Real Estate

A rendering for Woodmont Industrial Partners 54,000-square-foot industrial project underway at 51 New Brunswick Ave. in Woodbrdige.
Oct 28, 2022

Woodmont Industrial gets to work on 54K-square-foot Woodbridge property (slideshow)

“Woodbridge presents an incredible opportunity for companies looking to establish a regional hub, headquarters, or last-mile delivery center, as it offers access to an exceptional labor force and several main thoroughfares,” said Anthony Amadeo, vice president of Woodmont.

Kitchen & Associates revealed its rebrand to Thriven Design Oct. 26, 2022.
Oct 28, 2022

Multidisciplinary design firm Kitchen & Associates rebrands to Thriven Design

“Our new look and feel represents an exciting new chapter of service and growth for the firm, and better reflects our long-standing multidisciplinary approach and focus on community impact," according to Managing Principal Matthew Bartner.

137 Route 17 S. in Paramus will house a Dunkin Donuts drive-through, according to NAI James E. Hanson.
Oct 28, 2022

Paramus to run on Dunkin following sale

NAI Hanson arranged the transaction, which will see the Bergen County municipality add another store from the coffee and baked goods brand along Route 17.

Marketplace, an Urban Eatery
Oct 28, 2022

Glenpointe’s Marketplace eatery now open (slideshow)

Alfred Sanzari Enterprises said it partnered with a team of architects and vendors to complete the more than $2 million project at the corporate campus in Teaneck.

Westminster Corporate Center at 30A and 30B Vreeland Road in Florham Park is a two-building, 158,583-square-foot twin office campus.
Oct 27, 2022

Colliers: Florham Park office campus changes hands for $13.3M

With below market rents and an average tenancy of over seven years, in a statement Vice Chair Jacklene Chesler described the property as offering "a rare, value-add investment opportunity,” that will see the start of renovations this fall.

10 Exchange Place, Jersey City
Oct 26, 2022

CushWake secures 9,700-square-foot Exchange Place lease in JC

After sub-leasing at the building, US Tech Solutions will occupy space at the 30-floor, 740,354-square-foot office building in Jersey City.

Rendering for 12 Porete, a 111,660-square-foot warehouse facility coming to North Arlington.
Oct 26, 2022

Meadowlands industrial development secures construction financing

JLL Capital Markets announced it arranged the loan for a planned, 111,660-square-foot Class A facility from a joint venture of The Hampshire Cos. and Invesco Real Estate.

101 Hudson St. in Jersey City is a 42-story office tower, also know as the Merrill Lynch Building.
Oct 26, 2022

CBRE advises on $328M financing for 101 Hudson St. purchase

Veris Residential announced it closed the $346 million sale of the property, also known as the Merrill Lynch Building, in the beginning of October.

661-665 Broadway in Westwood.
Oct 26, 2022

NAI Hanson negotiates 3-building sale in Bergen County

The property features 300 feet of frontage on one of Westwood's most-trafficked roadways, with visibility to the more than 238,000 residents within 5 miles.

Parkway Commerce Center, 20 Commerce Drive, Clark and Cranford.
Oct 25, 2022

Signature Acquisitions secures over 63K square feet for GSP office portfolio

The Cranford company's Parkway Commerce Center saw more than 57,000 square feet of activity, while 6,000 square feet was secured at its 100 Matawan Road property.

3000 Atrium Way in Mount Laurel is a Class A office building.
Oct 24, 2022

WCRE secures lease for insurance agency’s move from Cherry Hill

Carlton Insurance Agency has signed on at a Class A office building in Mount Laurel.

abandoned building
Oct 24, 2022

Newark passes measures to mitigate abandoned properties

The ordinance, which penalizes owners whose lots remain vacant year after year without development, significantly increases registration fees and violation fines that are designed to prevent sites from being vacated.