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Real Estate

N.J. office market ends 2012 flat after year of fluctuation

The total amount of occupied space in the region grew by a mere 10,345 square feet last year, the brokerage firm found in its fourth-quarter market study. That number is effectively flat “when you’re dealing with 150 million square feet of space” across the market, said Jonathan Meisel, a JLL broker and former market director ...

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Robbinsville lands coveted warehouse

“We understand Amazon could have chosen anywhere in New Jersey to build its new distribution center, and we are fortunate to have the infrastructure and resources to meet their needs and consummate one of the most sought-after business partnerships in recent memory,” Robbinsville Mayor Dave Fried said in a statement. “With hundreds of new jobs ...

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Rutgers adds 3M real estate chair

The other $1.5 million was provided by an anonymous donor who pledged $27 million toward Rutgers’ “Endowed Chair Challenge,” which aims to bring 18 “world-class” faculty to Rutgers as part of the university’s billion-dollar “Our Rutgers, Our Future” campaign.Once hired, the new chair’s job will be to set up an MBA concentration in real estate ...

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BGC acquires Philadelphia-based Smith Mack

The deal marks BGC’s second aggressive push into the South Jersey market, as the firm added an office in Marlton when it acquired Grubb & Ellis Co. in April, and it will gain a second Marlton office by folding Smith Mack into its NGKF subsidiary. BGC added Woodbridge-based Helios Capital Advisors in October to strengthen ...

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