Real Estate

The Kislak Co. Inc. arranged the sale and procured the buyer for Keyport Village Apartments at 251 Atlantic St. in Keyport, the firm announced June 6, 2022.
Jun 6, 2022

Kislak sells Keyport apartments for $29M

The Woodbridge-based firm marketed the property on an exclusive basis and procured the purchaser, a longtime client marking their entrance in the area.

PRECAP announced the sale of 500 W. Main St. in Freehold June 2, 2022.
Jun 6, 2022

Freehold medical office building sells for $8.2M

Physician Real Estate Capital Advisors (PRECAP) announced the sale of the three-tenant property located adjacent to CentraState Medical Center.

CBRE announced the $24.5 million sale of 25 Hanover Road, a 100% leased, 132,737-square-foot office park in Florham Park. The firm represented the seller, The Silverman Group, and also procured the buyer, a privately held real estate company.
Jun 6, 2022

Florham Park office park sells for $24.5M, CBRE says

A team from the firm's Institutional Properties Group arranged the sale of the two-building complex, which has maintained a 90% occupancy rate for more than 10 years.

Jun 6, 2022

Kushner breaks ground on 55+ luxury rentals in Bergen County (slideshow) (updated)

A four-story building that will bring hundreds of apartments, and a slew of indoor and outdoor amenities, is officially underway in Fair Lawn.

NAI James E. Hanson negotiated the sale of a 117,340-square-foot industrial building at 100 Demarest Drive in Wayne.
Jun 6, 2022

NAI Hanson’s Perkins & Todd team reps CenterPoint on industrial acquisition

The group continued its relationship with the investor, representing the firm in its addition of a 117,340-square-foot Passaic County property.

WCRE exclusively represented Avasek in the leasing of 8,610 square feet of office space located at 523 Fellowship Road in Mount Laurel from an entity controlled by Gateway Park LLC.
Jun 6, 2022

WCRE completes Mount Laurel lease for Avasek

Executive Vice President and Managing Director Todd Monahan exclusively represented the tenant in the transaction for 8,610 square feet of office space.

NJBIZ The Future of Construction and Development panel
Jun 6, 2022

With great infrastructure opportunities come challenges

New Jersey has a big opportunity when it comes to infrastructure. “Once in a lifetime” federal funding will inject billions into repairs for the state’s roads, bridges, rail lines and more. Experts covered all of that — as well as the challenges that come with those opportunities — in NJBIZ’s The Future of Construction and Development virtual panel discussion.

Jun 3, 2022

CushWake: Bergen County industrial assets sell for $285/square-foot

The neighboring properties, which sold for $11 million, add up to 38,500 square feet.

Colliers new office space at Northpoint at 20 Waterview Blvd. in Parsippany.
Jun 3, 2022

Colliers sets up (new) shop in Parsippany (slideshow)

"We are continuing in our growth mode," New Jersey Market Leader Dennis Waggner told NJBIZ, and the firm's new 7,500-square-foot space at Northpoint from Vision Real Estate Partners will allow it to do just that.

New home
Jun 3, 2022

$2M pledge sets up permanent endowed director for Monmouth’s Kislak institute

COO Jason Pucci announced the commitment, which honors the legacy of the late Jay Kislak — who first earned his real estate license as a high school student and served as chairman of the Kislak Organization until his death in 2018 when he was 96 — at the center's annual Leadership Excellence Award Dinner June 2.

Crystal DeNatale, Hylan CFO
Jun 3, 2022

DeNatale returns to Hylan as CFO

Bringing three decades of finance experience to the role, Crystal DeNatale previously worked for the Holmdel-based company from 1994 through 2004 as controller and chief financial officer.

Karen Cusmano, Veris senior vice president and head of sustainability and ESG
Jun 2, 2022

Veris Residential introduces head of sustainability and ESG

The appointment of company veteran Karen Cusmano to the new position was accompanied by the release of the Jersey City-based REIT's 2021 Environmental, Social, and Governance report, which highlighted an 18% decrease in energy consumption by the company from 2019 levels.