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Thursday, September 28, 2023

Gebroe-Hammer finalizes $56M sale of apartment complex in Monmouth County

Gebroe-Hammer Associates announced Thursday it has finalized the $56 million sale of an apartment complex in Atlantic Highlands. The complex, Thousand Oaks Village, is comprised of 20 two-story buildings and 304 garden-style units. It has...

Rutgers Real Estate Center releases landmark study on school-aged children in multifamily properties

The number of school-age children in multifamily housing units increases with the number of bedrooms, regardless of the residents’ income level and building product type. And, if income and bedrooms are fixed, it can...

Lofts at Lincoln Park celebrates ribbon-cutting in Newark’s East Ward

Mayor Ras Baraka joined Mid-Atlantic Alliance executives Thursday to cut the ribbon on the city’s latest new housing: the Lofts at Lincoln Park. The 55,000-square foot, four-story building, located on Clinton Avenue in the city’s...

CBRE report: Increase in N.J.’s prime logistics rents among highest in world

London, Paris, Beijing … New Jersey? When it comes to prime logistics rents, New Jersey can compete with some of best-known areas in the world. At least, that was the conclusion of a new report from...

HFF announces $9.1M financing for industrial building

Holliday Fenoglio Fowler L.P. announced the $9.1 million financing for a Class B industrial building in Swedesboro. The 254,250-square-foot property, located at 405 Heron Drive, is within close access to Interstate 95, the New Jersey...

Roseland begins leasing at Weehawken luxury building

Roseland Residential Trust has begun leasing at its RiverHouse 11 at Port Imperial property in Weehawken, it announced recently. Roseland, a subsidiary of Mack-Cali Realty Corp., is a developer, owner and manager of luxury multifamily...

Move-ins begin at One Theatre Square

Philadelphia-based developer Dranoff Properties Inc. announced Wednesday it has welcomed the first residents at One Theatre Square, a luxury high-rise in downtown Newark. The 22-story property at 2 Center St. sits across from the New...

Quantum Real Estate Group rebrands to Forte Real Estate Development

Quantum Real Estate Group, a Middlesex-based developer, announced Wednesday it is rebranding as Forte Real Estate Development. The change, the company said, reflects its growth as well as its reputation as builders. “We wanted our brand...

D.R. Horton opens home community in Manahawkin

D.R. Horton's New Jersey division has opened its Stafford Park community in Manahawkin, it announced Wednesday. The community features six home plans, featuring three to five bedrooms and two to four bathrooms, ranging from 1,900...

Large deals propel N.J. office market, Cushman & Wakefield says

There were six office leases larger than 100,000 square feet that propelled North and Central Jersey's office market in the second quarter, according to Cushman & Wakefield. “Large transactions have returned to the New Jersey...

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Hillmann named principal deputy chief of staff

Tim Hillmann, who currently serves as deputy chief of staff for government affairs, has been promoted to principal deputy chief of staff, Gov. Phil...

Rutgers unveils plans for potential $600M medical school renovation in Newark (PHOTOS)

Could a transformational $600 million renovation at New Jersey Medical School that potentially brings more world-class physician-scientists and biomedical researchers to the city of...

9-acre site in Hunterdon, zoned for commercial, on market

Here’s something you don’t see on the market every day: 9 acres in Hunterdon County, zoned for commercial use and on a highly accessible...

Presenting the 2023 Champions of the C-Suite honorees

Here it is: The list of the Top 150 business leaders in the state of New Jersey. An impressive group — made up of...
ROI-NJ Champions of the C-Suite

Presenting the 2023 Champions of the C-Suite honorees: R-Z

Here it is: The list of the Top 150 business leaders in the state of New Jersey. An impressive group — made up of...