Archives
FALLIVENE, JUDAH JOIN PRISM CAPITAL PARTNERS
BLOOMFIELD, N.J. - June 28, 2012 - (RealEstateRama) -- Ronald Fallivene and Ted Judah have joined the team at Prism Capital Partners, announced Eugene Diaz, a principal partner of the firm. Fallivene will serve as project manager for Prism Construction Management, while Judah will serve as property manager.
PRISM JOINT VENTURE ACQUIRES 180,000-SQ.-FT. BERGEN COUNTY INDUSTRIAL BUILDING
ELMWOOD PARK, N.J. - June 27, 2012 - (RealEstateRama) -- Prism Capital Partners LLC and The Davis Companies have teamed up to acquire 41 Slater Drive, a 180,000-square-foot industrial building in Elmwood Park, from an affiliate of paper products manufacturer Marcal, announced Prism Principals Eugene Diaz and Edwin Cohen. The all-cash transaction was brokered by Thomas Carragher of Studley.
CUSHMAN & WAKEFIELD ORCHESTRATES SALE OF 65 CLYDE ROAD IN SOMERSET, N.J.
SOMERSET, N.J. - June 22, 2012 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has orchestrated the $10.7 million trade of 65 Clyde Road in Somerset. TA Associates Realty purchased the 159,000-square-foot industrial property from Cornerstone Real Estate Advisers.
CUSHMAN & WAKEFIELD LAUNCHES MOBILE MAINTENANCE IN NEW JERSEY
EAST RUTHERFORD, N.J. www.twitter.com/carylcomm Commercial real estate services firm Cushman & Wakefield, Inc. has launched its Mobile Engineering and Maintenance services platform in New Jersey. This program, spearheaded by the firm’s Corporate Occupier & Investor Services Group (CIS), provides variable and affordable repair and maintenance services to owners and tenants of commercial, industrial and retail properties.
“NEW JERSEY IS CHANGING,” LT. GOV. GUADAGNO TELLS I.CON-THE INDUSTRIAL CONFERENCE
JERSEY CITY, N.J. - June 21, 2012 - (RealEstateRama) -- “New Jersey is changing. What we have done in the past two years is change the perceptions of New Jersey as a place to do business,” Lt. Gov. Kim Guadagno told close to 400 industrial real estate professionals from all over North America at I.con: The Industrial Conference. Presented by NAIOP, the commercial real estate development association, in partnership with NAIOP New Jersey and the Society of Industrial and Office Realtors (SIOR), the annual two-day event took place at the Hyatt Regency Jersey City.
BANK OF TOKYO CONTINUES TO GROW IN JERSEY CITY WITH 100,274-SQ.-FT. EXPANSION LEASE
JERSEY CITY, N.J. - June 20, 2012 - (RealEstateRama) -- In another clear sign that the financial community continues to find a home and grow on the Hudson River waterfront, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) has signed a 17-year, three-month expansion lease for 100,274 square feet at Harborside Financial Center. The subsidiary of Mitsubishi UFJ Financial Group, represented in the transaction by Cushman & Wakefield, Inc., now occupies nearly 262,000 square feet at the 725,600-square-foot Harborside Plaza 3.
IDX Broker integrates thousands of New Jersey real estate listings onto search page of...
EUGENE, OR - June 20, 2012 - (RealEstateRama) -- South Jersey Shore Regional MLS (SJSTMLS) listings are now easier than ever to search online, thanks to IDX, Inc. and real estate professional Eric Booth of Ocean City, New Jersey. Booth now hosts a dynamic IDX solution on his website, giving home seekers the ability to efficiently search SJSTMLS listings to find their dream home online. With IDX Broker software, Kulick can display thousands of listings without lifting a finger as online property searches have been simplified for potential buyers, agents, and brokers alike.
PRISM EXPANDS, RELOCATES HEADQUARTERS TO ITS OWN BROADACRES OFFICE PARK
BLOOMFIELD, N.J. - June 20, 2012 - (RealEstateRama) -- Prism Capital Partners, LLC has relocated its headquarters to BroadAcres Office Park from Englewood, N.J., in an expansion move, announced Edwin Cohen, principal partner. The commercial real estate owner/operator has maintained its property management operations at 200 Broadacres Drive since 2006, when it purchased the 380,000-square-foot, four-building BroadAcres campus.
