Friends, former colleagues and longtime clients have been paying tribute to the late Stanley Simon, the longtime head of Jacobson Goldfarb & Tanzman LLC, as a “true gentleman” who was among the most effective, honest and respected figures in New Jersey commercial real estate — one who groomed and influenced many of the state’s top brokers.
The Society of Industrial and Office Realtors’ New Jersey chapter presented its annual largest deal awards last week, showcasing some of the industry’s top transactions of 2018.
A pipeline of new ground-up construction projects is taking shape at Prism Capital Partners’ ON3 campus in Nutley and Clifton, including some 400,000 square feet of laboratory space, a new medical office building and a dual-branded 255-room hotel.
A pair of top industrial developers offered a glimpse at two of New Jersey’s largest warehouse and logistics projects, detailing plans that would add nearly 7 million square feet across two coveted submarkets.
As tenants adopt a more regional approach to industrial space, New Jersey brokers must do the same and expand their focus to the Lehigh Valley and other neighboring markets. Brokers now have an opportunity to provide their clients with additional options beyond the core submarkets of northern and central New Jersey, developers say, noting that many regional tenants have already grown comfortable with casting a wider net.
B6 Real Estate Advisors, the new brokerage firm launched by Paul J. Massey Jr., has named industry veteran David A. Simon as its top executive in New Jersey.
Many of the state’s top commercial brokers gathered recently for an annual event hosted by the Society of Industrial and Office Realtors, where the organization recognized some of the Garden State’s top deals of 2017.