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HACKENSACK, NJ—Alfred Sanzari Enterprises is helping to make the holidays brighter for community members in need with its first annual “Giving Thanks Food Drive.” The real estate development firm is working in conjunction with The Church on the Green, located at 42 Court Street in Hackensack. The church provides the city's homeless with nutritious dinners twice each week.
MT. LAUREL, NJ—NAI Mertz has sold a 63,600-square-foot industrial/flex facility at 17 Roland Ave. in Mt. Laurel, NJ, to Horizon Services, a plumbing and HVAC company.
JERSEY CITY, NJ— PHMII Associates has named Boston-based Tocci Building Companies builder and construction manager of The Residences at 3 Journal Square.The $55 million project will include ground level retail and amenity space along with 240 upscale apartment homes.
FAIRFAX, VA—The Peterson Companies and Brandywine Realty Trust have formed a 50/50 joint venture to develop a 300,000-square foot mixed-use town center development in Herndon, VA.
WALL TOWNSHIP, NJ—AB Monmouth LLC, a wholly owned subsidiary of Amboy Bank, is seeking permission from Wall Township to build a new extended stay hotel at the unfinished “The Monmouth” site, located at the intersection of routes 70 and 35.
TORONTO, ON—Toronto-based Avison Young has acquired New Jersey-based asset management firm Kwartler Associates. The purchase further expands Avison Young's business-line coverage in New Jersey and throughout the tristate market, adding 27 employees to the firm's office in Morristown, NJ.
LANSDALE, PA—A joint-venture partnership of Advance Realty and The Davis Companies has acquired 2750 Morris Road, a 675,000-square-foot high-tech assembly and warehouse facility located in Lansdale, Montgomery County, PA.
ELMWOOD PARK, NJ—The New Jersey division of Lee & Associates has cooked up a long term lease package —including $30 million in state tax credits over 10 years–for Wenner Bread Products, a 58-year old Long Island company, which is moving to a 301,626-square foot manufacturing facility at 571 Jersey Avenue in New Brunswick.
HACKENSACK, NJ—Long-time Court Plaza South tenant Pashman Stein P.C. has renewed and expanded its lease at the Alfred Sanzari Enterprises-owned and managed class A office complex. Pashman Stein has been in the complex for almost 12 years, and will relocate and expand its headquarters space to a little over 24,000 square feet.