Caryl Communications Inc
SALUTI LAW GROUP LEASES AT 50 PARK PLACE IN NEWARK
NEWARK, N.J. - September 14, 2011 - (RealEstateRama) -- Saluti Law Group has leased 2,000 square feet of office space at 50 Park Place, relocating from the adjacent 60 Park Place and more than doubling the 850 square feet the firm had previously occupied. Both properties are part of the Robert Treat Center, owned by The Berger Organization
ENCELIUM TECHNOLOGIES EXPANDS PRODUCT OFFERING WITH NEW LINE OF OCCUPANCY SENSORS
TEANECK, N.J. - September 8, 2011 - (RealEstateRama) -- Encelium Technologies, a leading technology development company specializing in integrated lighting control systems for commercial buildings, has introduced its new family of low-voltage occupancy sensors. This product line includes a full range of passive infrared (PIR) and dual technology (Ultrasonic/PIR) low-voltage sensors available in both wall mount and ceiling mount configurations.
THE FUTURE OF “GREEN” ADDRESSABLE LIGHTING SYSTEMS LOOKS BRIGHT FOR ENCELIUM TECHNOLOGIES
TEANECK, N.J. - September 7, 2011 - (RealEstateRama) -- For Encelium Technologies, a leading technology manufacturer specializing in integrated lighting control systems for commercial buildings, the future has never looked brighter. Installations of its hallmark Energy ControlSystemTM (ECS) now exceed more than 40 million square feet and the company continues to post impressive annual sales increases. And just last year, Encelium secured $11 million in a financing round led by Siemens Venture Capital (SVC), the corporate venture capital organization of Siemens.
THE FUTURE OF “GREEN” ADDRESSABLE LIGHTING SYSTEMS LOOKS BRIGHT FOR ENCELIUM TECHNOLOGIES
TEANECK, N.J. - September 7, 2011 - (RealEstateRama) -- For Encelium Technologies, a leading technology manufacturer specializing in integrated lighting control systems for commercial buildings, the future has never looked brighter. Installations of its hallmark Energy ControlSystemTM (ECS) now exceed more than 40 million square feet and the company continues to post impressive annual sales increases. And just last year, Encelium secured $11 million in a financing round led by Siemens Venture Capital (SVC), the corporate venture capital organization of Siemens.
SEPT. 12: WALTERS GROUP TO OPEN NEW SALES/LEASING CENTER FOR STAFFORD PRESERVE
BARNEGAT, N.J. - August 30, 2011 - (RealEstateRama) -- Walters Group, a leading residential and commercial real estate developer will be opening a new sales and leasing center for Stafford Preserve on Monday, Sept. 12, and will be open Monday through Friday, 9 a.m. to 5 p.m. The luxury rental community is currently under construction in Manahawkin, located just off Exit 63 of the Garden State Parkway, on Stafford Park Blvd.
CUSHMAN & WAKEFIELD TEAMS WITH HARTZ FOR 360,000 SQUARE FEET OF INDUSTRIAL LEASES
SECAUCUS/JERSEY CITY, N.J., August 30, 2011 – Working cooperatively with owner Hartz Mountain Industries, Cushman and Wakefield, Inc. has arranged two industrial leases with Samsung and Walong with a combined total of more than 360,000 square feet, with both transactions retaining New Jersey-based operations. Andrew Stypa and Daniel Badenhausen of Cushman & Wakefield represented the tenants in both leases, and Hartz was represented in-house by Gus Milano and Ernest Cristoff.
NAIOP NJ PRAISES CHRISTIE ADMINISTRATION FOR SIGNING MORATORIUM ON COAH JOBS TAX
NEW BRUNSWICK, N.J. - August 24, 2011 - (RealEstateRama) -- The New Jersey Chapter of NAIOP, the Commercial Real Estate Development Association, applauds the Christie Administration for signing legislation (S-2974 Lesniak/ Sweeney, A-4221Coutinho/Bucco/Burzichelli) that places a two-year moratorium on the 2.5% non-residential COAH fee (essentially a job-killing tax) for eligible projects beginning July 2011 and ending July 2013
WHISPERING HILLS IN BARNEGAT SELLS OUT 2011 INVENTORY
BARNEGAT, N.J. - August 22, 2011 - (RealEstateRama) -- Walters Homes has sold out its current inventory of eco-friendly townhouses at Whispering Hills. Pre-construction sales are currently underway on six units in Building 10, slated for construction in October 2011.
CUSHMAN & WAKEFIELD ARRANGES $78 MILLION SALE OF JERSEY CITY’S 2 JOURNAL SQUARE
JERSEY CITY, N.J. - August 17, 2011 - (RealEstateRama) -- Cushman & Wakefield, Inc.'s Metropolitan Area Capital Markets Group (CMG) has arranged the sale of 2 Journal Square Plaza, a landmark nine-story, 325,000-square-foot class A office building in Jersey City, N.J., representing seller Hartz Mountain Industries. The buyer in the $78 million transaction was Gaia Real Estate Investments in partnership with Phoenix Insurance and Menora Mivtachim Insurance, both based in Israel.
