Yearly Archives: 2011

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.

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.

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.

EUGENE, OR - November 3, 2011 - (RealEstateRama) -- IDX, Inc. has updated the latest real estate website to adopt a customizable IDX solution. Veronica Billington now hosts a dynamic online property search function simply and conveniently on her DBB Realty Group website. As a member of the Hudson County MLS (HCMLS) and Garden State MLS (GSMLS), Billington has long had access to thousands of listings, and now with IDX Broker, her clients and other New Jersey home seekers can experience the same level of freedom and accessibility to these detailed listings, directly on the search page Billington supports.

WYCKOFF, N.J. - November 2, 2011 - (RealEstateRama) -- Inserra Supermarkets, a leading owner/operator of 21 ShopRite supermarkets throughout New Jersey and New York State, is eager to bring the residents of Wyckoff, N.J., new choices when it comes to grocery and non-grocery items. The Mahwah, N.J., based family-owned company is pursuing plans for a 62,042-square-foot ShopRite redevelopment of a 7.6-acre site in the heart of the Township’s central business district.

WASHINGTON, DC - November 2, 2011 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced the U.S. Department of Health and Human Services (HHS) has released $72.1 million for the Low Income Home Energy Assistance Program (LIHEAP) in New Jersey. The program provides critical assistance to low-income families who struggle each winter to pay their energy bills.

WASHINGTON, DC - November 2, 2011 - (RealEstateRama) -- U.S. Senator Frank R. Lautenberg (D-NJ) today appeared at a press conference with Transportation Secretary Ray LaHood to urge passage of the “Rebuild America Jobs Act,” a proposal that would put hundreds of thousands of Americans back to work rebuilding aging roads, bridges, and airports across the country.

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.

WASHINGTON, DC - October 28, 2011 - (RealEstateRama) -- Rep. Scott Garrett (R-NJ), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, today unveiled his proposal to reform the secondary mortgage market to ensure robust private investment in the U.S. mortgage market without a government guarantee.

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.

Somerset, NJ - October 25, 2011 - (RealEstateRama) -- Andrew Zezas, SIOR, President and CEO of Real Estate Strategies Corporation, announced today that the New Jersey based corporate real estate advisory and transaction services firm completed two distribution center lease transactions for a global manufacturing client in Fairfield, California and Andover, Massachusetts.

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.

SHORT HILLS, N.J. - October 24, 2011 - (RealEstateRama) -- Following the success of its July Food Drive and Volunteer Day, the Community Action Committee of the New Jersey Chapter of NAIOP, the commercial real estate development association, is conducting a “Tools 4 Schools” drive to benefit the “Kids Division” of the Community Food Bank of New Jersey.

New Jersey, NJ - October 24, 2011 - (RealEstateRama) -- With the ongoing dialogue about solar renewable energy certificate (SREC) pricing, or about getting solar installations up and running in time to take advantage of expiring federal incentives, or about the rapidly evolving solar technology itself, where does the humble rooftop fit in? Indeed, those who plan on getting new roofs should investigate the opportunities to offset some – even most – of the cost by including a solar installation as part of the package.

WEST CALDWELL, N.J. - October 24, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield of New Jersey, Inc. has arranged the acquisition of 20 Fairfield Place, West Caldwell, N.J. on behalf of United Association of New Jersey-Plumbers Local 24 Education Fund. The buyer will relocate its administrative, training, and classroom facilities to the single-story industrial building from their existing headquarters in Lodi, N.J.

TEANECK, N.J./BOULDER, CO - October 20, 2011 - (RealEstateRama) -- The Illuminating Engineering Society (IES) has honored Encelium Technologies, a leading technology company specializing in integrated lighting control systems for commercial buildings, with a 2011 Illumination Award for Control Innovation for the University of Colorado Center for Community in Boulder, Colorado. The 302,000-square-foot university property is configured with Encelium’s Energy Control System™ (ECS).

EAST RUTHERFORD, N.J. - October 20, 2011 - (RealEstateRama) -- Third quarter 2011 research findings by commercial real estate services firm Cushman & Wakefield, Inc. point to mixed performance in the office market and continued strong industrial activity.

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income renters forced from their homes following remnants of Tropical Storm Lee.

Newark, N.J. - October 18, 2011 - (RealEstateRama) -- More than 150 building cleaners representing 7,000 cleaners from across the state converged upon the Hilton at Newark Penn Station on Tuesday morning as contract talks began between their union, 32BJ SEIU, and an association of cleaning contractors for office buildings. The union is negotiating with the contractors at a time when asking rents on office space are up in the state, to the benefit of the owners who pay the contractors. 32BJ is seeking to preserve good jobs for a stronger New Jersey economy.