Local officials have cleared the way for a developer to build the first hotel in Newark’s Ironbound section, adding to the growing pipeline of hospitality projects in the state’s largest city.
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Real Estate
UMH Properties announces new acquisition for 24.95M
Freehold Township-based UMH Properties Inc., announced Friday that on March 13, 2014, it closed on the acquisition of eight Ohio manufactured home communities for $24.95 million.
Read More »Colliers International arranges 25,000 sq. ft. lease in Woodcliff Lake
Colliers International announced Friday it has arranged two separate long-term leases at 123 Tice Blvd. in Woodcliff Lake.
Read More »Colliers International arranges 42,000 sq. ft. renewal for Acme Markets in Lawrenceville
Colliers International announced Thursday it has arranged a long-term, 42,000-square-foot extension for the supermarket Acme Markets, at the Lawrence Shopping Center in Lawrenceville.
Read More »Value Companies to handle all operations for 234-home apartment community in North Arlington
Clifton-based Value Companies Inc. announced Wednesday that Value Asset Management has been chosen to oversee the management of an apartment community in North Arlington.
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Somerset Development, NJ Transit break ground on long-awaited Wesmont train station in Wood-Ridge
Construction is underway on a new train station that is central to transforming the site of a former aircraft plant in Wood-Ridge into a 70-acre, mixed-use transit hub.
Read More »Mack-Cali declares quarterly dividend
Mack-Cali Realty Corporation, a real estate investment firm based in Edison, announced a quarterly dividend on Tuesday.
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Christie applauds American Dream deal, says project will create ‘thousands’ of jobs
A deal struck between developer Triple Five, the New Jersey Sports and Exposition Authority and the Jets and Giants owners will be a boon for the state, Gov. Chris Christie said Wednesday.
Read More »Marcus Millichap arranges sale of 4M retail property
Real estate investment firm Marcus & Millichap announced Tuesday the sale of Bearfort Shopping Village, a 34,438-square-foot retail shopping plaza in West Milford, according to Brian Hosey, sales manager of the firm’s New Jersey office.
Read More »Marcus Millichap arrange 1.2M sale of Morris Plains property
Real estate firm Marcus & Millichap announced Tuesday the sale of Friendly’s, a 2,428-square-foot net-leased property in Morris Plains.
Read More »Sitar Realty announces more than 4.5M in real estate transactions
Iselin-based Sitar Realty Company announced Monday the following real estate transactions:
Read More »Bussel Realty Corp. closes multiple deals in Somerset, Middlesex County
Edison-based industrial real estate firm Bussel Realty Corp. announced Monday it has closed several leasing transactions totaling more than 55,000 square feet of industrial and office real estate in Somerset and Middlesex County.
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