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JERSEY CITY, NJ—In a significant move for development projects in the western part of Jersey City, the city's Planning Board has approved the 21-story McGinley Square project on Bergen Avenue in the Journal Square submarket. The project is being jointly developed by St. Peter's University and a private developer.
RUTHERFORD, NJ—The Kislak Company Inc. helped a client use a novel 98-year ground lease to take control of the Union Bridge Apartments, the largest multifamily property in Rutherford, with 115 units located at 152 Grand Avenue and 153 Darwin Avenue.
SOMERSET, NJ–NAI DiLeo-Bram & Co. has negotiated the acquisition of 150 Pierce Street, Somerset, NJ, on behalf of TL Management.
RAMSEY, NJ—Jersey Mike's, a leader in the QSR sandwich category with more than 1,300 locations open and under development across the country, has leased two locations in Bergen County, NJ. Winick Realty Group NJ's Gary Krauss was exclusive broker in both transactions as Jersey Mike's continues its aggressive expansion within its home state.
TEANECK, NJ— Cushman & Wakefield, exclusive leasing agents for Glenpointe at Teaneck, the Alfred Sanzari Enterprises property, have signed Ramapo Trust of the Brookdale Foundation Group and Creative Circle to office leases totaling 7,500 square feet.
LONG BRANCH, NJ—The Long Branch Planning Board has approved the first phase of development of The Whitechapel Projects, the strategic conversion of a now vacant 14,500-square-foot, pre-World War I warehouse at 15 to 17 Second Avenue, into a sustainable and inclusive destination offering food and drink, live music, art and entertainment.
PHILADELPHIA, PA—Harrison Street Real Estate Capital, a real estate private equity firm focused exclusively on investments in the Education, Healthcare, and Storage sectors, is acquiring an 11 property senior housing portfolio that includes properties in Philadelphia. Other properties in the portfolio are in the Baltimore, Boston, Staunton, VA and Newport, RI areas.
MAHWAH, NJ—Reflecting increased demand for industrial space in the automotive sales market, NAI James E. Hanson has leased 36,021 square feet at 211 Island Road, Mahwah, NJ, to Ramsey Auto Group.
PATERSON, NJ—CBRE New Jersey and CBRE Cares, the company's corporate giving and volunteerism organization, have partnered with the New Destiny Family Success Center, a provider of community services in Paterson, NJ, to assist with NDFSC's annual “Back to School Supply Drive.”
KING OF PRUSSIA, PA—New York-based Candlebrook Properties, which owns apartment properties throughout New York and New Jersey, is expanding into the Philadelphia market with the opening in King of Prussia of 251 DEKALB, a luxury high rise of 641 apartments that will feature high-end finishes and amenities.
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