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Real Estate News Archive Page 2

Gebroe-Hammer touts banner first half

Livingston investment brokerage Gebroe-Hammer Associates has reported over $775 million in sales – that’s 5,645 units – for the...

Realogy adds Checkers’ Silva to board

Realogy Holdings Corp. has appointed Enrique “Rick” Silva, president and CEO of Checkers Drive-In Restaurants Inc., to its board of...

Hanson nabs first NJ CityLife location for Ampersand Health

NAI James E. Hanson said it represented Nashville, Tennessee-based Ampersand Health in procuring a location for its first clinic in New Jersey.

DMR banking on redesigns

DMR Architects has completed plans for the renovation of SB One Bank at The Avenue Collection complex in Weehawkin, the Hasbrouck Heights-based firm...

Turtle & Hughes opens distribution center in Piscataway

Linden-based electrical and industrial distribution company Turtle & Hughes has opened a 45,760-square-foot regional distribution center at 266 Old...

Capital Realty arranges $130M Hudson County transaction

Capital Realty Associates has arranged the $130 million sale of 66 multifamily buildings in Bayonne and Union City.

Cushman tagged to lease North Bergen industrial

Cushman & Wakefield has been named the leasing agent for the 130,000-square-foot Bergen Logistics Building in North Bergen.

Atlantic Real Estate Services to broker North Jersey industrial

Bridgewater-based Atlantic Real Estate Services has announced it will serve as exclusive broker to Goodman North America in marketing its...

Sitex acquires Moonachie warehouse

Sitex Group, a real estate and development company specializing in industrial properties, has added 131 W. Commercial Ave. to its portfolio.

Amendment would ease restrictions on tax deductions for seniors, disabled

A GOP lawmaker is eyeing a proposal to ease requirements on who has access to the seniors-and-disabled property tax deductions.

Kearny industrial property sold

Commercial real estate brokerage The Blau & Berg Co. has announced the sale of an industrial warehouse distribution facility in Kearny.

P3 purchases Somerset Financial Center

In a deal brokered by Cushman & Wakefield, P3 Properties has purchased Somerset Financial Center in Bedminster from Related Cos.

Marchetto Higgins Stieve promotes Buldo to partner

Jersey City-based Marchetto Higgins Stieve Architects has promoted Michael Buldo to partner at the firm.

LMC to manage Oak Tree Center in Edison

North Plainfield-based commercial real estate services firm Levin Management Corp. will now manage Oak Tree Center in Edison.

NJ HMFA, NJHA team up for affordable housing pilot

The New Jersey Housing and Mortgage Finance Agency and New Jersey Hospital Association have struck a partnership to bolster hospitals’...

ADP: 219K jobs added in July

American employers added 219,000 jobs in July, Roseland-based payroll processing company ADP said in a report issued Wednesday.

Siracusa named president of residential brokerage at Weichert

Carlo Siracusa has been named president of residential brokerage for Weichert,...

Kislak brokers Quail Creek Shopping Center sale

The Kislak Co. Inc. said it brokered the sale of the Quail Creek Shopping Center in Howell for $4.43 million in an off-market deal.

Simon joins B6 as partner, NJ executive managing director

David Simon has joined Manhattan-based B6 Real Estate Advisors, launched earlier this summer, as executive managing director of New Jersey operations...

Stockton completes sale of Seaview Hotel & Golf Club

Stockton University has completed the sale of Stockton Seaview Hotel & Golf Club to KDG Capital of Florida for $21,070,000.

CBRE arranges industrial lease for Gordon Logistics

Supply-chain solutions company Gordon Logistics has signed a long-term industrial lease at 180 Raritan Center Parkway in Edison.

Joint venture acquires Allendale portfolio

In a joint venture, Camber Real Estate Partners and Advance Realty have acquired a seven-building portfolio in Allendale with plans for select capital improvements.

Advance Realty completes first phase of renovations at Hoboken residential

Advance Realty said it has competed the first phase of renovations at The Bexley, a 128-unit residential building in Hoboken.

Colliers hires 2, including market leader for NJ

Global commercial real estate services firm Colliers International Group Inc. has hired veteran New York commercial real estate executive David Amsterdam as president of investments and leasing in the Eastern Region of the U.S. and Dennis Waggner as executive managing director and market leader of the New Jersey region.

