Real Estate

The Asbury Ocean Club.
Mar 24, 2022

iStar’s next phase in Asbury Park promises (another) $300M investment

The seaside city has changed a great deal in the past 10 years, and a lot of that is due to iStar. Now, the master developer is partnering with Toll Brothers, K. Hovnanian and Somerset Development for a new phase of projects along the shore.

The courtyard at Clarus Glen Ridge.
Mar 24, 2022

JMF Properties’ luxury rentals Clarus Glen Ridge hits 100% leased

The collection of 110 residences from JMF Properties, its second to bear the Clarus brand, opened its doors less than six months ago.

The Meadows in Rutherford at 201/301 Route 17 N.
Mar 24, 2022

CushWake sets up long-term leases at The Meadows in Rutherford

The firm arranged for two new tenants to join the two-building, 600,000-square-foot trophy property.

Georgian Court University
Mar 23, 2022

Georgian Court’s acreage sale accelerates growth at Lakewood campus

The university is selling 42 mostly unused and undeveloped acres of its more than 150 acres to Beth Medrash Govoha Lakewood yeshiva.

A rendering for Cornerstone at Branchburg, a 55+ age- and income-restricted community coming to Somerset County from Walters.
Mar 23, 2022

Somerset County age-restricted community begins Phase 2 construction

Cornerstone at Branchburg from Walters will bring 150 residences across two buildings to its namesake municipality.

Mar 22, 2022

Wyndham unveils plans for economy extended-stay hotel brand

The company has been developing Project ECHO since last summer amid a boom in business for the lodging type, which it said is particularly resilient amid downturns.

Alfred Sanzari Enterprises negotiated a new lease with the United Food and Commercial Workers (UFCW) Union Local 888 for 6,029 square feet of office space at Elmwood Park Plaza, located at 475 Market Street in Elmwood Park.
Mar 22, 2022

United Food and Commercial Workers union signs on at Elmwood Park Plaza

Alfred Sanzari Enterprises negotiated a new lease for UFCW Local 888, which serves more than 6,000 members across New Jersey and New York.

The Hazel at 89 Monitor St. in the Bergen-Lafayette section of Jersey City.
Mar 22, 2022

Welcome home: Occupancy underway at The Hazel in Jersey City

The six-story boutique building is welcoming residents to the city's Bergen-Lafayette neighborhood.

The Rail at Red Bank Station from Denholtz Properties.
Mar 22, 2022

Preleasing kicks off for The Rail at Red Bank (slideshow)

With occupancy slated for May, Denholtz Properties' mixed-use development in the city's West Side neighborhood offers 57 luxury units, along with amenities and 7,500 square feet of ground-level retail space.

Avison Young's New Jersey office arranged the sale of 149 New Dutch Lane in Fairfield, a 39,800-square-foot industrial property with 30,500 square feet of refrigerated warehouse space.
Mar 22, 2022

Avison Young arranges sale of Essex County industrial property

According to the firm, the 39,800-square-foot site has the only existing refrigerated space available for lease in North Jersey.

McCarter & English's update Gateway Center office by SJP Project Solutions.
Mar 22, 2022

SJP Project Solutions reveals initial renovations for McCarter & English (slideshow)

The first two phases of the restacking of the law firm's five-floor,100,000-square-foot workspace is complete. Overall, the project aims to match the office in Newark's Gateway Center to the new, post-COVID realities of work.

Money Home Coin Investment Business Finance Bank
Mar 21, 2022

Gateway Mortgage opens 14th NJ location

The financial firm with headquarters in Oklahoma opened the Moorestown center to meet increased demand for home financing.