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Real Estate News Archive Page 2

A Cubed inks deal for Fair Lawn industrial

A Cubed LLC is leaving Wood Ridge for Fair Lawn following its purchase of an industrial building there, NAI James E. Hanson has announced.

Camelot of Cinnaminson gets $38M refinance

The New Jersey regional office for NorthMarq Capital has announced a $38 million refinance for Camelot of Cinnaminson.

HFF arranges $8.8M refinancing for Eatontown office building

Real estate company Holliday Fenoglio Fowler LP has announced the $8.8 million refinancing of 4 Industrial Way W. in Eatontown.

QuickChek coming to former industrial Cranford site

Rochelle Park-based Tulfra Real Estate said it has completed acquisition and financing to bring a QuickChek to 370 North Ave. E. in Cranford.

Omni America purchases Newark affordable housing units

Garden Spires and Spruce Spires in Newark have been sold to New York-based affordable housing developer Omni America LLC.

Park Avenue Club celebrates new event spaces

Florham Park private dining facility The Park Avenue Club has expanded its offerings with the opening of two new event spaces.

Princeton’s Center for Jewish Life completes renovation

Princeton University’s Center for Jewish Life has completed a refurbishment and energy-efficient renovation, improving about 17,800 square feet...

Meridian Capital arranges $258M in financing for Lakewood company

Accurate Builders & Developers of Lakewood has received $258 million in acquisition and construction financing for multifamily properties in Bayonne,...

AFR promotes Brandao and Packer

American Financial Resources Inc. announced Monday the promotion of Laura Brandao to president and Bill Packer to chief operating officer for the...

Rutgers Camden seeks construction of business school building

Rutgers University Camden Chancellor Phoebe Haddon, on Thursday, discussed plans to construct a building to house the Camden campus’ business...

Lidl purchases Bergenfield site

International grocery store Lidl has purchased a former Bergenfield ACME Market site for an undisclosed amount, according to RIPCO Real Estate and...

Real estate magnate Jay Kislak dies at 96

Jay Kislak, chairman of the Kislak Organization real estate company, died Wednesday at his home in Miami. He was 96.

Experic sets plans for Cranbury manufacturing, packaging facility

In advance of its official opening later this year, pharmaceutical supply services provider Experic has leased a 45,500 square foot, state-of-the-art...

Artech acquires CDI Corp. business unit

Morristown-based Artech Information Systems has acquired the Talent & Technology Solutions business unit of Philadelphia-based CDI Corp.

Small contractors get lift with SBA surety bonds (subscriber content)

From the Oct. 1 issue of NJBIZ

On Oct. 1, the SBA will lower surety bond fees for the first time in 12 years, giving small contractors the opportunity to compete even better with...

Hamilton Township is All Play USA

Hamilton Township has been selected as the locale for All Play USA LLC’s flagship facility, the company said Tuesday.

OP-ED: How contractors can benefit from NJ's new P3 law

On Aug. 14, New Jersey Gov. Phil Murphy signed into law into legislation that expands the possibility for government entities to enter into...

premium content Small contractors get lift with SBA surety bonds

Over the last 10 years, Ocean Construction in Marmora has worked on more than 100 federal construction jobs. Its specialty is National Historic...

Transwestern relocating to Florham Park

Transwestern is expanding and moving its New Jersey operations to Florham Park.

NJBIZ reveals 2018 Fast 50 list

Twenty-two never-before-ranked companies appear on this year's list of NJBIZ Fast 50 honorees.

Pentax Medical's Montvale building sells for $14M

Northeast Capital Group has purchased 3 Paragon Drive in Montvale for $14 million, JLL announced.

Woodmont Square in Bridgewater sells for $32.55M

Bridgewater’s Woodmont Square Apartments has sold for $32.55 million, commercial real estate firm Gebroe-Hammer Associates said Thursday.

CAPC receives $12M to purchase, rehab homes

Community Asset Preservation Corp. has been awarded $12 million in New Markets Tax Credits – the largest amount allocated in 2018 – from the Housing Partnership Network, New Jersey Community Capital announced Tuesday.

Glendale Business Park nets $9M

Glendale Business Park in Edison has been sold to an undisclosed buyer for $9 million, industrial real estate services firm Bussel Realty Corp. announced Wednesday.

Sussex mixed-use The Creamery nabs $2.25M

The Creamery at 16 Walling Ave. in Sussex has sold for $2.25 million, The Kislak Co. Inc. has announced.

Jet.com expands to over 200,000 square feet in Hoboken

E-commerce purveyor Jet.com is again expanding its Hoboken Waterfront Corporate Center headquarters, SJP Properties said Monday.

NYC's Mood Fabrics takes runway to Lodi

Mood Fabrics, which gained popularity as the go-to shop for designers on Bravo’s “Project Runway,” is moving into Bergen County, having purchased a 73,373-square-foot industrial property in Lodi.

JZA+D’s Zinder to serve on NJ AIA executive committee

JZA+D Founding Principal Joshua Zinder has been elected vice president of the American Institute of Architects’ New Jersey chapter, the Princeton-based architecture and design firm said Tuesday.

