Featured Stories
C&W: Advance eyes 524-unit fourth phase in Harrison with new equity partner, $173 million construction loan
Buyer wanted for 298,000 sq. ft. highway power center in Howell, JLL says
Westfield retail building with approvals for new apartments trades for $3.7 million, Kislak says
RXR, Dogdrop ink lease in Jersey City for dog daycare’s first New Jersey location
JLL: Bergman, partners secure $15.4 million loan for Princeton-area office building
TOP NEWS
IOS tenant demand: Then and now
NAI James E. Hanson recently brokered the sale of a 7.81-acre industrial outdoor storage property at 200 St. Nicholas Ave. in South Plainfield. — Courtesy: NAI James E. Hanson Not all real estate is created equal. That may be especially true in the industrial outdoor...
Home health agency buys 400 sq. ft. Fair Lawn office condo, Sheldon Gross says
17-10 River Road in Fair Lawn — Courtesy: Sheldon Gross Realty By Joshua Burd A home health care service has acquired a 400-square-foot office condominium in Fair Lawn for $100,000, in a newly announced deal by Sheldon Gross Realty. Bill Levesque, a property manager...
Mars leaving Newark after high-profile arrival in 2020, shifting U.S. headquarters to Chicago
Ironside Newark at 110 Edison Place in Newark — File photo / Courtesy: Edison Properties By Joshua Burd Mars Snacking is closing its Newark office, the site of its U.S. headquarters for the last six years, following a lease that helped the city land one of its...
JLL: Developer wanted for West Side Jersey City site with full approvals for 547-unit mixed-use rental project
Plans for 20 Carbon Place, a fully approved 1.76-acre development site, include a 12-story building with 547 rentals homes with amenities, ground-floor retail space, structured parking and a public plaza. — Rendering courtesy: JLL By Joshua Burd A development site in...
New Jersey Future to honor CBRE’s Medina, five projects at annual Smart Growth Awards
Gualberto “Gil” Medina By Joshua Burd New Jersey Future will highlight five transformative development projects this fall as part of its 24th annual Smart Growth Awards, where it will also recognize one of the state’s longtime and distinguished leaders in commercial...
Deals
Home health agency buys 400 sq. ft. Fair Lawn office condo, Sheldon Gross says
17-10 River Road in Fair Lawn — Courtesy: Sheldon Gross Realty By Joshua Burd A home health care service has acquired a 400-square-foot office condominium in Fair Lawn for $100,000, in a newly announced deal by Sheldon Gross Realty. Bill Levesque, a property manager...
C&W: Investor buys 28,000 sq. ft. industrial, lab facility in East Windsor for $4.8 million
By Joshua Burd A biotechnology firm has sold a vacant industrial and laboratory property in East Windsor for $4.75 million, brokers with Cushman & Wakefield announced Friday. According to a news release, the facility at 55 Lake Drive spans 27,992 square feet and...
NAI Hanson: Leonia gymnastics, cheerleading center leases 20,000 sq. ft. for new facility
600 Willow Tree Road in Leonia — Courtesy: NAI James E. Hanson By Joshua Burd A youth gymnastics facility in Leonia is moving after securing a new location at a neighboring building in the borough, according to a leasing team with NAI James E. Hanson. In a news...
Dermody touts expansion with ecommerce firm, new lease with 3PL in Carneys Point
LogistiCenter at Carneys Point at 24 North Game Creek Road in Carneys Point Township — Courtesy: Dermody By Joshua Burd Dermody has inked two significant leases at a South Jersey industrial park, including an expansion by an ecommerce brand and a new commitment by a...
Jadian grabs 5.2-acre Somerset property in latest New Jersey industrial outdoor storage deal
945 Route 27 in Somerset — Courtesy: CBRE By Joshua Burd Jadian has secured another industrial outdoor storage property in New Jersey, acquiring a 5.2-acre site in Franklin Township under a deal arranged by CBRE. Located in the township’s Somerset section, the parcel...
PEOPLE
Construction industry veteran Bagnoli joins KBD Group as New York, New Jersey leader
Craig Bagnoli By Joshua Burd Design-build construction firm KBD Group has appointed Craig Bagnoli as regional group leader for its New York and New Jersey operations. In his new role, Bagnoli will oversee construction and design-build projects throughout the market,...
Peapack Private welcomes Kotronis as senior managing director, commercial real estate
Paul Kotronis By Joshua Burd Paul Kotronis has joined Peapack Private Bank & Trust as a senior managing director with its Bedminster-based commercial real estate team. In his new role, Kotronis will support and expand the bank’s commercial real estate lending...
Stoop named New Jersey industry growth leader for EisnerAmper real estate practice
Christopher Stoop By Joshua Burd EisnerAmper has tapped Partner Christopher Stoop as the New Jersey industry growth leader for the global business advisory firm’s real estate practice. In his new role, Stoop will complement EisnerAmper's national real estate group...
ENV’s Grant named ULI NNJ co-chair, as Violet PR’s Johnson begins second term
Dan Grant (left) and Dan Johnson By Joshua Burd The Urban Land Institute Northern New Jersey has welcomed ENV Architects’ Dan Grant as co-chair of its district council, a post he’ll hold alongside Violet PR’s Dan Johnson as the latter begins a second term in the role....
