Real Estate

Mar 8, 2022

New Brunswick research facility sells for $3.9M

AIM ImmunoTech focuses on the research and development of therapeutics to treat cancers, immune disorders and viral diseases, including COVID-19.

Officials from Urby and the Town of Harrison cut the ribbon on a new 381-unit building at Harrison Urby on March 3, 2022. From left: Harrison 1st Ward Councilmember Jesus Huranga, Harrison 3rd Ward Councilmember Larry Bennett, Urby founder and CEO David Barry, Harrison Mayor James Fife, The Pegasus Group CEO Richard Miller, Harrison 4th Ward Councilmember James Doran, Harrison 2nd Ward Councilmember Eleanor Villalta and Harrison 2nd Ward Councilmember Ellen Mendoza.
Mar 8, 2022

Harrison Urby launches newest phase, adding 381 apartments (slideshow)

The pet-friendly rental community, which features individual vegetable garden plots, a heated swimming pool and patio, on-site resident coordinators, 13,000 square feet of indoor fitness space, and more is celebrating the addition of 381 units.

NAI Fennelly negotiated a lease for 2 acres of industrial land at 1605 Calhoun St. in Ewing for ParkMyFleet on behalf of the property owner.
Mar 8, 2022

Mobility hub headed to Ewing following NAI Fennelly-negotiated lease

ParkMyFleet operates a nationwide network that offers solutions including vehicle transport, reconditioning services, inventory management, title and registration, sale preparation and vehicle maintenance services.

Avision Young New Jersey's Project and Construction Management groups completed renovations at 620 Divsion St. in Elizabeth to tranform a single-tenant office space into a multi-tenant one.
Mar 8, 2022

Elizabeth repositioning project creates multi-tenant office space

The Project and Construction Management groups from Avison Young's New Jersey office transformed the formerly single-tenant space on behalf of landlord Terreno Realty Corp. 

Mar 8, 2022

Associa CMC NJ promotes Martone to vice president

The new vice president joined the Fairfield-based division in 2005 as an assistant manager and has served as community association manager, community director and vice president of operations.

112 W. Park Drive in Mt. Laurel will be repositioned from a Class A office property into a logistics center, following its purchase by Prologis.
Mar 7, 2022

Prologis to transform Burlington County office property into logistics site

CBRE arranged the sale of the 114,676-square-foot office building situated on nearly 17 acres.

61 N. Lakeview Drive in Gibbsboro.
Mar 7, 2022

Construction company relocates to Gibbsboro with Vantage assist

According to the firm, the space is double that of the new tenant's previous office, providing ample room for growth.

First National Realty Partners added Dauphin Plaza at 3812 Union Deposit Road in Harrisburg to its grocery-anchored shopping center portfolio.
Mar 7, 2022

FNRP acquires Harrisburg shopping center

The deal marks the third grocery-anchored property Red Bank's First National Realty Partners announced adding to its portfolio in a one-week span.

An interior view of the first Daybase hybrid work spot on Washington Street in Hoboken, which opened Jan. 26, 2022.
Mar 7, 2022

Daybase closes on $9.6M seed funding for expansion

The hybrid work company opened its inaugural location in Hoboken in January and is planning second and third locations, in Harrison, N.Y., and Westfield, respectively.

5 Nami Lane in Hamilton
Mar 4, 2022

15K square feet of industrial space trades hands in Hamilton

NAI Fennelly announced Synergy Global Properties' purchase, along with the $2.175 million sale of an auto-repair shop in Bordentown.

fire hydrant
Mar 4, 2022

NJ American Water invests $2.8M to replace water main

The work is scheduled to begin March 7 in Northfield and Pleasantville.

Rendering for the affordable housing development coming to Newark's Fairmount neighborhood.
Mar 4, 2022

Affordable housing coming to Newark will address community health needs

Partners University Hospital, L+M Development, Type A Projects and MSquared secured $42 million in financing for the project being developed under the New Jersey Housing and Mortgage Finance Agency's Hospital Partnership Subsidy Program.