PRINCETON--New renovations and additions designed by KSS Architects will greet students at three Barnegat Township elementary schools when they return to the classrooms this September.
WEEHAWKEN--The New Jersey Chapter of NAIOP, the Commercial Real Estate Development Association, will present a Mixed-Use Forum at a special Chapter Meeting to be held Monday, June 8, at the Sheraton Lincoln Harbor in Weehawken.
RED BANK--Morgan Stanley has announced that Wayne Chrebet, National Football League (NFL) veteran and former wide receiver with the New York Jets, has joined the Firm’s Global Wealth Management Group (GWMG) office in Red Bank as a financial advisor.
WASHINGTON TWP--Matrix Development Group has announced a lease with Scholastic Book Fairs, the global children's publishing, education and media outlet, at Northeast Business Park in Washington Township.
PARAMUS-- DMR Architects has been contracted to design a new building for Bergen County Special Services landscaping facility at the school's Paramus campus.
LIVINGSTON--Jonathan Wolfe, Esq., Skoloff & Wolfe, P.C., was recently named Chair of the New Jersey State Bar Association Young Lawyers Division at their annual meeting held May 13-15 at The Borgata Hotel Casino and Spa in Atlantic City.
SADDLE BROOK--CB Richard Ellis' Capital Markets Debt & Equity Finance group recently arranged $6 million in permanent fixed-rate mortgages for three industrial/flex properties located in the tri-state area.
PARSIPPANY--—The New Jersey office of FirstService Williams represented the landlord, Ivy Realty, on a six-year, 11,300-sf lease at 4 Woodhollow Road in Parsippany.
NEWARK--The New Jersey Chapter of NAIOP, the Commercial Real Estate Development Association, presented the 2009 Commercial Real Estate Awards at its Twenty-second Annual Gala held at the New Jersey Performing Arts Center in Newark.
MATAWAN -- The residential real estate market in New Jersey will bottom out in the next six months, if it hasn't already. The recovery will be underway by 2010, and New Jersey's residential real estate market, which has been affected less by the recession than those of many other states, will be among the first in the nation to recover.
GLEN ROCK-- The fairytale Norman-style homes of New Jersey architect Carl Kemm Loven served as a source of inspiration and admiration for a group of more than 20 architects from the Architects League of Northern New Jersey, a section of the state chapter of the American Institute of Architects (AIA-NJ), who toured the homes on May 9.
HASBROUCK HEIGHTS -- DMR Architects has hired Daniel J. DiPoalo as director of business development, responsible for new business growth in both the public and private sector.
PARSIPPANY---NAI James E. Hanson has been appointed the exclusive leasing agent by First Industrial Realty Trust for the office space portion of the Campus known as Montville Business Center in Pine Brook.
FAIRFIELD--Bergman Real Estate Group recently closed four new long-term leases at 155 Passaic Avenue in Fairfield.
PLAINFIELD-- More than 300 dignitaries, community leaders and local residents recently attended the dedication of the Plainfield Senior Citizen’s Center and Veterans Meeting Hall at The Monarch, a newly built condominium community.
EDISON--Mack-Cali Realty Corporation has signed new leases totaling 104,213 sf at two of its properties.
NEWARK--President Obama's longtime friend and campaign senior advisor Mark Alexander will reflect on his experiences and share his perspective at a special event on June 4, sponsored by the Newark Regional Business Partnership.
BRIDGEWATER--Denholtz Associates has announced that United Parcel Services (UPS), the world's largest package delivery company, has recently signed a 26,000-sf lease renewal at Bridgewater Business Park in Bridgewater.
LAS VEGAS--The economy may be down, and show attendance may be off from recent years, but retail deals are still in the pipeline and ICSC's annual RECON event is still the place to get those deals done...or at least get the ball rolling for an economic rebound.
HACKENSACK--NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, announced today that it has recently been appointed as the exclusive leasing/sales agency of record for a new 24,500-sf office building addition to the Hackettstown Regional Medical Center (HRMC), located at 651 Willow Grove Street in Hackettstown.
BRIDGEWATER--Advance Realty has retained CB Richard Ellis as the exclusive leasing agent for 360 Grove Street, a two-story, 8,375-sf office building in Bridgewater.
WARREN--Mack-Cali Realty Corporation has announced that Virgin Mobile USA L.P. has signed a new five-year lease for 93,376 sf at 10 Independence Boulevard, Somerset Hills Corporate Center, in Warren.
LIVINGSTON-- Jarmel Kizel Architects and Engineers Inc. has recently completed work on school projects for three clients throughout the state of New Jersey.
ORANGE-- The New Jersey Chapter of the American Institute of Architects (AIA-NJ) has announced its support of the restoration of the historic Orange Public Library at 348 Main St. in Orange with a financial contribution.
