HADDONFIELD, NJ—The Haddonfield firm has transformed itself into a true real estate boutique, and, to help expand its practice base even further, recently brought on board two attorneys with extensive large-firm experience.
STATE COLLEGE, PA—Located across from the Penn State University campus, the project is scheduled to deliver in summer 2018, with pre-leasing slated to begin in fall 2017.
JERSEY CITY AND HOBOKEN, NJ—Both properties are managed by Parkview Management Corp., which has specialized in multifamily hi-rise affordable communities for more than 40 years.
WYOMISSING, PA—The property, a class A trophy asset originally developed as a headquarters for the former Meridian Bank, is currently 98% leased and anchored by a variety of national and regional credit tenants.
PLAINSBORO, NJ—The class A property, which sits in the heart of the Princeton market, includes nine interconnected buildings on 58 acres, with Novo Nordisk currently leasing 563,000 square feet on a net lease basis with expansion rights through April 2031, no termination rights and one 10-year renewal option.
SADDLE BROOK, NJ—Overall in New Jersey, leasing velocity, which totaled 2.16 million square feet in the second quarter, was historically high — 27.7% above the five-year quarterly average — leading to 181,521 square feet of positive absorption.
PITTSBURGH, PA—Carnegie Learning's lease follows TDC's unveiling of its $100-million redevelopment of the Union Trust Building, an architectural icon located at 501 Grant Street, overlooking Pittsburgh's Mellon Square.
HOBOKEN, NJ—The global professional services firm, which has been a tenant of Waterfront Corporate Center II since 2002, will remain in the building for another 15 years. The lease comes just days after news that EY, formerly Ernst & Young, has signed a new lease for 168,000 square feet of office space at the property.
BELLEVILLE, NJ—J.G. Petrucci Company acquired the Park Belleville, an 18-unit multifamily property at 256 Belleville Avenue in Belleville, NJ for $2.375 million, just under $132,000 per unit.
PENNSAUKEN, NJ—Standard Merchandising, a sock manufacturing company whose former location was sold to make way for the new Subaru headquarters in Camden, has acquired a 115,300-square-foot manufacturing facility at Airport Industrial Park for $4.15 million.