LEASES

NEWARK, NJ—C&K Properties has signed Parsons Transportation Group, Inc. to a long term lease for 12,300 square feet at 2 Gateway Center, C&K's class A office building in the heart of downtown Newark. Parsons is returning to 2 Gateway after a brief absence, drawn to the building's superior infrastructure, technological offerings, and onsite amenities. Parsons is the seventh company to sign a lease in 2014 at 2 Gateway, which has seen a marked uptick in leasing activity. CBRE senior vice president Dudley Ryan represented C&K in the transaction; Parsons was also represented by the CBRE team, led by Randall Brown.

HAMILTON, NJ – Real estate and tax appraisal firm PPA Inc. has leased 636 square feet of space at Ibis Plaza Office Suites in Hamilton, NJ. Brian Schneider, PPA vice president, says the firm needed temporary office space in Hamilton closer to a client engagement. “Our home office in Delran would have been difficult for our employees to commute to every day when the work they are doing is in Hamilton and Ewing,” says Schneider. “Ibis Express Offices was perfect for us. We were able to sign the lease and move in the next day. Our employees are loving the location and the amenities offered at Ibis Express Offices like the shared kitchen and huge, clean restroom facilities. We also like that the internet is included and it is very fast!”

EXECUTIVE APPOINTMENTS

LIVINGSTON, NJ–Mark Scott of Commercial Mortgage Capital, a real estate finance firm that arranges permanent, construction and mezzanine loans for a wide range of commercial properties, has joined the U.S. Realty Capital team, as its New Jersey member. Scott is a member of the National Mortgage Bankers Association and has served on the Urban Land Institute national multifamily council. He has consulted for the Appraisal Institute and the National Association of Realtors. U.S. Realty has a proven track record of providing clients with top-quality service and creative capital solutions for commercial real estate projects nationwide. Mr. Scott graduated magna cum laude from the University of Connecticut with a B.S. in Business Administration, Finance/Real Estate Urban Economic Studies and received an MBA from Purdue University.

EAST BRUNSWICK, NJ—Amanda Tiboni of Clinton, NJ, has joined CW Solutions as a right-of-way and land research associate. Before joining CW Solutions, Tiboni worked as an independent consultant. Her responsibilities include assisting with title research for clients, reviewing legal documents and preparing title reports. CW Solutions has increased its service offerings significantly over the last 12 months, according to president Stacie Curtis, who has led the effort along with vice president and co-founder Robert Weible, to expand the company's property acquisition, title and geographic information systems (GIS) team, and position the firm for future growth. The company nearly doubled its staff during the past year and plans to fill additional key positions in the coming months.

Instant Insights /

Parsons Leases at Gateway Newark; Mark Scott Joins US Realty Capital

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