Regions Northeast | New Jersey
Two Medical Colleges Snap Up Former Hospital in Westwood for $45M
May 14, 2008
Hackensack University Medical Center and Touro University College of Medicine have just completed the acquisition of the former site of Pascack Valley Hospital in Westwood in a deal valued at $45 million.
Seven-Person East Coast Retail Team Joins HFF
May 13, 2008
Holliday Fenoglio Fowler L.P. has announced that a team of seven capital markets professionals and analysts will join the firm.
41-Unit Bergen County MF Trades
May 13, 2008
Catherine Gardens, a 41-unit apartment property at 278 Main St. in Little Ferry has just traded in an all-cash transaction.
Legal Battle May Follow End of EnCap’s Meadowlands Project
May 09, 2008
A once-promising proposal to transform landfills in Northern New Jersey into an 800-acre master-planned community now appears headed for a long legal battle. 
Pinnacle Commits to 30,000-SF Flex Building
May 08, 2008
Pinnacle Wireless will take its headquarters from Montclair to Hackensack, where it has signed a lease to occupy the entire 30,000-square-foot flex building at 80 Commerce Way.
Insurance Firm Snags 13,200SF at Raritan Plaza for Relocation
May 07, 2008
AmWINS Group Inc. has signed on to occupy 13,200 square feet at Raritan Plaza III, the class A office structure within Raritan center in Edison.
Billboard or Strip Club? Pa. Building Owner Says Make A Choice
May 06, 2008 - Source: NJ.com
Todd Colarusso, who owns the downtown Stockham building in Morrisville, is offering an alternative to his proposed second-floor gentleman's club.
Loss of License Protects Tropicana Atlantic City from Corporate Parent’s Chapter 11
May 06, 2008
The Tropicana Atlantic City casino today said that it is not part of the Chapter 11 filing by corporate parent, Tropicana Entertainment L.L.C., and is continuing normal operations.
Murphy Tapped as CBRE Vice Chairman
May 06, 2008
Patrick Murphy, a 27-year commercial real estate veteran, has been promoted to vice chairman at CB Richard Ellis Inc.
Ghali Hill, Egyptian Developer Forge JV 
May 05, 2008
Construction management company Hill International and the Talaat Moustafa Group Holding Co. (TMG), one of Egypt’s leading residential and hotel developers, have agreed to form a joint venture “that will provide project and construction management services exclusively on TMG projects throughout Egypt and elsewhere in the world,” according to a prepared statement. 
The Staubach Secures Lease for Dow Jones Building in Princeton
May 02, 2008
The Staubach Co.'s New Jersey office has  announced that, on behalf of the building owner Dow Jones & Co., it has arranged a 30,000-square-foot lease with Protech Solutions Inc. at 4300 Route 1, Building Three, within the Bernard Kilgore Center corporate campus in Princeton, N.J.
Tropicana Casino Debuts Havana Rooftop Slots
May 01, 2008
Atlantic City's Tropicana Casino & Resort announced plans for the opening of Havana Rooftop Slots, a new raised section of its casino that has been completely transformed into an all-encompassing, themed slot environment.
Goldstein Group Wins Levitz Assignments
May 01, 2008
Chuck Lanyard, president of The Goldstein Group, the New Jersey retail brokerage firm, has reported that the company has been selected to handle two former Levitz Furniture spaces in Paramus and East Brunswick, N.J.
Urstadt Biddle Takes Position in Newark, New Jersey, Shopping Center
April 23, 2008
Urstadt Biddle Properties Inc. has announced that it has acquired a 60 percent interest in a newly formed limited partnership that purchased the Ferry Plaza Shopping Center in Newark, N.J.
rutherford High Street Takes N.J. Industrial Portfolio
April 18, 2008
An 11-building, 750,000-square-foot New Jersey portfolio has sold to High Street Equity Advisors for an undisclosed price, according to a report from Cushman & Wakefield Inc.’s metropolitan area capital markets group in East Rutherford, N.J.
Carlton Arranges $63M Bridge Loan
April 15, 2008
Carlton has closed successfully a $63 million floating rate, three-year bridge loan for the acquisition and repositioning of Fort Lee Executive Park, a 609,000 square foot class A office complex located 10 minutes from Manhattan in Fort Lee, N.J.
NJ Denies Request for Tropicana Owner to Get Title Back
