New Jersey

The Fairfield, NJ-based commercial and real estate development firm completely renovated the 71,300-square-foot building with a new façade with enhanced energy performance including state-of-the-art lighting, glass curtain wall and computer-controlled extremely efficient heating and cooling systems.

Commercial brokerage firm NAI James E. Hanson reports that the 8,500-square-foot vacant Howell Elementary School building was sold by the Board of Education to buyer Michael Tzezairlidis.

Woodmont Parc consists of three-story elevator buildings, garages, and a clubhouse that features a large resident lounge, game room, theater room, heated swimming pool and expansive sun deck.

The REIT has renewed its 400,000 square-foot-lease with Perishing, LLC, a subsidiary of The Bank of New York Mellon, at 95 Columbus in Jersey City.

In its settlement agreement, Wells Fargo does not admit liability and throughout the litigation process vigorously denied the allegations.

Dallas-based Crow Holdings Industrial reports that in addition to this property, the firm currently has a five-million-square-foot development pipeline less than 18 months after commencing regional operations.

"Over the past two years, our Administration has turned the page on a system where political connections and closed-door deals took precedence over the need to grow our economy and provide a sound return on investment for our taxpayers," said Gov. Murphy.

The agreement puts the two health care institutions on a path toward reaching a Definitive Agreement, which they expect to reach within the coming months. The LOI follows a Request for Proposal released by Saint Peter's in October 2018 that it was considering a strategic partner.