Capping off the fourth quarter of 2022, the firm said it negotiated more than 60,000 square feet of new, expanded and renewed office leases during the period.

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An affiliate of the D2 Organization entitled the land before acquiring 45 acres at Salem Commerce Park for $15.63 million from Delaware River and Bay Authority.

The 12-month period marks the first full year in business for the Matawan-based firm, founded by Jeffrey Otteau, Adam Zweibel and Christopher Otteau.

Eric Stone joined the firm in December 2021 as principal and regional director of real estate management services.

Located near the border of New Jersey and New York, the shopping complex includes a new, 73,000-square-foot ShopRite.

Pierson Commercial secured several additions for the shopping complex located along Route 35 in Monmouth County.

“It’s an exciting time at Levin Management,” CEO Matthew Harding said in a prepared statement. “2022 proved to be another banner year for our company in terms of both business growth and leasing volume. LMC’s new hires and organizational advancements will uphold and strengthen our services as we work to deliver the highest-quality expertise to new and existing clients.”

In the hiring announcement, the Montclair-based investment company said Mike Marmis has completed more than $2 billion in real estate debt and equity transactions throughout his career.

NAI James E. Hanson was retained by the seller and procured the buyer in this transaction for a two-lot assemblage that was previously approved for 110 residential units.

JLL announced the construction funding and equity placement for Canterly Place, which will offer 300 units.