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OLD BRIDGE, NJ—An improved picture in both 'big-box' and smaller store spaces combined to push the retail vacancy rate along central New Jersey's major shopping corridors to a six-year low of 7.6% from 9.8% in 2013, according to the latest study by R.J. Brunelli & Co., LLC. The 2014 figure compared with a high of 10.5% in 2011 and low of 3.4% in 2006.
OAKLAND, NJ—The Dance Theatre of New Jersey has leased a new 5,000-square-foot space at 112 Bauer Drive in Oakland, NJ. The dance company is expecting to open December 1. It will be moving from its existing 2,500-square-foot space at 6-12 Franklin Ave. in Oakland.
BALA CYNWYD, PA—Keystone Property Group named Richard S. Gottlieb, its senior vice president of Operations and Development, a partner at the firm.
BAYONNE, NJ—Case Real Estate Capital, a Rochelle Park, NJ-based commercial real estate investment company, has finalized the purchase of a $2.99 million note and final judgment of foreclosure secured by five multi-family/mixed-use assets in Hudson County, NJ. The portfolio includes 30 apartments in four residential-over-retail assets in Bayonne and one multi-family property in Jersey City.
PHILADELPHIA, PA— Mitchell M. Roschelle, national business leader, Real Estate Business Advisory Services for PriceWaterHouseCoopers, will present PWC's Emerging Trends in Real Estate at The Urban Land Institute Philadelphia's 15th annual Emerging Trends Conference on November 21. The program takes place at 7:30 a.m. at the Union League of Philadelphia.
RED BANK, NJ—West Side Lofts, a luxury rental apartment development in the borough's Arts and Antiques District, is now leasing units to the public. An advance leasing for VIP registrants that started three weeks ago has already rented 25 percent of the units, according to owners Woodmont Properties and its partner Metrovation.
TRENTON, NJ–New Jersey Senate President Steve Sweeney on Monday announced a 15-year package of tax and funding proposals he said would bring financial stability to Atlantic City and position the city for future economic opportunities.
PHILADELPHIA, PA—Arthur P. Pasquarella, CRE, executive vice president, COO, Equus Capital Partners, Ltd., received the 2014 Committee Service Award from The Counselors of Real Estate.
KENILWORTH, NJ—Bussel Realty Corp. arranged the sale of 25 Sidney Circle in Kenilworth, NJ, an industrial facility of approximately 17,200 square feet.
ENGLEWOOD CLIFFS, NJ—Michael Arman has joined Procida Funding, manager of the 100 Mile Fund specializing in the $3 - $30 million market, as chief financial officer.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource