CUSHMAN & WAKEFIELD REPORTS POSITIVE NEWS FOR N.J. REAL ESTATE
EAST RUTHERFORD, N.J. - July 21, 2011 - (RealEstateRama) -- Evidence of recovery has spread throughout New Jersey’s office and industrial real estate markets at mid-year 2011, according to Cushman & Wakefield, Inc. in East Rutherford.
A DISCUSSION ABOUT ADAPTIVE REUSE WITH PRISM’S BOB GIBSON
ENGLEWOOD, N.J. - July 20, 2011 - (RealEstateRama) -- Commercial real estate owner/operator Prism Capital Partners, LLC is set to break ground this summer on Phase I of The Parkway Lofts, a multifamily adaptive reuse in Bloomfield and East Orange, N.J. The project will convert a 114-year-old, 365,000-square-foot former General Electric Company warehouse property, located on the Garden State Parkway, into 361 loft-style apartments. At build out, the 14.5-acre site will be transformed into a distinctive, high-density residential village also featuring 150 for-sale townhomes, a clubhouse and other lifestyle amenities, to be built as part of Phase II.
AUG. 7-10: ENCELIUM TECHNOLOGIES TO EXHIBIT AT GOVENERGY 2011 TRADE SHOW IN CINCINNATI
CINCINNATI, OH/TEANECK, N.J. - July 19, 2011 - (RealEstateRama) -- Encelium Technologies will showcase its innovative energy management and lighting control systems at GovEnergy 2011: A River of Energy Solutions Workshop and Trade Show, Booth #834, from Sunday, August 7 to Wednesday, August 10, 2011, at the Duke Energy Convention Center in Cincinnati, Ohio. At the trade show, attendees will get an insider’s look at Encelium’s new Polaris 3D, its next generation of lighting control software for the company’s Energy Control System (ECS).
WINTER JOINS CUSHMAN & WAKEFIELD’S BUSINESS INCENTIVES PRACTICE
EAST RUTHERFORD, N.J. - July 13, 2011 - (RealEstateRama) -- Lee Winter has re-joined commercial real estate services firm Cushman & Wakefield, Inc. in East Rutherford, as a director in its Global Business Consulting Group’s Business Incentives Practice. He brings nearly three decades of industry experience – including more than 15 years in the location advisory services arena – to his new position.
CUSHMAN & WAKEFIELD APPOINTED FOR NEWARK INDUSTRIAL PROPERTY
NEWARK, N.J. - July 11, 2011 - (RealEstateRama) -- Cushman & Wakefield, Inc. has been named exclusive leasing agent for Liberty Logistics Center, a 191,000-square-foot industrial property at 158 Mount Olivet Avenue in Newark. Stephen Elman, Jules Nissim and Robert Adams of the commercial real estate services firm’s East Rutherford, N.J., office are handling the assignment on behalf of Prologis, the building’s owner. The team currently is marketing a 41,000-square-foot availability.
PATRICK CONNELLY JOINS CUSHMAN & WAKEFIELD AS DIRECTOR IN EDISON
EDISON, N.J. - July 8, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has appointed Patrick Connelly of Monroe Twp., N.J., as its director of industrial property management in New Jersey. This strategic hire reflects the company’s initiative to fully integrate its industrial platform locally, regionally and nationally.
WALTERS GROUP APPLIES INNOVATIVE M2M TECHNOLOGY TO OPERATE SECURITY SYSTEMS, SOLAR FARM OPERATIONS
STAFFORD TOWNSHIP, N.J. - July 8, 2011 - (RealEstateRama) -- Walters Group, an award-winning real estate development firm, has redefined “business as usual” by applying machine-to-machine (M2M) technology to modernize the management of its operations. The firm has been recognized as an M2M success story and was invited by Verizon Wireless to tout the benefits of wireless M2M connectivity services at an employee training seminar.
CUSHMAN & WAKEFIELD NAMED AGENT FOR RED BANK OFFICE BUILDING
RED BANK, N.J. - June 30, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has been named leasing agent for 73 Broad Street, a Class A downtown office building. Director John Kaye of the firm's Edison, N.J. office is handling the assignment on behalf of the locally based ownership, Downtown Investors, LLC.
CUSHMAN & WAKEFIELD INKS HQ LEASE FOR SOFTWARE COMPANY
PISCATAWAY, N.J. - June 29, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has orchestrated an 11,000-square-foot headquarters lease for Shadow Financial Systems at Washington Plaza, 1551 South Washington Ave. in Piscataway. The software company, which develops solutions for global securities processing, reconciliation, clearing, treasury and accounting, will relocate to the Class A property from Edison, N.J., this summer in an expansion move.
NEW TECHNOLOGIES HELP PROPERTY MANAGERS GAIN EFFICIENCY
June 29, 2011 - (RealEstateRama) -- Good commercial property management, by definition, is pretty simple. Buildings are well maintained and attractive, systems do what they should do, and tenant needs are addressed promptly and thoroughly. Quality property management ranks right up there with location as a key to attracting and, even more importantly, retaining tenants.
