New Jersey

Previously headquartered in Parsippany, the firm's relocation to 111 Littleton allows the company to streamline operations and increase efficiency for their team's ability to service existing and new customers, NAI James E. Hanson states.

New Jersey Department of Environmental Protection Commissioner Catherine R. McCabe and New Jersey Economic Development Authority CEO Tim Sullivan joined Paterson Mayor Andre Sayegh at the Great Falls Visitor Center to launch the Community Collaborative Initiative program in Paterson yesterday.

In its latest transactions as exclusive leasing agent for the Passaic County property, the Old Bridge, NJ-based brokerage firm reports it has completed leases with Ulta and The Paper Store at The Parke at Hamburg for a total of 16,000 square feet, with both expected to open in the third quarter of 2020.

The 236-unit apartment building extends 765 feet into the Hudson River, developed by Hartz Mountain Industries and The Maxal Group. The financing came in the form of a $100-million syndicated loan for the project from M&T Bank that was completed in July.

Hart has advised clients on more than $8 billion in debt financings and equity raises for multi-family apartments, residential communities, industrial facilities, urban entertainment centers, educational facilities, retail malls, hospitals, mixed-use projects and resorts and hotels.

The real estate and investment firm has opened the new facility at 100 East Pine St. The new office will be led by Laura Monaco, who has left JLL to take on the role of property manager with Denholtz Properties.

The newly constructed, single-story warehouse property sits on six acres and will house a large Goodwill Outlet store, accommodating the organization's e-commerce warehouse growth.

Bloomfield, NJ-based Prism Capital commenced demolition earlier this year at the former Lucas Chevrolet dealership site.