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FLORHAM PARK, NJ-Kushner Properties, as the new entity is known, will be in charge of managing and leasing commercial holdings that have grown to 7.5 million sf in the last 18 months.
SUMMIT, NJ-German-owned Celanese, which through its predecessor companies has used the site since the mid 1940s, will consolidate its local operations to newer facilities in the Southeast and Midwest.
LIVINGSTON, NJ-The activity comes at the company's Eisenhower Plaza, a two-building, 160,000-sf office complex. The lease renewals total some 26,000 sf.
BEDMINSTER, NJ-As part of a restructuring, the moves include several executive promotions and the addition of a well-known real estate exec-Bob Martie-to the owner/developer's top ranks.
CARTERET, NJ-Exit 12 of the toll road, which serves this city and the nearby Linden and Elizabeth, has long been considered one of the most congested, and the Turnpike Authority hopes its project will ease the problem and spark new development.
ATLANTIC CITY, NJ-Built just six years ago at a cost of $7.5 million, the terminal building has been deemed more valuable as a retail building within an under-construction shopping complex.
BURLINGTON, NJ-The funding will provide loans and grants to both local municipalities and private organizations for brownfield projects. The NJ DEP and EDA will administer the program.
SOMERVILLE, NJ-The project, which will take an estimated four years to complete, will include a two-story emergency and medical surgery addition, new operating rooms and a five-story parking garage.