Caryl Communications Inc
DIVERSIFIED CAPITAL ADDS NEW AMENITIES TO MULTI-MILLION-DOLLAR RENOVATION OF 24 COMMERCE STREET
NEWARK, N.J. - December 15, 2011 - (RealEstateRama) -- Diversified Capital has added a broad suite of new tenant amenities being implemented at 24 Commerce Street, the former Federal Trust Bank building in downtown Newark. These new amenities, along with the $5 million building renovations, are part of the company’s overall investment in the historic office structure, which rises 18 stories and encompasses a total of 180,000 square feet.
Community Investment Strategies Takes the Solar Power Plunge
LAWRENCEVILLE, N.J. - December 15, 2011 - (RealEstateRama) -- Community Investment Strategies (CIS), Inc., the developer, builder and property manager of market-rate and affordable apartment-rental communities throughout New Jersey, has adopted solar-powered energy at three of its’ apartment complexes: Rosegate, Heritage Village at Elizabeth, and Heritage Village at Manalapan. All three senior communities have been retrofitted with photovoltaic solar panels to collect energy for the buildings’ common areas.
JETS’ SHONN GREENE HIGHLIGHTS BROKER OPEN HOUSE AT 570 BROAD
NEWARK, N.J. - December 12, 2011 - (RealEstateRama) -- Miles Berger (right), chairman and CEO of The Berger Organization, welcomed New York Jets Running Back Shonn Greene as the guest of honor during a broker open house at the 570 Broad office tower in Newark. The early December event drew more than 60 industry professionals.
CUSHMAN & WAKEFIELD BROKERS HQ LEASE FOR ADVANCE HOUSING, INC.
TETERBORO, N.J. - December 9, 2011 - (RealEstateRama) -- Advance Housing, Inc., a state-funded Community Housing Development Organization, has leased 14,000 square feet for its headquarters at 100 Hollister Road in Teterboro, announced commercial real estate services firm Cushman & Wakefield, Inc. The agency will relocate to the property from Hackensack, N.J., in an expansion move this winter.
NAIOP NJ SEMINAR: PORT CARGO VOLUME UP 6.1 PERCENT, BUT CHALLENGES REMAIN
ELIZABETH, N.J. - December 7, 2011 - (RealEstateRama) -- The first nine months of 2011 have seen a 6.1 percent increase in cargo coming into the Port of New York and New Jersey; raising the Bayonne Bridge and replacing the Goethals Bridge are top priorities as the port continues to be a major economic engine; and commercial real estate opportunities still exist relating to the port.
CUSHMAN & WAKEFIELD BROKERS LEASE WITH ACTIVU IN ROCKAWAY, N.J.
ROCKAWAY, N.J. - November 30, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has orchestrated a 24,000-square-foot headquarters lease with Activu Corporation at 301 Roundhill Drive in Rockaway. Robert Donnelly, Jr., of Cushman & Wakefield’s Morristown, N.J., office, serves as exclusive agent for the 50,000-square-foot flex property.
CHANGE OF SPEAKER – DECEMBER 2: NAIOP NEW JERSEY PRESENTS TRANSPORTATION & LOGISTICS REGIONAL...
ELIZABETH, N.J. - November 30, 2011 - (RealEstateRama) -- The logistics sector of New Jersey continues to deliver the goods for the state's economy, and that sector will be the focus of Transportation & Logistics Regional Update: Opportunities for the Real Estate Industry. Presented by NAIOP New Jersey, the commercial real estate development association, the program is slated for December 2, 2011 at the New York Shipping Association Training Center, Elizabeth, N.J.
PRISM ACQUIRES CARTERET INDUSTRIAL PROPERTY TO RELOCATE TENANT FROM PARKWAY LOFTS REDEVELOPMENT SITE
CARTERET, N.J. - November 28, 2011 - (RealEstateRama) -- Prism Capital Partners, LLC, has acquired a 230,000-square-foot industrial building at 700 Blair Road in Carteret for the purpose of relocating Berjé Inc.’s headquarters to the property from its Parkway Lofts site in Bloomfield. The move represents an expansion for Berjé, a global distributor of essential oils and aromatic chemicals, and paves the way for the start of construction for Parkway Lofts, a multi-family adaptive reuse project.
DEC. 5: IOREBA TO HOST ANNUAL HOLIDAY PARTY
WEST ORANGE, N.J. - November 21, 2011 - (RealEstateRama) -- The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area Inc. (IOREBA) will host its annual holiday party on Monday, Dec. 5, at Highlawn Pavilion, located at 381 Eagle Rock Ave., West Orange. To show its appreciation to the development community, IOREBA is offering area developers and one non-IOREBA-member guest entry to the event free of charge with advance registration only.