ROSELAND--Jeffrey Dunne, Kevin Welsh and Christopher Leonard of CB Richard Ellis' New York Institutional Group represented ownership in the sale of 425 Eagle Rock Avenue in Roseland for $17.5 million.
ISELIN-- The Hampshire Companies has acquired a 98,459-sf, four-story office building located at 186 Wood Avenue in Iselin from Siemens Corporation. The acquisition was made on behalf of Hampshire Partners Fund VII, Hampshire’s $350 million institutional real estate investment fund.
TRENTON--Advance Realty has retained NAI Fennelly as the exclusive leasing agent for 429 Riverview Plaza, a two-story, 30,394-sf Class A office building in Trenton.
EDISON--Hartz Mountain Industries has made the first of two installments totaling $1.5 million to Edison, and will soon begin the construction of Edison Towne Square, the mixed use redevelopment of the former Ford Plant on Route 1 slated to include retail, restaurants/cafes, hotel, entertainment venues and office space.
TRENTON--Advance Realty has retained NAI Fennelly as the exclusive leasing agent for 429 Riverview Plaza, a two-story, 30,394-sf Class A office building in Trenton.
ISELIN--Jeffrey Dunne and Kevin Welsh of CB Richard Ellis' New York Institutional Group collaborated with Jeffrey Babikian to represent Siemens Shared Services, LLC, an entity controlled by Siemens Corporation, in the sale of a 98,459-sf four-story office building on 19.43 acres located at 186 Wood Avenue South in the heart of Metropark in Iselin.
EDISON-—Mack-Cali Realty Corporation has announced that five of its office buildings in New Jersey have received The Office Building of the Year awards from the New Jersey Chapter of the Building Owners and Managers Association.
NEW BRUNSWICK--WithumSmith+Brown, PC, Certified Public Accountants and Consultants (WS+B) announced today that John Battaglia and Mitchel Steiner, formerly Managing Directors of MorrisAnderson & Associates Ltd., have joined WithumSmith+Brown as Principals and Co-Leaders of WS+B’s Lender Field Exam Services Team.
PARSIPPANY--Daiichi Sankyo, Inc. (DSI) has recently completed a major renovation and build-out of the interior of its Two Hilton Court U.S. headquarters facility to accommodate its growing workforce, creating sole occupancy by DSI of the building’s 186,000 sf.
WAYNE--Colliers Houston & Co. has announced the sale of an 88,435-sf corporate headquarter facility located at 70 Demarest Drive in Wayne.
TENAFLY--The Plaza at Tenafly, an upscale collection of condominium homes, received four awards for excellence in residential design and marketing at the New Jersey Builders Association (NJBA) Sales and Marketing (SAM) awards gala during the 60^th Annual Atlantic Builders Convention. The ceremony was attended by more than 500 professionals in the advertising, sales, marketing and homebuilding industries.
The Plaza at Tenafly won in the following categories: Best Brochure for a Community for a marketing brochure designed by Design 446; Best Color Magazine Ad designed by The New World Group; Best Interior Merchandising for a Mid-Rise designed by Childs/Drefyus Group; and Best Condo Flat Four Stories and Under for L&M Design’s work.
The awards were presented in more than 80 categories, including advertising and marketing campaigns that created awareness and increased sales in both print and digital media, as well as interior design and overall project and community recognition.
The Plaza at Tenafly includes three four-story elevator buildings with one- and two-bedroom simplex and duplex homes of up to 2,000 sf. Prices start at $325,000.
A variety of amenities are available to residents, including a 4,522-sf clubhouse with a state-of-the-art fitness center, living room with fireplace, catering kitchen, entertainment room with billiards, business center, and a private media room. Each homeowner also has access to one indoor and one outdoor parking space for their exclusive use as well.
The Plaza at Tenafly
www.plazaattenafly.com
CHATHAM--Ten-time Korean National Champion Byung Uk Kim will open World Champion K Taekwondo at Chatham Plaza, 449-465 Main Street in Chatham, announced Levin Management Corporation, the property’s exclusive leasing and managing agent. The new, 2,100-sf studio will open in May, offering a variety of classes for all age and skill levels.
ISELIN--The New Jersey office of FirstService Williams, the world's fourth largest commercial real estate services firm, recently completed 135,000 sf of leases at Woodbridge Corporate Plaza, a six-building office campus in Iselin.
NEWARK--CoreNet(Corporate Real Estate Executives Network) Global, New Jersey Chapter, has announced that the 2009 Summer Social will be held on the grounds of Trump National Golf Club, 900 Lamington Road in Bedminster.
PARAMUS, NJ--Chuck Lanyard, President of The Goldstein Group, has announced the completion of nine retail lease transactions for 7-Eleven.
