Petrucci inks 30,000 sq. ft. lease at East Orange industrial project, CBRE says

11-41 Sussex Ave. in East Orange — Courtesy: CBRE By Joshua Burd An industrial user has leased more than 30,000 square feet at a newly built property in East Orange, under a transaction announced by brokers with CBRE. The real…

Woodmont hails 16 awards from builders, contractors association

Stephen Santola (left), executive vice president and general counsel of Woodmont Properties, and Lewis Zlotnick, the firm’s president, are pictured at Woodmont Townsquare, part of the Washington Square Town Center project in Washington Township. — Photo by Aaron Houston for…

Hudson County: NorthMarq inks $69 million refi for affordable housing properties

Eastview Apartments in Hoboken — Courtesy: NorthMarq By Joshua Burd The owner of four affordable housing properties in Hudson County has refinanced for $69 million, in a transaction arranged by NorthMarq’s northern New Jersey office. In a news release, the…

Chiropractor expands with fourth Cherry Hill office, Vantage RES says

1034 Route 70 East in Cherry Hill — Courtesy: Vantage RES By Joshua Burd A chiropractor has added its fourth location in Cherry Hill, inking a long-term lease at a medical office building along the Route 70 business corridor. Vantage…

Marcus inks $17 million sale of net-leased retail property

4323 Barclay Downs Drive in Charlotte, North Carolina By Joshua Burd A private investor has sold an 84,000-square-foot retail property in North Carolina, under a newly completed deal by Marcus & Millichap’s New Jersey office. The firm announced last week…

Creating the “New” New Jersey through market-driven planning

One Geoffrey Way in Wayne — Courtesy: CBRE By Robert L’Abbate, First Vice President, CBRE     Real estate development in Northern New Jersey has experienced some seismic shifts in the past couple of years, most notably, a transition from…

We need more than a name change

By Michael G. McGuinness People often spend considerable time coming up with a new name to call attention to something, especially if it has undergone a positive change. That makes sense in the world of marketing or to denote ownership.…

NAIOP reveals 2019 slate of honorees, hall of fame inductees

By Joshua Burd A group of top development executives and industry professionals will take center stage in early November when NAIOP New Jersey hosts its fall awards dinner and hall of fame induction. The chapter on Wednesday announced the lineup…

Hoboken multifamily owner inks $36 million in loans, CBRE says

332 Jefferson St. in Hoboken — Courtesy: CBRE By Joshua Burd The owner of two Hoboken apartment buildings with a combined 131 units has secured $36 million in financing, under a transaction arranged by CBRE. Brokers with the firm represented…

Onyx touts new hires, including senior staff members, to support growing portfolio

1 Turnpike Plaza in Woodbridge — Courtesy: Onyx Equities By Joshua Burd Onyx Equities LLC has announced several new hires in finance, development and construction management as it continues an aggressive expansion and diversification of its portfolio. The Woodbridge-based firm…