Real Estate

Real Estate

By Tom Bergeron
Newark | October 20, 2017 at 12:20 pm

20 10, 2017

Babineau joins executive committee of Rutgers’ Center for Real Estate

2017-10-20T12:20:39+00:00

Anne S. Babineau, a co-chair of the Real Estate practice at Wilentz, Goldman & Spitzer, has been appointed to join the executive committee of the advisory board at the Rutgers Center for Real Estate, the organization announced. Babineau has worked on some of New Jersey’s most challenging projects, the release ...

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Babineau joins executive committee of Rutgers’ Center for Real Estate 2017-10-20T12:20:39+00:00
20 10, 2017

C&W to handle leasing for 400K sq.ft. Parsippany office building

2017-10-20T11:13:11+00:00

Cushman & Wakefield is now the exclusive leasing agent for Parsippany’s 400,000-square-foot Class A office building at 2 Gatehall Drive. The Cushman team managing the new agency leasing assignment will consist of Executive Managing Director Curtis Foster and senior associate Jerry Shifrin, out of the firm’s East Rutherford office, along ...

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C&W to handle leasing for 400K sq.ft. Parsippany office building 2017-10-20T11:13:11+00:00
19 10, 2017

Six other N.J. municipalities submit bids for Amazon HQ2

2017-10-20T09:19:47+00:00

(Editor's note: This story was updated Friday with the addition of a sixth bidder.) At least six New Jersey municipalities that were not selected by the state are putting in a bid to land Amazon’s second headquarters. As of the application deadline, Thursday, Atlantic City, Camden, Jersey City, New Brunswick, ...

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Six other N.J. municipalities submit bids for Amazon HQ2 2017-10-20T09:19:47+00:00
19 10, 2017

N.Y. company buys Hackettstown complex from Hampshire

2017-10-19T11:16:13+00:00

A Hackettstown flex-industrial complex was sold to a New York real estate investment company. Devli Group bought the Hackettstown Commerce Park, a three-building complex with access to Route 46 and Interstate 80, Morristown real estate firm The Hampshire Cos. announced. The park currently is 88 percent leased, with unit sizes ...

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N.Y. company buys Hackettstown complex from Hampshire 2017-10-19T11:16:13+00:00
17 10, 2017

Liquor store signs lease for 7,500 sq.ft. in Mount Holly

2017-10-17T09:54:51+00:00

Liquor store Cork N Bottle has leased 7,500 square feet at Fairground Plaza in Mount Holly. Andrew Kyriacou, senior leasing representative at North Plainfield’s Levin Management Corp., arranged the long-term lease at the 178,500-square-foot Burlington County retail property. Robert Fumo, of Fumo Realty Co. in Cinnaminson, represented the tenant. Fairground ...

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Liquor store signs lease for 7,500 sq.ft. in Mount Holly 2017-10-17T09:54:51+00:00
16 10, 2017

Christie: Newark was ‘clear winner’ of state’s backing for Amazon bid

2017-10-19T13:52:50+00:00

On Monday at the Rutgers Business School, Gov. Chris Christie decisively announced that the city of Newark had won the competition to have the state’s full support in a bid to land Amazon’s new headquarters. “Let me be clear on this: Newark was the clear winner of this competition,” he ...

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Christie: Newark was ‘clear winner’ of state’s backing for Amazon bid 2017-10-19T13:52:50+00:00
15 10, 2017

Christie picks Newark as state’s Amazon bid; announcement today

2017-10-18T11:39:18+00:00

Newark has been selected by the governor’s office to be the state’s endorsed recommendation in the effort to land Amazon’s second headquarters, ROI-NJ has learned. Two sources familiar with the decision told ROI-NJ that Newark was the selection. Both sources asked for anonymity because they are not authorized to speak ...

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Christie picks Newark as state’s Amazon bid; announcement today 2017-10-18T11:39:18+00:00
13 10, 2017

Newark real estate firm pays $63M for 16 North Jersey properties

2017-10-17T09:45:18+00:00

Newark’s One Wall Partners has expanded its in-state ownership. The real estate investment and management firm based recently completed the all-cash purchase of a 16-property portfolio in East Orange, West New York and Jersey City for $63 million. The purchase from Shapco Property Management makes OWP the largest property owner ...

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Newark real estate firm pays $63M for 16 North Jersey properties 2017-10-17T09:45:18+00:00
13 10, 2017

Mack-Cali sells New Providence office building

2017-10-13T10:38:49+00:00

Mack-Cali Realty Corp. has sold an 81,000-square-foot New Providence office building, according to real estate services firm CBRE Group Inc. The Class A property at 890 Mountain Ave. comprises 81,075 square feet at the corner of Mountain Avenue and Diamond Hill Road. CBRE Institutional Properties’ Jeffrey Dunne and Jeremy Neuer ...

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Mack-Cali sells New Providence office building 2017-10-13T10:38:49+00:00
13 10, 2017

Kislak offers details of Kushner Cos.’ deal for Long Branch motel

2017-10-17T09:45:28+00:00

A Kushner Cos. affiliate paid $6 million for the Ocean Court by the Sea motel in Long Branch, according to a news release from brokerage The Kislak Co. Inc. The deal, which had been reported earlier this month, saw St. Mary Developers LLC sell the motel at 170 Ocean Ave. ...

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Kislak offers details of Kushner Cos.’ deal for Long Branch motel 2017-10-17T09:45:28+00:00
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