Real Estate

Real Estate

By Tom Bergeron
Sayreville | November 13, 2017 at 12:23 pm

13 11, 2017

$2.5B, 418-acre Sayreville development to be announced

2017-11-15T16:24:39+00:00

National developer North American Properties will announce Monday what is believed to be the largest mixed-used project in state history, ROI-NJ has learned. The project, Riverton, will be a $2.5 billion, 418-acre development on the Raritan River in Sayreville at the former site of National Lead paint company. The project ...

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$2.5B, 418-acre Sayreville development to be announced 2017-11-15T16:24:39+00:00
13 11, 2017

Industrial leasing remains strong in Q3, NAI Hanson says

2017-11-15T10:53:01+00:00

Northern and central New Jersey’s industrial market’s leasing velocity continued in the third quarter, with an increase of nearly 1 million square feet over the previous quarter, according to NAI James E. Hanson. Sales volume in the third quarter also saw a marked increase, with more than $573 million in ...

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Industrial leasing remains strong in Q3, NAI Hanson says 2017-11-15T10:53:01+00:00
13 11, 2017

FEM aims to break mold of Shore development in Long Branch

2017-11-15T10:53:15+00:00

You can say South Beach at Long Branch, the $50 million-plus high-end modern luxury condominium complex scheduled to open at the Shore in the spring of 2019 — featuring units that start at $1.2 million — was inspired by the famed strip in Miami Beach, and you wouldn’t be wrong. ...

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FEM aims to break mold of Shore development in Long Branch 2017-11-15T10:53:15+00:00
13 11, 2017

Renovated Hoboken property gets new name (slideshow)

2017-11-15T10:53:54+00:00

The Metropolitan in Hoboken now has a new name to go along with its new ownership. The Bexley is an upscale residential and retail building at 1300 Clinton St., announced Advance Realty, which bought the complex in February. The Bridgewater-based real estate company is now leasing the newly renovated apartments, ...

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Renovated Hoboken property gets new name (slideshow) 2017-11-15T10:53:54+00:00
10 11, 2017

Mars Wrigley seeks Grow NJ grant to move to Newark

2017-11-13T10:09:41+00:00

Mars Wrigley Confectionery US LLC, the company created shortly after Mars Inc. took full control of Wrigley last fall, has applied for a 10-year, $31.5 million Grow New Jersey grant to open an office in Newark. The application will be heard next Tuesday at the next New Jersey Economic Development ...

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Mars Wrigley seeks Grow NJ grant to move to Newark 2017-11-13T10:09:41+00:00
10 11, 2017

Payment firm Billtrust moving to Lawrenceville, adding 200 jobs

2017-11-14T10:29:02+00:00

Payment-cycle software company Billtrust is moving to Lawrenceville. Billtrust expects to create 200 new jobs and retain 228 employees in connection with Grow New Jersey tax credits awarded by the New Jersey Economic Development Authority. Vision Real Estate Partners arranged a 90,000-square-foot lease with the company at 1009 Lenox Drive ...

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Payment firm Billtrust moving to Lawrenceville, adding 200 jobs 2017-11-14T10:29:02+00:00
10 11, 2017

Middle Eastern restaurant signs lease at Rutgers Plaza

2017-11-14T10:29:11+00:00

Flame Kabob House just got its second New Jersey location. The family-owned and operated Afghan/Middle Eastern restaurant is leasing 1,500 square feet at Rutgers Plaza in Franklin Township. It already had a restaurant in Neptune. Real estate services firm Levin Management Corp. arranged the lease at the plaza, where it ...

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Middle Eastern restaurant signs lease at Rutgers Plaza 2017-11-14T10:29:11+00:00
10 11, 2017

C&W handles two office sales for partnership, working on third

2017-11-14T10:29:37+00:00

Cushman & Wakefield has represented a partnership between Normandy Real Estate Partners and MRY Associates LLC in two recent sales, and is angling for a third, the firm said recently. The team of Douglas Harmon, Adam Spies and Kevin Donner, along with a New Jersey-based Capital Markets team of Gary ...

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C&W handles two office sales for partnership, working on third 2017-11-14T10:29:37+00:00
10 11, 2017

Logistics needs fuel industrial real estate market, report says

2017-11-14T10:29:47+00:00

Demand for logistics space is fueling rents and slashing availability in the New Jersey industrial real estate market, according to a new report from CBRE. In its New Jersey Industrial Marketflash for November, the real estate services firm touched on three major points: Shrinking availability; Rent growth; Development pipeline. In ...

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Logistics needs fuel industrial real estate market, report says 2017-11-14T10:29:47+00:00
9 11, 2017

Bread maker renews leases at two Carlstadt properties

2017-11-13T10:49:06+00:00

Tribeca Oven Inc., an artisan bread maker, has renewed a pair of industrial leases in Carlstadt, according to real estate firm Colliers International NJ LLC Inc. The company occupies 425 and 447 Gotham Parkway, two adjacent buildings that house its distribution and bakery operations, respectively. Tribeca Oven moved from New ...

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Bread maker renews leases at two Carlstadt properties 2017-11-13T10:49:06+00:00
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