HFF: Buyer wanted for 119,000 sq. ft. office building in Montvale

The owner of a 119,000-square-foot office building in Montvale, which houses the U.S. headquarters of a well-known travel company, has put the building on the market.

Amboy Bank chairman Scharpf dies at 78

Amboy Bank is mourning the death of its longtime leader, George E. Scharpf, who spent more than 50 years with the Old Bridge-based community lender.

The changing landscape of stormwater management: New rule will require innovative techniques

On Dec. 3, the New Jersey Department of Environmental Protection published amendments to the state’s Stormwater Management Rule (NJAC 7.8) that, when adopted, will change fundamentally the way stormwater management systems are designed in New Jersey. The key amendment will replace the existing requirement, which asks developers to incorporate so-called non-structural strategies “to the maximum extent practicable,” with a firm requirement to use a technique known as green infrastructure in new development.

BRC touts lease-up of new flex, incubator park in South Plainfield

A newly built, 54,000-square-foot flex industrial park in South Plainfield is now fully leased after a year-long effort by Bussel Realty Corp.

Mack-Cali sells Westchester industrial park for $70 million

Mack-Cali Realty Corp. has reaped more than $70 million from the sale of a six-building industrial park in Westchester County, New York, its latest move to exit the flex warehouse business as it focuses on the Hudson waterfront in New Jersey.

A winning formula: How CBRE helped engineer some of New Jersey’s top office sales

In a time when investors have reaped windfalls from upgraded office buildings in New Jersey, CBRE’s capital markets team has been on the front lines — spearheading a host of high-profile deals involving newly stabilized, Class A buildings in the state.

NAI DiLeo-Bram mourns Jeffry Jones

The state’s commercial real estate community is mourning the loss of Jeffry Jones, a longtime broker with NAI DiLeo-Bram & Co.

NKF: New Jersey office market bounces back, gains new ground in 2018

A stronger 2018 helped New Jersey’s office market reverse the losses of the prior two years, Newmark Knight Frank found, thanks in part to healthier demand and leasing in some of the state’s key submarkets.

CBRE: Online returns, ‘reverse logistics’ fuel added demand for industrial space and 3PLs

The e-commerce explosion has fueled a surge in online returns — especially during the holiday season — driving additional demand for industrial space in New Jersey and nationally.

RKF named leasing agent for Maxwell’s in Hoboken

The owner of a landmark music venue and restaurant in Hoboken has hired RKF to market the property to prospective new tenants.