RYLIE RAGAN SMITH PROMOTED TO COMMUNITY MANAGER OF STAFFORD PRESERVE
BARNEGAT, N.J. - August 16, 2011 - (RealEstateRama) -- Walters Group, a leading residential and commercial real estate developer, has announced that it has promoted Rylie Ragan Smith of Manasquan to community manager of Stafford Preserve, a new luxury rental community slated for occupancy in the spring of 2012. The project is located just off Exit 63 of the Garden State Parkway, on Stafford Park Blvd. in Manahawkin.
MARC PETRELLA JOINS CUSHMAN & WAKEFIELD AS SENIOR DIRECTOR
EDISON, N.J. - August 8, 2011 - (RealEstateRama) -- Commercial real estate industry veteran Marc Petrella of Belmar, N.J., has joined Cushman & Wakefield, Inc. in Edison as a senior director in the firm’s Central New Jersey industrial practice. He most recently served as first vice president/market officer at Prologis, where he was responsible for the overall performance and profitability of the company’s 18.6 million-square-foot New Jersey industrial real estate portfolio.
CARRIE ADRAGNA PROMOTED TO COMMUNITY MANAGER OF ATLANTIC HEIGHTS
BARNEGAT, N.J. - August 5, 2011 - (RealEstateRama) -- Walters Group, a leading residential and commercial real estate developer, has announced that it has promoted Carrie Adragna of Manahawkin to community manager of Atlantic Heights at Barnegat, a luxury apartment community in southern Ocean County.
NAIOP NJ JEFFREY J. SIEGEL GOLF CLASSIC SLATED FOR SEPT. 19
BEDMINSTER, NJ - August 4, 2011 - (RealEstateRama) -- The New Jersey Chapter of NAIOP, the commercial real estate development association, has opened registration for the NAIOP NJ Jeffrey J. Siegel Golf Classic, to be held September 19 at Trump National Golf Club in Bedminster.
NEW JERSEY’S INDUSTRIAL VACANCY DECLINES AS U.S. VACANCY FALLS TO TWO-YEAR LOW
N.J. - August 3, 2011 - (RealEstateRama) -- Cushman & Wakefield released midyear 2011 statistics for the U.S. industrial market that show the overall vacancy rate for New Jersey has declined. At the same time, the overall vacancy rate for the U.S. has declined to a two-year low.
NAIOP NEW JERSEY MEMBERSHIP GROWS BY 45
NEW BRUNSWICK, N.J. - August 2, 2011 - (RealEstateRama) -- With the addition of 45 new members in Q1 of 2011, NAIOP New Jersey, the commercial real estate development association, has seen its ranks grow. Established in 1970, NAIOP New Jersey is the leading commercial real estate, land use and economic development resource in the state. Through its link to NAIOP corporate, the New Jersey Chapter provides a direct connection to 18,000 members in North America.
Investment Real Estate at Mid-Year: Active, with Substantial Capital But Not Enough of the...
August 2, 2011 - (RealEstateRama) -- The first half of 2011 has seen significant capital allocated to real estate, but the market remains a "tale of two cities." The absolute right product continues to attract a great deal of interest, but if an asset is "slightly off," there is no action for it. That trend spans all four primary property types – retail, office, industrial, and multi-family.
THE AMERICAN DREAM IS SHIFTING FROM OWNING TO RENTING
BARNEGAT, NJ - August 1, 2011 - (RealEstateRama) -- For generations, the American Dream has been synonymous with homeownership. Today, however, with the stress on housing markets, some Americans are redefining that dream, finding they don’t have to buy to live well.
IOREBA’S MEMBERSHIP CONTINUES TO GROW
ROCHELLE PARK, N.J. - July 27, 2011 - (RealEstateRama) -- Thirteen new members representing a broad range of commercial real estate-related professions have been accepted as members of the Industrial and Office Brokers Association of the New York Metropolitan Area (IOREBA). Dating back more than eight decades, IOREBA now has members in New Jersey, New York, Connecticut and Pennsylvania.
NAIOP NEW JERSEY VOLUNTEERS ASSIST STATE’S COMMUNITY FOOD BANK
HILLSIDE, N.J. - July 27, 2011 - (RealEstateRama) -- For the second year in a row, the Community Action Committee of NAIOP New Jersey conducted a food drive and volunteer day to benefit the Community Food Bank of New Jersey. More than 50 members, friends and staff of the commercial real estate association spent a full day transporting and unloading food donations, packing pasta and preparing food bags for seniors at the Hillside, N.J. headquarters of CFB, which provides food for 1,500 non-profit groups across New Jersey. NAIOP New Jersey members collected more than 450 pounds of food at their companies' workplaces, as well as cash donations at industry events and through a Virtual Food Drive
BALDASSARE & MARA, LLC LEASES AT 570 BROAD STREET IN NEWARK
NEWARK, N.J. - July 26, 2011 - (RealEstateRama) -- The law firm of Baldassare & Mara, LLC has leased 2,360 square feet at 570 Broad Street in Newark, representing the first commitment at the 15-story tower since The Berger Organization purchased a controlling interest in 570 Broad Street LLC, a partnership, earlier this year. The practice will relocate to the property from Chatham, N.J.