Government & Public Policy
Westfield council greenlights HBC redevelopment of Lord & Taylor site, nearby lots

Local officials in Westfield have cleared the way for the Hudson’s Bay Co. to redevelop a vacant Lord & Taylor site and several adjacent blocks downtown, with plans calling for more than 300,000 square feet of office space and some 200 residential units.

Office
Meal delivery service for seniors buys Westfield commercial building, Sheldon Gross says

A meal delivery business has acquired a 1,500-square-foot commercial building in Westfield for $650,000, in a newly announced deal by Sheldon Gross Realty.

Retail
TFE acquires distinctive 12,000 sq. ft. retail property in downtown Westfield

TFE Properties LLC has purchased a former bank building in downtown Westfield that in recent years has been home to an Urban Outfitters store, the firm announced.

Government & Public Policy
Hudson Bay eyes sweeping redevelopment plan for Lord & Taylor site, downtown Westfield

Hudson’s Bay Co. has unveiled a plan to transform the site of a vacant Lord & Taylor building in downtown Westfield and several adjacent blocks, with a proposal that includes nearly 340,000 square feet of office and retail space and more than 200 residential units.

Professional Spotlight
Lindabury, McCormick, Estabrook & Cooper PC

Lindabury’s Commercial Real Estate practice is comprised of attorneys from many disciplines, which allows us to represent a broad spectrum of clients in the industry. We represent developers of projects for residential, commercial, institutional and industrial use including both residential and office condominiums as well as other high-density developments. Of particular interest to many of our developer clients is our firm’s experience in the efficient procurement of development-related permits and approvals at all government levels including zoning and planning boards, regional authorities and approvals pertaining to wetlands, brownfields and other environmentally sensitive sites.

Retail
Leases by CityMD, SportsMed among newest New Jersey deals by Goldstein Group

CityMD is expanding its footprint in New Jersey with a nearly 4,000-square-foot lease in Bergen County, in one of several newly announced deals by The Goldstein Group.

Industrial
Redcom buys 36,000 sq. ft. industrial building in Westfield, BRC says

A locally based design, engineering and construction firm has purchased a 36,000-square-foot industrial building in Westfield, in a newly announced transaction by Bussel Realty Corp.

Roundtable
Which state or federal policy issues could be most impactful to commercial real estate in 2022?

We assembled a panel of industry experts to tackle this month’s question. Here’s what they had to say: Bob Atkins, principal, Atkins Cos. (West Orange) The possible elimination or limiting of the 1031 tax exchange program could have profound impacts…

Retail
LMC: Under new ownership, seafood market signs 1,500 sq. ft. lease in Westfield

A local seafood market has inked a 1,500-square-foot lease at a freestanding building in Westfield, in a transaction arranged by Levin Management Corp.

Professional Services
Lindabury announces new attorney for commercial real estate group

Lindabury, McCormick, Estabrook & Cooper PC has welcomed a new attorney to its commercial real estate group.