DECEMBER 2: NAIOP NEW JERSEY PRESENTS TRANSPORTATION & LOGISTICS REGIONAL UPDATE
ELIZABETH, N.J. - November 15, 2011 - (RealEstateRama) -- The logistics sector of New Jersey continues to deliver the goods for the state's economy, and that sector will be the focus of Transportation & Logistics Regional Update: Opportunities for the Real Estate Industry. Presented by NAIOP New Jersey, the commercial real estate development association, the program is slated for December 2, 2011 at the New York Shipping Association Training Center, Elizabeth, N.J.
NAIOP NEW JERSEY PRESENTS 7TH ANNUAL PRESIDENT’S AWARDS
SHORT HILLS, N.J. - November 10, 2011 - (RealEstateRama) -- More than 250 commercial real estate professionals were on hand for the 7th Annual President's Awards Dinner of NAIOP New Jersey, the commercial real estate development association, honoring the accomplishments of chapter members. The event also marked the induction of the initial three members of the chapter's Hall of Fame, established this year.
NAIOP NEW JERSEY ACCEPTING NOMINATIONS FOR 25th ANNUAL COMMERCIAL REAL ESTATE AWARDS
NEW BRUNSWICK, N.J. - November 9, 2011 - (RealEstateRama) -- Nominations are now open for the most prestigious awards in the real estate community: The New Jersey Chapter of NAIOP, the commercial real estate development association, will present the 25th Annual Commercial Real Estate Awards at the Gala on May 17, 2012 at the Palace at Somerset Park.
CUSHMAN & WAKEFIELD INKS LEASE RENEWAL FOR GFK HEALTHCARE
EAST HANOVER, N.J. - November 9, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has negotiated a 16,000-square-foot, long-term lease renewal for GfK HealthCare at 120 Eagle Rock Ave. in East Hanover. The market research company has housed a regional office there since 2001.
NORTHERN N.J. MULTIFAMILY PROGRESSING AT AN IMPRESSIVE PACE
November 9, 2011 - (RealEstateRama) -- The turnarounds in multi-family market fundamentals and investment sales, which both can be traced to an inflection point in the first half of 2010, have continued at an impressive pace through the first three quarters of 2011. Should the current positive trending continue, we could be on pace to revisit pre-recession conditions in the near term.
DEC. 6: BERGER ORGANIZATION PLANS BROKER OPEN HOUSE AT 570 BROAD
NEWARK, N.J. - November 8, 2011 - (RealEstateRama) -- New York Jets Linebacker Calvin Pace will be the guest of honor during a broker open house at The Berger Organization’s 570 Broad office tower in Newark. The event, slated from noon to 2:30 p.m. on Tuesday, Dec. 6, will feature tours; a buffet lunch; and a raffle to win a personalized jersey or football, iPad2, or one of three iPods.
CUSHMAN & WAKEFIELD NAMED AGENT FOR MONTVILLE BUSINESS CENTER
PINE BROOK, N.J. - November 4, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has been named leasing agent for First Industrial Realty Trust’s Montville Business Center in the Pine Brook neighborhood of Montville Township. The brokerage team led by Stan Danzig, Jules Nissim, Stephen Elman and Robert Adams has been tapped to market approximately 130,000 square feet at the 700,000-square-foot business park.
BERGER’S MILITARY PARK BUILDING REACHES 98.5 PERCENT OCCUPANCY
NEWARK, N.J. - November 3, 2011 - (RealEstateRama) -- A flurry of leasing and expansion activity has brought The Military Park Building to 98.5 percent occupancy this fall. The Berger Organization’s flagship Newark office property, the 250,000-square-foot, 85-year-old historic landmark is located in the city’s central business district at 60 Park Place.
IOREBA HOLDS EVENT FOCUSING ON DATA CENTERS: NEW JERSEY HAS KEY ADVANTAGES
SOMERSET, N.J. - November 2, 2011 - (RealEstateRama) -- With strong interest in New Jersey's data center market, members of the Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area Inc. (IOREBA) received a detailed briefing on the state of the market and an inside look at one of the region's newest Data Center facilities. The program on data centers was presented at Sentinel Data Centers' NJ1 facility in Somerset, N.J.
CUSHMAN & WAKEFIELD BROKERS 22,000-SQ.-FT. MEADOWLANDS LEASE
LYNDHURST, N.J. - October 27, 2011 - (RealEstateRama) -- Relevent Partners, LLC, a New York City-based experiential firm, has leased 22,000 square feet at Meadowlands Distribution Center, 1275 Valley Brook Ave. in Lyndhurst, announced commercial real estate services firm Cushman & Wakefield, Inc. The company will relocate its regional warehouse to the property from Jersey City this fall in an expansion move.
FORMER NJN TELEVISION STUDIO POISED FOR NEW TENANT
NEWARK, N.J. - October 25, 2011 - (RealEstateRama) -- A 2,500-square-foot television studio is available at the Robert Treat Center, 50 Park Place, Newark, N.J., announced The Berger Organization, owner of the 15-story, 100,000-square-foot class B office building. The studio was the home of the New Jersey Network for 20 years, prior to NJN's operations being outsourced by the State of New Jersey.