Real Estate

Nov 24, 2021

Spiezle Architectural Group acquires Florida firm

Founded in 1990, the target has grown over the last three decades and now executes design and renovation projects for governmental, education, commercial, retail, arts, civic, health care, residential and religious buildings.

Nov 24, 2021

Bell Works’ flex workspace Campus celebrates groundbreaking (slideshow)

Somerset Development's latest addition at the Holmdel metroburb is slated to occupy 72,000 square feet and offer turnkey office space and flexible-termed leases to medium-sized companies.

Greg Adami, chief financial officer and chief operations officer, Diversified Properties.
Nov 23, 2021

Diversified Properties adds chief to lead finance, ops

Described in his hiring announcement as "a self-motivated agent of change," Greg Adami is joining the commercial and residential real estate developer and owner's team as chief financial officer and chief operations officer.

The Shoppes at Edison Village
Nov 23, 2021

Prism’s The Shoppes at Edison Village adds 3 tenants for 2022

A restaurant with Brooklyn roots, a local independent pharmacy and a physical therapy provider are joining Prism Capital Partners' redevelopment of Thomas Edison's historic Invention Factory and Commerce Center.

250 Industrial Way W. in Eatontown.
Nov 23, 2021

RIPCO retained for sale of 138K-square-foot Monmouth County building

The 138,163-square-foot property marks the Investment Sales team's expansion into New Jersey. According to the firm, it expects proposals in the mid-$40 million range.

Human resources
Nov 23, 2021

CBRE expands Tri-State investment sales team

Two new hires from Marcus & Millichap are joining the group headed by Vice Chairman Jeffrey Dunne as senior vice presidents and partners.

Glenpointe in Teaneck.
Nov 23, 2021

Lease expansion brings The Atrium at Glenpointe to 98% occupancy

Alfred Sanzari Enterprises said Nov. 22 that the Center for Developmental Psychiatry signed for 1,614 square feet of office space at the Teaneck "work-play-stay" corporate campus.

Wonder Lofts at 720 Clinton St. in Hoboken offers 360-degree views of the Manhattan skyline - not to mention all of Hoboken, and further - from its highest rooftop, which is also landscaped and features an infinity-edge swimming pool.
Nov 23, 2021

Wonder Lofts half sold following October launch

Having baked fresh loaves from the 1910s to the 1960s, the Hoboken residences were developed by Prism Capital Partners at the historic Wonder Bread Factory in partnership with Parkwood Development and Angelo Gordon.

Somerset Shopping Center in Bridgewater.
Nov 23, 2021

Optimum store signs on at Bridgewater’s Somerset Shopping Center

A transaction for a 1,100-square-foot store marks the introduction of a new tenant category at the 219,000-square-foot retail property.

645 Howard Ave. in Somerset.
Nov 22, 2021

Bussel secures 5,000 square feet in Somerset

The new space will provide temporary overflow for the importer-tenant's business operations, according to Industrial Specialist Steve Jaynes.

East Hanover Commerce Center industrial/flex complex in Morris County.
Nov 22, 2021

CBRE named exclusive leasing agent for East Hanover Commerce Center

Vision Real Estate Partners and Barings chose the firm to lease the more than 167,000-square-foot Morris County complex.

R.J. Brunelli & Co. represented the property owner on the sale of this 25,000-square-foot freestanding building in East Brunswick housing a Jersey Strong health club to KHC Development Inc., the firm announced Nov. 22, 2021. It also represented Jersey Strong on a new long-term lease for the building with the new property owner.
Nov 22, 2021

R.J. Brunelli sells 2 properties, completes twice as many leases

Well-known names like Rita's Ice and European Wax Center signed agreements, according to the Old Bridge-based brokerage, while the sales were executed through a pair of 1031 Like-Kind Exchanges.