Under the measure municipalities can designate these places as “areas in need of redevelopment,” a status that allows them to provide economic stimuli to attract investment, businesses and jobs.

Lee & Associates brokered the company's 35,313-square-foot, long-term lease at 3 Mountainview Road.

The Class-A space is located at the intersection of Route 322 and the Mullica Hill Bypass, within close proximity to the new Inspira Hospital and Medical Center.

“Places like Hackensack are rethinking their current recreation spaces, not just for its residents’ needs now, but with flexibility to continue to meet these needs over the next generation of users," said DMR Architects President and CEO Lloyd Rosenberg.

The private investor buyer acquired the 75,000-square-foot medical office property from the Eye Institute of New Jersey.

All federal claims pertaining to the suit, filed against the city regarding the development of One Journal Square, contain "no plausibly asserted constitutional violation," according to the ruling.

Located less than a half mile west of the New Jersey City University campus, the property features 163 apartment units, approximately 10,000 square feet of ground-floor retail and a 177-space parking garage.

Barry Cohorsky and LJ Koch represented the seller, Kent International, in the sale of the 67,434-square-foot industrial/flex building in Parsippany.

The newly acquired, 2-acre purchase is adjacent to properties the company already owns at 50 and 100 Kero Road.

Vantage Real Estate Services negotiated the deal at South Jersey Medical Center on behalf of the landlord, and has been hired as exclusive listing broker for the property.

The Lyndhurst-based commercial real estate brokerage leased over 500,000 square feet of space and sold more than 250,000 square feet of space.