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Friday, 03 February 2012 09:41 |
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HACKENSACK, NJ-The real estate services network's acquisition by C-III will raise an already high bar, says NAI James E. Hanson president William Hanson. Read more: |
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Thursday, 02 February 2012 15:01 |
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NEWARK-The first new hotel to be built in the city in more than 40 years "is a sign of prosperity not just in one area of Newark, but of the city," said Mayor Cory Booker at groundbreaking on Thursday. Read more: |
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Wednesday, 01 February 2012 21:13 |
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A two-week period of exclusive negotiations between Grubb & Ellis Co. and New York-based financial brokerage BGC Partners expired Tuesday without an agreement, according to a document filed with the U.S. Securities and Exchange Commission.
Under the agreement, Grubb & Ellis provided an exclusive right to negotiate for BGC Partners, headed by chief executive Howard Ludnick, to pursue a debt or equity financing agreement or acquisition of Santa Ana... Read more: |
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Wednesday, 01 February 2012 04:41 |
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Masillon Realty LLC acquired the retail building located at 461-469 West St. in Fort Lee, New Jersey from Sussco, Inc. for $7,175,000, more than $956 per square foot.
The 7,500-square-foot building was constructed in 1996 and currently houses Staples, a national credit retailer.
Marcus & Millichap represented both sides of the sale. Jonathan Gerszberg represented the seller and Gabriel Britti represented the buyer.
Please see CoStar... Read more: |
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Tuesday, 31 January 2012 21:03 |
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In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail.
Trammell Crow, Principal Launch $1B Development Program
Principal... Read more: |
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Thursday, 02 February 2012 22:47 |
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This week's People of Note includes the following markets: Chicago, Dallas/Fort Worth, Los Angeles, Milwaukee/Madison, New York City, Philadelphia, Pittsburgh, South Florida, Washington, DC.
LOS ANGELES
Cockrum Joins Lowe Enterprises Investors as SVP
By Laurie Forbes
Lowe Enterprises Investors hired William M. Cockrum IV as senior vice president to head the company’s marketing and capital raising efforts. He will be based in th Read more: |
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Thursday, 02 February 2012 10:22 |
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PARSIPPANY, NJ-The private investor refinanced with existing lender Freddie Mac to lock in low rates and avoid prepayment penalties. Read more: |
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Wednesday, 01 February 2012 16:06 |
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EAST RUTHERFORD, NJ-While still lagging the national average, employment will rise, boosting both the office and industrial markets, according to Cushman & Wakefield executives during a company webinar on Wednesday. Read more: |
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Wednesday, 01 February 2012 03:42 |
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Hartz Mountain Industries, Inc., a New Jersey-based development company, purchased a 1.74-acre parcel of land in Jersey City, NJ from Bank of America Corporation for $35 million, or about $20 million per acre.
The property, located at 99 Hudson Street, is currently part of the Colgate Redevelopment plan, with zoning that allows for up to 900,000 square feet of office space according to the buyer. The parcel of land was initially attained by Merrill... Read more: |
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Tuesday, 31 January 2012 15:26 |
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ATLANTIC CITY-The Barclay Arms deal caps a 12-month period that saw the firm's multifamily portfolio nearly double. Read more: |
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