Re-nj.com [2021]

Real Estate NJ – The Commercial Real Estate Voice of New

A private equity firm has expanded its reach in the New Jersey commercial real estate sector, announcing a $35 million loan for a two-building office portfolio in Essex County. Finance & Capital Markets. J&L lands $94 million construction loan for long-awaited, 403-unit project in Newark. June 28, 2021. Finance & Capital Markets.

Actived: 8 days ago

URL: https://re-nj.com/

Welcome to Real Estate NJ! – Real Estate NJ

(4 days ago) Welcome to Real Estate NJ! We all know the media industry is changing by the day, but one constant in recent years has been the appetite for real-time, thoughtful news about business and industry. Commercial real estate is no exception — especially when it comes to New Jersey. It’s why we’re incredibly proud to launch Real Estate NJ, a

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Current Issue – Real Estate NJ

(1 days ago) Kushner Real Estate Group and National Real Estate Advisors have opened the second of three towers at their Journal Squared project in Jersey City, having leased more than 50 percent of its 704 luxury apartments amid the ongoing revival of a historic neighborhood.

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The Real Estate NJ events calendar – Real Estate NJ

(6 days ago) Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great

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Subscribe – Real Estate NJ

(7 days ago) Subscribe – Real Estate NJ. To subscribe to Real Estate NJ, please contact As a subscriber, you’ll have access to a publication that is unlike anything else you’ll find in New Jersey. Our monthly magazine is a collection of market news, insights, and features that give you access to decision-makers, thought leaders

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Real Estate NJ’s 2021 Market Forecast – Real Estate NJ

(5 days ago) How the real estate and construction markets fare will vary by sector and rely heavily on how the crisis affects consumers and businesses within each area. Activity in hard-hit sectors like hotels and restaurants will be slow, and government budget cutbacks will limit public contract opportunities. There is a lot of uncertainty in the office

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Gallium Real Estate – Real Estate NJ

(2 days ago) Developers unveil 91-unit rental property, Bayonne’s latest residential offering. October 16, 2020. A joint venture has added to Bayonne’s fast-growing stock of luxury apartments, unveiling a 91-unit property about a block from the Hudson-Bergen Light Rail. Finance & Capital Markets.

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Retail – Real Estate NJ

(9 days ago) Father and son thriving together as part of JLL capital markets team in New Jersey. June 18, 2021. JLL’s New Jersey-based capital markets team includes a rare father-son combination among commercial real estate brokers, part of an office that remains a leader in the state and has only expanded its reach over the past year. Retail.

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Real Estate NJ’s 2020 Market Forecast – Real Estate NJ

(5 days ago) For many years real estate companies had only a few options to choose from, including Sage, Yardi and MRI. It’s no secret that these systems took an incredible amount of time and resources to implement. In recent years cloud-based technologies have come online to help real estate companies automate, streamline processes and reporting.

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Joshua Burd – Real Estate NJ

(5 days ago) Joshua Burd. Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering

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Investor buys Essex County apartments for

(2 days ago) The real estate services firm announced Wednesday that it represented Novel Property Ventures in securing $102 million in acquisition financing for the purchase and rebrand of Nob Hill, a 30-building property off Eisenhower Parkway. Managing Director Dustin Stolly and Senior Vice President Aaron Niedermayer led the JLL Capital Markets team on

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Rent control is not a solution to our

(2 days ago) Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great

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Residential & Mixed Use – Real Estate NJ

(4 days ago) Kislak: Developer sells boutique Maplewood apartment building for $7.6 million. July 1, 2021. The developer of a newly built, 20-unit apartment building in Maplewood has sold the property for $7.6 million, under a deal arranged by The Kislak Co. Inc. Residential & Mixed Use.

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Normandy sells operating platform, fund

(4 days ago) The leaders of Normandy Real Estate Partners have agreed to sell their operating platform and an interest in three funds to Columbia Property Trust, a New York-based real estate investment trust, in a $100 million transaction that is slated to close by year-end. Columbia announced last week that it has agreed to acquire an entity known as

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P3RE Properties – Real Estate NJ

(8 days ago) SJP recapitalizes well-known Bridgewater office campus with P3RE. September 27, 2017. SJP Properties has teamed with a growing real estate investment firm to recapitalize a portion of Somerset Corporate Center, its 1.2 million-square-foot, Class A office campus in Bridgewater. Office.

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Lowenstein announces new partner in real estate group

(2 days ago) Lowenstein announces new partner in real estate group. January 13, 2021. By Joshua Burd. Lowenstein Sandler LLP has named seven new partners, including a member of its real estate practice group. Daniel A. Suckerman. Daniel A. Suckerman, who boasts 15 years of experience, earns the new title after six years as counsel with the Roseland-based firm.

