Archives

BRICK, N.J. - January 26, 2012 - (RealEstateRama) -- With the January acquisition of Barclay Arms in Atlantic City, N.J., private equity real estate group Tryko Partners, LLC, marked a 12-month period of aggressive growth that nearly doubled its multifamily portfolio and substantially grew its skilled nursing holdings. The Brick-based firm has added more than 1,800 residential units and 200 nursing home beds, with another 680 housing units under contract to close during the first quarter of 2012.

NEWARK and SAYREVILLE, N.J. - January 25, 2012 - (RealEstateRama) -- National Amusements, Inc., the motion picture exhibition industry leader, has retained commercial real estate services firm Cushman & Wakefield, Inc. to market surplus properties in Newark and Sayreville for sale. Donald Eisen, a Cushman & Wakefield executive director based in the firm’s East Rutherford, N.J., office, is heading the assignment, along with Christian Politan. The first, a 19-acre redevelopment parcel at 104-180 Foundry Street in Newark, sits adjacent to Exit 15E of the NJ Turnpike, offering prominent visibility and outstanding access to Port Newark and Elizabeth. The property formerly served as home to All Jersey Multiplex Cinemas.

EUGENE, OR - January 24, 2012 - (RealEstateRama) -- With thousands of properties being updated every day, real estate professional Victoria Carter of Coldwell Banker has integrated the revolutionary IDX Broker software onto her website, in an effort to simplify the online real estate search in Short Hills, New Jersey. She can now seamlessly display thousands of Garden State MLS (GSMLS) listings online, creating a comprehensive database of property listings for buyers to search through. IDX Broker has forever changed the way New Jersey buyers experience an online real estate solution.

LAWRENCEVILLE, N.J. - January 20, 2012 - (RealEstateRama) -- Langan Engineering & Environmental Services has increased its presence and re-located within its current location at 989 Lenox Drive in Lawrenceville. In little more than one year, this regional office quickly outgrew its operating space and worked closely with Cushman & Wakefield, Inc. and its landlord Brandywine Realty Trust, to sign a new lease for 10,750 square feet in the same building.

EUGENE, OR - January 19, 2012 - (RealEstateRama) -- Short Hills, New Jersey real estate professional Victoria Carter has revolutionized her website with the dynamic IDX Broker software. She now hosts thousands of property listings directly on her website, thanks to her partnership with IDX, Inc. and Garden State MLS (GSMLS). The IDX solution Carter supports automatically extracts raw listing data from the GSMLS database and integrates them onto her page, providing home seekers with a dynamic and comprehensive group of listings to help them find their dream home.

EAST RUTHERFORD, N.J. - January 19, 2012 - (RealEstateRama) -- Metropolitan Center, the New Jersey Meadowlands landmark office tower, will soon have MWW Public Relations signage on the building. The public relations agency, one of the top 15 agencies in the world, and a long-time tenant at the property, has extended its lease and secured building signage rights at the 420,000-square-foot property, announced commercial real estate services firm Cushman & Wakefield, Inc.

EAST RUTHERFORD, N.J. - January 19, 2012 - (RealEstateRama) -- With $1.3 billion in completed transactions during 2011, Cushman & Wakefield, Inc.’s Metropolitan Area Capital Markets Group experienced robust activity that reflects a year of steps forward and back, and “haves” and “have-nots,” according to Andrew Merin, vice chairman. Ultimately, the East Rutherford-based team closed its best year since 2008, including multiple record-breaking deals.

EAST RUTHERFORD, N.J. - January 17, 2012 - (RealEstateRama) -- Has recovery finally taken hold? What commercial real estate opportunities and trends will play out in 2012? Those questions and more will be answered by a panel of experts at NAIOP New Jersey's Annual Meeting and Real Estate Forecast, slated for January 24 at the Sheraton Meadowlands, East Rutherford, N.J.

Newark, N.J. - January 16, 2012 - (RealEstateRama) -- The Newark, N.J., hotel industry is thriving heading into 2012. While the continued evolution of the city’s entertainment, cultural and corporate draws can be credited in part for the strong performance, the real catalyst can be found in New York City’s burgeoning tourism industry.

