Residential & Mixed Use
Developers buy Hackensack site for redevelopment, Alexander Anderson says

Developers plan to convert an office building in downtown Hackensack into 90 luxury apartments after acquiring the property for $2.5 million, according to brokers in the deal.

Government & Public Policy
Hackensack firm unveils new Bergen County gov’t complex

A locally based architecture firm its touting the opening of a modern, $140 million county government building that it designed in the heart of downtown Hackensack.

Professional Services
Ex-Giants punter turned broker joins Savills Studley

A former New York Giants punter and Super Bowl champion has found a new home team in northern New Jersey — commercial real estate firm Savills Studley.

People
New senior leasing agent joins LMC

Levin Management Corp. has added a 10-year retail leasing veteran to its team.

Residential & Mixed Use
Brooklyn firm buys Hackensack warehouse for loft redevelopment

A developer plans to convert a historic warehouse building in downtown Hackensack into loft apartments, as part of the Brooklyn-based firm’s first multifamily investment in New Jersey.

Residential & Mixed Use
Russo, Hornrock picked for ‘gateway’ project in Hackensack

Hackensack city officials have picked Hornrock Properties and Russo Development to transform a 4.3-acre parking lot into a mixed-use complex with 338 residential units and retail space.

Residential & Mixed Use
Syndication group finds first deals in Essex, Bergen counties

The newly formed syndication arm of an area real estate firm has made its first two deals, closing on vacant office buildings in Newark and Hackensack that it now plans to reposition.

Residential & Mixed Use
Hackensack apartments change hands for $6.1M

The Kislak Co. Inc. has arranged the $6.1 million sale of a 40-unit garden apartment complex in Hackensack, marking the second-highest per unit price recorded for such a property in the city.

Residential & Mixed Use
‘Uber does have a part to play’ in CRE, company official tells NAIOP members

Uber may have unveiled a new partnership with a New Jersey developer earlier this week, but it’s just one of the steps that the ridesharing service has taken — and is planning for the future — to work hand in hand with the real estate industry and other business sectors.

A company official detailed some of those other affiliations last week, speaking directly to a crowd of NAIOP New Jersey members and professionals in Elizabeth.

Professional Services
Growth in 2016 fuels hiring by design firm DMR

DMR Architects has added 10 new team members in 2016, expanding its staff by nearly 33 percent as it responds to a 30 percent growth in billing during the year.