Residential & Mixed Use
Value Cos. completes first round of energy upgrades at North Jersey rental properties

Value Cos. Inc. has completed the first phase of energy efficiency upgrades at five North Jersey apartment properties, providing major benefits to residents of nearly 1,000 units.

People
Pizzolato joins CBRE debt, structured finance team as senior vice president

CBRE has bolstered its debt and structured finance team in New Jersey with the addition of broker Matthew Pizzolato as a senior vice president.

Professional Services
Veteran real estate attorney Bandazian joins Giordano Halleran as shareholder

Longtime commercial real estate attorney Khoren Bandazian has joined Giordano, Halleran & Ciesla PC as a shareholder, the Red Bank-based firm announced Wednesday.

Professional Services
CBRE promotes Forcello to New Jersey market leader, senior managing director

Will Forcello has taken the reins as CBRE’s market leader in New Jersey, assuming the post after serving in an interim role since late last summer.

Industrial
Sitex taps NAI Hanson as leasing team for 623,000 sq. ft. industrial park in Saddle Brook

Sitex Group has picked NAI James E. Hanson as its leasing team for the 50-building, 623,000-square-foot Zuckerberg’s Industrial Park in Saddle Brook.

Industrial
Deugen: Construction underway for new U-Haul storage, truck rental complex in Saddle Brook

Deugen Design Build has broken ground in Saddle Brook on a new 125,000-square-foot self-storage and truck rental facility for U-Haul International.

Industrial
Sitex Group touts 350,000 sq. ft. in Q3 leasing volume, its most ever for a single quarter

Sitex Group is marking its largest quarterly leasing total in its 23-year history, touting a stretch in which it secured tenants for nearly 350,000 square feet of industrial space.

Finance & Capital Markets
Litwack joins Marcus & Millichap Capital Corp. as managing director in New Jersey office

Marcus & Millichap is expanding its capital markets financing arm in New Jersey with the hiring of Mark Litwack as a managing director.

Industrial
CenterPoint hires Rosenbaum as senior vice president of investments in east region

CenterPoint Properties has added a key team member in New Jersey and surrounding markets, tapping Roy Rosenbaum as senior vice president of investments for its east region.

Hospitality & Tourism
Marriott Saddle Brook debuts first piece of $15 million renovation (SLIDESHOW)

The owner of the 244-room Marriott Saddle Brook has unveiled the first phase of a $15 million renovation of the historic hotel, a familiar sight to motorists in northern New Jersey.