Professional Services
CBRE adds retail specialists Munley, Behr to capital markets team

Veteran brokers Chris Munley and Colin Behr have joined CBRE to focus on sales of open-air, multitenant retail properties throughout the Mid-Atlantic and Northeast regions.

Office
GTL Construction unveils lobby renovations at New Brunswick office building

GTL Construction has announced the completion of an 8,400-square-foot lobby renovation in downtown New Brunswick.

Residential & Mixed Use
CBRE: First piece of NRIA portfolio trades as Hoboken development site fetches $8.5 million

A private investor has acquired a multifamily development site in Hoboken, marking the first trade involving the portfolio of the disgraced firm National Realty Investment Advisors LLC.

Industrial
Endurance, PCCP sell 342,000 sq. ft. light industrial portfolio in Burlington, Gloucester counties

A joint venture has sold more than 340,000 square feet of industrial space in Delran and Swedesboro after having acquired the buildings at the start of the COVID-19 crisis.

Retail
Macy’s to bring new small-format stores to grocery-anchored centers in Mount Laurel, Ramsey

Macy’s is bringing its highly touted small-format stores to Mount Laurel and Ramsey, marking two of the first New Jersey locations for the concept under a recently announced expansion.

Retail
How growth-hungry franchises have become a driving force for CBRE’s AmecAngelo team

The AmecAngelo team has filled its pipeline in recent years with national assignments for Paris Baguette and other fast-growing chains, displaying a broad reach from their office in East Brunswick. The brokers have closed more than 100 deals this year alone on behalf of clients they represent throughout the U.S. and in preferred markets, while they expect that momentum to continue amid sustained demand for food-, fitness- and service-based retail.

Retail
Goldstein Group: Paris Baguette leases 4,700 sq. ft. for newly opened store in Paramus

Paris Baguette has opened a new location in the region after taking nearly 5,000 square feet at a Paramus shopping center, brokers with The Goldstein Group announced this week.

Event Coverage
NAIOP New Jersey honors seasoned executives, aspiring leaders at annual awards dinner, in show of strength for state’s commercial real estate industry

Commercial real estate leaders descended on East Rutherford on Monday night for NAIOP New Jersey’s annual President’s Awards and Hall of Fame Dinner, where the chapter honored a group of well-known executives and service providers for their contributions to the industry.

Cover Story
The next chapter: Inside 601W’s plan to reposition Jersey City’s iconic Harborside office complex

Manhattan-based 601W Cos. is advancing its plans to reposition Harborside buildings 1, 2 and 3 in Jersey City, a nearly 2 million-square-foot office complex along the Hudson River, after acquiring the property from Veris Residential Inc. for $420 million.

Office
Blau & Berg inks 6,100 sq. ft. office sale in Millburn

More than 6,000 square feet of office space along a key thoroughfare in Millburn has changed hands, in a newly announced deal by The Blau & Berg Co.