Real Estate

H&M Intermodal Services Newark Container Depot
Jul 14, 2022

New truck and depot terminal to open near Port Newark

Expected to launch in spring 2023, the IMC Cos. and H&M Intermodal Services facility sits on 10 acres and features a paved, lit, fenced yard with 24-hour security-controlled access and storage for 1,200 containers.

Anywhere Real Estate Inc. (NYSE: HOUS) Rings The Opening Bell®  
The New York Stock Exchange welcomes executives and guests of Anywhere Real Estate Inc. (NYSE: HOUS), today, Thursday, June 9, 2022, in celebration of its rebrand from Realogy, signaling its commitment to transforming the real estate transaction to create a better experience for all home buyers and sellers, anywhere. To honor the occasion, Ryan Schneider, President and CEO, joined by Chris Taylor, Vice President, NYSE Head of Listings and Services, rings The Opening Bell®.    Photo Credit: NYSE
Jul 14, 2022

Anywhere rebrands business units

The Madison-based real estate company – formerly Realogy Holdings Corp. – unveiled new names for three of its divisions.

Rendering for The Arbors, Onyx Equities' five-building, 750,000-square-foot office complex in Parsippany.
Jul 14, 2022

Onyx taps CushWake to lease 750K-square-foot Parsippany office portfolio

Five-building portfolio The Arbors is undergoing a multimillion-dollar renovation.

The pool at Bay 151 in Bayonne, a luxury rental community from KRE Group.
Jul 14, 2022

Luxury rental community Bay 151 hits 90% leased on Bayonne waterfront (slideshow)

The development from the KRE Group is drawing residents looking for open space, and lower rents, along the Gold Coast.

NAI James E. Hanson negotiated a lease renewal for an 11,500-square-foot lease office/flex building at 60 Locust Ave. in Berkeley Heights.
Jul 14, 2022

Wharton arts school renews lease in Berkeley Heights

NAI Hanson represented The Wharton Institute for the Performing Arts in the transaction, which is a long-time tenant of the 11,500-square-foot office/flex space.

Building E at the Lincoln Logistics Center.
Jul 14, 2022

CBRE: North, Central Jersey industrial rents continue to climb in Q2

In the Northern Region, the Newark submarket — the tightest in the state — posted the highest Class A average asking rate, up 23% quarter over quarter and 87% year over year to $30.85 per square foot.

CBRE announced it has arranged the $9.6 million acquisition of a fully leased 44,300-square-foot industrial property at 153 Bauer Drive in Oakland to Faropoint from Oakland Management.
Jul 13, 2022

Faropoint acquires Oakland industrial property for $9.6M

CBRE arranged the acquisition of the fully leased, 44,300-square-foot site.

JLL Capital Markets closed the $31.9 million sale of Solaris Lofts, a 72-unit, newly constructed, boutique multi-housing community located within the Bergen-Lafayette neighborhood in Jersey City at 65 Maple St.
Jul 13, 2022

JLL closes $31.9M sale of community in JC’s Bergen-Lafayette

Boutique community Solaris Lofts offers 72 units with access to the Hudson Waterfront, mass transit options and more.

Coldwell Banker Realty New Homes introduced Lakeshore Estates July 12, 2022, a boutique development of 32 new townhomes in Bergen County's Haworth.
Jul 13, 2022

Luxury living debuts in Bergen County at Lakeshore Estates

Coldwell Banker Realty unveiled the boutique development, which offers 32 three-story units designed "with every detail planned out to meet the needs and desires of today’s homeowners."

Fellowship Corporate Center is a Class A, 232,000-square-foot, four office building complex located at 300, 302 330, 350 Fellowship Road in Mount Laurel.
Jul 13, 2022

Nessel taps WCRE to lease Fellowship Corporate Center

The four-building, 230,000-square-foot office park features the only LEED Gold Certified building in South Jersey outside of Camden.

Gebroe-Hammer Associates arranged the sale of Ridgewood Commons in South Orange: a 66-unit five-story multifamily asset located at 10 N. Ridgewood Road.
Jul 12, 2022

Ridgewood Commons Apartments changes hands, again

Executive Vice President David Jarvis first sold the attractive,1940 property in 1999. The latest transaction makes its fourth sale since then.

The STRO Cos. announced Mittera inked a 12,000-square-foot lease for a new Hackensack warehouse at 215 S. Newman St.. - THE STRO COS.
Jul 12, 2022

STRO announces Hackensack lease for Mittera

Located directly off of Route 17, the 63,000-square-foot building is close to Interstate 80.