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.

People
New brokerage targeting multifamily, commercial sales

Frank Somma By Joshua Burd The co-founder of a longtime North Jersey brokerage firm is starting a new venture. Frank Somma, an industry veteran of more than 40 years, announced recently the formation of Somma Associates LLC. The new firm…

People
Hackensack firm hires two VPs in Jersey City expansion play

Alexander Anderson Real Estate Group has hired executives for two newly created positions as part of an effort to make inroads into Jersey City.

Office
New dental practice takes over Hackensack building

NAI James E. Hanson has brokered a 1,025-square-feet office lease between a Hackensack landlord and a dental practice, the firm said Thursday.

Residential & Mixed Use
Hackensack seeks developer for mixed-use site

As new construction activity heats up in downtown Hackensack, the city is now seeking a developer to transform a parking lot into a mixed-use “gateway” to its central business district.

Retail
Sanzari inks renewals at Hackensack retail plaza

Four tenants have renewed leases totaling 10,250 square feet at a 100,000-square-foot shopping center in Hackensack, the property’s owner announced Monday.

Community
NAI Hanson’s first-ever company softball game

NAI James E. Hanson President, Bill Hanson, was joined by Hackensack Mayor, John Labrosse, before the honorary opening pitch of NAI Hanson’s first company softball game at Foschini Park on Thursday, September 22. By Real Estate NJ More than 25…