Real Estate

Dec 10, 2013

Hampshire Cos. starts work on 460,000-square-foot industrial building in Carteret

The Morristown developer broke ground last week on the 460,000-square-foot facility on Bryla Street, borough officials said. When complete, the project will span 33 acres just off Exit 12 of the New Jersey Turnpike and minutes from Port Newark-Elizabeth, where demand for industrial space is expected to swell in the coming years.Hampshire said last month […]

Dec 9, 2013

Cushman Wakefield names new top N.J. executive

Cushman & Wakefield has named a new market leader in New Jersey, officially making her the head of the brokerage firm's three offices in the state.

Dec 9, 2013

OUT OF THE ORDINARY Passenger awakes to find himself locked in plane

The captain of an oil platform supply boat in the Gulf of Mexico is no stranger to bumps and other movement while he sleeps. So when Tom Wagner nodded off on a flight from Louisiana to Houston, it was no surprise that the landing bounce didn’t wake him.Continue reading.

Dec 9, 2013

WORLD Friend and foe, world leaders coming together for Mandela

Nearly 90 leaders from across the world, some of them locked in enmity, are flying to South Africa for memorials to Nelson Mandela that will hail one of humanity’s great peacemakers.Continue reading.

Dec 9, 2013

U.S. Newtown asks for privacy as Sandy Hook anniversary nears

The Connecticut town of Newtown on Monday asked for privacy and a restrained media presence ahead of the anniversary of the shooting that killed 20 children and six adults at Sandy Hook Elementary School.Continue reading.

Dec 9, 2013

BUSINESS Europeans trying to complete deal on bad banks

European finance ministers are taking another crack at an issue that’s bedeviled them: how to handle failing banks at an EU level.Continue reading.

Dec 9, 2013

KABR Real Estate moves into new 13,000-square-foot space

The firm, which buys and renovates distressed properties, relocated this month to 100 Challenger Road from a nearby site in the Overpeck Centre complex, according to a news release. The 4-year-old company has taken 13,000 square feet for its new space and is now making improvements to lure new tenants to the 150,000-square-foot building.   […]

Dec 9, 2013

Visual Lease lets renters stay up to date on properties

It’s what caused Betesh to enter the business of “lease auditing” in 1985, working to ensure commercial tenants didn’t over pay for building services that were covered in the deal. But he took that one step further 10 years later when he founded Visual Lease, a software platform to help tenants track, manage and analyze […]

Dec 6, 2013

Jones Lang LaSalle moves N.J. headquarters to East Rutherford

The company will continue to operate out of three offices in the Garden State, retaining its presence in Parsippany and Woodbridge while vacating its space in Hasbrouck Heights. The new location, at Metropolitan Center, will serve as JLL’s headquarters in the state beginning Dec. 16, when employees from Hasbrouck Heights begin to move to the […]

Dec 6, 2013

Kennedy Funding completes 1.17M financing for N.C. property

According to the announcement, The three-year, interest-only funding was obtained for Georgetown Landing LLC. The peninsula-shaped tract, directly across from the Marine Corps’ Camp Lejeune, was recently rezoned for residential development.Read more real estate news >

Dec 5, 2013

200M luxury Jersey City high-rise to focus on lifestyle

The rapidly changing Downtown Jersey City skyline will soon have a new addition, with officials ceremonially breaking ground today on a 38-story, 311-unit luxury apartment building known as M2.

Dec 5, 2013

Port Authority OKs 100M in road upgrades for N.J. terminals

The agency’s board of commissioners authorized the program at its latest meeting in New York, sending new funds to an effort to modernize roads built decades ago. In a news release, the authority said the $105 million program includes the design, construction and realignment of portions of the five major access roads to the shipping […]