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BLOOMFIELD, N.J. - June 28, 2012 - (RealEstateRama) -- Ronald Fallivene and Ted Judah have joined the team at Prism Capital Partners, announced Eugene Diaz, a principal partner of the firm. Fallivene will serve as project manager for Prism Construction Management, while Judah will serve as property manager.
ELMWOOD PARK, N.J. - June 27, 2012 - (RealEstateRama) -- Prism Capital Partners LLC and The Davis Companies have teamed up to acquire 41 Slater Drive, a 180,000-square-foot industrial building in Elmwood Park, from an affiliate of paper products manufacturer Marcal, announced Prism Principals Eugene Diaz and Edwin Cohen. The all-cash transaction was brokered by Thomas Carragher of Studley.
SOMERSET, N.J. - June 22, 2012 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has orchestrated the $10.7 million trade of 65 Clyde Road in Somerset. TA Associates Realty purchased the 159,000-square-foot industrial property from Cornerstone Real Estate Advisers.
EAST RUTHERFORD, N.J. www.twitter.com/carylcomm Commercial real estate services firm Cushman & Wakefield, Inc. has launched its Mobile Engineering and Maintenance services platform in New Jersey. This program, spearheaded by the firm’s Corporate Occupier & Investor Services Group (CIS), provides variable and affordable repair and maintenance services to owners and tenants of commercial, industrial and retail properties.
JERSEY CITY, N.J. - June 21, 2012 - (RealEstateRama) -- “New Jersey is changing. What we have done in the past two years is change the perceptions of New Jersey as a place to do business,” Lt. Gov. Kim Guadagno told close to 400 industrial real estate professionals from all over North America at I.con: The Industrial Conference. Presented by NAIOP, the commercial real estate development association, in partnership with NAIOP New Jersey and the Society of Industrial and Office Realtors (SIOR), the annual two-day event took place at the Hyatt Regency Jersey City.
JERSEY CITY, N.J. - June 20, 2012 - (RealEstateRama) -- In another clear sign that the financial community continues to find a home and grow on the Hudson River waterfront, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) has signed a 17-year, three-month expansion lease for 100,274 square feet at Harborside Financial Center. The subsidiary of Mitsubishi UFJ Financial Group, represented in the transaction by Cushman & Wakefield, Inc., now occupies nearly 262,000 square feet at the 725,600-square-foot Harborside Plaza 3.
BLOOMFIELD, N.J. - June 20, 2012 - (RealEstateRama) -- Prism Capital Partners, LLC has relocated its headquarters to BroadAcres Office Park from Englewood, N.J., in an expansion move, announced Edwin Cohen, principal partner. The commercial real estate owner/operator has maintained its property management operations at 200 Broadacres Drive since 2006, when it purchased the 380,000-square-foot, four-building BroadAcres campus.
June 19, 2012 - (RealEstateRama) -- The development pipeline has taken center stage in discussions about the Northern New Jersey multi-family market heading into mid-year 2012. Cushman & Wakefield’s data indicates that an unprecedented 17,000 units are under construction or have a high probability of seeing a shovel in the ground over the next 36 months.
NAIOP NEW JERSEY SEMINAR: PUBLIC AND PRIVATE SECTOR OFFICIALS ADDRESS KEY ISSUES, STRESS COOPERATION
NEW BRUNSWICK, N.J. - June 12, 2012 - (RealEstateRama) -- Improving New Jersey’s permitting process, and the potential impact of the new, proposed State Strategic Plan were the key issues for discussion at the Regulatory Update Seminar presented by NAIOP New Jersey, the commercial real estate development association. Industry professionals and state government officials on the seminar’s panels all agreed that close cooperation between the two sides is essential for reaching the important goals of retaining and creating jobs, improving the state’s economy, and making New Jersey a better place to live and work.
BLOOMFIELD, N.J. - June 5, 2012 - (RealEstateRama) -- Prism Capital Partners, LLC has announced three leases totaling 21,200 square feet at its BroadAcres Office Park in Bloomfield this spring. Edwin H. Cohen and Eugene Diaz, Prism’s principals, served as in-house representatives for their firm, which owns and manages the 380,000-square-foot campus.
