EAST RUTHERFORD, NJ—"Transforming the exterior design of the property has been an essential part of our plan for the project from the very beginning," says Don Ghermezian, president of Triple Five Worldwide. "Our vision is to create an elegant and visually exciting façade that will showcase the exceptional retail and entertainment destinations found inside American Dream."
PHILADELPHIA—"We began to work with the Shooster family several years ago and are very pleased that we are finally acquiring these centers,” says Drew Gorman, Echo's senior vice president of acquisitions and development. “The centers are well located, time-tested properties that also provide an opportunity for enhanced value."
METUCHEN, NJ—The purchase in the Middlesex County community expands Sanzari Enterprise's reach with a new presence in one of the premier submarkets in New Jersey.
NJ Bankers president John McWeeney described the outlook as “an opportunity for meaningful change for the better,” at a meeting of bank marketers this week. He described the government transition as a “high-risk administration,” that nevertheless offers an opportunity for tax reform and regulatory relief that should benefit commercial banks.
CLARK, NJ—The infrastructure investments will generate an additional $305 million in increased economic activity in the real estate sector, says Michele Siekerka, president and CEO of the NJ Business & Industry Association.
ELIZABETH, NJ—The new building, a 60,000-square-foot, five-story, totally accessible facility, features a 400-seat auditorium with state-of-the-art audio-visual equipment and a streaming mezzanine that is dividable. The auditorium will be used by CAU for events and will be available to the community for rent.
SOUTH BRUNSWICK, NJ—Scheduled for completion in May 2017, Phase Two of the project will be a 187,600 square-foot building featuring cross-dock loading, 36-foot clear height ceilings and dedicated trailer parking.
SADDLE BROOK, NJ—With third quarter leasing activity in 2016 surpassing second quarter figures by 20.9%, the New Jersey industrial market has begun approaching its carrying capacity, according to CBRE's Q3 2016 New Jersey Industrial MarketView Report.