Yearly Archives: 2011

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.

CITY OF WEEHAWKEN AND ROSELAND PROPERTY COMPANY BREAK GROUND ON PORT IMPERIAL 9/11 MEMORIAL

WEEHAWKEN, NJ - April 27, 2011 - (RealEstateRama) -- On April 20, Weehawken, NJ Mayor Richard F. Turner reminded a crowd of more than 100 people who gathered at the Port Imperial waterfront why Weehawken will forever be linked to the events of Sept. 11, 2001. Five of the victims from that day were Weehawken residents, but also, Weehawken was a place where people bravely banded together to help more than 60,000 victims in the face of a crisis.

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.

Realtor Amy Owens brings detail to her Garden State website with addition of IDX...

EUGENE, OR - April 26, 2011 - (RealEstateRama) -- IDX, Inc. and Amy Owens have joined forces to revolutionize the way New Jersey home seekers search for properties online, by adding the innovative IDX Broker software to the website Owens hosts. As a member of the Garden State MLS (GSMLS), Owens has long had access to the detailed property listings through their professional database. Now, with her IDX-enabled search page, Owen's clients receive the same level of access that was once reserved for real estate agents and brokers only, conveniently on her website. Her customizable IDX solution gives Owens and her clients more freedom and access to the GSMLS listings than ever before available online.

MORRISTOWN STANDS OUT AS STATE’S BIGGEST SUCCESS STORY AFTER 40 PARK AND METROPOLITAN EARN...

ATLANTIC CITY, N.J - April 26, 2011 - (RealEstateRama) -- Downtown Morristown took center stage at the 2011 Sales and Marketing (SAM) Awards held recently in Atlantic City. Morristown’s 40 Park was named “Community of the Year,” capping off a thrilling night in which an amazing 16 awards went to the new luxury condominium building and its sister rental building, Metropolitan at 40 Park.

DEVELOPERS OF MORRISTOWN’S “SHOPS ON THE GREEN” ANNOUNCE SIGNING OF STARBUCKS

MORRISTOWN, N.J - April 26, 2011 - (RealEstateRama) -- Roseland Property Company and Woodmont Properties announced today that Starbucks has leased a 2,100 square-foot storefront at the “Shops on the Green” in downtown Morristown, paving the way for the national coffee retailer to return to Morristown after a five-year hiatus

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.

THE MARKETING DIRECTORS LEADS SUCCESSFUL LAUNCH OF 1100 JEFFERSON IN HOBOKEN, N.J.

NEW YORK, NY - April 22, 2011 - (RealEstateRama) -- Following the rapid lease-ups of Berkshire at The Shipyard in Hoboken and 225 Grand in Jersey City, The Marketing Directors, Inc. is continuing its impressive foothold on the New Jersey Gold Coast with the successful launch of 1100 Jefferson, a new luxury rental building in Hoboken, NJ

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.

GEORGE VALLONE OF HOBOKEN BROWNSTONE COMPANY NAMED EXECUTIVE OFFICER OF NEW JERSEY BUILDER’S ASSOCATION

HOBOKEN, N.J. - April 21, 2011 - (RealEstateRama) -- George Vallone, President of The Hoboken Brownstone Company, was recently named an Executive Officer of the New Jersey Builder’s Association (NJBA) at the 62nd annual Atlantic Builder’s Convention held earlier this month in Atlantic City

Auction for roughly 350 Acres of Farmland Slated for tomorrow April 21 Opportunities to...

HUNTERDON COUNTY, N.J. - April 20, 2011 - (RealEstateRama) -- Tomorrow, real estate investors and other interested buyers will have a golden opportunity to bid on three separate farms in scenic Hunterdon County.

GREENBRIAR STONEBRIDGE RECEIVES BEST CLUBHOUSE AWARD AT THE 2011 SAM AWARDS

MONROE, NJ - April 20, 2011 - (RealEstateRama) -- The 41,000-square-foot clubhouse at Lennar’s celebrated Greenbriar Stonebridge active-adult community in Monroe Township, NJ, was named Best Clubhouse/Recreation Amenities in a Community at the 2011 Sales and Marketing (SAM) Awards banquet held last week in Atlantic City.

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.

IDX solution syncs New Jersey listings to dynamic real estate search page and website

EUGENE, OR - April 15, 2011 - (RealEstateRama) -- Today, IDX, Inc. announces Carl Porambo as the latest real estate broker to join the network of real estate professionals constantly changing the online real estate world forever. By adopting a customizable IDX solution for his website Porambo has enabled a comprehensive search that links to the Garden State MLS (GSMLS) database of listings to display thousands of detailed property listings, seamlessly, on his website. With his newly IDX enabled website, Porambo has revolutionized the online real estate search for his clients and countless other Watchung, New Jersey potential buyers

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.

CUSHMAN & WAKEFIELD BROKERS EXPANSION LEASE FOR SOLIX IN PARSIPPANY

PARSIPPANY, N.J. - April 13, 2011 - (RealEstateRama) -- Just more than a year ago, Solix, Inc., relocated its headquarters from Whippany, N.J. with its full-building occupancy of the 56,000-square-foot 30 Lanidex Plaza West. Now, the outsourcing firm has added 10,000 square feet at the adjoining 10 Lanidex Plaza West, represented in both long-term transactions by the East Rutherford, N.J.-based Cushman & Wakefield Inc. team of Peter Hamburger, Walter Schoenberg, Harlan Hollander, Robert Rudin, Jan Randall, and Nate Brzozowski.

IRONSTATE & KRE GROUP ANNOUNCE LEASE UP OF JERSEY CITY’S “225 GRAND”

JERSEY CITY, NJ - April 13, 2011 - (RealEstateRama) -- The developers of 225 Grand, the premium rental building in downtown Jersey City overlooking the Manhattan skyline and Statue of Liberty, announced today that all of the 348 luxury residences in the building have been leased just 10 months after hitting the market.

Six Men Indicted for Conspiring to Obtain More Than $2.6 Million in Home Loans...

TRENTON, NJ - April 121, 2011 - (RealEstateRama) -- Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that six men were indicted today on charges that they stole more than $2.6 million from lenders by filing fraudulent mortgage loan applications.

NJ Home Inspector on negotiating needed repairs prior to closing

Manasquan, NJ - April 11, 2011 - (RealEstateRama) -- Well, now you have in your hands an inspection report listing material defects, maintenance recommendations and reams of information items. As a buyer, what is your next step? If your inspector was worth their salt, you will understand the issues clearly after reading the report. If not, you probably called your real estate agent to interpret the report for you, and he or she may be equally confused. Remember, it is not the agent's responsibility to decide for you what inspection items are important, however they can be a real help in knowing the mindset of the particular seller and what they are likely to do.

Popular Government & Nonprofit Press Releases

Lautenberg Announces Millions in New Funding for Housing in New Jersey

WASHINGTON, D.C. - March 18, 2009 - (RealEstateRama) — Today, Senator Frank R. Lautenberg (D-NJ) announced millions of dollars in new funding for New Jersey’s public housing authorities to rehabilitate and modernize public housing units in New Jersey. The capital improvement money was included in the American Recovery and Reinvestment Act signed into law by President Obama.

Recent Government & Nonprofit Press Releases

Norcross Announces $200K+ for Affordable Housing in Camden

U.S. Congressman Donald Norcross (NJ-01) today announced that Saint Joseph’s Carpenter Society will receive $207,500 in federal funding from the U.S. Department of Housing and Urban Development’s (HUD) NeighborWorks America program to help provide affordable housing in Camden.