Featured

KRE Group debuts final rentals in 239-unit East Hanover redevelopment project

KRE Group has opened the final building at a new 239-unit luxury rental property in East Hanover, bringing a new use to a former corporate campus less than a mile from Route 10.

Industrial

Terentjev joins Sagard Real Estate as director, acquisitions, in Northeast

Sagard Real Estate has appointed Belah Terentjev as a director of acquisitions, as it looks to grow its portfolio across the Northeast.

Photos

In the Moment: Onyx cofounders receive Kislak Institute’s Leadership Excellence Award

From left: Cynthia Daly, interim director of the Kislak Real Estate Institute at Monmouth University, presented the program’s Leadership Excellence Award on May 29 to Onyx Equities cofounders Jonathan Schultz and John Saraceno Jr., who received the honor on behalf of their Woodbridge-based firm. The company is behind many of New Jersey’s most complex and high-profile development projects and investments that have repositioned major commercial properties, including the 2 million-square-foot Northeast Science & Technology Center at the former Merck & Co. campus in Kenilworth, as well as the modernization of the four-building, 2.3 million-square-foot Gateway office complex in Newark.

Office

Avison Young named leasing agent for 151,000 sq. ft. Fair Lawn office building

Atkins Cos. has picked Avison Young as its leasing team for more than 151,000 square feet of medical and professional office space in Fair Lawn.

Hospitality & Tourism

Development group crafting plans for Freehold Raceway after acquiring iconic horse track

A development group has acquired the historic Freehold Raceway property, marking a first step toward repurposing the horseracing track after it succumbed to years of declining business.

Finance & Capital Markets

Developers land $58 million construction loan for 197-unit Bayonne rental project, C&W says

The developers of nearly 200 new apartments in Bayonne have secured $58 million in construction financing for the project, in a transaction arranged by Cushman & Wakefield.

Denholtz to mentor, partner with veterans in new alliance with 10X Vets

Denholtz has launched a new program with 10X Vets, eyeing mentorship and partnership opportunities with the business and real estate network for military veterans.

Residential & Mixed Use

Malas acquires second parcel in Teaneck, eyeing 248-unit second phase of The Marq

Malas Development has closed on its acquisition of 2.5 acres in Teaneck, clearing the way for the second phase of a newly opened apartment building near Route 4.

Retail

Nothing Bundt Cakes takes 1,800 sq. ft. at Flemington Marketplace, LMC says

Nothing Bundt Cakes is coming to a 239,000-square-foot shopping center in Flemington, adding to its footprint in New Jersey and a vast portfolio of stores in North America.

Retail

CPN: Jazzercize owner inks 1,300 sq. ft. lease in Pennington

A local Jazzercize business has taken nearly 1,300 square feet at a Mercer County commercial complex, in a newly announced deal by Commercial Property Network Inc.