector development in West Africa. Fri, 29 May 2015 10:08:00 EST http://www.njbiz.com/article/20150529/NJBIZ01/150529805&source=RSS http://www.njbiz.com/article/20150528/NJBIZ01/150529818&source=RSS Freehold-based REIT buys Pa. home community Freehold-based real estate investment trust UMH Properties Inc. announced Thursday that it has acquired a manufactured home community in northeast Pennsylvania for a little more than 3. 5 million. Thu, 28 May 2015 16:08:00 EST http://www.njbiz.com/article/20150528/NJBIZ01/150529818&source=RSS http://www.njbiz.com/article/20150528/NJBIZ01/150529820&source=RSS NAI Mertz inks industrial lease for Internet merchandise distribution company in Dayton Mount Laurel-based NAI Mertz announced Thursday that its President, Scott Mertz, recently inked a 121,500-square-foot industrial lease transaction for Go Plus Corporation in Dayton. Thu, 28 May 2015 14:25:00 EST http://www.njbiz.com/article/20150528/NJBIZ01/150529820&source=RSS http://www.njbiz.com/article/20150528/NJBIZ01/150529825&source=RSS Working for the rental the gap between income and making rent Month after month, the job reports are painting a rosy picture of the American economy. Despite this, wages at these jobs remain stagnant and, while fewer people are buying homes and thus creating a greater demand for rentals, the price of renting a living space is increasing. Thu, 28 May 2015 14:03:00 EST http://www.njbiz.com/article/20150528/NJBIZ01/150529825&source=RSS