NEW BRUNSWICK--The Northern New Jersey District Council of the Urban Land Institute (ULI-NNJ) has announced that they have assembled a panel of government officials, leaders and analysts in the real estate industry for a May 21 conference entitled "Anti-family Bias in Age-restricted Housing: A Sustainable Land Use Policy?" to be held in New Brunswick.
ISELIN--American Properties Realty will host home-buying workshops with the Otteau Valuation Group, as well as Chase Manhattan Mortgage, at two of its new luxury condominium communities.
PARSIPPANY-- The Enclave at Montvale, Woodmont Properties’ community of 20 villa homes was honored as one of New Jersey’s best communities by the New Jersey Builders Association at its 22nd Annual Sales and Marketing (SAM) Awards Gala, held on April 21 at the Borgata in Atlantic City.
WOODBRIDGE, NJ - In commercial real estate, development opportunities still exist, especially if you're a multifamily maven. They're just a lot harder to find. And if you're looking for money, it's also there, just a lot harder to pry loose from lenders. That was the general message at yesterday's Third Annual Greenbaum Commercial Real Estate Conference, sponsored by the law firm Greenbaum Rowe Smith & Davis and co-hosted by New Jersey & Company.
ATLANTIC CITY--Pulte Homes’ Metro NY/NJ Division received seven awards at the New Jersey Builders Association’s 22nd Annual Sales and Marketing (SAM) Awards in Atlantic City on April 21.
ASBURY, NJ/BETHLEHEM, PA--At the “Today’s Trends in Commercial Real Estate” Luncheon on Friday, May 1, 2009 at the Holiday Inn Conference Center in Allentown, Pennsylvania, the Greater Lehigh Valley Chamber of Commerce named J.G. Petrucci Co., Inc. (JGPCO) as its Developer of the Year for 2009.
NEW YORK, NY-—ScheinMedia, publisher of New Jersey & Company and New York House magazines, MetroGreenBusiness.com, GreenBusinessCareers.com, and NYinc.com; and producer of ScheinMediaConferences, announces the publication of the premiere issue of NYinc magazine, a quarterly publication that captures and delves into the stories behind the news and an outgrowth of NYinc.com, a news website with daily e-news delivery.
PARSIPPANY--NAI James E. Hanson has agreed to acquire Schilp & Co. Realtors, a real estate brokerage firm currently located in Morris County.
EDISON--The New Jersey Association of REALTORS® (NJAR®) has announced Monday’s confirmation of Christina P. Clemans to the State Housing Commission by New Jersey Senate.
HOBOKEN-- Halstead Property has announced the opening of a new storefront office to service the metropolitan New Jersey area.
LIVINGSTON, NJ--Gebroe-Hammer Associates has closed six separate multi-family housing transactions totaling $6.4 million throughout the Northeast.
EAST RUTHERFORD-- Cushman & Wakefield, Inc. has promoted Harlan Hollander, JD, to the position of associate director, brokerage services.
EATONTOWN--American Properties Realty has announced that its condominium community, Mill Pond at Eatontown, has been awarded three Sales and Marketing (SAM) Awards from the New Jersey Builders Association (NJBA), including the "Community of the Year" award in the mid-rise/high-rise community under $400,000 category.
SADDLE BROOK--According to CB Richard Ellis' First Quarter 2009 New Jersey Industrial MarketView report, despite the downward pressures resulting from poor domestic consumption and weaker international trade flows during the first quarter of 2009, there exist significant windows of opportunity for entrepreneurial tenants and smaller foreign companies that are looking to lock in longer term leases at lower rates in New Jersey's industrial market.
TURNERSVILLE-- Andrew Stewart and Dev Morris at Cronheim Mortgage have arranged $11,000,000 in financing for Washington Plaza, a retail property, at 780 Black Horse Pike in Turnersville.
JERSEY CITY--Through May 31, Wells Fargo is offering a 3.99 percent financing option to Dixon Mills buyers.
ASBURY-- On Thursday, April 30th, J.G. Petrucci Co., Inc. (“JGPCO”) hosted its 6th Annual Crossing Borders Charity Awards Luncheon.
NEW BRUNSWICK--The New Jersey Carpenter Contractor Trust will receive NAIOP-NJ's Chairman's Award, slated to be presented at the 22nd Annual Commercial Real Estate Awards Gala on Thursday, May 14, 2009 at the New Jersey Performing Arts Center in Newark.
ROSELAND--Two law firm tenants have renewed their leases at 425 Eagle Rock Ave. in Roseland, announced Richard Baumstein of Cushman & Wakefield, exclusive leasing agent for the 126,710-sf, Class A property.
SADDLE BROOK--CB Richard Ellis' Private Client Group has been named the exclusive investment sales agent for a 10 building, 306-unit apartment portfolio located in the Journal Square area of Jersey City.
HASBROUCK HEIGHTS-- DMR Architects has been retained to design a residential development covering 200 acres at Los Reyes, the premier residential community in Costa Rica.
