Caryl Communications Inc
NAIOP NEW JERSEY MEMBERSHIP GROWS BY 45
NEW BRUNSWICK, N.J. - August 2, 2011 - (RealEstateRama) -- With the addition of 45 new members in Q1 of 2011, NAIOP New Jersey, the commercial real estate development association, has seen its ranks grow. Established in 1970, NAIOP New Jersey is the leading commercial real estate, land use and economic development resource in the state. Through its link to NAIOP corporate, the New Jersey Chapter provides a direct connection to 18,000 members in North America.
Investment Real Estate at Mid-Year: Active, with Substantial Capital But Not Enough of the...
August 2, 2011 - (RealEstateRama) -- The first half of 2011 has seen significant capital allocated to real estate, but the market remains a "tale of two cities." The absolute right product continues to attract a great deal of interest, but if an asset is "slightly off," there is no action for it. That trend spans all four primary property types – retail, office, industrial, and multi-family.
THE AMERICAN DREAM IS SHIFTING FROM OWNING TO RENTING
BARNEGAT, NJ - August 1, 2011 - (RealEstateRama) -- For generations, the American Dream has been synonymous with homeownership. Today, however, with the stress on housing markets, some Americans are redefining that dream, finding they don’t have to buy to live well.
CUSHMAN & WAKEFIELD ARRANGES INDUSTRIAL USER SALE IN BRISTOL, PA
BRISTOL, PA - August 1, 2011 - (RealEstateRama) -- National Honey Almond, Inc., a wholesale distributor of fine cigars and a long-term client of commercial real estate services firm Cushman & Wakefield, Inc., has acquired a new headquarters propert...
IOREBA’S MEMBERSHIP CONTINUES TO GROW
ROCHELLE PARK, N.J. - July 27, 2011 - (RealEstateRama) -- Thirteen new members representing a broad range of commercial real estate-related professions have been accepted as members of the Industrial and Office Brokers Association of the New York Metropolitan Area (IOREBA). Dating back more than eight decades, IOREBA now has members in New Jersey, New York, Connecticut and Pennsylvania.
NAIOP NEW JERSEY VOLUNTEERS ASSIST STATE’S COMMUNITY FOOD BANK
HILLSIDE, N.J. - July 27, 2011 - (RealEstateRama) -- For the second year in a row, the Community Action Committee of NAIOP New Jersey conducted a food drive and volunteer day to benefit the Community Food Bank of New Jersey. More than 50 members, friends and staff of the commercial real estate association spent a full day transporting and unloading food donations, packing pasta and preparing food bags for seniors at the Hillside, N.J. headquarters of CFB, which provides food for 1,500 non-profit groups across New Jersey. NAIOP New Jersey members collected more than 450 pounds of food at their companies' workplaces, as well as cash donations at industry events and through a Virtual Food Drive
CUSHMAN & WAKEFIELD ARRANGES 60,000-SQUARE-FOOT DISTRIBUTION CENTER LEASE FOR AUTOMOTIVE SUPPLIER
NEWARK, DE - July 26, 2011 - (RealEstateRama) -- DYK Automotive, LLC has signed a lease for 60,000 square feet at Pencader Business Park, 650 Pencader Drive, Newark, Del. The automotive aftermarket supplier will utilize the site as its Northeast distri...
BALDASSARE & MARA, LLC LEASES AT 570 BROAD STREET IN NEWARK
NEWARK, N.J. - July 26, 2011 - (RealEstateRama) -- The law firm of Baldassare & Mara, LLC has leased 2,360 square feet at 570 Broad Street in Newark, representing the first commitment at the 15-story tower since The Berger Organization purchased a controlling interest in 570 Broad Street LLC, a partnership, earlier this year. The practice will relocate to the property from Chatham, N.J.
CUSHMAN & WAKEFIELD REPORTS POSITIVE NEWS FOR N.J. REAL ESTATE
EAST RUTHERFORD, N.J. - July 21, 2011 - (RealEstateRama) -- Evidence of recovery has spread throughout New Jersey’s office and industrial real estate markets at mid-year 2011, according to Cushman & Wakefield, Inc. in East Rutherford.
A DISCUSSION ABOUT ADAPTIVE REUSE WITH PRISM’S BOB GIBSON
ENGLEWOOD, N.J. - July 20, 2011 - (RealEstateRama) -- Commercial real estate owner/operator Prism Capital Partners, LLC is set to break ground this summer on Phase I of The Parkway Lofts, a multifamily adaptive reuse in Bloomfield and East Orange, N.J. The project will convert a 114-year-old, 365,000-square-foot former General Electric Company warehouse property, located on the Garden State Parkway, into 361 loft-style apartments. At build out, the 14.5-acre site will be transformed into a distinctive, high-density residential village also featuring 150 for-sale townhomes, a clubhouse and other lifestyle amenities, to be built as part of Phase II.
