Real Estate

Real Estate

By Lynda Cohen
Newark | November 16, 2017 at 12:37 pm

16 11, 2017

Clinton St. property in Newark sells for $1.8M

2017-11-16T12:37:58+00:00

Property owned by Newark Public Schools and the Newark Teachers Union has sold for $1.8 million. The buyer is not being disclosed, according to CBRE Tri-State Investment Properties, which handled both sides of the deal. Charles Berger, Elli Klapper and Mark Silverman, along with Advisory & Transaction Service’s Cheryl Hardt, ...

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Clinton St. property in Newark sells for $1.8M 2017-11-16T12:37:58+00:00
16 11, 2017

Levin’s retail survey finds hope for strong holiday season

2017-11-20T10:43:33+00:00

Levin Management Corp.’s retailers are anticipating a strong holiday season, according to its Pre-Holiday Retail Sentiment Survey. The North Plainfield commercial real estate firm with a 100-property, 14 million-square-foot shopping center portfolio found 62.4 percent of those surveyed had same or higher sales through late October, a jump of nearly ...

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Levin’s retail survey finds hope for strong holiday season 2017-11-20T10:43:33+00:00
15 11, 2017

Gateway Project hits milestone with S.J. Gas topping-off

2017-11-17T10:38:58+00:00

The $220 million Atlantic City Gateway Project celebrated another milestone Wednesday afternoon with a topping-off ceremony for the new headquarters of South Jersey Gas that drew numerous dignitaries from around the city and county. “Today, we come together to celebrate progress,” South Jersey Gas President Dave Robbins said. “Progress on ...

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Gateway Project hits milestone with S.J. Gas topping-off 2017-11-17T10:38:58+00:00
15 11, 2017

Large-format printer leases space in S. Hackensack

2017-11-17T10:40:12+00:00

A large-format printing company is coming to South Hackensack. KDF Inc. will lease 10,674 square feet of space at 61-65 Worth St., announced NAI James E. Hanson, which arranged the deal. The Rockleigh-based company specializes in vehicle wraps, three-dimensional displays, wall murals, banners and posters. NAI Hanson’s Michael Walters and ...

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Large-format printer leases space in S. Hackensack 2017-11-17T10:40:12+00:00
15 11, 2017

Gebroe-Hammer arranges $89M worth of multifamily sales

2017-11-17T10:40:30+00:00

Gebroe-Hammer Associates has sold three properties totaling nearly 900 units for nearly $88.9 million combined. “In general, no new competitive stock has been introduced in South Jersey during the past 18 to 24 months, nor is any on the books for 2018 or 2019,” said Eli Herskowitz, sales associate and ...

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Gebroe-Hammer arranges $89M worth of multifamily sales 2017-11-17T10:40:30+00:00
14 11, 2017

Prologis building 540K sq.ft. distribution hub for Allied Beverage

2017-11-16T14:47:09+00:00

Allied Beverage Group and Prologis Inc. are set to build a new distribution center in Elizabeth. The beverage company headquartered in Carlstadt signed a long-term lease agreement for the 33-acre property on Kapkowski Boulevard. “We are excited to have found this location and developer, Prologis, following a wide-ranging search,” said ...

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Prologis building 540K sq.ft. distribution hub for Allied Beverage 2017-11-16T14:47:09+00:00
14 11, 2017

Weichert creates property management firm

2017-11-14T11:38:53+00:00

The Weichert Family of Cos. has announced a new property management company. Weichert Property Management is building on the Morris Plains company’s more than 30 years of experience providing in-house property management services to thousands of clients. The company offers a broad range of property management services for property owners, ...

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Weichert creates property management firm 2017-11-14T11:38:53+00:00
14 11, 2017

In Jersey City, a new luxury building — and financing for a museum

2017-11-16T14:48:05+00:00

It was a busy day for Jersey City Mayor Steven Fulop, who took part in the ribbon-cutting for a new luxury residential building in the Paulus Hook neighborhood Monday, and also announced plans for a new museum and community center in Journal Square. Fulop and other officials, along with executives ...

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In Jersey City, a new luxury building — and financing for a museum 2017-11-16T14:48:05+00:00
13 11, 2017

Broadridge cuts ribbon on new headquarters in Newark

2017-11-13T15:45:44+00:00

Broadridge, a fintech company its president calls “the most important company you’ve never heard of,” cut the ribbon on its new headquarters in Newark on Monday afternoon at 2 Gateway Center. But, based on the list of dignitaries from around the city at the event, you can be sure the ...

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Broadridge cuts ribbon on new headquarters in Newark 2017-11-13T15:45:44+00:00
13 11, 2017

NAIOP NJ honors industry leaders at awards dinner

2017-11-15T10:52:12+00:00

NAIOP New Jersey honored some of the real estate industry’s top names recently at its Annual President’s Awards and Hall of Fame Dinner. The organization, the state’s chapter of a national commercial real estate trade association, announced its volunteer winners and inducted its Hall of Famers earlier this month at ...

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NAIOP NJ honors industry leaders at awards dinner 2017-11-15T10:52:12+00:00
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