Retail
March Construction eyes spring 2024 delivery for newest Wayne retail center

Construction is underway on a new ground-up retail center in Wayne that will bring a mix of eateries and services to one of the township’s busiest shopping corridors.

Residential & Mixed Use
C&W: Pomeranc Group buys 465-unit Wayne rental property, inks $98 million acquisition loan

The Pomeranc Group has acquired a 465-unit apartment complex in Wayne, having also secured nearly $98 million in Fannie Mae financing for the deal.

Professional Spotlight
Valley Bank

Valley represents a diverse community of commercial real estate investors and developers. Our focus has been more building strong relationships with clients, whether they are small commercial real estate owners and investors or some of New Jersey’s largest commercial real estate developers. One of the things we’re most proud of is that we’ve been able to grow with our clients along the way, sharing in many successes throughout the years.

Retail
March Associates taps RIPCO as property manager for 50,000 sq. ft. Wayne retail center

March Associates Construction has hired RIPCO Real Estate to manage its recently built, 50,000-square-foot retail center in Wayne.

Industrial
Donnelly completes walls, steel for new 26,000 sq. ft. Wayne industrial project

Donnelly Construction has erected walls and steel for a nearly 26,000-square-foot warehouse in Wayne that’s on track to open by this spring, the firm announced Tuesday.

Industrial
Donnelly breaks ground on 25,000 sq. ft. warehouse project in Wayne

Construction is underway for a new 25,000-square-foot industrial building in Wayne, one of two that a development team is planning for a site just west of routes 23 and 202.

Health Care & Education
NAI Hanson completes lease to bring primary care practice to Wayne

NAI James E. Hanson has negotiated the lease of 2,521 square feet of medical office space in Wayne, the real estate services firm announced Tuesday.

Finance & Capital Markets
Longtime commercial real estate banker returns to Valley as first vice president

A veteran New Jersey commercial real estate lender has returned to Valley Bank after beginning his career at the Wayne-based company.

Industrial
Hartz sells 567,000 sq. ft. Wayne industrial complex to Ares for $138.5 million

Hartz Mountain Industries has sold a nearly 570,000-square-foot industrial complex in Wayne to an affiliate of Ares Management, in a recent deal valued at more than $138 million.

Office
NAI Hanson: Speech, occupational therapy practice leases 4,000 sq. ft. in Wayne

A speech and occupational therapy group has taken 4,000 square feet of office space in Wayne, in a newly announced deal by NAI James E. Hanson.