Alfred Sanzari said that a new tenant is preparing for arrival at the 670,000-square-foot North Jersey complex, leaving its Manhattan location in favor of flexible space, amenities and major highway access.
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Real Estate
NAI Fennelly negotiates reacquisition in Robbinsville
The firm's history at the property stretches back 20 years, when it initially marketed and sold a full-floor, 23,000-square-foot office condo to American Heart Association.
Read More »NJ engineering firm acquired by Maine’s Ransom Consulting
Civalier Engineering & Surveying Inc. makes for the buyer's second Garden State location.
Read More »AvalonBay purchases Princeton property from KABR Group
CBRE said it represented both the buyer and the seller in the deal, which will see Thanet Circle transformed into a rental apartment community with more than 200 units.
Read More »Metropark property to see multimillion-dollar capital improvement program
Avison Young said its New Jersey Project Management Group was retained by Opal Holdings LLC to oversee construction at 194 Wood Ave. South in Iselin.
Read More »Kislak sells South Orange multifamily for $3.075M
The deal set what Senior Vice President Scott Davidovic characterized as a record per-unit price point for a "smaller" South Orange apartment building, at almost $280,000.
Read More »Fairstead acquires downtown Newark’s Essex Plaza portfolio
A fully affordable housing package in New Jersey's largest city has a new owner who plans to invest millions to begin upgrades at one building at the complex before the year is out, with improvements to come later to its remaining 12 properties.
Read More »Duke Realty breaks ground, secures long-term lease with FreezPak
A 26-acre site in Middlesex County will house a build-to-suit freezer facility with more than 267,000 square feet for the cold storage and transportation services company.
Read More »SCALE closes $71M construction loan for Bergen County multifamily
The State Property Group affiliate says it has lent more than $1 billion in the New York Metro area over the past 18 months.
Read More »Lee & Associates aids Kumon Learning expansion
The commercial real estate services firm said it arranged two leases for the after-school learning center.
Read More »Two of first three Daybase locations set up in NJ
“Work is no longer a place,” said the hybrid work company's chief executive Joel Steinhaus, a former executive at remote workplace outfit WeWork. “In the past, individuals and companies alike did not have professional-grade, convenient options between home and the main commercial office."
Read More »Onyx Equities welcomes 8 restaurants to Gateway Center’s The Junction
Eight new eateries are joining the ranks the 100,000-square-foot retail and hospitality area, the owner and developer of the 2.3 million-square-foot complex announced Oct. 27, along with a competition to fill the section's final space and plans for a job fair in 2022.
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