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Prominent brokerage team joins JLL in New

(7 days ago) By Joshua Burd. JLL has bolstered its real estate services team in New Jersey with the addition of four well-known office brokers. The firm said Tuesday that it hired Timothy Greiner and Frank Recine as executive managing directors, Blake Goodman as executive vice president and Brendan McBride as senior vice president.

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FREIT, Kushner Cos. agree to $266.5

(4 days ago) A real estate investment trust is selling seven apartments properties in New Jersey and New York for $266.5 million, as the portfolio’s buyer continues to grow its suburban multifamily holdings. The seller, First Real Estate Investment Trust of New Jersey, announced that it has agreed to sell the 1,058-unit portfolio to an affiliate of

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Bed Bath & Beyond names new senior vice

(4 days ago) Bed Bath & Beyond Inc. has hired a veteran retail and real estate executive to spearhead a newly announced plan to streamline its portfolio of stores, logistics centers and office space. Wade E. Haddad joins the Union-based company as senior vice president of real estate and construction, bringing more than 25 years of industry experience.

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Besides public health, what is a top

(4 days ago) Eliezer Gross, director, real estate tax, Wiss (Florham Park) The Coronavirus Aid, Relief and Economic Security (CARES) Act clarified the Tax Cuts and Jobs Act of 2017 to state that Qualified Improvement Property, or QIP, is eligible for 100 percent bonus depreciation if …

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Saxum Real Estate – Real Estate NJ

(Just Now) Saxum Real Estate announces new principals, promotions amid continued growth. March 9, 2021. By Joshua Burd Saxum Real Estate has announced two new principals and a series of promotions as the Summit-based developer and investment firm continues its growth nationally. The new principals include Chad DeBolt and Sean Gilbert, who both joined the….

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Jersey City forges ahead with high

(9 days ago) A rendering of 351 Marin, a 507-unit luxury residential tower in Jersey City — Courtesy: Kushner Real Estate Group/Hollwich Kushner. Developers, meantime, have been happy to oblige. For one thing, Jersey City still provides a significant value to Manhattan and even Brooklyn, one that may be even more important in the wake of the pandemic.

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How will Generation Z change or influence

(Just Now) Commercial real estate design will need to develop workplaces that inspires ideas and insights that lead to innovation and fosters creativity, where the human experience is a differentiator. Every space will ultimately be measured by the experience it delivers. Michael Buldo, principal, Marchetto Higgins Stieve Architects (Hoboken)

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Two more Kmart stores slated to close in N.J. – Real Estate NJ

(3 days ago) Joshua Burd. Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ.

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Partners in expanded, rebranded firm

(Just Now) It all adds up to what the four principals, who range in age from 35 to 41, feel is a distinctive offering that didn’t previously exist in New Jersey — a full-service, boutique commercial real estate law practice, but one that could match the depth and experience of a large, institutional firm.

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NJ Transit names new chief of real estate, development for

(8 days ago) Carmen Taveras. The agency announced Tuesday that Carmen Taveras will serve as its chief of real estate, economic development and transit-oriented development, effective Nov. 18. She joins NJ Transit from Wereldhave USA, a subsidiary of a European-based public REIT, filling a new post that was created by state legislation last November.

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Saxum plans office project in Austin as

(2 days ago) Saxum Real Estate has landed in Austin for its first investment under the federal Opportunity Zone program, teaming with a local developer to acquire a site for a new ground-up office building. The real estate investment and development firm, which is based in Summit, announced its purchase of 1141 Shady Lane in partnership with PlaceMKR.

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Gottesman hires new vice president in real estate – Real

(8 days ago) Gottesman Real Estate Partners has added a new executive to help oversee its multistate portfolio of commercial buildings. The Chatham-based firm announced that Kevin P. Byrd has joined its ranks as vice president for real estate. In the new role, he will oversee GRE’s office and retail holdings, which total 1.7 million square feet across

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Government & Public Policy – Real Estate NJ

(7 days ago) Kushner Real Estate Group and National Real Estate Advisors have opened the second of three towers at their Journal Squared project in Jersey City, having leased more than 50 percent of its 704 luxury apartments amid the ongoing revival of a historic neighborhood.

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Advance, Greek buy 350-acre industrial

(2 days ago) Camber Real Estate Partners served in an advisory capacity to the buyer group. “New Jersey has one of the largest concentrated critical masses of warehouse and distribution space in the U.S. due to its vast logistical infrastructure network of highways, deep-water cargo ports, air freight capabilities and rail servicing the entire region

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Newmark, American Equity Partners tout

(5 days ago) Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great

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Penwood Real Estate Investment Management – Real Estate NJ

(4 days ago) HFF: Investor to acquire, upgrade Linden industrial building. November 18, 2016. HFF has arranged $7 million in acquisition financing for a real estate investment firm to acquire a fully leased 115,913-square-foot industrial building in Linden, the brokerage said Thursday. Industrial.

