14B — November 10 - 23, 2017 — New Jersey — M id A tlantic
Real Estate Journal
www.marejournal.com
N ew J ersey
Features Cardio studio and Grab ‘N’ Go café PuniaCo. announcesupgraded Littleton medical/office center
As director of business development The Blau&Berg Co. hires Christian Benedetto
better to address remediation issues as soon as possible, it’s never too late to lessen flood damage from both a regulatory and liability standpoint. Q: What are the benefits to working with a firm like AESI? A: Our goal is to manage and resolve clients’ environmental concerns and aid in their recov- ery efforts in a timely, practi- cal, and cost-effective manner. When it comes to flood damage, we consider ourselves “immedi- ate responders” – always ready to go with testing requirements for situations that require renovation, demolition and fast-tracking permitting. n “Our aim is to provide our clients with the highest level of expertise and service offer- ings,” said Kevin Hansen , co-managing director of Hunter Group. “We believe this alliance with Sax will thrive on our similar service philosophy, joint expertise, and commitment to our clients’ lifelong business and personal financial goals.” n nity, his service to the United States, his deep financial back- ground and entrepreneurial spirit bring a unique perspec- tive to our business,” noted Jason Crimmins, president. “We look forward to working with Christian to continue to drive our clients’ success.” Beyond the world of real estate, Christian is also a pub- lished author of four acclaimed books of poetry; a US patent holder; and an avid supporter of the Veterans and PTSD. Af- ter serving in the United States Marine Corp Infantry during the First Gulf War, Christian founded the quarterly maga- zine PTSD Journal to help people like him suffering from post-traumatic stress disorder. He was nominated as a 2017 CNN Hero for his work. Christian received a Bach- elor’s degree in Financial Services from Monmouth University as well as gradu- ate degrees in both Finance and Computer Information Systems Management. n of their clients, people and firms. The newly expanded Sax will continue to uphold its core values of Respect, Integrity, Commitment and Excellence, while providing industry-spe- cific solutions and advice.
SHORT HILLS, NJ — The Blau & Berg Company hired Christian Benedetto , a vet-
ARSIPPANY, NJ — Punia Company, LLC announced the opening of the new patient, family- friendly, and employee and employee cardio studio located at Littleton Medical and Ex- ecutive Center, 300 Littleton Rd., Parsippany. Situated on the 3rd floor directly opposite the building elevator core, the Grab ‘N’ Go was one of several improve- ments management completed in the building. $500,000 went in to constructing a cardio stu- dio, including two treadmills, and universal weight machine. In addition, we renovated the two-story lobby and upgraded common area bathrooms and hallways. All common areas now have LED lighting. We added a tenant pylon sign at the corner of Littleton and Parsippany Rds. for instant property recognition. The proj- P Jersey City, NJ — Cer- velli Real Estate & Property Management announces the sale of 122 Virginia Ave., a vacant six family in the Green- ville Section of Jersey City. The property had sat vacant for several years before hitting the market. Normally a property like this would have garnered serious interest, so it was criti- cal to the buyer that they had recently been working with Cervelli and the team had a good understanding of exactly the product type the buyer was looking for. Parsippany, NJ — JLL has hired Timothy Greiner and Frank Recine as executive managing direc- tors, Blake Goodman as executive vice president and BrendanMcBride as senior vice president. The four real estate professionals join the firm’s Parsippany office, and will work closely with Daniel Loughlin , international di- rector and head of New Jersey office brokerage. “JLL’s real estate profes- sionals are widely recognized for their ability to negotiate intricate real estate transac- tions and deliver cost-effec- tive alternatives for clients,” said Loughlin. “These high-
eran real es- tate expert, as director of business de- velopment. Benedetto j o i n s T h e Blau & Berg t e am w i t h twenty years
Christian Benedetto
the necessary permitting (local, state and federal), and remove contaminated materials with an asbestos abatement in accor- dance with all necessary regu- lations. In these scenarios the environmental issues existed long before the flood, and flood damage is what brings these issues to the forefront. Q: Howessential is prompt action by a property owner following flood damage? A: Quite simply, it saves the property owner time and money, reduces liability, and lessens the potential impact on both human health and the environment. While it’s always Clifton, NJ — Account- ing, tax and advisory leader Sax LLP has announced their ad- dition of Hunter Group CPA LLC based in Fair Lawn. The combined firm will continue to lend its expertise to the tri-state area in many industries, includ- ing but not limited to real estate, construction, manufacturing & distribution, healthcare, auto- motive, family office, profession- al services and not-for-profit. Both Sax LLP and Hunter Group LLC celebrated their 60th anniversary in 2016 and have been driven by similar missions focused on the growth of commercial real estate ex- perience. His previous work includes consulting for many publicly-traded companies — from Prudential and Provident Bank to Connect One Bank, First Union, Lockheed Martin and the Government of China – on real estate projects across the globe. He specializes in urban projects that include retail, office and medical. Most recently Benedetto was the Broker of Record and Director of Real Estate Services for HSB Advisors. “Christian’s commitment to giving back to the commu-
Grab ‘N’ Go
ect was spearheaded by Punia Company’s leasing manager Ryan Tiger . “We were eager to create a medical environment at 300 Littleton Rd. where our ten- ants and staff are excited to go to work each day,” Tiger said. “Moreover, we understand one
of the challenges facing hospi- tals today is the difficulty in attracting new, young medical staff to a suburban office mar- ket. We are confident the com- pleted renovations, especially the cardio room and Grab N’ Go, will enhance employers’ ability to attract talent.” n
Cervelli RE & Property Management announces the sale of 122 Virginia Avenue
Sax Llp adds Hunter Group Llc to strengthen foothold
In this instance, our systems allowed us to be alerted to a property so early in the market- ing stages that the team was able to transmit the information to their client, submit a con- tract, and essentially remove the property from the market before anyone else had a shot. Headquartered in North Ber- gen, Cervelli Real Estate & Property Management was founded in 1983 and is recog- nized as one of the state’s most experienced specialists in com- mercial investment real estate and property management. n moted to executive managing director. Prior to joining JLL, Good- man, 35, served as senior managing director with a major New Jersey real estate brokerage firm. Prior to joining JLL, Mc- Bride, 46, served as a direc- tor with a major New Jersey real estate brokerage firm. He provided tenant repre- sentation and agency leasing services for corporate and institutional clients, with a focus on the acquisition and disposition of office proper- ties. Earlier, he was an as- sociate at another major New Jersey real estate brokerage firm. n
122 Virginia Ave.
JLL expands NewJersey real estate brokerage services
continued from page 2B Environmental concerns in the wake . . .
performing and reputable experts bring a balanced combination of tenant rep- resentation, agency leasing and cultural alignment that will expand our presence and influence in New Jersey.” Greiner, 45, was also named as agency lead and will over- see all agency leasing efforts for the firm in New Jersey. Prior to joining JLL, he served as executive managing direc- tor with a major New Jersey real estate brokerage firm. Prior to joining JLL, Re- cine, 41, served with a major New Jersey real estate bro- kerage firm, where he became the youngest principal in the company. He was later pro-
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