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Real Estate News

Blairstown second gen. outdoors, hardware company sold

Larry Bodner, president of Union-based Executive Business Brokers, announced Friday the sale of North Warren Farm & Home/True Value, a second generation owned and operated retail lawn, garden, feed and hardware company, to Schone Family Holdings LLC. Read More »»

WCRE helps bank open new mortgage office in Marlton

Wolf Commercial Real Estate announced Friday that it has negotiated a lease in Marlton for The Federal Savings Bank to open a new location. Read More »»

Through conditional veto, Christie seeks to expand non-gaming incentives in Atlantic City

Through a conditional veto on a supplemental bill to the Economic Opportunity Act of 2013, Gov. Chris Christie proposed the expansion of incentive offerings for non-gaming projects in Atlantic City. Read More »»

Records company renews lease in Jersey City

Records management company CitiStorage, LLC, renewed its lease for a 150,000-square-foot warehouse in Jersey City, according to commercial real estate firm Cushman & Wakefield. Read More »»

Mack-Cali declares quarterly dividend

Mack-Cali Realty Corporation announced Thursday that it has declared a quarterly cash dividend of 15 cents per share for the quarter ending Sept. 30. Read More »»

Conference sparks talk of triumphs, challenges in New Jersey commercial real estate market

It was around 9 a.m. at RealShare New Jersey, one of the year’s biggest commercial real estate conferences, and Joe Taylor had some friendly advice for the audience. Read More »»

Christie vetoes latest suspension of affordable-housing fee on commercial projects

The epic battle over New Jersey's affordable housing policy took a new twist this week, when Gov. Chris Christie conditionally vetoed a bill to again suspend a 2.5 percent fee on commercial projects that is used to fund low- and moderate-income residential units. Read More »»

Jersey City project's developers secure $192M construction-to-permanent loan

NorthMarq Capital's Morristown office announced Wednesday it has negotiated a $192 million construction-to-permanent loan for URL Harborside 1, an apartment tower planned for Jersey City. Read More »»

Advertising agency renews its lease at Glenpointe

Advertising agency Moroch Partners will be keeping its New Jersey offices at The Atrium at Glenpointe, in Teaneck, Cushman & Wakefield announced Wednesday. Read More »»

18|8 Fine Men's Salons coming to New Jersey

Winick Realty Group NJ announced Wednesday that it has leased the first two New Jersey locations for 18|8 Fine Men's Salons, a men's grooming chain. Read More »»

Five Below bringing hundreds of jobs to Jersey as it moves distribution center from Delaware to Oldmans

Retail chain Five Below has broken ground on a new 1 million-square-foot distribution center in Oldmans Township in Salem County, Cherry Hill-based supply chain firm NFI announced. Read More »»

Cushman & Wakefield to serve as agents for Secaucus office building

Cushman & Wakefield announced Tuesday that it has been named the leasing agency for a 303,000-square-foot office building in Secaucus owned by Rugby Realty. Read More »»

Jersey City's Trump Plaza developers get $140M loan for project

CIT Group Inc. announced Monday that its CIT Real Estate Finance unit has arranged a $140 million loan to Kushner Companies and the KABR Group to finance the development of a 50-story apartment building. Read More »»

Real estate firms team up to market Route 23 site

NAI James E. Hanson, a Hackensack-based commercial real estate firm, on Tuesday said it is partnering with Van Houten Corporate Realty, a Hoboken-based advisory firm, to market a 40,000-square-foot space in Kinnelon. Read More »»

Investors did $1.1B in commercial mortgage business through July

Investors Bank announced Tuesday that its Commercial Real Estate Lending Group originated more than $1.1 billion in commercial mortgages during the first seven months of the year, primarily in the multifamily housing sector. Read More »»

G.S. Wilcox closes $87.1M hospital, medical office transaction

G.S. Wilcox & Co., a commercial real estate firm based in Morristown, announced Tuesday that it has arranged $87.1 million in financing for nine hospital and medical buildings in eastern Pennsylvania. Read More »»

$141M residential tower planned for Jersey City waterfront; developer seeking tax abatement

A developer is proposing to build a $141 million, 44-story residential tower in the Liberty Harbor North section of Jersey City's waterfront, according to filings with city officials. Read More »»

Sitar Realty announces several real estate deals

Sitar Realty Company, an Iselin-based commercial real estate company, announced a series of real estate sales Monday. Read More »»

On the rise: Tech firms gobbling up real estate

Sector is a leasing leader, grabbing spaces of all sizes

Robert Cortright has built three technology firms in the past 15 years — all focused on the finance sector — and the key ingredients haven't changed much in that time. Read More »»

Manhattan Trading leases warehouse in Union

Bussel Realty Corp., a real estate services firm, said Monday that merchant goods wholesaler Manhattan Trading has leased 18,000 square feet of industrial space in Union. Read More »»

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