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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.
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.
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.
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 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 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.
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.
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 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.
$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.
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.
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.