EAST RUTHERFORD, N.J. - January 16, 2012 - (RealEstateRama) -- Performance within the Garden State’s office markets during 2011 indicates that the commercial real estate industry is on the rebound, according to Cushman & Wakefield, Inc.’s New Jersey Research Services team. Gualberto “Gil” Medina, the commercial real estate services firm’s executive managing director, noted that fundamental improvements in the state’s Northern and Central counties—including significant jumps in office leasing activity—tie directly to strengthening job growth.

January 10, 2012 - (RealEstateRama) -- Michele Neidle, sales associate with Gloria Nilson, Realtors, Real Living, is pleased to announce the grand re-opening of Sunrise Acres in Monroe, a 36 home single family community located in Monroe Township. Sunrise Acres in Monroe features 4 distinctive floor plans ranging in size from 3,100 to over 3,800 square feet with 2-3 car garages and full basements and is located on 2 cul-de sac streets.

CLEVELAND, OH - January 3, 2012 - (RealEstateRama) -- After a bureau of the U.S. Treasury Department released new guidelines that amount to a free pass for banks to abandon foreclosed homes—fostering crime and leaving local taxpayers on the hook—U.S. Sen. Sherrod Brown (D-OH) today called for tougher standards to prevent the needless evictions of Ohio families and to forestall neighborhood blight.

January 3, 2012 - (RealEstateRama) -- Please consider Michael G. McGuinness of NAIOP New Jersey as a resource for insight into the following issues. As CEO of the commercial real estate developers association, he is uniquely qualified to discuss the impact of Grow New Jersey and other key incentives on New Jersey’s economic future.

EAST RUTHERFORD, N.J. - December 29, 2011 - (RealEstateRama) -- Christa DiLalo Petti of East Brunswick, N.J., has joined commercial real estate services firm Cushman & Wakefield, Inc., as an analyst on its New Jersey Research team, announced Gualberto “Gil” Medina, the firm’s executive managing director. Based in East Rutherford, the group conducts primary research, data-driven analysis and forecasting for the state’s Northern and Central counties, which house approximately 183 million square feet of office inventory and 608 million square feet of industrial space.

Jersey City, NJ - December 29, 2011 - (RealEstateRama) -- New Jersey cleaners, joined by top New Jersey elected leaders, will rally today in Jersey City to celebrate their new contract and in support of cleaners in New York City’s commercial buildings who are on the verge of a strike.

EAST RUTHERFORD, N.J. - December 29, 2011 - (RealEstateRama) -- Has recovery finally taken hold? What commercial real estate opportunities and trends will play out in 2012? Those questions and more will be answered by a panel of experts at NAIOP New Jersey's Annual Meeting and Real Estate Forecast, slated for January 24 at the Sheraton Meadowlands, East Rutherford, N.J.

December 28, 2011 - (RealEstateRama) -- The union representing 7,000 office building cleaners around New Jersey is making a last attempt to reach a fair contract for the workers before union members begin preparations to strike. More than two months after the union began negotiations with a consortium of cleaning contractors, the two sides remain far apart on wages and health care coverage. With less than five days remaining before the current contract expires at midnight on December 31st, today is the last scheduled day for bargaining.

JERSEY CITY, N.J. - December 20, 2011 - (RealEstateRama) -- Cushman & Wakefield’s Metropolitan Area Capital Markets Group (CMG) has orchestrated the sale of 10 Exchange Place. The 748,005-square-foot building is a 30-story trophy office tower and a skyline landmark on Jersey City’s Hudson River waterfront.

NEWARK, N.J. - December 15, 2011 - (RealEstateRama) -- Diversified Capital has added a broad suite of new tenant amenities being implemented at 24 Commerce Street, the former Federal Trust Bank building in downtown Newark. These new amenities, along with the $5 million building renovations, are part of the company’s overall investment in the historic office structure, which rises 18 stories and encompasses a total of 180,000 square feet.

LAWRENCEVILLE, N.J. - December 15, 2011 - (RealEstateRama) -- Community Investment Strategies (CIS), Inc., the developer, builder and property manager of market-rate and affordable apartment-rental communities throughout New Jersey, has adopted solar-powered energy at three of its’ apartment complexes: Rosegate, Heritage Village at Elizabeth, and Heritage Village at Manalapan. All three senior communities have been retrofitted with photovoltaic solar panels to collect energy for the buildings’ common areas.