New Jersey Commercial Real Estate News

These stories are supplied by the CoStar Group. The articles contain a cross-section of northern New Jersey happenings in the world of commercial real estate. These articles are updated regularly.

Northern New Jersey Commercial Real Estate News From CoStar Group
CoStar's People of Note (March 7-13)	3/11/2010 8:39 PM
This week's People of Note includes the following markets: Los Angeles, New York City, Northern New Jersey and Orange County LOS ANGELES Studley Names Wilder as Senior Managing Director The West Los Angeles office of Studley promoted Stacy A. Wilder...
Atlantic Yards Set For Ground-Breaking This Week	3/10/2010 5:23 AM
Forest City Ratner said it will hold a formal groundbreaking on March 11 on the $4.9 billion Atlantic Yards mixed-use project after a Brooklyn Supreme Court judge ruled that the Empire State Development Corp. can seize private property in the footprint...
Communication Resources Renews & Expands	3/10/2010 1:32 AM
Communication Resources Inc. has committed to 13,329 square feet at 1433 Route 34, Building B in Wall Township, NJ. The tenant renewed the 5,762 square foot space it currently occupies and also signed for an additional 7,567 square feet. The facility...
Executive Promotions for Four at First Service Williams	3/10/2010 12:29 AM
First Service Williams promoted four sales professionals to executive positions as a part of its transition into Colliers International. Bryn Cinque was named executive managing director. He has been in the industry for 15 years, and specializes in...
SAIC Renews in One River Centre Office Park	3/9/2010 2:51 AM
Science Applications International Corp. (SAIC) signed a three-year renewal for 22,781 square feet at One River Centre, Building II in Red Bank, NJ. Located at 331 Newman Springs Road, the four-story, 214,518-square-foot office building was built...
CBRE Names CFO; Turns Over Reins of Private Client Group	3/4/2010 11:17 PM
Gil Borok was promoted to chief financial officer of CB Richard Ellis Group Inc. He takes over from Bob Sulentic who will continue as CBRE’s president running day-to-day operations and principal business activities worldwide. Both will report to CEO Brett...
FirstService Williams Continues Tri-State Expansion	3/3/2010 2:34 AM
FirstService Williams is continuing to grow in New Jersey, adding a new office in Princeton. The firm is in the process of converting to the Colliers International brand and the Princeton location is a part of FirstService Williams' overall strategy of...
Cassidy Turley Adds Vast Experience	3/3/2010 1:58 AM
Cassidy Turley has named Peter Ruggiero and Lisa Birrittieri as managing director and vice president of U.S. Capital Markets, respectively. They join the newly formed Cassidy Turley after experiencing success as part of Colliers Investment Services Group...
Capacity Signs Two Industrial Deals in New Brunswick	3/2/2010 11:20 PM
Capacity has signed two long-term leases in the Sudler Corporate Park in North Brunswick, NJ, a total of 255,000 square feet. The company, which provides warehousing and order fulfillment services, is renewing its headquarters lease and expanding into...
Progress Realty Advisors Closes 2 Loans in Jersey	3/2/2010 9:43 PM
Progress Realty Advisors, which provides financing for commercial real estate owners and developers, recently arranged two loans in Northern New Jersey. Kathy Anderson with Progress Realty Advisors recently arranged a $6.25 million loan for Denholtz...