Caryl Communications Inc
CUSHMAN & WAKEFIELD REPS FUTAI INC. (USA) IN RARITAN CENTER BUILDING PURCHASE
EDISON, N.J. - March 7, 2012 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. represented Futai Inc. (USA), in its recent acquisition of 7 Parkway Place in Edison. Futai is the world’s largest manufacturer of umbrellas; the company will relocate its divisional headquarters and warehouse to the property, which is located within Raritan Center Industrial Park.
WALTERS GROUP WINS FOUR FAME AWARDS
BARNEGAT, N.J. - March 6, 2012 - (RealEstateRama) -- Walters Group, a leading residential and commercial builder, has been honored by the Shore Builders Association of Central New Jersey, Inc. (SBACNJ) for their outstanding achievements in sales and marketing over the past year with four FAME (Fabulous Achievement in Marketing Excellence) Awards and five individual achievement awards. The 9th annual ceremony was attended by over 200 members and associates of the Jersey Shore building industry.
CUSHMAN & WAKEFIELD ARRANGES $16.5 MILLION SALE OF REVLON R&D CENTER
EDISON, N.J. - March 2, 2012 - (RealEstateRama) -- Cushman & Wakefield’s Metropolitan Area Capital Markets Group (CMG) has orchestrated the sale of 2121 Route 27, a 99,000-square-foot R&D and office building, for $16.5 million. Fully occupied by Revlon and utilized as the consumer products giant’s primary R&D center, the building is part of Edison Towne Corporate Center, combining office and industrial uses.
MARCH 27: NAIOP NEW JERSEY CHAPTER MEETING WILL ADDRESS “OFFICE, INDUSTRIAL, MIXED-USE: WHERE IS...
WOODBRIDGE, N.J. - March 1, 2012 - (RealEstateRama) -- Worldwide financial volatility has been driving institutional funding into commercial real estate, and 2012 is shaping up as a strong year for strategic acquisitions. A panel of the industry’s most successful and respected leaders will highlight NAIOP New Jersey’s chapter meeting on March 27 at the Renaissance Woodbridge Hotel with their answers to the question, “Office, Industrial, Mixed Use: Where is the Smart Money Going?”
LSRP UPDATE: PARADIGM SHIFT IN THE SITE REMEDIATION LANDSCAPE
NEW BRUNSWICK, N.J. - February 23, 2012 - (RealEstateRama) -- New Jersey’s site remediation landscape was altered dramatically with passage of the Site Remediation Reform Act, with upcoming March and May deadlines bringing mandatory changes in the way site remediation is performed. Among them: State-approved Licensed Site Remediation Professionals (LSRPs) will replace New Jersey DEP personnel in making site remediation decisions for individual projects. The changes were explored in-depth by industry experts at NAIOP New Jersey’s “Mandatory LSRP Update and Roundtables” program at the New Jersey Law Center.
CUSHMAN & WAKEFIELD ARRANGES HEADQUARTERS LEASE RENEWAL FOR SPENCER SAVINGS BANK
ELMWOOD PARK, N.J. - February 23, 2012 - (RealEstateRama) -- Spencer Savings Bank has renewed its headquarters lease for 40,000 square feet at River Drive Center 3, 611 River Drive in Elmwood Park, announced commercial real estate firm Cushman & Wakefield, Inc. The tenant, a 70-year-old savings bank with 19 branches in Northern and Central New Jersey, has been headquartered at the site since 2002 and has renewed for another 10-year term.
JASON TENENBAUM JOINS CUSHMAN & WAKEFIELD AS SALES ASSOCIATE
MORRISTOWN, N.J. - February 13, 2012 - (RealEstateRama) -- Jason Tenenbaum of Berkeley Heights, N.J., has joined commercial real estate services firm Cushman & Wakefield, Inc., announced Gualberto “Gil” Medina, the firm’s executive managing director. Based in the firm’s Morristown office, Tenenbaum is part of a select team of associates responsible for representing major corporate users in their real estate activities. As a member of one of New Jersey’s top tenant representative teams, he will focus on professional practice firms and national and international corporate users.
CUSHMAN & WAKEFIELD NAMED AGENT FOR JERSEY CITY’S 90 HUDSON STREET
JERSEY CITY, N.J. - February 13, 2012 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield has been named leasing agent for CB Richard Ellis Realty Trust’s 90 Hudson Street, a 12-story, 440,000-square-foot class A office tower on Jersey City’s Hudson River waterfront. Heading the assignment for the asset are Edward Duenas of Cushman & Wakefield’s East Rutherford, N.J. office, and Robert Lowe and Kevin Daly of the firm’s New York-Midtown office.
NEW JERSEY INDUSTRIAL LEASING UP, FUNDAMENTALS IMPROVED IN 2011
EAST RUTHERFORD, N.J. - January 31, 2012 - (RealEstateRama) -- Tenants signed nearly 23.4 million square feet of new industrial leases in Northern and Central New Jersey in 2011, representing the highest volume since before the recession, according to year-end statistics for the U.S. industrial market released today by commercial real estate services firm
THE ECONOMY IS MOVING FORWARD, BUT JOB DEFICITS REMAIN NATIONALLY AND STATEWIDE
EAST RUTHERFORD, N.J. - January 27, 2012 - (RealEstateRama) -- Is economic recovery truly underway? Will industrial real estate keep its momentum? Is New Jersey winning the war for jobs? How are retail trends impacting other industry sectors, notably industrial? Those questions and more were on the table at NAIOP New Jersey’s 2012 Commercial Real Estate Forecast and Annual Meeting at the Sheraton Meadowlands.