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HFF: Investor acquires seven Parsippany

(9 days ago) The acquisition comes three years after Milelli Real Estate Partners, through another affiliate, acquired 800-900 Lanidex Plaza. The deal gives the firm full control over a campus at the intersection of interstates 287 and 80, where it now plans to begin a total rebranding and repositioning of the park, HFF said.

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ULI NNJ taps industry leaders to help

(4 days ago) Joshua Burd. Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ.

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United Way to honor JLL’s Greiner at

(8 days ago) Greiner is a United Way Board of Trustees member and Commercial Real Estate Network Committee member, as well as a former co-chair of the network’s fundraising event, according to a news release. He has helped to raise hundreds of thousands of dollars for the organization, contributing to JLL’s continued support as a gold sponsor, and has

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March of Dimes honors Johnson, raises

(2 days ago) By Joshua Burd. More than 200 members of New Jersey’s commercial real estate sector turned out to honor Christopher Johnson of Hollister Construction Services, raising more than $375,000 for an annual event hosted by the March of Dimes North Central New Jersey. The reception, which took place on June 13, drew a who’s who of industry players

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Fidelco acquires 18-story office tower in

(6 days ago) Joshua Burd. Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ.

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Bertone Piccini announces two new

(3 days ago) Boutique law firm Bertone Piccini LLP has named two new partners whose practice areas include commercial real estate and related fields. Sean McGowan. Based in Hasbrouck Heights, the firm on Tuesday announced the promotion of attorneys Richard G. Lyons and Sean R. McGowan. They have been with the practice since 2013 and 2017, respectively.

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Proptech is a door to opportunity for real estate firms

(4 days ago) Proptech is a door to opportunity for real estate firms. February 11, 2021. By Alex Narcise. Partner, Wiss. At Wiss, we are very pleased to partner on this very first feature on proptech and innovation in the premier real estate publication and website in New Jersey. Not only is real estate one of the core industries we serve, it’s an

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Normandy unveils more plans for Englewood

(4 days ago) In conjunction with OVG Real Estate, the firm acquired the 325,000-square-foot complex at 700 Sylvan Ave., which sits on a 23-acre campus that has been a Unilever corporate office for more than five decades. A rendering of 700 Sylvan Ave. in Englewood Cliffs, which is slated to be redeveloped by Normandy Real Estate Partners.

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Casiello joins executive committee at Rutgers real estate

(4 days ago) The Center for Real Estate at Rutgers Business School has added a well-known title insurance professional to the team of industry leaders at the helm of its advisory board. Monica Casiello. Monica Casiello, director of marketing and business development at U.S. Title Solutions, joins the board’s executive committee alongside several

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saadia group llc – Real Estate NJ

(9 days ago) Company inks sale-leaseback for 8A distribution center, C&W says. A clothing manufacturer has sold and leased back its nearly 320,000-square-foot distribution center in South Brunswick, in a deal arranged by Cushman & Wakefield.

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Rutgers real estate program eyes new degrees, new

(4 days ago) Rutgers real estate program eyes new degrees, new investment as it looks to the future. March 22, 2020. More than 500 students have enrolled in at least one of Rutgers University’s real estate courses during the current academic year, up from 30 seats that were filled before the launch of the Center for Real Estate in 2014.

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Oster Properties – Real Estate NJ

(9 days ago) Ripco Real Estate has hired a new broker in its New Jersey office, whose initial assignments include overseeing agency retail leasing for at least two property owners. Retail. High-end Eastern European supermarket opens first N.J. location. January 3, 2018.

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R.J. Brunelli adds former Toys R Us real estate exec as VP

(6 days ago) A longtime real estate executive for Toys R Us and other retailers has joined R.J. Brunelli & Co. LLC to fill a newly created tenant representation position. The Old Bridge-based firm announced that it has hired Robert Kwiatkowski as its vice president of tenant representation. He joins R.J. Brunelli with nearly 40 years of experience in

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Tulfra plans self-storage in Clifton

(7 days ago) Tulfra Real Estate has acquired a vacant 6.5-acre property alongside Route 3 in Nutley, where it plans to develop a 125,000-square-foot self-storage facility. The Rochelle Park-based firm said this week that it had purchased 10 Kingsland St. from an out-of-state corporation.

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Value drivers: How Onyx became a top

(1 days ago) It was mid-2007 when Onyx Equities LLC, the real estate investment firm founded by Saraceno and Jonathan Schultz, inked the sale of a seven-story, 260,000-square-foot office building off Interstate 80 in Rockaway. The firm and its investors had acquired the property for $22 million only two years earlier — but were now selling it for more

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How can the New Jersey real estate sector prepare for the

(5 days ago) Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ.

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AvalonBay details plans for mixed-use

(4 days ago) The site, which AvalonBay would acquire from Lubert-Adler Real Estate Funds, is served by NJ Transit’s Northeast Corridor line and provides access to Princeton via the shuttle service known as the dinky. And as Ladell noted, Princeton Junction serves more than 4,000 daily commuters who park at …

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