REGION’S NEWEST OLIVE GARDEN OPENS AT STAFFORD PARK
STAFFORD TOWNSHIP, N.J. - June 27, 2011 - (RealEstateRama) -- Stafford Park’s newest addition, Olive Garden, opened its doors to the public, making it the first restaurant to join the variety of successful retailers at the large-scale mixed-use redevelopment in southern Ocean County.
WALTERS GROUP BREAKS GROUND ON STAFFORD PRESERVE
STAFFORD TOWNSHIP, N.J. - June 24, 2011 - (RealEstateRama) -- The Walters Group, developer of Stafford Park, has broken ground on Stafford Preserve, a luxury rental community, consisting of 18 three-story buildings, totaling 216 units. The new community will feature green design and environmentally conscious construction. The project will begin occupancy in April 2012.
ARGO TURBOSERVE EXPANDS HQ LEASE AT CITYVIEW CORPORATE CENTER
LYNDHURST, N.J. - June 24, 2011 - (RealEstateRama) -- Argo Turboserve Corporation (ATC), a provider of supply chain management and nuclear engineering services, has expanded and extended its headquarters lease at Cityview Corporate Center in Lyndhurst, announced commercial real estate services firm Cushman & Wakefield, Inc. The company added 5,200 square feet to its space at the 160 Chubb Ave. property, bringing its occupancy to a total of 19,840 square feet
JOSEPH ROSARIO JOINS CUSHMAN & WAKEFIELD IN EAST RUTHERFORD, N.J.
EAST RUTHERFORD, N.J. - June 23, 2011 - (RealEstateRama) -- Commercial real estate brokerage veteran Joseph Rosario has re-joined Cushman & Wakefield, Inc. in East Rutherford as a senior director. For more than three decades, he has specialized in consulting and transaction services in the New Jersey and metropolitan New York markets; this included nine years at Cushman & Wakefield in the 1970s and 1980s.
NAIOP NJ PANEL: ECONOMIC REBOUND REMAINS SLOW, BUT NEW JERSEY’S BUSINESS IMAGE IS UP
WEST ORANGE, N.J. - June 22, 2011 - (RealEstateRama) -- Co-moderator Richard Marchisio of Lee & Associates described the panel assembled for NAIOP New Jersey's Mid-Year Economic Roundup as, "a cross-section of our industry," and they collectively delivered a message of an economy still struggling to rebound, but a state, New Jersey, that has vastly polished its image as a place to do business. The event was held at Mayfair Farms in West Orange.
CUSHMAN & WAKEFIELD’S DANZIG NAMED TO WERC BOARD OF DIRECTORS
EAST RUTHERFORD, N.J. - June 22, 2011 - (RealEstateRama) -- Cushman & Wakefield, Inc. Executive Director Stan Danzig has been appointed to the board of directors for the Warehousing Education and Research Council (WERC). Danzig, who is serving as a WERC director at large, joins an impressive board for a two-year term starting 2011-2012. He is based in Cushman & Wakefield’s East Rutherford office where he focuses on industrial leasing and sales, land tract transactions, and national/global corporate representation.
SOLAR ENERGY MEANS BUSINESS
New Jersey, NJ - June 13, 2011 - (RealEstateRama) -- The solar energy market in New Jersey has experienced tremendous growth and maturity in the past few years. Indeed, the industry continues to emerge as a business unto itself.
NAIOP NEW JERSEY SEMINAR ADDRESSES STATE’S REGULATORY CULTURE CHANGE
EDISON, N.J. - June 9, 2011 - (RealEstateRama) -- Admitting that, "we have a long way to go," New Jersey Lt. Gov. Kim Guadagno urged the commercial real estate industry to "look at the brighter side. The conversation about New Jersey has definitely changed."
WALTERS GROUP IS RECOGNIZED WITH A 2011 ENERGY STAR® LEADERSHIP IN HOUSING AWARD
BARNEGAT, N.J. - June 9, 2011 - (RealEstateRama) -- Walters Group is pleased to announce that it has been recognized by the U.S. Environmental Protection Agency (EPA) with a 2011 ENERGY STAR Leadership in Housing Award. This award recognizes the important contribution Walters Group has made to energy-efficient construction and environmental protection by building 64 ENERGY STAR Qualified homes last year. Collectively, these homes will save the homeowners approximately $28,600 on utility bills each year.
DAWN ARRABITO JOINS CUSHMAN & WAKEFIELD AS DIRECTOR
EAST RUTHERFORD, N.J. - June 8, 2011 - (RealEstateRama) -- Dawn Arrabito has joined commercial real estate services firm Cushman & Wakefield, Inc. as a director in the firm’s East Rutherford office. A resident of West Orange, N.J., she is a seasoned real estate brokerage professional with 15 years of industry-related experience