NAI Fennelly brokers new deals in Mercer, Middlesex

The owner of six Princeton-area commercial buildings has sold one of the properties for $4.9 million, one of several recent deals announced by NAI Fennelly.

Greenbaum Rowe names co-chair of redevelopment, land use group

Greenbaum, Rowe, Smith & Davis LLP has added a veteran commercial real estate attorney to help lead its redevelopment and land use practice.

Restaurant moves to Woodbridge retail center

A family-owned Pakistani restaurant has leased 6,800 square feet in Woodbridge after outgrowing its space in a neighboring town, Levin Management Corp. said Friday.

Dave & Buster’s coming to Woodbridge, mayor says

Woodbridge Mayor John McCormac announced that Dave & Buster’s will open a location this November at the Woodbridge Center mall. Construction is set to begin this month on the 34,000-square-foot store, which will occupy an upper level formerly used by Sears, now that retailers in the space have been relocated within the mall.

Prologis inks nearly 870K sq. ft. to logistics, retail firms

Industrial real estate giant Prologis has inked two new deals in New Jersey totaling nearly 870,000 square feet, with CBRE Group Inc. serving as its broker in the recent transactions.

Investors announces more than $300M in CRE loans

Investors Bank has originated than $308 million in loans in recent weeks, financing more than a dozen transactions involving multifamily and commercial properties.

NAI Hanson brokers $25.5M refinance of Woodbridge retail site

The owner of a 122,643-square-foot retail complex with national tenants in Woodbridge has refinanced the property for $25.5 million, following a deal arranged by NAI James E. Hanson.

Flooring store continues expansion into N.J., Brunelli says

A Floor & Décor superstore will anchor a newly proposed shopping center at a busy highway intersection in Woodbridge, leasing agent R.J. Brunelli & Co. LLC said Monday.

At NAIOP forum, mayors offer a how-to guide for development

As Woodbridge Mayor John McCormac will tell you, a neighborhood can have a 30-year-old, polluted industrial site that has been abandoned for more than a decade — yet local residents still oppose the mere concept of redevelopment.

Russo details mixed-use plans for iconic Hess property

The landmark Hess tower in Woodbridge may be getting some company in the years ahead. That’s according to a plan laid out Wednesday by developer Ed Russo, whose firm is part of a joint venture that aims to acquire and transform some 30 acres around the iconic building. He said the Carlstadt-based firm and its partner, Onyx Equities, intend to build a mixed-use community with roughly 600 residential units and 40,000 square feet of retail space.