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Industry News

04.2019
Industrious opening its first NJ co-working space inside the Mall at Short Hills

The Mall at Short Hills will soon welcome a new kind of tenant: a co-working office space company called Industrious. Industrious, which provides flexible workspaces, will... Read More

04.2019
One Idea for Old Corporate Headquarters: The "Metroburb"

McDonald's. Mondelez. Conagra. Motorola. As suburban corporations continue to seek out young, city-dwelling talent for the changing workplace, a swathe of major headquarte... Read More

04.2019
Social Purpose: Planned Builds Bears for Children; Margaret Bicz helps clean up D.C.

Employees from Planned's corporate office and associates out in the field gathered at Mayfair Farms in West Orange, NJ on Thursday April 18th for our annual Spring Town Ha... Read More

04.2019
Flooring Company Signs 35,000 SF Industrial Lease in Carlsdadt, New Jersey

CARLSDADT, N. J. - Michael Halebian & Co., a provider and distributor of specialty flooring products, has signed a 35,000-square-foot industrial lease at 700 Gotham Parkwa... Read More

04.2019
With help from financial adviser, Modell's seeks to improve prospects in competitive market

Modell's Sporting Goods, known for its catchy "Gotta Go To Mo's" jingle, has obtained guidance from a financial adviser - an indication that the country's oldest sporting ... Read More

04.2019
Monmouth University Real Estate Center Head Reinhart Named EVP at R.J. Brunelli

OLD BRIDGE, NJ-The director of the Kislak Real Estate Institute at Monmouth University, veteran real estate executive Peter S. Reinhart, is mixing academia with real-world... Read More

04.2019
Rent-stabilized landlords see operating costs increase, again

A yearly report presented by the Rent Guidelines Board shows that landlords’ costs increased 5.5 percent, while mortgage service fees are at an all-time low Operating co... Read More

04.2019
NJ Manufacturer Switches to Solar Energy

PVC compound manufacturer Cary Compounds and structural foam and injection molder S&A Molders have added a solar array at a shared manufacturing facility in Manalapan, N. ... Read More

04.2019
Industry leader Reinhart joins Brunelli to lead mixed-use development practice

By Joshua Burd R.J. Brunelli & Co. has hired Peter S. Reinhart, the head of Monmouth University’s real estate program and a former longtime executive with Hovnanian Ente... Read More

04.2019
Cascades Officially Inaugurates A New Packaging Plant In New Jersey

Cascades (TSX: CAS), a leader in the recovery and manufacturing of green packaging and tissue products, today inaugurated its newest and most modern containerboard packagi... Read More

04.2019
NorthMarq Arranges $16M Freddie Mac Loan for Refinancing of New Jersey Apartments

Village Manor in Nutley, N. J. totals 227 units. NUTLEY, N.J. - NorthMarq Capital has arranged a $16 million Freddie Mac loan for the refinancing of Village Manor, a 227-u... Read More

04.2019
NJ Office Market Continues Post-Recession Success

FLORHAM PARK, NJ-As the slow but steady resurgence of the New Jersey office market continues, vacancy has reached its lowest level in nearly a decade. After decreasing by ... Read More

04.2019
With help from financial adviser, Modell's seeks to improve prospects in competitive market

Modell's Sporting Goods, known for its catchy "Gotta Go To Mo's" jingle, has obtained guidance from a financial adviser - an indicator that the country's oldest sporting g... Read More

04.2019
1Q 2019 Meadowlands Report

1Q 2019 Meadowlands Report NAI James E. Hanson ... Read More

04.2019
Transactions & Financings: AllyAlign's $10M Funding Round; $201M Financing for Harbor's Edge

AllyAlign Health closes $10M funding round AllyAlign Health, a developer and administrator of Medicare Advantage (MA) special needs plans benefiting long-term care provide... Read More

04.2019
Preit appoints WCRE as agent to market +/-30,000 s/f at The Moorestown Mall in Moorestown

MOORESTOWN, NJ — WCRE | CORFAC International announced that it has been appointed by PREIT as the office leasing agent to market +/-30,000 s/f at the former Macy’s sto... Read More

04.2019
See the incredible views from atop Brooklyn’s tallest building

Extell’s Brooklyn Point will briefly hold the title of the borough’s tallest tower Manhattan may lay claim to one of the most iconic skylines in the world, but across ... Read More

04.2019
Greystone Provides $24M Loan for Refinancing of Assisted Living Facility in New Jersey

NEW JERSEY - Greystone has provided a $24 million Fannie Mae loan to refinance a 138-unit assisted living facility in New Jersey. D. J. Elefant of Greystone's New York off... Read More

