New Jersey Commercial Real Estate News
NKF Negotiates 67,763-SF Lease for Regional Office
Newmark Knight Frank represented The TriZetto Group Inc. in a new, long-term lease extension for 67,763 sq. ft. at 1085 Morris Avenue in Union....
NAIOP: Paradigm Shift in Remediation Landscape
New Jersey’s site remediation landscape was altered dramatically with passage of the Site Remediation Reform Act, with upcoming March and May deadlines bringing mandatory changes in the way site remediation is performed. ...
EDA Advances NJ's First Technology Incubator
With an eye toward nurturing the next generation of technology pioneers, the New Jersey Economic Development Authority (EDA) this week approved entering into a partnership with TechLaunch, LLC to create the state’s first Technology Accelerator....
Mack-Cali, Winthrop Acquire Mezzanine Position on Portfolio
Mack-Cali Realty Corporation, along with Winthrop Realty Trust, have formed a joint venture that acquired a senior mezzanine loan position....
Several Transactions Closed by Goldstein Group
The Goldstein Group recently completed several retail transactions throughout northern and central New Jersey....
Eagan Named Chair of NJSBA's Tax Sub-Committee
John J. Eagan, a member of Norris McLaughlin & Marcus P.A., has been named Chair of the newly formed International Taxation Sub-Committee of the Taxation Law Section of the New Jersey State Bar Association. ...
Saddle River Grand 50% Sold
In three months from launching pre-sales, half of the 68 residences at Saddle River Grand have been sold....
Vornado’s Fund Recapitalizes Crowne Plaza Hotel
Vornado’s 25 percent owned real estate fund (Vornado’s Fund) and the owner of the property have recapitalized the Crowne Plaza Hotel in Times Square....
MMCC Names Joseph Belgiovine Associate Director
Marcus & Millichap Capital Corporation (MMCC) has named Joseph Belgiovine as an associate director in the firm’s New Jersey office, according to William E. Hughes, senior vice president and managing director of MMCC....
C&W Arranges HQ Lease Renewal for Spencer Savings Bank
Spencer Savings Bank has renewed its headquarters lease for 40,000 sq. ft. at River Drive Center 3, 611 River Drive in Elmwood Park....
Inserra Pursues ShopRite of Wyckoff Plan
The Inserra Supermarkets development team appeared before the Township of Wyckoff Planning Board to present further testimony on the proposed ShopRite at Wyckoff and Greenwood Avenues. ...
TreeTop Development Acquires Four Properties
TreeTop Development, a Newark-based multi-faceted real estate company, recently completed the purchase of four properties in New York City consisting of over 80 apartment homes and 11 retail spaces totaling 10,000 sq. ft....
Michaels Stores Leases at Fairlane Village Mall
Arts and crafts retailer Michaels Stores Inc. has leased 22,000 sq. ft. at Fairlane Village Mall in Pottsville. ...
Hollister Completes Fit-Out of ZS Associates' Office Space
Hollister Construction Services has completed the fit-out of ZS Associates, Inc.’s Princeton office....
WIP, AEW Capital Management Acquire First Property
Woodmont Industrial Partners and AEW Capital Management have jointly acquired the I-78 Logistics Center....
