ROBERT TREAT HOTEL A DESTINATION FOR INTERNATIONAL TRAVELERS
NEWARK, N.J. - June 8, 2011 - (RealEstateRama) -- While the influx of international travelers staying at The Berger Organization’s Best Western Robert Treat Hotel in Newark may initially have been motivated by a recession-based drive toward cost savings, the trend continues to gain momentum as the recovery takes hold. According to Shah Deen, the hotel’s general manager, what started as a simple idea to market the property as an alternative to high-priced lodging in Manhattan is drawing countless overseas guests for business and pleasure - many of them are patronizing local attractions in Newark as well.
JUNE 20: NAIOP NEW JERSEY TO PRESENT MID-YEAR ECONOMIC ROUNDUP
WEST ORANGE, N.J. - June 6, 2011 - (RealEstateRama) -- New Jersey's office market is making a comeback, but why does job growth lag other states? What's driving the surge in leasing activity, and does the general economic recovery finally have legs? On Monday, June 20, 2011, NAIOP New Jersey, the commercial real estate development association, will address those questions and more with the Mid-Year Economic Roundup at the association's scheduled chapter meeting.
NEW JERSEY’S INDUSTRIAL LEASING ACTIVITY INCREASES AS U.S. MARKET STRENGTHENS
EAST RUTHERFORD, N.J. - May 27, 2011 - (RealEstateRama) -- Cushman & Wakefield’s first quarter statistics for the U.S. industrial market show leasing activity in New Jersey increased in the first three months of 2011, as the U.S. market continued towards recovery.
LT. GOV. KIM GUADAGNO WILL KEYNOTE NAIOP NJ JUNE 8 SEMINAR ON ENVIRONMENTAL, ECONOMIC...
EDISON, N.J. - May 26, 2011 - (RealEstateRama) -- How does the Christie Administration envision planning for sustainable economic growth? What regulatory and policy changes are coming from DEP in the areas of water quality management, land use planning and site remediation? Are you prepared for mandatory reliance on an LSRP?
CUSHMAN & WAKEFIELD ARRANGES HOBOKEN MULTIFAMILY TRADE
HOBOKEN, N.J. - May 25, 2011 - (RealEstateRama) -- One of Hoboken’s newest luxury rental communities, 800 Madison Street, traded this week. Commercial real estate services firm Cushman & Wakefield, Inc.’s Metropolitan Area Capital Markets Group orchestrated the property’s sale from Tarragon Corp. to CB Richard Ellis Investors.
CUSHMAN & WAKEFIELD WINS MCEDC TOP REAL ESTATE BROKER AWARD
MORRISTOWN, N.J. - May 20, 2011 - (RealEstateRama) -- The Cushman & Wakefield, Inc. team of Robert Donnelly, Robert Donnelly Jr., Marc Rosenberg and Ben Brenner were responsible for the year's largest office lease and have been honored by the Morris County Economic Development Corporation (MCEDC) for the achievement. In mid-2010, they represented chemical and materials giant BASF in a long-term agreement for a new 325,000-square-foot building for the company's North American headquarters in Florham Park, N.J. Construction is currently underway on the build-to-suit project within The Rockefeller Group's The Green at Florham Park.
BASF HEADQUARTERS LEASE WINS UNITED WAY’S 2011 IMPACT AWARD
MORRISTOWN, N.J. - May 20, 2011 - (RealEstateRama) -- Chemical and materials giant BASF is building a new North American headquarters at The Green at Florham Park, and that project has garnered the 2011 United Way of Northern New Jersey Commercial Real Estate Network’s Impact Award. The 325,000-square-foot build-to-suit lease transaction was arranged by the Cushman & Wakefield, Inc. team of Robert Donnelly, Robert Donnelly Jr., Marc Rosenberg, and Ben Brenner. The owner of the property is The Rockefeller Group
JUNE 13: 2011 JEFFREY SIEGEL MEMORIAL IOREBA 42ND ANNUAL GOLF AND TENNIS OUTING
WEST ORANGE, N.J. - May 18, 2011 - (RealEstateRama) -- The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area Inc. (IOREBA) will host the 2011 Jeffrey Siegel Memorial IOREBA 42nd Annual Golf and Tennis Outing on Monday, June 13, at the Essex County Country Club in West Orange.
SOLAR BUSINESS IS VERY MUCH LIKE THE REAL ESTATE BUSINESS, IOREBA EVENT ATTENDEES TOLD
ISELIN, N.J. - May 12, 2011 - (RealEstateRama) -- With its financing, supply-and-demand, and regulatory issues, "the solar business is very much like the real estate business," said Jeffrey Milanaik, President of Heller Industrial Parks. The venue was the 1st Annual Industrial Developer's and Investor's Night of the Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area Inc. (IOREBA), at the Renaissance Woodbridge Hotel.
JUNE 8: NAIOP NEW JERSEY TO PRESENT ENVIRONMENTAL, ECONOMIC & LAND USE PLANNING UPDATE
NEW BRUNSWICK, N.J. - May 12, 2011 - (RealEstateRama) -- On Wednesday, June 8, 2011, NAIOP New Jersey, the commercial real estate development association, will present a seminar titled "Environmental, Economic & Land Use Planning Update". Topics of discussion will include the plans of the administration of Gov. Chris Christie to foster sustained economic growth, regulatory and policy changes coming from the New Jersey DEP, and preparations for mandatory reliance on Licensed Site Remediation Professionals (LSRP).