AUG. 7-10: ENCELIUM TECHNOLOGIES TO EXHIBIT AT GOVENERGY 2011 TRADE SHOW IN CINCINNATI
CINCINNATI, OH/TEANECK, N.J. - July 19, 2011 - (RealEstateRama) -- Encelium Technologies will showcase its innovative energy management and lighting control systems at GovEnergy 2011: A River of Energy Solutions Workshop and Trade Show, Booth #834, from Sunday, August 7 to Wednesday, August 10, 2011, at the Duke Energy Convention Center in Cincinnati, Ohio. At the trade show, attendees will get an insider’s look at Encelium’s new Polaris 3D, its next generation of lighting control software for the company’s Energy Control System (ECS).
Tryko Partners Acquires Philadelphia Retirement Community
PHILADELPHIA, PA - July 15, 2011 - (RealEstateRama) -- Private equity real estate group Tryko Partners, LLC of Brick, N.J., has acquired a West Philadelphia property recognized as the nation’s first retirement community. The $8 million purchase includes age-restricted rental housing at Kearsley Apartments and Kearsley Square, and skilled nursing services at Kearsley Long Term Care. The Kearsley campus had been part of the NewCourtland Network since 2004.
WINTER JOINS CUSHMAN & WAKEFIELD’S BUSINESS INCENTIVES PRACTICE
EAST RUTHERFORD, N.J. - July 13, 2011 - (RealEstateRama) -- Lee Winter has re-joined commercial real estate services firm Cushman & Wakefield, Inc. in East Rutherford, as a director in its Global Business Consulting Group’s Business Incentives Practice. He brings nearly three decades of industry experience – including more than 15 years in the location advisory services arena – to his new position.
CUSHMAN & WAKEFIELD APPOINTED FOR NEWARK INDUSTRIAL PROPERTY
NEWARK, N.J. - July 11, 2011 - (RealEstateRama) -- Cushman & Wakefield, Inc. has been named exclusive leasing agent for Liberty Logistics Center, a 191,000-square-foot industrial property at 158 Mount Olivet Avenue in Newark. Stephen Elman, Jules Nissim and Robert Adams of the commercial real estate services firm’s East Rutherford, N.J., office are handling the assignment on behalf of Prologis, the building’s owner. The team currently is marketing a 41,000-square-foot availability.
PATRICK CONNELLY JOINS CUSHMAN & WAKEFIELD AS DIRECTOR IN EDISON
EDISON, N.J. - July 8, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has appointed Patrick Connelly of Monroe Twp., N.J., as its director of industrial property management in New Jersey. This strategic hire reflects the company’s initiative to fully integrate its industrial platform locally, regionally and nationally.
WALTERS GROUP APPLIES INNOVATIVE M2M TECHNOLOGY TO OPERATE SECURITY SYSTEMS, SOLAR FARM OPERATIONS
STAFFORD TOWNSHIP, N.J. - July 8, 2011 - (RealEstateRama) -- Walters Group, an award-winning real estate development firm, has redefined “business as usual” by applying machine-to-machine (M2M) technology to modernize the management of its operations. The firm has been recognized as an M2M success story and was invited by Verizon Wireless to tout the benefits of wireless M2M connectivity services at an employee training seminar.
CUSHMAN & WAKEFIELD TO MARKET FORMER GEN RE HQ IN STAMFORD
STAMFORD, CO - July 6, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has been selected to market the former General Reinsurance Corporation headquarters in Stamford for sale. Recognized as the premier office asset in the State of Connecticut, the 560,000-square-foot property is located at 695 East Main Street with frontage and high visibility from I-95.
JACKIE ORCUTT JOINS CUSHMAN & WAKEFIELD OF ARIZONA AS ASSOCIATE
PHOENIX, AZ - July 5, 2011 - (RealEstateRama) -- Jackie Orcutt has joined the team at Cushman & Wakefield of Arizona, Inc. in Phoenix, as an associate in the commercial real estate services firm’s Industrial Group. Orcutt’s focus includes tenant representation assignments and project leasing, primarily in the Sky Harbor Airport and southeast valley submarkets
CUSHMAN & WAKEFIELD ARRANGES $32.6-MILLION SALE OF KEARNY INDUSTRIAL BUILDING
KEARNY, N.J. - July 1, 2011 - (RealEstateRama) -- Cushman & Wakefield, Inc.'s Metropolitan Area Capital Markets Group has arranged the sale of 670 Belleville Turnpike, a 211,000-square-foot, single-story industrial building within Saw Mill Park. Seller Saw Mill Park, LLC, an affiliate of Carlstadt, N.J.-based Russo Development, was represented by the Cushman & Wakefield team of Andrew Merin, David Bernhaut, Gary Gabriel, Brian Whitmer, Kyle Schmidt, Stan Danzig, Jules Nissim, Stephen Elman, and Catherine Bounczek. San Francisco, California-based buyer Terreno Realty Corporation was represented in-house by Andrew Burke, Senior Vice President.