Rutgers announces 2018 Center for Real Estate board members

New Jersey Economic Development Authority CEO Tim Sullivan, New Jersey Redevelopment Authority Executive Director Leslie Anderson, Maser Consulting Chairman and CEO Richard Maser and Cushman & Wakefield Managing Principal Andrew Judd are some of the names included in The Center for Real Estate at Rutgers Business School’s announcement of its 2018 executive committee, advisory board and emerging leaders council.

Moe's Southwest Grill coming to River Edge

River Edge is getting a Moe’s Southwest Grill. The Tex-Mex chain inked a deal with Cushman & Wakefield to enter a 2,680 square-foot space in the New Bridge Landing Shopping Center in the location of the former California Tortilla.

Kean unveils business school rendering, 2020 completion date

The Kean University Board of Trustees approved a contract with Natoli Construction Corp. for its new College of Business and Public Management building coming to the former Merck-owned site at Morris Avenue in Union.

Special Properties and Christie's expand in Northern NJ with Gavura

Special Properties Real Estate Services LLC, a regional affiliate of Christie’s International Real Estate, on Thursday announced the appointment of Robert Gavura as New Jersey regional vice president for Union, Morris and Somerset counties.

NJEDA: Brooklyn wholesaler consolidating in Roselle Park

Brooklyn, N.Y.-based electronic accessories wholesaler OEM Source is heading to New Jersey, the New Jersey Economic Development Authority announced Friday.

Mack-Cali sells Horizon Drive buildings

Mack-Cali has sold a two-building portfolio in Hamilton, NKF Capital Markets announced.

M&M sells River Vale building for $4.8M

Marcus & Millichap has sold The Rudd O’Connor Building in River Vale for $4,838,900.

$12M supportive-housing partnership aims for healthier communities

The New Jersey Housing and Mortgage Finance Agency board on Thursday unanimously approved a $12 million investment in a new partnership with the New Jersey Hospital Association to develop supportive housing as a means to create healthier communities.

NJ Hall of Fame to take up residence at American Dream

The New Jersey Hall of Fame is planting roots after hitherto existing as a mobile museum.

Two from NJ to lead new Avison Young life sciences group

Commercial real estate services firm Avison Young has formed a life sciences specialty practice group to serve the specific real estate needs of the industry.

Panel: 'Perception' key to success of cannabis business

Perception is one of the biggest hurdles cannabis businesses face when seeking approval from communities and municipalities, and was the view in vogue among the panel members at NJBIZ’s Business of Cannabis event Tuesday at the Imperia in Somerset, moderated by New Jersey CannaBusiness Association President Scott Rudder.

DSW moving into Parsippany's Waterview Marketplace

Discount shoe retailer DSW has signed a lease at Parsippany’s Waterview Marketplace and is slated to open in early 2019.

Prudential Center unveils lofty club concept

The Prudential Center unveiled renderings for The Lofts at the Infiniti Suite Level of the Newark event venue and home to the New Jersey Devils.

Marcus & Millichap move mixed-use for $1.15M

Marcus & Millichap announced the sale of 6507 Bergenline Ave. in West New York for $1.15 million.

West Essex Graphics expands in Fairfield

West Essex Graphics has expanded its Fairfield facility, the company said Monday.

Cushman clears construction financing for Hackensack multifamily

Work is set to begin on a new, 235-unit multifamily development in Hackensack, Cushman & Wakefield said Monday, following its arrangement of approximately $52 million in construction financing.

Kimberly Brennan: Rising to top in a male-dominated industry

NJBIZ 40 Under 40: Ten years later

When Kimberly Brennan was honored with NJBIZ’s 40 Under 40 award in 2008, she was working as the New Jersey managing director for Cushman & Wakefield and responsible for three offices. But even then she had her eye on the C-suite.

Legislators seek to boost state's failing malls, office parks

State lawmakers want to tweak one of New Jersey's oldest redevelopment laws to give a shot in the arm to vacant and underused malls and corporate office parks.

Former Basking Ridge home of Jets star Tomlinson put on market

The home former NFL running back and Hall of Famer LaDanian Tomlinson called his during his brief time with the New York Jets will be offered at auction on Sept. 28 in Basking Ridge’s Pheasant Crossing community.

Bergen County mixed medical-retail spot signs three leases

Metro Eye Care, Sport and Spine and Bergen Oral Surgery have all signed leases for the Franklin Lakes Towne Square, Cushman & Wakefield Healthcare Practice Group Senior Director Jeffrey Prezant announced Friday.

Work begins on Dayton distribution center

Construction began on a 203,488-square-foot distribution and warehouse facility in Dayton, said commercial real estate services firm JLL.

Humanscale headed to Piscataway logistics center

Humanscale has signed on as a tenant for the anticipated 2.1 million-square-foot Rockefeller Group Logistics Center currently in development in Piscataway, Rockefeller Group and venture partner PCCP LLC said Thursday.

Montclair residential nets $17.25M

The Kislak Co. Inc. on Wednesday announced the sale of 70 residential units in Montclair for $17.25 million.

HFF: Medical office sale 'largest in NJ'

Holliday Fenoglio Fowler LP is touting “the largest medical office sale in the state of New Jersey”: a three-building, 538,107-square-foot property in Morristown.

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