April 04, 2008
Nearly four months after the New Jersey Casino Control Commission pulled the casino license from the owner of the Tropicana Hotel Casino in Atlantic City, the commission this week denied a bid to return the title to the unlicensed owner, Adamar of New Jersey.
Vornado Gets $290M Construction Loan to Upgrade New Jersey Mall
March 24, 2008
Vornado Realty Trust has closed a construction loan that will provide up to $290 million for the REIT’s renovation and expansion of Bergen Town Center, a 900,000-square-foot shopping center in Paramus, N.J.
50-Acre Jersey City Brownfield Site Snapped Up for Industrial Development
March 19, 2008
AMB Property Corp. has purchased nearly 50 acres of land in Jersey City, N.J., from the Roman Catholic Archdiocese of Newark. The developer will erect the 878,000-square-foot AMB Pulaski Distribution Center on the former landfill site.
New Brunswick Raises Curtain on $275M Mixed-Use Plan
March 14, 2008
Taking a cue from Manhattan’s Carnegie Hall, New Brunswick, N.J. will market the air rights for a $275 million office, residential and retail project to provide a new home for several of the city’s performing arts venues.
Legoland to Open at Meadowlands Xanadu
March 10, 2008
LEGOLAND Discovery Centre, an indoor LEGO world, will open its second and largest location in the United States at the Meadowlands Xanadu entertainment and retail complex, it was announced by Meadowlands Development, the developer of Meadowlands Xanadu and Merlin Entertainments today.
$116M Hoboken Sale Marks Return to Business as Usual for Tarragon
Feb. 29, 2008
Tarragon Corp. is moving on from a year of debt reduction and selling inventory in struggling housing markets, and is ready to get back into the acquisition business. 
Lightstone Group Takes Building in Lakewood, N.J.
Feb. 27, 2008
The Lightstone Group has purchased a single-story, 110,500-square-foot office-warehouse building at 1985 Cedar Bridge Avenue in Lakewood, N.J., it has reported.
GE Refinances N.J. Office Portfolio for $105M
Feb. 22, 2008
Showing that sound assets can get refinanced even in today’s cautious lending environment, Denholtz Associates has obtained $105 million from GE Real Estate to refinance an office portfolio in New Jersey.
Brandywine Closes on  Four Assisted Living Communities in New Jersey
Feb. 11, 2008
Brandywine Senior Living has completed the acquisition of a four-property portfolio from Meridian Health System, it has reported.
 

Keeping Commercial Building Construction Developments Current


Commercial development in New Jersey is incredibly active. There is seemingly always new commercial office space being built or older buildings being renovated in the Garden State. New Jersey commercial building construction has never been more prominent and its full coverage can be found at Commercial Property News online.

Engaging Your Employees Essential
May 09, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Long gone are the days where the executive leadership of a company can remain sequestered in their offices with an internal focus on hard metrics. It is the soft metrics of customer centricity...

The Name Game: Part 3
May 02, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This is the third and final piece in this series on naming. The first column dealt with how to select a naming firm, the second one addressed the components that go into creating...

The Name Game, Part 2
April 25, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This week's column is part two in a three part series on naming. Last week's column contained advice on how to select a naming firm and today I'll address the elements that go...

The Name Game: Part 1
April 18, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The disciplines of branding and corporate identity have long been personal passions of mine, and nothing within this genre holds greater fascination for me than the practice of corporate naming. This column is...

Knowledge Is Power
April 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The ability of an executive to sort out who, what, why, when, where, and how while contemplating how decisions are made will largely determine the qualitative outcome of said eventual decisions. Even though...