MONTCLAIR, NJ—LCOR and co-developer The Pinnacle Companies have topped out the first building in the development Valley & Bloom, in Montclair's central business district.
WOODBRIDGE, NJ—A 23,000-square-foot expansion at St. Georges Crossing in Woodbridge will house a new T.J.Maxx, which has signed on to join the tenant roster at the fully leased shopping center on St. Georges Avenue.
Among the deals highlighted in New Jersey this week, The Hampshire Companies and CrownPoint Group have broken ground on their 104-unit residential complex in the River Bend section of Harrison, NJ.
NEW YORK—Regulatory concerns are the principal focus for more than a third of the lenders participating in a newly released survey on construction risk produced by GlobeSt.com with Partner Engineering and Science Inc.
ROCHELLE PARK, NJ—Case Real Estate Capital, an active private direct lender and investor, has named Chris Mavros as its chief financial officer. He will also be a managing director and principal of the firm.
FORT MONMOUTH, NJ—With the impending opening of the new $100 million world headquarters of CommVault Systems at the corner of Tinton Avenue and Hope Road in Tinton Falls, the state agency overseeing the transition of this century-old Army base into a master-planned community believes it is starting to achieve modest early success.
EAST RUTHERFORD, NJ—Demand for New Jersey industrial real estate remained strong despite an uptick in available space, says Cushman & Wakefield in its third quarter 2014 research results. Sales of industrial properties increased 24% in the quarter, with more than 4.6 million square feet of space changing hands.
MARLTON, NJ—Continuing a trend first noted during the second quarter, the Southern New Jersey commercial real estate market appears to be shifting from recovery to growth, according to the latest analysis by Wolf Commercial Real Estate.