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Real Estate

May 19, 2014

HFF arranges 27.2M construction financing for industrial facility in Woodbridge

HFF announced Monday that it has arranged $27.2 million in construction financing for a 190,000-square-foot warehouse and distribution facility in Avenel, Woodbridge Township.

May 19, 2014

Bethel Baptist Church Center in Cherry Hill sold to Jewish Federation of Southern New Jersey

Wolf Commercial Real Estate (WCRE) announced Monday the sale of Bethel Baptist Curch’s Shining Lights Early Learning Center in Cherry Hill to The Jewish Federation of Southern New Jersey.

May 19, 2014

Industrial specialists Tesser, Markey rejoin Colliers International

Parsippany-based Colliers International announced Friday that industrial specialists Jonathan Tesser and Michael Markey have rejoined the company as executive managing directors.

May 19, 2014

Monmouth Real Estate Investment Corp. announces public offering of stock

Freehold-based Monmouth Real Estate Investment Corporation, a real estate investment trust, announced Monday it has publicly offered 7 million shares of its common stock.

May 19, 2014

Biz leaders developing plan to keep bases open

When Fort Monmouth closed its base for good in 2011, thousands of jobs and residents went along with it down I-95 to Aberdeen, Md.

May 16, 2014

Marcus Millichap arranges sale of 9,100 sq. ft. property for 860,000 in Vineland

Commercial real estate investment firm Marcus & Millichap announced Thursday the sale of Dollar General, a 9,100-square-foot net-leased property in Vineland, according to Brian C. Hosey, regional manager of the firm’s New Jersey office. The property sold for $860,000.

May 16, 2014

DSR Group rapidly leasing in Woodland Park after multimillion dollar improvement program

Englewood-based DSR Group announced construction on more than 40,000 square feet of space began last month for new tenants at 1225 McBride Ave. in Woodland Park’s premier medical facility.

May 16, 2014

Treetop Development completes 60M sale of 12 building portfolio in Manhattan

Teaneck-based Treetop Development LLC announced Friday that it has completed a $60 mlilion sale of 12 mixed-use apartment buildings in Manhattan’s blossoming Upper West Side neighborhood.

May 16, 2014

Kislak completes 7.65M sale of multifamily apartments in Merchantville

Woodbridge-based real estate sales firm The Kislak Co. Inc. announced Friday the $7.65 million sale of Mapleview Apartments, a 110-unit multifamily complex in Merchantville.

May 16, 2014

CBRE completes renewal, expansion lease in New Brunswick

Commercial real estate brokerage firm CBRE Group Inc. announced Wednesday it completed a 173,746-square-foot industrial renewal and expansion lease in New Brunswick.

May 16, 2014

R.J. Brunelli announces new national and N.J. tenant rep assignments

Old Bridge-based retail leasing specialist R.J. Brunelli & Co. Inc., announced Friday new national and New Jersey tenant representation assignments for Athena Learning Centers, Burger King Corporation and D’Angelo Italian Market.

May 16, 2014

Yeager, Normandy break ground on second Summit office project

Developers Mark Yeager and Normandy Real Estate Partners have broken ground on their second office and retail building in downtown Summit, the firms said.