SLIDESHOW: Capital at the Crossroads
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INDUSTRIAL
Site strategy: How investors large and small are driving New Jersey’s industrial outdoor storage market
Alterra IOS' growing portfolio in New Jersey includes a 4.9-acre industrial outdoor storage parcel at 223 Paulsboro Road in Swedesboro. — Courtesy: Alterra IOS By Joshua Burd It’s the type of interaction that Blake Chroman is happy to leave in the past. Five to 10...
Chung joins SJP Properties as head of acquisitions
Paul Chung By Joshua Burd SJP Properties has welcomed Paul Chung as its head of acquisitions, a move that will support its continued growth in the New York and New Jersey region and parts of the Southeast. According to the firm, Chung comes to the role with more than...
BRC: Indoor entertainment park leases 29,000 sq. ft., expanding recreation lineup at Plainfield flex property
900 North Ave. in Plainfield — Courtesy: Bussel Realty Corp. By Joshua Burd A new indoor family entertainment destination is coming to Plainfield, where it’s leasing more than 29,000 square feet at a revitalized industrial property. The operator, Slick City Action...
RESIDENTIAL & MIXED USE
C&W: Advance eyes 524-unit fourth phase in Harrison with new equity partner, $173 million construction loan
Located on South Fifth Street in Harrison, the fourth phase of Advance Realty Investors’ Riverbend District is slated to include 524 market-rate apartments, more than 12,000 square feet of ground-floor retail space and a 355-space parking garage. — Rendering courtesy:...
Buyer wanted for 298,000 sq. ft. highway power center in Howell, JLL says
Howell Commons at 4799 Route 9 North in Howell — Courtesy: JLL By Joshua Burd The owner of a top-performing shopping center in Howell has listed it for sale, brokers with JLL announced, touting its Route 9 location and well-established roster of national retailers....
Westfield retail building with approvals for new apartments trades for $3.7 million, Kislak says
A development site at 184 Elm St. in Westfield has changed hands with approvals to build two stories with 10 apartments atop an existing 6,000-square-foot retail building. — Courtesy: The Kislak Co. Inc. By Joshua Burd A developer has acquired a commercial building in...
OFFICE
JLL: Bergman, partners secure $15.4 million loan for Princeton-area office building
500 College Road East in Plainsboro — Courtesy: JLL By Joshua Burd A venture led by Bergman Real Estate Group has scored new financing for a nearly 161,000-square-foot office building outside Princeton, brokers with JLL announced this week. According to a news...
Chung joins SJP Properties as head of acquisitions
Paul Chung By Joshua Burd SJP Properties has welcomed Paul Chung as its head of acquisitions, a move that will support its continued growth in the New York and New Jersey region and parts of the Southeast. According to the firm, Chung comes to the role with more than...
Signature leases 30,000 sq. ft. in Parsippany to consumer goods maker, headlining Q2 deals
300 Kimball Drive in Parsippany — File photo (courtesy: JLL) By Joshua Burd Signature Acquisitions has secured a new tenant at a Parsippany office building, leasing nearly 30,000 square feet to a global consumer goods manufacturer. The deal with Groupe SEB, which has...
RETAIL
Kislak lists turnkey 6,200 sq. ft. restaurant, event space with liquor license in Tenafly
The Demarest-Lyle House at 91 West Clinton Ave. in Tenafly — Courtesy: The Kislak Co. Inc. By Joshua Burd A historic restaurant and event space in Tenafly is on the market for sale, providing what brokers say is a turnkey opportunity with everything down to the liquor...
LMC: PopUp Bagels, eyeing major expansion, opens first New Jersey location in Westfield
PopUp Bagels occupies a freestanding 1,500-square-foot building at 220 South Ave. in Westfield. — Images courtesy: Levin Management Corp. By Joshua Burd PopUp Bagels has arrived in Westfield, marking the concept’s first New Jersey location ahead of an expansion that...
‘Eatertainment’ concept with 35-foot-wide LED screen opens at KRE rental property in Bayonne
Haven House occupies ground-floor commercial space at Bay 151, KRE Group’s new 625-unit luxury rental community at 151 Centre St. Route 440 in Bayonne. — Photos courtesy: Haven House By Joshua Burd KRE Group has welcomed a new restaurant to Bay 151, its 625-unit...
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Recent Stories
C&W: Advance eyes 524-unit fourth phase in Harrison with new equity partner, $173 million construction loan
Located on South Fifth Street in Harrison, the fourth phase of Advance Realty Investors’ Riverbend District is slated to include 524 market-rate apartments, more than 12,000 square feet of ground-floor retail space and a 355-space parking garage. — Rendering courtesy:...
Buyer wanted for 298,000 sq. ft. highway power center in Howell, JLL says
Howell Commons at 4799 Route 9 North in Howell — Courtesy: JLL By Joshua Burd The owner of a top-performing shopping center in Howell has listed it for sale, brokers with JLL announced, touting its Route 9 location and well-established roster of national retailers....
Westfield retail building with approvals for new apartments trades for $3.7 million, Kislak says
A development site at 184 Elm St. in Westfield has changed hands with approvals to build two stories with 10 apartments atop an existing 6,000-square-foot retail building. — Courtesy: The Kislak Co. Inc. By Joshua Burd A developer has acquired a commercial building in...
RXR, Dogdrop ink lease in Jersey City for dog daycare’s first New Jersey location
Founded in Los Angeles, Dogdrop offers a flexible, membership-based model that never requires an appointment, so dog parents pay only for the time they use, from a single hour between meetings to a full day of play. Membership includes access to any location across...
