Real Estate

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
Jun 9, 2022

Anywhere Real Estate makes NYSE debut

The residential real estate services giant announced it was changing its name from Realogy back in March to modernize its appearance and align with a broader strategic shift.

A celebration was held June 1, 2022, to mark the Grand Opening of an early childhood learning center in Newark's Clinton Hill neighborhood in the city's South Ward.
Jun 9, 2022

Long-vacant Newark site debuts childhood education facility

“Our mission was to create a sustainable and safe outdoor space for our young students,” said Sam Crane of the Maher Charitable Foundation. The work to achieve that goal, sparked by a group of nonprofits, was aided by efforts from New Brunswick's DIGroup Architecture and Jersey City's Dresdner Robin.

Cushman & Wakefield announced today that the real estate services firm represented Penwood Real Estate Investment Management, through its sixth value-added investment vehicle, Penwood Select Industrial Fund VI, L.P., in the acquisition of a 275,631-square-foot industrial property at 201 Elizabeth St. in Bordentown for $60,000,000.
Jun 9, 2022

Penwood Real Estate acquires Bordentown industrial property for $60M

Cushman & Wakefield will exclusively lease the Burlington County site after representing the buyer in the sale.

JLL Capital Markets arranged $68.2 million in senior debt and $22.7 million in mezzanine construction financing for PARQ, a 275-unit, Class A to-be-built apartment community located in Parsippany.
Jun 8, 2022

Parsippany multifamily project PARQ secures $90.9M capitalization

JLL Capital Markets arranged the financing, which will kick off the transformation of the Lanidex Plaza Office Park into a mixed-use development with luxury living, retail space, townhouses, Class A office space, and athletic fields.

Jun 8, 2022

Montclair’s The Madison Building sells for $18M, Marcus & Millichap says

Marcus & Millichap announced the sale of the 32,000-square-foot mixed-use property.

JLL Capital Markets closed the sale of Riverfront Plaza, a 129,000-square-foot shopping center anchored by ShopRite in Hackensack.
Jun 8, 2022

Grocery-anchored shopping center in Hackensack changes hands

Located on 13.8 acres, Riverfront Plaza is 96% leased with additional tenants including, Sherwin-Williams, Leslie's Pool Supplies and Taco Bell.

Aerial view of Glenpointe in Teaneck.
Jun 7, 2022

Leica Camera relocating North American base to Alfred Sanzari’s Glenpointe

The company will take up residence at Alfred Sanzari Enterprises' live-work-play campus in Teaneck, which is set to include executive offices, a camera display showroom and an equipment repair facility.

CBRE announced the $47 million sale of Essex Mall, a 189,773-square-foot grocery-anchored shopping center in West Caldwell.
Jun 7, 2022

Grocery-anchored Essex Mall sells for $47M, CBRE says

Featuring Stop & Shop and Marshalls as tenants, the more than 189,000-square-foot West Caldwell complex was acquired as part of a 1031 exchange.

Larken Associates announced a lease with M&A Square Creative Corner for an 8,000-square-foot space at the Montgomery Professional Center located at Route 518 and Vreeland Drive in Skillman.
Jun 7, 2022

Day care signs on for former Montessori space in Skillman

Larken Associates announced the agreement, which will bring M&A Square Creative Corner to the Montgomery Professional Center.

Station Bay in South Amboy from BNE Real Estate.
Jun 7, 2022

Waterfront South Amboy community passes 50% leased (slideshow)

Last week, the development helped to celebrate the start of work that will bring a commuter ferry steps from its doors. Now, the property from BNE Real Estate Group has its own milestone to recognize.

Chris Cornick, vice president, business unit leader for New Jersey, Gilbane Building Co.
Jun 7, 2022

Gilbane looks within for new NJ leader

Chris Cornick has been with the company for more than 15 years. And now, the executive identified as a Next Generation Leader by NJBIZ in 2021 has been tapped to succeed retiring Vice President Dan Shea to oversee operations in the state.

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.