Komen North Jersey bound for Parsippany

Susan G. Komen North Jersey has announced it will move its offices to Parsippany this September

NJBIZ Lists: Commercial Real Estate Brokerages & Developers

Ranked by: number of NJ brokers & square footage owned/controlled in NJ

Cleanup proposed for Gibbstown superfund site

The U.S. Environmental Protection Agency on July 27 proposed a cleanup plan for the Hercules Inc. superfund site in Gibbstown.

Life-sciences tech firm opens Whippany facility

New York-based ComboCap, a life-sciences technology company owned by Binutra Holdings, has signed a lease for a 50,000-square-foot manufacturing facility in Whippany.

Gebroe-Hammer arranges sale of Plainfield multifamily portfolio

Gebroe-Hammer Associates has arranged the sale of a four-building multifamily portfolio in Plainfield.

Peck Brothers joins Elmwood Park Plaza tenant roster

Roofing company Peck Brothers has signed a 5,000-square-foot lease at Elmwood Park Plaza in Elmwood Park.

Prism Capital gains approval in Morristown

With approvals now in place, Prism Capital Partners is gearing up to launch the expansion and modernization of 21 South St. in downtown Morristown.

HFF, Transwestern complete $5M sale of Morristown office property

HFF and Transwestern have wrapped the $5 million sale of a 20,000-gross-square-foot office building in downtown Morristown.

PS&S makes trio of women firm principals

PS&S, a Warren-based architecture, engineering and environmental consulting firm, has named Kris McCool, Jarka Vonder and Marge DellaVecchia as principals and vice presidents.

HFF completes sale of Hoboken apartment property

Holliday Fenoglio Fowler announced the $17.65 million sale of Columbus Park Apartments, a six-story, 37-unit apartment property in Hoboken.

Newark breaks ground on housing project

Newark Mayor Ras Baraka joined New Jersey Housing and Mortgage Finance Agency Executive Director Charles Richman and Regan Development Corp. representatives at a groundbreaking ceremony for the $23.1 million Carrino Plaza Apartments project.

PREIT, 1776 to create incubator in Cherry Hill Mall

PREIT has announced a new partnership with 1776 at Cherry Hill Mall, with a planned retail incubator to occupy more than 11,000 square feet of space.

Teva Pharmaceuticals inks Parsippany lease

Teva Pharmaceuticals USA Inc. has inked a long-term lease for 345,000 square feet at P3 Properties at MCBLUE in Parsippany.

WCRE completes Marlton lease

WCRE recently represented RXSense tech firm in the leasing of 15,362 square feet of office space owned and managed by Accordia LLC.

Marcus & Millichap completes mixed-use sales in Bayonne

Marcus & Millichap has wrapped the sale of two mixed-use buildings on Broadway Street in Bayonne.

Cushman & Wakefield negotiates sale of Arbor Glen

Cushman & Wakefield, along with RBC Capital Markets, has negotiated the sale on undisclosed terms of Arbor Glen, a 274-unit, 25- acre senior living community in Bridgewater.

Kooi appointed VP-GM integrated interiors at dancker

Somerville-based interior solutions firm dancker has named Nathan Kooi vice president and general manager of integrated interior solutions, following the company’s expansion into the Baltimore-Washington market with the acquisition of U.S. Business Interiors.

Stores in Montclair, Hoboken among first in UK-concept’s tristate rollout

Cushman & Wakefield has inked two New Jersey retail leases for maternity and children’s clothing boutique JoJo Maman Bébé.

Louis Berger adds three to board as chairman retires

Morristown-based global professional services corporation Louis Berger named as board members Thomas Lewis, president of the company’s U.S. division; James Bach, president of its international division; and Nick Ivanoff, executive vice president of the company’s U.S. transportation segment.

Sayres named associate principal at GZA

Environmental and geotechnical consulting firm GZA Environmental has promoted licensed site remediation professional Mindy Sayres to associate principal at the company’s Fairfield-based North Jersey office.

7-Eleven inks lease at Newark mixed-use undergoing redevelopment

A 7-Eleven recently inked a long-term lease at Newark’s William Flats mixed-use property, which is currently undergoing an adaptive-reuse by Paramount Assets.

Cushman & Wakefield brokers Newark parking garage trade

Cushman & Wakefield has completed the $7.25 million sale of a downtown Newark structured parking facility.

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