Less than four months after coming online, Capodagli Property Company’s new, lifestyle-minded residential building in Hackensack, Meridia on Main is 50 percent leased. Gaining popularity among young professionals because of its proximity to New York City, Hackensack is a town that is tapped to deliver the best blending of metropolitan and suburban lifestyles. Meridia on ...
Read More »Eighty-five percent of the 260 luxury residences at The Enclave in Jersey City have been leased since their early May debut. Developers BNE Real Estate Group, Hoboken Brownstone Company and McKinney Properties, along with The Marketing Directors, achieved this success in the first four months of availability by tapping into public demand for a resort-caliber ...
Read More »Taste, scent and ingredient maker IFF opened its doors to its new Home & Fabric Care Innovation Center at Bell Works in Holmdel on Monday. Chairman and CEO Andreas Fibig was joined by business leaders, IFF employees, and Holmdel community members for a ribbon-cutting ceremony. The new, state-of-the-art Innovation Center is a 60,000 square-foot research ...
Read More »Nearly 110,000 square feet of leasing activity during the first three quarters of the year has brought American Landmark Properties’ Meadows Office Complex to 90 percent occupancy. Cushman & Wakefield, which serves as the exclusive agent for the 600,000-square-foot, Class A asset, says the activity comes amid an ongoing capital campaign at the two-building complex ...
Read More »Alfred Sanzari Enterprises has selected Newmark Knight Frank as the leasing brokerage firm for Glenpointe, northern New Jersey’s premier corporate destination. The NKF team, comprised of Executive Managing Director Jeff Schotz, Vice Chairman David Simson, Senior Managing Director Peter Rossi and Associate Director Dan Reider, will work with Alfred Sanzari Enterprises to market Glenpointe’s available ...
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As the end of peak rental season came to a close, August national and local rents marked a month-over-month slowdown, according to a report released by RENTCafé with data gathered by Yardi Matrix. The national average rent reached $1,472 in August, after a mere 0.2 percent increase since July. Monthly increases were small in New Jersey, ...
Read More »Gregory Panayoti, vice president of Paramus-based NIA National Realty, has negotiated 8,200 square-foot of retail leases in two separate transactions in Paramus and Elmwood Park. At 556 Route 17, Paramus, Panayoti leased 2,200 square-foot of space to Australian-based fitness company F45 Training, a rapidly growing company that actor Mark Wahlberg was recently named an investor. ...
Read More »Morris County-based real estate startup DoorX Homes is reinventing the home selling process. DoorX Homes has launched its business model to help home owners fund the improvement costs that usually hold them back from selling their own homes that are either outdated or in need of repair. By funding 100 percent of the costs and ...
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Devon LeCompte of Basking Ridge-based Kienlen Lattmann Sotheby’s International Realty (KLSIR) recently brokered a transaction for Mountain View Estates for just under $3.2 million. According to the Garden State Multiple Listing Service, the deal is one of the largest residential real estate transactions recorded in Warren County’s history. The sale was managed by LeCompte with assistance from ...
Read More »FEM South Beach Urban Renewal, LLC, joined forces with luxury real estate brokerage Heritage House Sotheby’s International Realty to market and sell units at South Beach at Long Branch. The award-winning condominium development currently under construction is comprised of two eight-story towers featuring floor-to-ceiling glass walls and full-floor layouts. Residents have easy access to the ...
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Prism Capital Partners’ ON3 campus in Nutley and Clifton saw several key projects hit their mid-way point or nearing completion. The tangible progress at the 116-acre redevelopment will be followed this fall by multiple key milestones, including the first corporate occupant and the opening of ON3’s first structured parking. Prism’s renovation of ON3’s 100 Metro ...
Read More »Wells Fargo is partnering with the cities of Newark, Orange and Irvington, as well as non-profits NeighborWorks America and New Jersey Community Capital in the 75th LIFT program, designed to boost homeownership. This fall, with a $5 million philanthropic commitment by Wells Fargo, the NeighborhoodLIFT program will create more than 180 Essex County homeowners by ...
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