A private investor has acquired a nearly 72,000-square-foot, grocery-anchored retail property in Park Ridge for $17 million, according to a brokerage team with Marcus & Millichap.
Overhauling the Energy Master Plan is an opportunity for impacted stakeholders, like you, to help improve what is currently an unrealistic policy document that has done little to accelerate achieving its lofty goals. Perhaps most striking about the current EMP is it lacks an unbiased estimate of what it’ll cost ratepayers, including commercial real estate owners and tenants. Gov. Phil Murphy acknowledged this glaring omission when he announced the 2024 EMP will “seek to better capture economic costs and benefits, as well as ratepayer impacts.”
Newmark has added Dave Aschenbrand as an executive managing director with its New Jersey team, in a move aimed at expanding its position in the growing cold storage segment.
Dozens of aspiring commercial real estate professionals came together earlier this month as the Rutgers Center for Real Estate hosted its fifth annual scholarship celebration, joining a group of seasoned industry leaders and others who are supporting their education.