EAST WINDSOR, N.J. - June 1, 2012 - (RealEstateRama) -- Cushman & Wakefield’s Metropolitan Area Capital Markets Group (CMG) has arranged the $17.625-million sale of 100 SciPark, a 65,552-square-foot, newly constructed office and lab building. The CMG team of Andrew Merin, David Bernhaut, Gary Gabriel, Kyle Schmidt and Nick Karali represented the seller, Woodmont Properties, and secured the buyer, Inland Real Estate Acquisitions, Inc
BARNEGAT, N.J. - June 1, 2012 - (RealEstateRama) -- Walters Homes plans to begin construction in June on a new community at Whispering Hills, offering 97 single-family homes. Forty-three homes will be part of the initial phase, starting at $306,995. The project is situated off Rose Hill Road and Emerson Lane.
TEANECK, N.J. - May 30, 2012 - (RealEstateRama) -- The question was, “What’s Driving the Newark Office Market?” The venue was the Northeast New Jersey Chapter of the Appraisal Institute’s 6th Annual Meadowlands Conference, and the answer was that “Newark’s office landscape has changed dramatically.” That message was delivered by David Stifelman, executive director of Cushman & Wakefield, Inc. at the Teaneck Marriott Hotel at Glenpointe
EAST RUTHERFORD/MORRISTOWN, N.J. - May 28, 2012 - (RealEstateRama) -- Cushman & Wakefield, Inc. has promoted two brokerage professionals to the position of director, announced Gualberto “Gil” Medina, the company’s New Jersey executive managing director. David DeMatteis of Montclair, N.J., and Jon Williams of Morristown, N.J., are based at the commercial real estate services firm’s East Rutherford and Morristown offices, respectively.
NEW BRUNSWICK, N.J. - May 23, 2012 - (RealEstateRama) -- On June 5, NAIOP NJ’s Regulatory Update Seminar will be held at the NJ Law Center (NJ ICLE) in New Brunswick from 9:30 a.m. to 12:30 p.m.
SOMERSET, N.J. - May 21, 2012 - (RealEstateRama) -- Commercial and industrial real estate leaders, and the top deals of the year, were honored at NAIOP New Jersey’s 25th Annual Commercial Real Estate Awards Gala at The Palace at Somerset Park. The sold-out event was attended by approximately 700 industry professionals
NEWARK, N.J. - May 15, 2012 - (RealEstateRama) -- Shah Deen, general manager of The Berger Organization’s flagship hotel property, the landmark 15-story, 176-room Best Western Robert Treat in downtown Newark, N.J., recently attended a Best Western corporate event in San Francisco. The meeting was part of Best Western’s ongoing Travel Agent Program, which is designed to provide hotel managers and owners with the opportunity to network with travel industry professionals who they would team up with to provide group travel accommodations. The theme of this focused on foreign international travel and provided some insight into current trends
NEW BRUNSWICK, N.J. - May 11, 2012 - (RealEstateRama) -- The fifth annual New Jersey Economic Policy Summit will take place on Tuesday, May 22, at the Edward J. Bloustein School of Planning and Public Policy at Rutgers, The State University of New Jersey. The event will bring together key New Jersey stakeholders to review the results of the hallmark “C-Suite Survey” conducted by the Bloustein School. The survey targets senior executives from companies headquartered and/or deeply entrenched in New Jersey.
EAST RUTHERFORD, N.J. - May 8, 2012 - (RealEstateRama) -- Cushman & Wakefield, Inc.’s Harlan Hollander, JD, of Manhattan has been promoted to the position of senior director, Brokerage Services, in the company’s East Rutherford office. The appointment marks his third advancement with the commercial real estate services firm.
NEW BRUNSWICK, N.J. - May 4, 2012 - (RealEstateRama) -- NAIOP New Jersey’s Annual Commercial Real Estate Awards Gala is always the industry’s go-to event, and the 25th edition of the Gala will be one the biggest ever, according to the commercial real estate development association. The event is slated for Thursday, May 17, 2012 at The Palace at Somerset Park, Somerset, N.J.