TRYKO CAPS YEAR OF GROWTH WITH ATLANTIC CITY MULTIFAMILY ASSET
BRICK, N.J. - January 26, 2012 - (RealEstateRama) -- With the January acquisition of Barclay Arms in Atlantic City, N.J., private equity real estate group Tryko Partners, LLC, marked a 12-month period of aggressive growth that nearly doubled its multifamily portfolio and substantially grew its skilled nursing holdings. The Brick-based firm has added more than 1,800 residential units and 200 nursing home beds, with another 680 housing units under contract to close during the first quarter of 2012.
CUSHMAN & WAKEFIELD TAPPED TO MARKET NATIONAL AMUSEMENTS SITES
NEWARK and SAYREVILLE, N.J. - January 25, 2012 - (RealEstateRama) -- National Amusements, Inc., the motion picture exhibition industry leader, has retained commercial real estate services firm Cushman & Wakefield, Inc. to market surplus properties in Newark and Sayreville for sale. Donald Eisen, a Cushman & Wakefield executive director based in the firm’s East Rutherford, N.J., office, is heading the assignment, along with Christian Politan. The first, a 19-acre redevelopment parcel at 104-180 Foundry Street in Newark, sits adjacent to Exit 15E of the NJ Turnpike, offering prominent visibility and outstanding access to Port Newark and Elizabeth. The property formerly served as home to All Jersey Multiplex Cinemas.
CUSHMAN & WAKEFIELD ARRANGES LEASE EXPANSION, EXTENSION FOR ENGINEERING FIRM
LAWRENCEVILLE, N.J. - January 20, 2012 - (RealEstateRama) -- Langan Engineering & Environmental Services has increased its presence and re-located within its current location at 989 Lenox Drive in Lawrenceville. In little more than one year, this regional office quickly outgrew its operating space and worked closely with Cushman & Wakefield, Inc. and its landlord Brandywine Realty Trust, to sign a new lease for 10,750 square feet in the same building.
MWW GROUP PUBLIC RELATIONS SECURES METROPOLITAN CENTER SIGNAGE IN LEASE EXTENSION
EAST RUTHERFORD, N.J. - January 19, 2012 - (RealEstateRama) -- Metropolitan Center, the New Jersey Meadowlands landmark office tower, will soon have MWW Public Relations signage on the building. The public relations agency, one of the top 15 agencies in the world, and a long-time tenant at the property, has extended its lease and secured building signage rights at the 420,000-square-foot property, announced commercial real estate services firm Cushman & Wakefield, Inc.
CUSHMAN & WAKEFIELD CAPITAL MARKETS TEAM INKS $1.3 BILLION IN 2011
EAST RUTHERFORD, N.J. - January 19, 2012 - (RealEstateRama) -- With $1.3 billion in completed transactions during 2011, Cushman & Wakefield, Inc.’s Metropolitan Area Capital Markets Group experienced robust activity that reflects a year of steps forward and back, and “haves” and “have-nots,” according to Andrew Merin, vice chairman. Ultimately, the East Rutherford-based team closed its best year since 2008, including multiple record-breaking deals.
NEW YORK CITY TOURISM INDUSTRY BOOSTS NEWARK HOTEL MARKET
Newark, N.J. - January 16, 2012 - (RealEstateRama) -- The Newark, N.J., hotel industry is thriving heading into 2012. While the continued evolution of the city’s entertainment, cultural and corporate draws can be credited in part for the strong performance, the real catalyst can be found in New York City’s burgeoning tourism industry.
2011 GARDEN STATE OFFICE MARKET PERFORMANCE POINTS TO RECOVERY
EAST RUTHERFORD, N.J. - January 16, 2012 - (RealEstateRama) -- Performance within the Garden State’s office markets during 2011 indicates that the commercial real estate industry is on the rebound, according to Cushman & Wakefield, Inc.’s New Jersey Research Services team. Gualberto “Gil” Medina, the commercial real estate services firm’s executive managing director, noted that fundamental improvements in the state’s Northern and Central counties—including significant jumps in office leasing activity—tie directly to strengthening job growth.
CHRISTA PETTI JOINS CUSHMAN & WAKEFIELD AS N.J. RESEARCH ANALYST
EAST RUTHERFORD, N.J. - December 29, 2011 - (RealEstateRama) -- Christa DiLalo Petti of East Brunswick, N.J., has joined commercial real estate services firm Cushman & Wakefield, Inc., as an analyst on its New Jersey Research team, announced Gualberto “Gil” Medina, the firm’s executive managing director. Based in East Rutherford, the group conducts primary research, data-driven analysis and forecasting for the state’s Northern and Central counties, which house approximately 183 million square feet of office inventory and 608 million square feet of industrial space.
JAN. 24: NAIOP NEW JERSEY TO HOLD ANNUAL MEETING AND REAL ESTATE FORECAST
EAST RUTHERFORD, N.J. - December 29, 2011 - (RealEstateRama) -- Has recovery finally taken hold? What commercial real estate opportunities and trends will play out in 2012? Those questions and more will be answered by a panel of experts at NAIOP New Jersey's Annual Meeting and Real Estate Forecast, slated for January 24 at the Sheraton Meadowlands, East Rutherford, N.J.
CUSHMAN & WAKEFIELD ARRANGES $285 MILLION SALE OF JERSEY CITY’S 10 EXCHANGE PLACE
JERSEY CITY, N.J. - December 20, 2011 - (RealEstateRama) -- Cushman & Wakefield’s Metropolitan Area Capital Markets Group (CMG) has orchestrated the sale of 10 Exchange Place. The 748,005-square-foot building is a 30-story trophy office tower and a skyline landmark on Jersey City’s Hudson River waterfront.