Government & Public Policy
Oliver talks DCA changes, affordable housing at NAIOP forum

State officials are weighing their options for modernizing the Department of Community Affairs, Lt. Gov. Sheila Oliver said last week, from electronic permitting to the potential to allow municipalities to privatize code enforcement. Far less certain is how they will tackle more high-profile issues such as affordable housing, shared services and the tax credit programs that have fueled development in recent years.

Office
Saxum names new director of leasing

Saxum Real Estate has hired a new director of leasing for its growing roster of downtown commercial buildings.

Retail
CBRE brokers sale of Chase portfolio in Montclair

JPMorgan Chase & Co. has sold three properties in Montclair for a combined $4 million, in a recent transaction arranged by brokers with CBRE.

Residential & Mixed Use
Montclair apartment building hits leasing milestone

A newly built, 40-unit luxury apartment building in Montclair is fully leased.

Office
Downtown Montclair buildings are latest acquisitions for Saxum

Saxum Real Estate has expanded its holdings in downtown Montclair with the acquisition of two neighboring properties, including a 25,000-square-foot former bank building.

Residential & Mixed Use
New realty group launches in Montclair

A new real estate agency has opened a 1,500-square-foot office in Montclair, with an eye toward serving the residential market in northern New Jersey.

Residential & Mixed Use
CBRE touts $19.3 million in Essex County multifamily sales

More than 230 apartment have changed hands in Essex County as part of nine multifamily investment sales brokered this year by CBRE.

Residential & Mixed Use
Developer, arts organization ink lease at new Montclair rental project

An arts organization will occupy the ground floor of a new apartment building in downtown Montclair, as its developer nears the completion of leasing at the 40-unit property.

Retail
Smoothie chain adds three N.J. stores, Goldstein Group says

A growing chain focused on smoothies and acai bowls is adding new locations in Essex and Ocean counties, following three transactions arranged by The Goldstein Group.

Professional Services
AY names three new principals from N.J. project management team

Avison Young has promoted three members of its project management team to the level of principal in its New Jersey office, the real estate services firm announced Friday.