Real Estate

May 6, 2013

Gebroe-Hammer completes exchange involving Essex County properties

Livingston-based investment brokerage Gebroe-Hammer Associates announced Friday it engineered a 1031 exchange involving the sale of a 39-unit Bloomfield property and the acquisition of a Montclair property package.

May 3, 2013

Keeping Church Dwight may have longer-term benefits for N.J.

The success story of keeping Church & Dwight in New Jersey was officially written this week, as state officials met with executives at the company's new Ewing headquarters. But the benefits of the manufacturer's decision to stay may be just beginning.

May 3, 2013

Mack-Cali sells airport property

The Edison-based real estate investment trust Mack-Cali Realty Corp. on Thursday announced it sold its Mack-Cali Airport property in Little Ferry in a $32.3 million deal.

May 3, 2013

Urstadt acquires New Providence location for 35 million

Urstadt Biddle Properties Inc., in Greenwich, announced Thursday it acquired The Village Shopping Center, in New Providence, for $34.85 million.

May 2, 2013

Hoping for fall construction start on ambitious, long-delayed Sayreville project

After five years of complex environmental cleanup, the developer planning to build a 450-acre “fortress mall” and mixed-use project at a former paint manufacturing site in Sayreville hopes to start construction this fall, a company executive said today.

May 1, 2013

Marcus Millichap sells Pompton Lakes property in 6M deal

Real estate investment services firm Marcus & Millichap Real Estate Investment Services, of Elmwood Park, announced Tuesday the sale of three properties, including a mixed-use property in Pompton Lakes.

May 1, 2013

G.S. Wilcox closes retail property financings totaling 25.8M

The full-service mortgage banking firm G.S. Wilcox & Co., of Morristown, announced Tuesday it closed two financings on retail properties totaling $25.8 million.

Apr 30, 2013

Mack-Cali sells Bridgewater property in 72 million deal

Mack-Cali Realty Corp., in Edison, announced Monday it sold its office building at 55 Corporate Drive, in Bridgewater, in a $72.3 million deal.

Apr 30, 2013

Princeton REIT launching offer for up to 125M of common shares

Chambers Street Properties, a self-managed Maryland real estate investment trust in Princeton, announced Monday its intent to list its common shares on the New York Stock Exchange, effective on or about May 21.

Apr 26, 2013

Long Branch hotel undergoing 18 million renovation

It suffered minimal damage during Hurricane Sandy, but the Ocean Place Resort and Spa in Long Branch is undergoing an $18 million renovation to its property, according to General Manager Jerry Broz.

Apr 26, 2013

Incentives bill clears key Assembly committee

Assemblyman Albert Coutinho's (D-Newark) closely watched Economic Opportunity Act of 2013 cleared the Assembly Budget Committee Thursday.

Apr 25, 2013

Advance Realty acquires Sanofi site in Bridgewater

Advance Realty and a Boston-based investment partner have acquired the former Sanofi U.S. research and development complex in Bridgewater, where the Bedminster-based developer will soon relocate its headquarters, the companies announced today.