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Industry News

10.2019
NAI James E. Hanson Negotiates Office Sale in Hackensack, N.J.

Hackensack, N.J. (October 17, 2019) – NAI James E. Hanson announces it has negotiated the sale of a 2,331-square-foot office building at 300 S. Summit Avenue in Hackens... Read More

10.2019
NAI Mertz’s Fred Meyer Inks Company’s Landmark 27,000-SF Industrial Deal in Honolulu, Hawaii —Meyer is First NAI Global Broker to Complete Transactions in all 50 U.S. States—

NAI Mertz, a leading full-service commercial real estate firm conducting business throughout the United States, and globally, from its regional offices in New Jersey, gre... Read More

10.2019
NAI Mertz’s Rebecca Ting and Julie Kronfeld Complete Transactions in Pennsauken Office Buildings Totaling Over 9,600 SF

NAI Mertz, a leading full-service commercial real estate firm conducting business throughout the United States, and globally, from its regional offices in New Jersey, gre... Read More

10.2019
CBRE: Robust demand for industrial space continues in Q3

New Jersey's industrial leasing and sales market continued to exhibit vigorous demand during the third quarter of 2019, according to CBRE's latest market report. The marke... Read More

10.2019
NAI Mertz completes Pennsauken office transactions

Mount Laurel-based NAI Mertz announced the brokerage team of Senior Vice President Rebecca Ting and Vice President Julie Kronfeld recently completed two leases totaling 9,... Read More

10.2019
Strategic Funding Alternatives, LLC acquires 57,000 s/f class A office building in Voorhees

VOORHEES, NJ – Strategic Funding Alternatives, LLC (SFA), a privately held commercial real estate investment firm, announced its acquisition of 1020 Laurel Oak Rd. in Vo... Read More

10.2019
The Shops at Riverside adds two luxury retailers

The 42-year-old Hackensack mall is in its third and final phase of redevelopment, to be completed along with both store openings in March 2020. The post The Shops at River... Read More

10.2019
PROPERTY REDEVELOPMENT IS ATTRACTING A WIDE ARRAY OF INDUSTRIES TO NEW JERSEY’S OFFICE MARKET

FLORHAM PARK, N. J - Redevelopment continues to be the main driver of growth in the New Jersey office market, with vacancy decreasing 10 basis points for five of the past ... Read More

10.2019
The Shops at Riverside Announces Additional Luxury Shops to Open in March 2020

HACKENSACK - Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced Ermenegildo Zegna and Max Mara will open in Marc... Read More

10.2019
Walmart: $287.7M collected in NJ retail taxes for FY2019

More than $2 million in associate bonuses were paid to New Jersey Walmart employees in fiscal year 2019, and the retailer paid $79.3 million in state and local taxes, acco... Read More

10.2019
Hackensack Meridian Health Commits $400M to Englewood Health Merger

HACKENSACK, NJ-The respective Boards of Trustees of Englewood Health and Hackensack Meridian Health announced on Tuesday the two healthcare institutions had signed a defin... Read More

10.2019
Denholtz Properties signs 10,000 s/f lease renewal with toy wholesaler in East Brunswick

EAST BRUNSWICK, NJ — Denholtz Properties, a privately held, fully integrated real estate development and investment company, announces that Y&W International has signed ... Read More

10.2019
Alfred Sanzari Enterprises Negotiates Lease Expansion with Law Firm in Hackensack, N.J.

Expansion Highlights Continued Growth of Legal Community at Court Plaza Office Complex Hackensack, N.J. (October 15, 2019) – Alfred Sanzari Enterprises has inked a leas... Read More

10.2019
NAI James E. Hanson and Van Houten Corporate Realty Named Exclusive Brokerages for Sale of Historic Loft Building in Paterson, N.J.

Paterson, N.J. (October 15, 2019) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, and Van Houten Corporate Realt... Read More

10.2019
Redevelopment continues to be main driver for Garden State office market

Transwestern Commercial Services' Third-Quarter 2019 Office Market Report found redevelopment continues to be the main driver of growth in the New Jersey office market, wi... Read More

10.2019
BBG Acquires New Jersey-Based Izenberg Appraisal Associates

DALLAS, Oct. 15, 2019 /PRNewswire/ -- BBG, a leading national commercial due diligence firm, today announced that it has acquired Izenberg Appraisal Associates, Inc., a Ne... Read More

10.2019
Three new buildings coming to sprawling Lakewood industrial park

The Lakewood Industrial Park in Lakewood By Joshua Burd Construction is underway on three new warehouse and distribution buildings in Lakewood, the latest additions to a s... Read More

10.2019
Goldstein Group touts convenience store lease on Route 35 in Eatontown

By Joshua Burd A well-known convenience store chain has taken over the former site of a furniture store in Eatontown, under a newly announced transaction by The Goldstein ... Read More

