Archive for NJ Real Estate
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Prism Property Services Earns Prestigious AMO Designation
BLOOMFIELD, N.J., Oct. 21, 2009 – Prism Property Services, LLC, a subsidiary of Prism Capital Partners, LLC, has earned the Accredited Management Organization (AMO) designation from the Institute of Real Estate Management (IREM). Jonathan F. Hoff, RMA, CPM, senior vice president of management services for Prism Property Services, will be [...]
Cushman & Wakefield Inks Renewal for Pharmanet in Princeton
PRINCETON, N.J., Oct. 21, 2009 - PharmaNet Development Group, Inc., a leading provider of clinical development services to pharmaceutical, biotechnology, generic drug and medical device companies, has signed an early renewal for its 122,000-square-foot headquarters lease at Boston Properties’ 504 Carnegie Center in Princeton. Cushman & Wakefield, Inc. represented [...]
Gebroe-Hammer Closes Four Separate North Jersey Multi-Family Sales Totaling $10 Million In One Week
LIVINGSTON, N.J., Oct. 19, 2009 – Gebroe-Hammer Associates, the region’s leading real estate investment brokerage firm, has closed four separate multi-family property transactions, valued at almost $10 million, in a one-week timeframe within the supply-constrained Northern New Jersey market. The small-to-mid-sized properties involved a total of seven buildings, 130 units [...]
Cushman & Wakefield Named Agent for New Linden W/D Property
LINDEN, N.J., Oct. 16, 2009 – Cushman & Wakefield, Inc. has been named exclusive leasing agent for a newly constructed, 385,000-square-foot warehouse/distribution building at 55 Wildcat Way at Linden Airport in Linden. Noah Balanoff, Stephen Elman, and Stan Danzig of the firm’s East Rutherford, N.J., office are handling the assignment [...]
Retail Industry Bankruptcies Raise Tough Questions
October 15, 2009 – It seems like news headlines report daily about bankruptcies in the retail industry. What, exactly, is the fallout? This and other “tough” questions – including those asking about which landlords and tenants are most susceptible, and the impact on shopping centers – are important to address.
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Cushman & Wakefield Inks CherryRoad Technologies Lease in Parsippany
PARSIPPANY, N.J., Oct. 12, 2009 - CherryRoad Technologies Inc., a leading integrator of enterprise software, has leased 18,000 square feet of space at Powder Mill Plaza III in Parsippany, announced Cushman & Wakefield, Inc. The firm recently relocated from another local site to the property at 301 Gibraltar Drive.
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Gebroe-Hammer Associates Sells River Villas Garden Apartment Complex for $3 Million
PALMYRA, N.J., Oct. 8, 2009 – Gebroe-Hammer Associates has announced the $3 million trade of River Villas, a fully leased 44-unit garden-apartment complex in Palmyra, N.J. Executive vice presidents Joseph Brecher and Joel Schwartz represented the seller, Harbour View, and procured the buyer, a long-time Gebroe-Hammer client.
“This sale reaffirms that [...]
