A boutique fitness chain and a tutoring business have leased a combined 4,800 square feet in Short Hills, under a set of newly completed transactions by Cushman & Wakefield.
In less than five years, a Livingston-based firm that helps landlords manage their energy costs is now serving more than 80 million square feet of residential and commercial space from New Jersey to California, with a client list that is a who’s who of major owners and operators.
Newark’s dedicated blue-chip employers and anchor institutions have virtually all expanded or made commitments to grow, leading to billions of dollars’ worth of new commercial development. It’s a major reason why developers believe the time is right to, once and for all, bring new market-rate apartments to Newark’s central business district.
An insurance company has sold and leased back the majority of a two-building office portfolio in Red Bank, brokers with Newmark Knight Frank announced last week.
Integrated Business Systems has added to its team with the hiring of a new a consultant for the firm’s software for the commercial real estate and manufacturing sectors.
Splendor Design Group will celebrate its 20th anniversary in business in August — and it has grown in recent years thanks in large part to the commercial real estate sector. Five years ago, Taylor said, real estate companies accounted for 20 percent of its total clientele. Today, 60 percent of its customer roster comes from commercial real estate — with clients including SJP Properties, Onyx Equities, Langan and J&L Cos. Those clients have turned to Splendor Design for a major injection of energy into their branding and marketing efforts.
The owner of a three-building, 144-unit apartment complex in Somerset County is seeking a buyer for the market-rate property.
NAI James E. Hanson opened its new 17,000-square-foot headquarters in Teterboro last fall, honoring its past while creating a modern workplace for its brokers, property managers and other employees.
A software developer that helps landlords manage their energy costs has unveiled a new tool aimed at streamlining procurement, seeking to find additional savings for building owners.