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NAIOP NJ rolls out CREDA rebrand with plans to grow
A who's who of industry professionals came out July 1 to celebrate the re-introduction of the Commercial Real Estate Development Association at The Park in Berkeley Heights. The move aligns with the national organization while expanding its commercial real estate mission locally.
CoreWeave expands Livingston HQ by 31,000 square feet
Reinforcing N.J. growth in AI cloud computing, fast-growing company CoreWeave has added another 31,000 square feet of space at The Eisenhower, an accessible and updated Class A office building in Livingston.
Kislak relocates brokerage headquarters in Woodbridge
Commercial real estate firm The Kislak Co. Inc. has called the township home for more than 40 years. Now, it's expanding into a new built-to-suit space with regional accessibility.
West Elm mixed-use secures $21M refi as Hoboken Connect advances
West Elm-anchored mixed-use property in Hoboken secures $21.12 million refinancing as Hoboken Connect reaches key redevelopment milestones.
NAIOP expects office market stabilization despite slowdown
NAIOP, the Commercial Real Estate Development Association, says office demand has stabilized as vacancy improves, though recession fears and slower growth cloud outlook. Meanwhile, the New Jersey office market continues to reflect a bifurcated trend between high-end Class-A product and older office inventory, NAIOP President and CEO Marc Selvitelli shared with NJBIZ.
Jersey Mike’s leases 68,750 SF at Bell Works Fort Monmouth (updated)
The sub sandwich giant is sticking close to its Jersey Shore roots, signing an office lease for nearly 70,00 square feet of space at Inspired by Somerset Development's "Baby Bell."
Real Capital Solutions buys 30 Montgomery, enters Jersey City
In partnership with Lamar Cos., Real Capital Solutions has acquired waterfront office property 30 Montgomery, marking its entrance to the hot Hudson County market.
Kislak arranges 27K-sf lease for Our House in New Providence
Kislak Commercial arranged the deal on behalf of the tenant, which will bring the nonprofit to the Spring Street Innovation Center in Union county, establishing a new HQ and expanding space for day program services.
Oak Funding closes $80M Parsippany office refinancing
The funding for the property owned by a JV of Rubenstein Partners and Vision Real Estate Partners – and housing Avis, Gilead, Reckitt and others – will help support lease-up and upgrades as the local Class A office market continues to gain traction.
Fully leased West Orange office building sells for $17M
Cushman & Wakefield arranged the sale of the 129,000-square-foot building, signaling continued demand for upgraded suburban office assets near retail and residential assets.
IOREBA Developer’s Night in Teaneck set for March 30
This year's event will feature networking and a panel discussion for industrial and office real estate professionals exploring key industry trends in the region. Save your spot.
Photos: Haleon breaks ground on Berkeley Heights HQ
NJBIZ was on the scene at The Park as consumer health giant Haleon starts work on a new 78,000-square-foot headquarters that will bring more than 700 employees to Union County – and keep the company based in N.J.
