JLL Capital Markets arranged the sale of Heritage Square Shopping Center, an 80,504-square-foot shopping center in Monmouth Junction, Middlesex County.
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Real Estate
NAIOP NJ: Amazon, co-working and consumer choice among key CRE disruptors
An economic slowdown and the rise of a range of market disruptors will impact the commercial real estate industry in 2019, according to speakers at NAIOP New Jersey’s Annual Meeting and Commercial Real Estate Outlook.
Read More »Redwood Realty kicks off 2019 with $22.5M in sales
The team facilitated the sale of Gillette Towers in Sayreville and Wilson Manor in Sussex in two separate transactions.
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Sitex Group adds 100,0000-square-foot warehouse to portfolio
Sitex Group announced it has completed the acquisition of 801 Washington Ave. in Carlstadt.
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LMC survey: With 2018 holiday sales up, 2019 looks good for retail
Three quarters of retailers reported holiday sales at or above 2017 levels this past season, according to Levin Management Corp.’s 2019 Retail Sentiment Outlook survey.
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Report: life sciences continues to play major role in economy
Increased investment and employment in the life sciences sector has driven life sciences related real estate to new heights, according to Cushman & Wakefield’s new report, Life Science: Great Promise & Rapid Growth.
Read More »Advance Realty announces tenants at expanded Paramus Crossroads
Advance Realty announced the addition of three restaurants to the tenant roster of Paramus Crossroads, the company’s 141,825-square-foot shopping and dining destination at the intersection of Route 17 and the Garden State Parkway in Paramus. According to a company press release, the following restaurants have signed leases at a new 40,000-square-foot building being added to ...
Read More »Two from FTI Consulting join Newmark Knight Frank in Whippany
Newmark Knight Frank announced industry veterans John Ennis and Brett Lake recently joined NKF Valuation & Advisory as senior vice presidents in the Financial Reporting practice. Ennis and Lake bring more than 45 years of combined industry experience to the Whippany office. The NKF V&A Financial Reporting group is a service provider bringing a comprehensive ...
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Shifting demand 
A competitive labor market, technological advances, and the need to satisfy a multigenerational workforce have combined to drive an evolution in office needs while giving human resources more influence in the decision-making process.
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Snack subscription service secures warehouse space in Carlstadt
Bridgewater-based Atlantic Real Estate Services announced it represented Graze.com in their subleasing of 33,000 square feet of warehouse/distribution space at 570 Commerce Blvd. in Carlstadt from Locus Telecommunications. Locus was represented by Resource Realty, while Matt Dudzinski handled the assignment for Atlantic. According to Jordan Hill, head of U.S. supply chain for Graze.com, “Matt did ...
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Tulfra announces $10.3M construction loan for Rochelle Park self-storage facility
Tulfra Real Estate announced it has secured a $10.3 million construction loan for a self-storage facility at the former AT&T data center site, located at 120 W. Passaic St. in Rochelle Park. Holliday Fenoglio Fowler LP said on Feb. 6 it secured the four-year, fixed rate construction financing on behalf of Tulfra through its debt ...
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Cushman & Wakefield announces leasing activity in Bridgewater
Leasing activity remains brisk at 685 Route 202/206, a newly-updated 140,000-square-foot office building in Bridgewater, according to Cushman & Wakefield, exclusive leasing agent for the three-story asset. Recent commitments from three tenants have totaled more than 48,000 square feet; the activity comes on the heels of the lease expiration and relocation of Samsung Mobile. The ...
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