The Silverman Group has sold a fully leased, 42,000-square-foot office building in Summit, brokers with Cushman & Wakefield announced Wednesday.
More than 200 members of New Jersey’s commercial real estate sector turned out to honor Christopher Johnson of Hollister Construction Services, raising more than $375,000 for an annual event hosted by the March of Dimes North Central New Jersey.
Saxum Real Estate has landed in Austin for its first investment under the federal Opportunity Zone program, teaming with a local developer to acquire a site for a new ground-up office building.
Red Bank is now embracing redevelopment and smart growth concepts more than it has in recent memory, insiders say, as evidenced by the growing list of projects that are now under construction or in its pipeline. That embrace is a long time coming for developers that have seen all the community has to offer — from its popular downtown to the Navesink River waterfront, along with a rich cultural scene and an affluent population.
The founders of Hollister Construction Services have turned over the reins to a new crop of top executives, as its longtime CEO transitions to a strategic role outside of day-to-day management.
Development and investment firm Saxum Real Estate has launched a $100 million fund dedicated to projects in newly created federal Opportunity Zones, as it prepares for the program’s highly anticipated rollout later this year.
Saxum Real Estate has closed on its second property in Madison, acquiring a 19,700-square-foot medical office building in the borough’s downtown.