10.2019
Mack-Cali details Jersey City acquisition, sale in Boston as part of $820 million 1031 exchange

Liberty Towers in Jersey City By Joshua Burd Mack-Cali Realty Corp. is selling two Boston-area properties for a combined $411.5 million as part of a 1031 exchange involvin... Read More

10.2019
Demand Outpaces Development in New Jersey’s Industrial Market

Transwestern Development Co. broke ground on the 207,500-square-foot Philadelphia Logistics Center in late 2018. With 36-foot clear heights and 56 trailer storage spaces, ... Read More

NAI GLOBAL NEWS

10.2019 +/- 55,000 SF Warehouse Sold in Dauphin County

Lemoyne, PA – October 17, 2019: The 55,456 SF warehouse located at 1 Fisher Street in Halifax has been sold ... Read More

10.2019 NAI Realvest Closes Clermont Office Building Sale to Local Property Management Firm for $1.45 Million

CLERMONT / ORLANDO – NAI Realvest recently closed on the $1,450,000 sale of the 15,432 square foot office bu... Read More

10.2019 Jacksonville Market Report 3rd Quarter 2019

Numerous national retailers continue to search for space in Jacksonville, showing sustained demand in our marke... Read More

10.2019 Quarterly Recap | 3Q 2019

Click through the map below to learn more about our blogs, news, and success stories from this past quarter. Qu... Read More

10.2019 3Q 2019 Medical Report

3Q 2019 Medical Report NAI James E. Hanson ... Read More

10.2019 NAI Hiffman arranges $17M sale-leaseback for Young Innovations in IL, MO

NAI Hiffman completed a sale-leaseback transaction on behalf of Young Innovations, Inc., a global manufacturer ... Read More

10.2019 C-III Capital sells Centurion Tower in West Palm Beach to Suffolk Advisors

The Centurion Tower office building in West Palm Beach sold for $32.5 million, a 25% increase from its last tra... Read More

10.2019 3801 Northwest 63rd, Units 1 & 2 Sold!

Lucky Investments, L.L.C. has purchased a property located at 3801 Northwest 63rd Street, Units 1 & 2 cons... Read More

10.2019 NAI Mertz’s Fred Meyer Inks Company’s Landmark 27,000-SF Industrial Deal in Honolulu, Hawaii —Meyer is First NAI Global Broker to Complete Transactions in all 50 U.S. States—

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

10.2019 NAI Hiffman Negotiates $17.1M Sale-Leaseback of Young Innovations Properties in Illinois, Missouri

Included in the sale is the company's 95,000-square-foot headquarters in Algonquin. ALGONQUIN, ILL. AND EARTH C... Read More

10.2019 NAI Columbia assists RenCo Properties in the purchase of 3105 Devine Street

Columbia, SC (October 16, 2019)- NAI Columbia’s Peyton Bryant and Ryan Causey represented the buyer, RenCo P... Read More

10.2019 NAI Horizon negotiates sale of 196 acres of land at I-10 and Highway 85 in Buckeye

PHOENIX, ARIZONA (October 16, 2019) – AZ Buckeye Investors, LLC was the seller in the $3.65 million disposit... Read More

10.2019 NAI Spring Engaged to Sell Fully Leased Industrial Complex

Canton Ohio – October 2019 – NAI Spring, a member of NAI Global, a leading global commercial real estate b... Read More

10.2019 NAI Capital Completes Sale of Prime Affordable Housing Development Site in Indio, CA

Palm Desert, CA – October 15, 2019 – Executive Vice President Gian Starita and Vice President Kenneth Ward... Read More

10.2019 NAI James E. Hanson and Van Houten Corporate Realty Named Exclusive Brokerages for Sale of Historic Loft Building in Paterson, N.J.

Paterson, N.J. (October 15, 2019) – NAI James E. Hanson, a leading New Jersey-based full-service independent... Read More

10.2019 NAI Earle Furman's Q3 2019 Industrial Snapshot

NAI Earle Furman's Q3 2019 Industrial Market Snapshot NAI Earle Furman's Q3 2019 Industrial Snapshot... Read More

10.2019 NAI Earle Furman's Q3 2019 Retail Snapshot

NAI Earle Furman's Q3 2019 Retail Market Snapshot NAI Earle Furman's Q3 2019 Retail Snapshot NAI Ear... Read More

10.2019 NAI Mertz Brokers Sale of 225,000 SF Industrial Property in Wilkes-Barre, Pennsylvania

WILKES-BARRE, PA. - NAI Mertz has brokered the $4.2 million sale of a 225,000-square-foot industrial property i... Read More

10.2019 In the News: Bob Swain Discusses the State of Seattle's Industrial Market

Great discussion on the state of Seattle's industrial market by Puget Sound Business Journal with Bob Swai... Read More

10.2019 NAI Koella | RM Moore Represents Seller In First Commercial Deal At Alcoa West Plant

For Immediate Release NAI Koella | RM Moore Represents Seller In First Commercial Deal At Alcoa West Plant Kno... Read More