Page 5 - RE-NJ

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CONT E N T S
FEBRUARY 2025
Features
Going Public
New phases taking shape at The Park as Connell’s
plan for resort-style, community-facing campus
advances in Berkeley Heights
All Inclusive
How Fidelco is
using shared
amenities, diverse
tenant mix to
revive Newark
offi ce tower
Buzzworthy
Apartments bringing new life, new future to
Newark’s historic Ballantine Brewery site
Departments
The Briefi ng
NAI Hanson acquires Garibaldi Group to
combine storied fi rms, plus other top stories in
commercial real estate
Deal Sheet
A roundup of CRE leases, sales and fi nancing
Policy Page
CRE leaders hopeful after Murphy signs law to
boost viability, eligibility of Aspire projects
People on the Move
New hires and executive moves
ON THE COVER: Slated to open
in 2026, a new entertainment
building at The Park in
Berkeley Heights will bring a
brewery, multiple restaurants
and bowling lanes to The
Connell Co.’s fl agship campus.
— Rendering by Minno &
Wasko Architects and Planners/
Courtesy: Connell
90,720 SF - 332,640 SF FOR LEASE
LINCOLN LOGISTICS BAYONNE
1 0 1 P O R T L I N C O L N R O A D , B A Y O N N E , N E W J E R S E Y 0 7 0 0 2
F O R M O R E S C H E D U L E I N F O R M A T I O N A T O U R O R T O
C O N TA C T:
NEW YORK CITY
±5.4 ACRES OF PARKING
332,640 SF AVAILABLE
THOMAS F. MONAHAN
Vice Chairman
+1 201 712 5610
[email protected]
LARRY SCHIFFENHAUS
Executive Vice President
+1 201 712 5809
[email protected]
BRIAN GOLDEN
Executive Vice President
+1 201 712 5607
[email protected]
D I V I S I O N P O S S I B L E // A D D I T I O N A L ± 5 . 4 A C R E S O F PA R K I N G AVA I L A B L E
NEW CONSTRUCTION AVAILABLE NOW
l i n c o l n l o g i s t i c s b a y o n n e . c o m