Yearly Archives: 2012

TRENTON - June 5, 2012 - (RealEstateRama) -- Although the dry conditions that led to wildfires that burned more than 1,000 acres in New Jersey last month have lessened, wildfires remain a pervasive threat to residents living in rural and heavily wooded areas. The number of wildfires so far in 2012 has already exceeded all of last year’s total, and despite recent rainfall, precipitation levels so far this year remain below those of 2011

BLOOMFIELD, N.J. - June 5, 2012 - (RealEstateRama) -- Prism Capital Partners, LLC has announced three leases totaling 21,200 square feet at its BroadAcres Office Park in Bloomfield this spring. Edwin H. Cohen and Eugene Diaz, Prism’s principals, served as in-house representatives for their firm, which owns and manages the 380,000-square-foot campus.

MONMOUTH JUNCTION, N.J. - June 5, 2012 - (RealEstateRama) -- It was a warm, sunny Memorial Day with burgers and hot dogs on the grill, music in the air and dozens of friends socializing by the pool. It’s a little slice of America, a scene that could have occurred anywhere in the country, but it was a particularly gratifying celebration for residents of The Pointe at Turnbury in South Brunswick, who have taken it upon themselves to organize clubs, events and activities that make life in the active adult community more enjoyable.

EAST WINDSOR, N.J. - June 1, 2012 - (RealEstateRama) -- Cushman & Wakefield’s Metropolitan Area Capital Markets Group (CMG) has arranged the $17.625-million sale of 100 SciPark, a 65,552-square-foot, newly constructed office and lab building. The CMG team of Andrew Merin, David Bernhaut, Gary Gabriel, Kyle Schmidt and Nick Karali represented the seller, Woodmont Properties, and secured the buyer, Inland Real Estate Acquisitions, Inc

BARNEGAT, N.J. - June 1, 2012 - (RealEstateRama) -- Walters Homes plans to begin construction in June on a new community at Whispering Hills, offering 97 single-family homes. Forty-three homes will be part of the initial phase, starting at $306,995. The project is situated off Rose Hill Road and Emerson Lane.

NEW BRUNSWICK, N.J. - May 31, 2012 - (RealEstateRama) -- The developers of The Vue in downtown New Brunswick have successfully found their market, selling more than 40% of the building’s upscale Penthouse condominiums and leasing 60% of its luxury rental residences since the beginning of the year.

Edison, NJ - May 30, 2012 - (RealEstateRama) -- Reacting to the NATIONAL ASSOCIATION OF REALTORS®' (NAR) 2012 First Quarter Metropolitan Area Home Prices report, New Jersey Association of REALTORS® (NJAR®) Chief Executive Officer Jarrod C. Grasso today issued the following statement

TEANECK, N.J. - May 30, 2012 - (RealEstateRama) -- The question was, “What’s Driving the Newark Office Market?” The venue was the Northeast New Jersey Chapter of the Appraisal Institute’s 6th Annual Meadowlands Conference, and the answer was that “Newark’s office landscape has changed dramatically.” That message was delivered by David Stifelman, executive director of Cushman & Wakefield, Inc. at the Teaneck Marriott Hotel at Glenpointe

EAST RUTHERFORD/MORRISTOWN, N.J. - May 28, 2012 - (RealEstateRama) -- Cushman & Wakefield, Inc. has promoted two brokerage professionals to the position of director, announced Gualberto “Gil” Medina, the company’s New Jersey executive managing director. David DeMatteis of Montclair, N.J., and Jon Williams of Morristown, N.J., are based at the commercial real estate services firm’s East Rutherford and Morristown offices, respectively.

NEW BRUNSWICK, N.J. - May 23, 2012 - (RealEstateRama) -- On June 5, NAIOP NJ’s Regulatory Update Seminar will be held at the NJ Law Center (NJ ICLE) in New Brunswick from 9:30 a.m. to 12:30 p.m.

MORRISTOWN, NJ - May 21, 2012 - (RealEstateRama) -- More than 75,000 square feet of office space has been leased at Headquarters Plaza in the first quarter of 2012 alone, according to Cushman & Wakefield of New Jersey, exclusive broker for the Class A commercial center located in the historic Morris County City of Morristown.

SOMERSET, N.J. - May 21, 2012 - (RealEstateRama) -- Commercial and industrial real estate leaders, and the top deals of the year, were honored at NAIOP New Jersey’s 25th Annual Commercial Real Estate Awards Gala at The Palace at Somerset Park. The sold-out event was attended by approximately 700 industry professionals

EUGENE, OR - May 21, 2012 - (RealEstateRama) -- IDX, Inc. has enabled IDX Broker software on the real estate website of yet another professional Broker/Realtor, that of Princeton, New Jersey broker Valerie Smith. The unique technology her IDX solution employs has revolutionized the way Smith displays properties on her website. As a member of the Trend MLS (Trend), Smith can sync thousands of properties instantly with her website, giving home seekers the most comprehensive database of detailed listings available. IDX Broker software has forever changed the functionality of the website Smith supports.

WEST ORANGE, N.J. - May 16, 2012 - (RealEstateRama) -- With the Memorial Day weekend opening of Vizcaya’s luxury outdoor pool nearing, residents are rediscovering the joys of living in one of the most scenic, amenity-laden gated communities in New Jersey.

May 15, 2012 - (RealEstateRama) -- Steve Harney, a 20-year residential real estate veteran and nationally recognized speaker for his insights on both real estate and leadership, was the keynote speaker at a recent Gloria Nilson REALTORS®, Real Livingbreakfast meeting for the company’s more than 700 sales associates.

NEWARK, N.J. - May 15, 2012 - (RealEstateRama) -- Shah Deen, general manager of The Berger Organization’s flagship hotel property, the landmark 15-story, 176-room Best Western Robert Treat in downtown Newark, N.J., recently attended a Best Western corporate event in San Francisco. The meeting was part of Best Western’s ongoing Travel Agent Program, which is designed to provide hotel managers and owners with the opportunity to network with travel industry professionals who they would team up with to provide group travel accommodations. The theme of this focused on foreign international travel and provided some insight into current trends

Hoboken, NJ - May 15, 2012 - (RealEstateRama) -- Metro Commercial Real Estate, Inc., the region’s premier full-service real estate company has negotiated a 1,350 SF lease in the heart of Hoboken for Red Mango, one of the fastest growing retailers of all-natural frozen yogurt and fresh fruit smoothies.

Clifton, NJ - May 15, 2012 - (RealEstateRama) -- Well on their mission to provide affordable housing for families throughout Northern NJ, Clifton based real estate investment group, RER, LLC, closes on their purchase of a multi-unit, short-sale property— the second asset located on Littleton Avenue in Newark’s Fairmount Section that the company has acquired.

Torrance, CA - May 15, 2012 - (RealEstateRama) -- Lee & Associates, one of largest broker-owned commercial real estate firms in the country, has closed an industrial sale for an 84,815-square-foot property in Elizabeth, N.J. The details of the transaction are undisclosed.

EUGENE, OR - May 11, 2012 - (RealEstateRama) -- IDX, Inc. announces today the addition of real estate broker Sean Shallis to the expanding network of realty professionals who have chosen to revolutionize the way people search for homes online. With the adoption of IDX Broker software by Shallis, thousands of Garden State MLS (GSMLS) listings are available for potential buyers to search through. Shallis has long been a dedicated real estate broker, servicing Morris Plains, New Jersey as a leader in customer service and client satisfaction, and now his website reflects his business. The online IDX solution Shallis has enabled has truly revolutionized the property search for New Jersey home seekers.