Retail
Former drive-in movie site in Wayne trades for $1.1 million, CBRE says

A private investor has purchased a 1.6-acre development site in Wayne for $1.1 million, in a newly announced deal by CBRE.

Finance & Capital Markets
Spark GHC snags $19.5 million loan to acquire Wayne hotel, Cronheim says

An investor has landed a $19.5 million acquisition loan in connection with a five-year-old hotel property in Wayne, according to brokers with Cronheim Hotel Capital.

Roundtable
Tell us about a new design or construction trend that you’re seeing in the industrial sector.

Tell us about a new design or construction trend that you’re seeing in the industrial sector. We assembled a panel of industry experts to tackle this month’s question.

Retail
Bennett Realty touts momentum at midyear after series of restaurant, retail deals in first half

Nearly a dozen restaurants, medical practices and other retail users are expanding in the region amid a flurry of newly announced leases by Bennett Realty & Development.

Retail
Investor buys 68,000 sq. ft. Wayne retail property in one of two Goldstein Group sales

An investment group has sold 68,000 square feet of highway retail space in Wayne, in one of two newly announced deals by The Goldstein Group.

Office
NAI Hanson: Mental health agency expands to Wayne with new 5,000 sq. ft. lease

A nonprofit mental health agency has expanded after taking 5,000 square feet at a Wayne office building, brokers with NAI James E. Hanson announced Thursday.

Office
Martial arts school takes 7,400 sq. ft. at Wayne office building, Newmark Associates says

A martial arts academy is expanding with a newly completed lease at a Wayne office building, brokers with Newmark Associates announced recently.

Features
Pickleball users snapping up retail, industrial space as sports craze spreads in New Jersey

A nationwide post-pandemic fitness trend is also a real estate trend in New Jersey, as indoor pickleball facilities fill available spaces throughout the state.

Retail
Retail properties in Paramus, Wayne change hands in latest deals by The Goldstein Group

A business owner has acquired a nearly 17,000-square-foot retail building in Paramus, in one of two newly announced deals by The Goldstein Group.

Current Issue
Owners Council Q&A: Lou March

I feel like we’re in the starting gates at the Kentucky Derby, with immense potential waiting to be unleashed. Unfortunately, the gates remain locked by the financial markets. Until the lending environment opens up, that energy is being held back, and we’re all ready to run.