Real Estate

May 16, 2014

EDA approves incentives for JP Morgan Chase, RBC projects in Jersey City

The Economic Development Authority voted Friday to approve incentives for two Jersey City-based projects involving JP Morgan Chase and RBC Capital Markets.

May 14, 2014

LCOR, Pinnacle unveil new details for mixed-use project in Montclair

The developers of a mixed-use project in Montclair have unveiled new details for what they say will transform a site at the edge of the township's main business district.

May 13, 2014

Owners of 2 Gateway Center in Newark launch calculator app for state incentives

The owner of one of Newark's largest office towers has launched a new mobile app to help prospective tenants estimate the tax credit they could receive under New Jersey's recently overhauled business incentive programs.

May 13, 2014

NAI Hanson facilitates multimillion dollar sale of 23,000 sq. ft. retail building in Springfield

Commercial real estate firm NAI James E. Hanson announced Monday that it has facilitated a multimillion-dollar sale of a 23,000-square-foot building in Springfield.

May 13, 2014

NGKF negotiates headquarter expansion for AnnieMac Home Mortgage

Newmark Grubb Knight Frank (NGKF) announced Tuesday that it has negotiated with AnnieMac Home Mortgage to recommit to its headquartered location for another eight years by extending and expanding its lease at 700 East Gate Ave. in Mount Laurel.

May 13, 2014

Gebroe-Hammer completes 5.76M in multifamily sales in North Jersey

Livingston-based Gebroe-Hammer Associates announced Tuesday it has completed three multifamily investment sales totaling $5.76 million and 86 units located throughout northern New Jersey.

May 13, 2014

WCRE leases office space to Swartz Swidler LLC in Cherry Hill

Wolf Commercial Real Estate announced Monday that it has represented law firm Swartz Swidler LLC in leasing its new office space in Cherry Hill.

May 13, 2014

ASTOne opens new office at KABR, Kushner building in Ridgefield Park

Financial services firm ASTOne has leased a new 45,000 square-foot space at a Ridgefield Park office building owned by KABR Group and Kushner Cos., according to the companies involved with the deal.

May 12, 2014

The Goldstein Group brokers Bloomingdale’s Furniture Outlet deal in Wayne

Paramus-based retail real estate brokerage firm The Goldstein Group announced Monday it has placed Bloomingdale's Furniture Outlet in Wayne.

May 12, 2014

JCPL expands substation in West Amwell

Morristown-based Jersey Central Power & Light announced Monday it plans to build a $10 million substation expansion in West Amwell Township to enhance service reliability and meet growing electricity demands in the area.

May 12, 2014

Historic Journal Square office building sold for 31M

A New York investor has paid $31 million to acquire a historic 12-story office building in the Journal Square section of Jersey City, according to brokers involved with the deal.

May 9, 2014

NJIT appoints Andrew Christ to vice president for real estate development, capital operations

The New Jersey Institute of Technology announced Friday that Andrew P. Christ, a professional engineer with extensive experience in facilities and construction management on university campuses, has been appointed to vice president for real estate development and capital operations.