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SADDLE RIVER, NJ—An office expansion design project for MedAssets, a healthcare performance improvement company, reflects stepped-up demand for tenant fit-out work at Poskanzer Skott Architects – a shift that Barry Poskanzer, AIA, sees as a positive indicator of regional business growth.
HACKENSACK, NJ—Three new tenants, a dental center, a martial arts school, and a Mediterranean restaurant, are now open at Alfred Sanzari Enterprises' Summit Plaza in Hackensack, NJ.
WAYNE, PA—KBS Real Estate Investment Trust III, a Newport Beach, California-based non-traded real estate investment trust has acquired CrossPoint at Valley Forge, a class A office building in Wayne, PA, for $89.5 million.
ASBURY PARK, NJ—If development plans announced recently by iStar move forward, Asbury Park, NJ is finally looking at a major redevelopment of its long-neglected beachfront.
BALA CYNWYD, PA—Hunt Mortgage Group has provided a $4.6 million Freddie Mac conventional loan facility to refinance a multifamily property in Bala Cynwyd, PA that's had the same owner for nearly 55 years.
HADDON TOWNSHIP, NJ—The first of four buildings at Albertson Village, a multifamily rental project being developed by Walters Group on a brownfield site, is slated for completion in September 2015.
MAHWAH, LEBANON AND HASKELL, NJ—NAI James E. Hanson brokered three separate transactions involving industrial, retail, and auto showroom properties, totaling nearly 142,000 square feet of space in New Jersey.
FORT WASHINGTON, PA—TruMark Financial Credit Union is relocating its corporate headquarters to new space at 335 Commerce Drive in Fort Washington, PA in the spring.