CUSHMAN & WAKEFIELD NAMED AGENT FOR RED BANK OFFICE BUILDING
RED BANK, N.J. - June 30, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has been named leasing agent for 73 Broad Street, a Class A downtown office building. Director John Kaye of the firm's Edison, N.J. office is handling the assignment on behalf of the locally based ownership, Downtown Investors, LLC.
CUSHMAN & WAKEFIELD INKS HQ LEASE FOR SOFTWARE COMPANY
PISCATAWAY, N.J. - June 29, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has orchestrated an 11,000-square-foot headquarters lease for Shadow Financial Systems at Washington Plaza, 1551 South Washington Ave. in Piscataway. The software company, which develops solutions for global securities processing, reconciliation, clearing, treasury and accounting, will relocate to the Class A property from Edison, N.J., this summer in an expansion move.
NEW TECHNOLOGIES HELP PROPERTY MANAGERS GAIN EFFICIENCY
June 29, 2011 - (RealEstateRama) -- Good commercial property management, by definition, is pretty simple. Buildings are well maintained and attractive, systems do what they should do, and tenant needs are addressed promptly and thoroughly. Quality property management ranks right up there with location as a key to attracting and, even more importantly, retaining tenants.
REGION’S NEWEST OLIVE GARDEN OPENS AT STAFFORD PARK
STAFFORD TOWNSHIP, N.J. - June 27, 2011 - (RealEstateRama) -- Stafford Park’s newest addition, Olive Garden, opened its doors to the public, making it the first restaurant to join the variety of successful retailers at the large-scale mixed-use redevelopment in southern Ocean County.
WALTERS GROUP BREAKS GROUND ON STAFFORD PRESERVE
STAFFORD TOWNSHIP, N.J. - June 24, 2011 - (RealEstateRama) -- The Walters Group, developer of Stafford Park, has broken ground on Stafford Preserve, a luxury rental community, consisting of 18 three-story buildings, totaling 216 units. The new community will feature green design and environmentally conscious construction. The project will begin occupancy in April 2012.
ARGO TURBOSERVE EXPANDS HQ LEASE AT CITYVIEW CORPORATE CENTER
LYNDHURST, N.J. - June 24, 2011 - (RealEstateRama) -- Argo Turboserve Corporation (ATC), a provider of supply chain management and nuclear engineering services, has expanded and extended its headquarters lease at Cityview Corporate Center in Lyndhurst, announced commercial real estate services firm Cushman & Wakefield, Inc. The company added 5,200 square feet to its space at the 160 Chubb Ave. property, bringing its occupancy to a total of 19,840 square feet
JOSEPH ROSARIO JOINS CUSHMAN & WAKEFIELD IN EAST RUTHERFORD, N.J.
EAST RUTHERFORD, N.J. - June 23, 2011 - (RealEstateRama) -- Commercial real estate brokerage veteran Joseph Rosario has re-joined Cushman & Wakefield, Inc. in East Rutherford as a senior director. For more than three decades, he has specialized in consulting and transaction services in the New Jersey and metropolitan New York markets; this included nine years at Cushman & Wakefield in the 1970s and 1980s.
NAIOP NJ PANEL: ECONOMIC REBOUND REMAINS SLOW, BUT NEW JERSEY’S BUSINESS IMAGE IS UP
WEST ORANGE, N.J. - June 22, 2011 - (RealEstateRama) -- Co-moderator Richard Marchisio of Lee & Associates described the panel assembled for NAIOP New Jersey's Mid-Year Economic Roundup as, "a cross-section of our industry," and they collectively delivered a message of an economy still struggling to rebound, but a state, New Jersey, that has vastly polished its image as a place to do business. The event was held at Mayfair Farms in West Orange.
CUSHMAN & WAKEFIELD’S DANZIG NAMED TO WERC BOARD OF DIRECTORS
EAST RUTHERFORD, N.J. - June 22, 2011 - (RealEstateRama) -- Cushman & Wakefield, Inc. Executive Director Stan Danzig has been appointed to the board of directors for the Warehousing Education and Research Council (WERC). Danzig, who is serving as a WERC director at large, joins an impressive board for a two-year term starting 2011-2012. He is based in Cushman & Wakefield’s East Rutherford office where he focuses on industrial leasing and sales, land tract transactions, and national/global corporate representation.
SOLAR ENERGY MEANS BUSINESS
New Jersey, NJ - June 13, 2011 - (RealEstateRama) -- The solar energy market in New Jersey has experienced tremendous growth and maturity in the past few years. Indeed, the industry continues to emerge as a business unto itself.
NAIOP NEW JERSEY SEMINAR ADDRESSES STATE’S REGULATORY CULTURE CHANGE
EDISON, N.J. - June 9, 2011 - (RealEstateRama) -- Admitting that, "we have a long way to go," New Jersey Lt. Gov. Kim Guadagno urged the commercial real estate industry to "look at the brighter side. The conversation about New Jersey has definitely changed."