CUSHMAN & WAKEFIELD WINS MCEDC TOP REAL ESTATE BROKER AWARD
MORRISTOWN, N.J. - May 10, 2011 - (RealEstateRama) -- The Cushman & Wakefield, Inc. team of Robert Donnelly Sr., Robert Donnelly Jr., Marc Rosenberg and Ben Brenner were responsible for the year's largest office lease and have been honored by the Morris County Economic Development Corporation (MCEDC) for the achievement. In mid-2010, they represented chemical and materials giant BASF in a long-term agreement for a new 325,000-square-foot building for the company's North American headquarters in Florham Park, N.J.
CUSHMAN & WAKEFIELD NAMED LEASING AGENT FOR GLENPOINTE
TEANECK, N.J. - May 5, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield has been named leasing agent for the 650,000-square-foot office component of the Glenpointe complex in Teaneck. Richard Baumstein, Marc Graham and Christian Politan of the firm’s East Rutherford, N.J., office are heading the assignment on behalf of property owner Alfred Sanzari Enterprises.
ENCELIUM TECHNOLOGIES’ TONY MARANO TO SERVE AS MASTER OF CEREMONIES AT THE U.S. GREEN...
TEANECK, N.J. - April 28, 2011 - (RealEstateRama) -- On May 19, Tony Marano, president and chief executive officer of Teaneck, N.J.-based Encelium Technologies, will serve as master of ceremonies for the U.S. Green Building Council – New Jersey’s (USGBC-NJ) 5th Annual “Building A Greener New Jersey” Awards Gala. At its signature event, USGBC-NJ will recognize leaders in sustainability and green building whose accomplishments have established best practices throughout the Garden State. Mayor of Newark Cory A. Booker will serve as the keynote speaker at the Gala, which will be held at The Palace at Somerset Park in Somerset., N.J., from 5:30 to 10 p.m.
CUSHMAN & WAKEFIELD INKS 60,000-SQ.-FT OFFICE LEASE IN LYNDHURST
LYNDHURST, N.J. - April 28, 2011 - (RealEstateRama) -- KnowledgePoint360 Group, a global leader in healthcare information and communications, has signed a long-term lease for a new, 60,000-square-foot headquarters location at Skyline Corporate Center in Lyndhurst, announced commercial real estate services firm Cushman & Wakefield, Inc. The company will relocate to the Class A property at 125 Chubb Ave. from Secaucus, N.J., in an expansion move this fall.
N.J.’S ECONOMIC RECOVERY RESONATES IN REAL ESTATE MARKETS
EAST RUTHERFORD, N.J. - April 27, 2011 - (RealEstateRama) -- Job growth in office-using industries and increased port container volume are among several emerging indicators of New Jersey’s economic recovery. And Cushman & Wakefield, Inc.’s first quarter 2011 research findings reflect the positive results resonating in the commercial real estate industry.
CUSHMAN & WAKEFIELD ARRANGES 113,000-SQ.-FT. WAREHOUSE SUBLEASE
CARLSTADT, N.J. - April 25, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has arranged a 113,000-square-foot sublease at 333 Starke Road in Carlstadt. Total Office Planning Services (TOPS) of Manhattan has relocated its warehouse facility from Long Island City to the property.
CUSHMAN & WAKEFIELD ARRANGES SALE OF 121,000-SQUARE-FOOT WAREHOUSE
OAKLAND, N.J. - April 21, 2011 - (RealEstateRama) -- The 121,000-square-foot warehouse building at 111 Bauer Drive has been sold. The East Rutherford, N.J.-based Cushman & Wakefield Inc. Metropolitan Area Capital Markets Group team of Andrew Merin, David Bernhaut, Gary Gabriel and Jared Zimmel represented the undisclosed seller and procured the buyer, BD Oakland Owner LLC.
CUSHMAN & WAKEFIELD NAMED AGENT FOR CARLSTADT DATA CENTER/CO-LOCATION FACILITY
CARLSTADT, N.J. - April 18, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has been named exclusive agent for 480 Gotham Parkway, a 58,683-square-foot data center/co-location facility in Carlstadt. Lee Miller and Marc Graham of the company's East Rutherford, N.J. office are handling the assignment for the property, which most recently is leased to JPMorgan Chase.
CUSHMAN & WAKEFIELD MARKETING STOP & SHOP SITE IN SPARTA, N.J.
SPARTA, N.J. - April 14, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc.’s Metropolitan Area Capital Markets Group has been selected to market a 3.76-acre redevelopment/repositioning investment opportunity in Sparta. The site, located at 60 Sparta Ave., currently is improved with a 33,690-square-foot, stand-alone grocery store owned and occupied by Stop & Shop.
CUSHMAN & WAKEFIELD CLOSES HIGHEST PRICE PSF SALE IN N.J. HISTORY
JERSEY CITY, N.J. - April 14, 2011 - (RealEstateRama) -- In the highest price-per-square-foot investment sale transaction in New Jersey history, Cushman & Wakefield, Inc.’s Metropolitan Area Capital Markets Group has orchestrated the trade of 70 and 90 Hudson Street in Jersey City. CBREI acquired the trophy-quality office assets from Hartz Mountain Industries for $310 million.