NEW JERSEY MULTI-FAMILY DEVELOPMENT PIPELINE TAKING CENTER STAGE IN 2012
June 19, 2012 - (RealEstateRama) -- The development pipeline has taken center stage in discussions about the Northern New Jersey multi-family market heading into mid-year 2012. Cushman & Wakefield’s data indicates that an unprecedented 17,000 units are under construction or have a high probability of seeing a shovel in the ground over the next 36 months.
NAIOP NEW JERSEY SEMINAR: PUBLIC AND PRIVATE SECTOR OFFICIALS ADDRESS KEY ISSUES, STRESS COOPERATION
NEW BRUNSWICK, N.J. - June 12, 2012 - (RealEstateRama) -- Improving New Jersey’s permitting process, and the potential impact of the new, proposed State Strategic Plan were the key issues for discussion at the Regulatory Update Seminar presented by NAIOP New Jersey, the commercial real estate development association. Industry professionals and state government officials on the seminar’s panels all agreed that close cooperation between the two sides is essential for reaching the important goals of retaining and creating jobs, improving the state’s economy, and making New Jersey a better place to live and work.
JUNE 14-15: GOV. CHRISTIE AND LT. GOV. GUADAGNO SET TO ADDRESS I.CON-THE INDUSTRIAL CONFERENCE
JERSEY CITY, N.J. - June 8, 2012 - (RealEstateRama) -- I.con-The Industrial Conference, slated for June 14-15, 2012, at the Hyatt Regency in Jersey City, is expected to attract nearly 400 senior real estate professionals from across North America. The annual event, produced by NAIOP, the Commercial Real Estate Development Association, and held in partnership with NAIOP New Jersey and SIOR, will be highlighted by addresses from Gov. Chris Christie and Lt. Gov. Kim Guadagno
Shrewsbury Office Thanks Supporters of 7th Annual Alex’s Lemonade Stand!
June 6, 2012 - (RealEstateRama) -- In their continuous efforts in the battle against childhood cancer, the Gloria Nilson Realtors, Real Living Shrewsbury Office hosted their 7th Annual Alex’s Lemonade Stand last Saturday, June 2, 2012 at their office, 600 Broad Street , Shrewsbury, NJ.
IDX Broker software integrates thousands of New Jersey properties onto website of Patrick Halliday
EUGENE, OR - June 6, 2012 - (RealEstateRama) -- IDX, Inc. is pleased to announce the latest real estate professional to enable a customizable IDX solution on their realty website: Patrick Halliday of Fox Real Estate. The Ocean City, New Jersey-based real estate company has chosen to employ IDX Broker software to sync directly to the South Jersey Shore Regional MLS (SJSRMLS) database. Home seekers can now experience unprecedented access to the SJSRMLS listings, giving them more freedom and control over their online property search. Halliday has truly revolutionized the online real estate market for New Jersey home seekers, potential clients and himself, with his custom IDX solution
PRISM ANNOUNCES 21,200 SQUARE FEET IN LEASING AT BROADACRES OFFICE PARK
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.
SENSE OF COMMUNITY STRONG AT THE POINTE AT TURNBURY IN SOUTH BRUNSWICK
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.
CUSHMAN & WAKEFIELD ARRANGES $17.625 MILLION SALE OF PRINCETON AREA’S 100 SCIPARK
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
WALTERS HOMES ANNOUNCES NEW SINGLE-FAMILY CONSTRUCTION AT WHISPERING HILLS
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.
NJAR RELEASES STATEMENT REGARDING 1st Q HOME SALES
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
CUSHMAN & WAKEFIELD’S DAVID STIFELMAN: “NEWARK’S OFFICE LANDSCAPE HAS CHANGED”
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
Cushman & Wakefield Promotes Two New Jersey Brokers to Director
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.