04.2019
Greystone Provides $24M Loan for Refinancing of Assisted Living Facility in New Jersey

NEW JERSEY - Greystone has provided a $24 million Fannie Mae loan to refinance a 138-unit assisted living facility in New Jersey. D. J. Elefant of Greystone's New York off... Read More

04.2019
Entergy to Sell Indian Point Energy Center Post Closure to New Jersey Firm

BUCHANAN, NY-Entergy Corp. has reached an agreement to sell its Indian Point 1, 2 and 3 nuclear power plants here after the power plants are shut down in late 2021. The Ne... Read More

NAI GLOBAL NEWS

04.2019 NAI Global Announces 2018 Top 10 Global Producers

New York City, NY – April 17, 2019:  NAI Global, a leading global commercial real estate brokerage firm, to... Read More

04.2019 PMC Acquires Stolker Family's Historic Nine-Building MF Portfolio in Center City for $28M

PHILADELPHIA, PA-PMC Property Group has acquired a historic nine-building multifamily portfolio in Center City ... Read More

04.2019 Puget Sound Overview- 1Q2019

The Office, Industrial & Retail Market Report provides a comprehensive overview for the market conditions o... Read More

04.2019 LoDo building sells for $3M; new law firm to move in

A two-story office building in LoDo is shuffling from one law firm to another. The two founders of Richards Car... Read More

04.2019 NAI lands in Fort Collins

NAI Global, a worldwide network of commercial real estate offices, recently expanded its footprint in Colorado.... Read More

04.2019 NAI Shames Makovsky Announces Recent Transactions

SALES Office Sale – NAI Shames Makovsky announces the sale at 320 Santa Fe Drive, Denver, CO., consisting of... Read More

04.2019 NAI Mid-Michigan/TMN Commercial finds America's Preferred Home Warranty New Data Center in DeWitt

DeWitt, MI April 15, 2019 – America’s Preferred Home Warranty, Inc. has entered into a long-term lease for... Read More

04.2019 NAI Mertz Arranges $28 Million Sale of Historic Nine-Building Multifamily Portfolio in Center City Philadelphia

NAI Mertz, a leading full-service commercial real estate firm conducting business throughout the United States... Read More

04.2019 First Quarter 2019 Greater Edmonton Report

Edmonton Commercial Vacancy Rates Trend Upward Ahead Two Key Elections in 2019 EDMONTON, ALBERTA- 28/02/2019- ... Read More

04.2019 Patrick Palmer Elected to be the Southeast Regional Vice President of CCIM

NAI Columbia Principal and Director of Retail Services, Patrick Palmer was elected to be the Southeast Regiona... Read More

04.2019 NAI Capital Completes Lease on Behalf of the American Industrial Real Estate Association

Los Angeles, CA – April 9, 2019 – Executive Managing Director Joseph Faulkner with NAI Capital’s Tenant ... Read More

04.2019 1608 N.W. Expressway Sold

Blumenthal Foundation has purchased an office property located at 1608 Northwest Expressway consisting of 14,7... Read More

04.2019 NAI Realvest Closes on $2 Million Land Sale to Site Development Firm Expanding Operations from Longwood

NAI Realvest recently closed on the $2,000,000 sale of a 16.25-acre parcel of industrial land at 6106 Beggs Rd... Read More

04.2019 First Quarter 2019 Market Peek

A First Look at Chicagoland Real Estate Statistics Having trouble viewing this email? Click here First Quarter ... Read More

04.2019 NAI Global Announces New Middle East Presence with Offices in Jeddah, Riyadh (Kingdom of Saudi Arabia) and Dubai (UAE)

New York City, NY, Kingdom of Saudi Arabia & United Arab Emirates – April 5, 2019: Jay Olshonsky, FRICS,... Read More

04.2019 NAI Capital Negotiates Purchase of Movie Tech Studios in Van Nuys, CA

Los Angeles, CA – April 4, 2019 – Senior vice presidents Ziv Kozaski and Michael Dixon with NAI Capital ne... Read More

04.2019 NAI Columbia Welcomes Ryan Causey to Brokerage Team

NAI Columbia is pleased to announce the addition of Ryan Causey to the Columbia brokerage team. Ryan joins NAI... Read More

04.2019 NAI Horizon brings Zipps Sports Grill to Park Central lineup

NAI Horizon's retail team negotiated a long-term lease totaling $2 million on behalf of the tenant as Zipps Spo... Read More

04.2019 NAI Horizon negotiates $2M lease as Zipps Sports Grill joins the retail lineup at the new Park Central in Midtown Phoenix

     PHOENIX, ARIZONA (April 3, 2019) – NAI Horizon’s retail team negotiated a long-term lease totalin... Read More

04.2019 NAI Columbia Facilitates Sale of Former Dianne’s on Devine in Columbia

NAI Columbia is pleased to announce the sale of the former Dianne’s on Devine restaurant located at 2400 Dev... Read More