Professional Spotlight
Najarian Associates

Najarian Associates proudly serves residential and commercial land developers, land use and environmental attorneys, and we represent and maintain relationships with public-sector (county, municipal) clients, as well as environmentally focused commissions and other related groups.

Retail
Plans to revamp mall parcels with new apartments, public space taking shape across New Jersey

Redevelopment is coming to some of New Jersey’s largest malls, as owners and local officials weigh plans to add apartments, health care facilities and vibrant public spaces meant to infuse them with new foot traffic. Proponents say the projects are essential to the long-term health of even the most successful assets. In other cases, they’re a potential lifeline to once-dominant shopping hubs that have become obsolete and seen their values plummet in recent years.

Retail
Kushner, Whole Foods ink lease in Eatontown as Monmouth Mall redevelopment moves ahead

Kushner Cos. has signed a 40,000-square-foot lease to bring Whole Foods to Eatontown, landing a key tenant as it advances its plan to transform the sprawling Monmouth Mall property.

Government & Public Policy
Netflix wins state approval to build $900 million studio hub at Fort Monmouth

State officials have approved Netflix’s bid to acquire nearly 300 acres at the former Fort Monmouth property, where it plans to build 12 soundstages totaling nearly 500,000 square feet and other facilities with a combined investment of more than $900 million.

Retail
Owner of 700,000 sq. ft. shopping center, net-leased portfolio taps LMC for new assignment

Levin Management Corp. has secured a new assignment to oversee a sprawling portfolio of shopping centers and net-leased property in and around New Jersey.

Industrial
E-commerce firm takes 54,000 sq. ft. at Denholtz-owned property in Eatontown

An affiliate of Denholtz Properties has leased 54,000 square feet of commercial space in Eatontown to a Brooklyn-based e-commerce company, according to Zimmel Associates.

Government & Public Policy
Steadman retiring as FMERA executive director, with Kopach set to take the helm

The state agency that guides redevelopment of the iconic 1,100-acre Fort Monmouth property will soon have its first new leader in more than a decade.

Industrial
Resource Realty completes 150,000 sq. ft. of central New Jersey transactions

A private investor has purchased a 68,000-square-foot industrial space in Eatontown for nearly $7.5 million, in one of several recent transactions by Resource Realty.

Office
Ripco: Buyer wanted for net-leased, 138,000 sq. ft. property in Eatontown

A nearly 140,000-square-foot commercial property in Eatontown is on the market for sale, with the potential to command offers of more than $40 million.

Professional Services
Veteran finance exec rejoins FirstService Residential on east region team

FirstService Residential has named a new executive vice president of finance for its east region, tapping a former member of its team who is returning after two years.