Herskowitz joins SAGE Investment Real Estate Advisors as principal

SAGE Investment Real Estate Advisors has welcomed veteran multifamily broker Eli Herskowitz as the newest principal with its Morristown-based team.

Mahoney named principal with Gensler’s Morristown office

Gensler has named longtime architect Erin Mahoney as the latest principal in its Morristown office, touting her technical prowess and her more than 25 years of experience.

Community Builders hosts launch party with who’s who of Morristown, North Jersey real estate (SLIDESHOW)

Community Builders NJ Inc., a Morristown-based construction and facility management firm, has officially opened its doors with a recent launch party that drew more than 150 commercial real estate leaders from across northern New Jersey.

Community Builders hosts launch party with who’s who of Morristown, North Jersey real estate (SLIDESHOW)

Community Builders NJ Inc., a Morristown-based construction and facility management firm, has officially opened its doors with a recent launch party that drew more than 150 commercial real estate leaders from across northern New Jersey.

Sweetgreen, first retailer at SJP’s M Station, opens its doors in downtown Morristown

Fast-casual restaurant Sweetgreen has opened at the M Station campus in Morristown, marking the debut of the first retail tenant at the high-profile development by SJP Properties.

Sweetgreen, first retailer at SJP’s M Station, opens its doors in downtown Morristown

Fast-casual restaurant Sweetgreen has opened at the M Station campus in Morristown, marking the debut of the first retail tenant at the high-profile development by SJP Properties.

Spasov joins Community Builders as construction manager, partner

Community Builders, a new employee-owned construction firm based in Morristown, has hired Niko Spasov as a construction manager and partner.

Hampshire sells newly completed, 85-unit luxury rental property in Morristown

The Hampshire Cos. has sold an 85-unit apartment building in Morristown that it unveiled last year at a site near NJ Transit rail service and just west of Interstate 287.

Bearing fruit

I’m as guilty as anyone of overusing words like “transformative” when it comes to major redevelopment projects. But it seems in some instances like there’s no avoiding it. A case in point is a plan for Woodbridge’s Metropark train station, where surface parking lots will become a new office and ambulatory care center spanning nearly 250,000 square feet, as well as 235 luxury apartments and retail space. If you ask me, that seems transformative enough.

Our cover story this month is a deep dive on that project, which Hackensack Meridian Health unveiled in early March alongside Gov. Phil Murphy and a team that includes Russo Development, Onyx Equities and Dinallo Development.

Morristown, Silverman Group reach $5.5 million settlement in lawsuit over scuttled Deloitte deal

Morristown will pay $5.5 million to settle a lawsuit with the Silverman Group after the developer alleged the mayor thwarted a deal to bring Deloitte LLP to one of its properties, instead steering the accounting giant to its eventual home at the M Station campus.