JERSEY CITY, NJ—The KRE Group and National Real Estate Advisors broke ground this week for “Journal Squared,” a three-tower, mixed-use development adjacent to the Journal Square PATH Station that the two developers hope will revitalize the massive Journal Square transportation hub and become the centerpiece of a resurgent urban neighborhood.
EAST BRUNSWICK, NJ—CW Solutions, a national real estate services firm specializing in the utilities and wireless telecommunications industries, has been certified as a Disadvantaged Business Enterprise (DBE) under the New Jersey Unified Certification Program (NJ UCP), an initiative that streamlines the certification process. Company president Stacie Curtis talks with NJ correspondent Steve Lubetkin in an exclusive audio interview.
LIVINGSTON, NJ–Gebroe-Hammer has turned a fast-moving pipeline of multifamily properties in Passaic and Bergen counties into more than $60 million in sales in the past 18 months. All of the transactions were handled by G-H's assistant vice president Debbie Pomerantz, who has closed $19.3 million of that total in the last quarter.
NORTH PLAINFIELD, NJ–Retail real estate services firm Levin Management has inked more than three dozen new leases, renewals and expansions totaling 277,000 square feet during the past four months, says Matthew K. Harding, president of the company.
UNIVERSITY PARK, PA—Baltimore-based GLP Development Company has broken ground on 331 Innovation Boulevard, a $17.8 million, four-story office tower with 82,000 square feet of leasable office space. Building 331 will be the first LEED-certified building in Penn State's Innovation Park. The building is scheduled for completion in late August 2015.
CAMP HILL, PA—Overlook Apartments in Camp Hill, PA, owned by Chesapeake Realty Partners, won six awards in the “luxury” category of the Pennsylvania Apartment Association “Best of Living Awards”. The apartment property won three first place awards, in Overall Community Excellence, Overall Maintenance Excellence; and Property Manager of the Year.
CAMP HILL, PA—Overlook Apartments in Camp Hill, PA, owned by Chesapeake Realty Partners, won six awards in the “luxury” category of the Pennsylvania Apartment Association “Best of Living Awards”. The apartment property won three first place awards, in Overall Community Excellence, Overall Maintenance Excellence; and Property Manager of the Year.
NEWARK, NJ—Advance Realty has signed the New Jersey's largest newspaper company, the Star-Ledger, to a lease for 9,076 square feet of space at One Gateway Center, a downtown office tower owned by the commercial real estate firm.
MONTCLAIR, NJ–Pinnacle Companies Realty Group, the exclusive broker for The Siena, has signed three new retailers at The Siena luxury mixed-use community on South Park and Church Streets: Chocolate Works, the Heritage House restaurant and Jimmy John's gourmet sandwiches.