Real Estate Journal — The Year in Review 2017 — December 22, 2017 - January 11, 2018 — 13C
www.marejournal.com
M id A tlantic
MAY 26 – JUNE 8, 2017 Keystone Property Group sells Devon Square Office Complex for $33.5 million The Azarian Group acquires Livingston Town Center from Onyx Equities affiliate for $21.25M Century Office Park turnaround gaining momentum Capital Commercial Real Estate Group’s Yangello an- nounced the sale of two office buildings NRDC signs first anchor tenants at The Shoppes at Middletown Advance Realty & Invesco Real Estate receive approval to develop Paramus Crossroads, NJ’s newest retail destination The Grossman Cos. partners with Summit Development REMCO sells restaurant for $1,000,000 to Grillestone Bar & Restaurant Edison Properties kicks off redevelopment of Ironside Newark in revitalized downtown Newark Fisher Development to launch new 45-Story rental building in Downtown Jersey City, NJ Stalco & AECOM celebrate completion of $15M expansion CRC launches $12 million property enhancement program Elizabeth multi-family portfolio garners $10.51 million in sale arranged by Gebroe-Hammer VP Davidovic of The Kislak Co. leads sales and leasing of 178 units and four retail spaces Wernick of Redwood Realty Advisors represents both par- ties in sale totaling $3.5 million
Year in Review 2017
Brandon Famous CBRE (PA)
Ronald Shapiro Rutgers Business School
Cheryl Hardt CBRE (NJ)
JeffreyWolfer Silver Arch Capital
Brendan Berger The Berger Organization
Deb Heffner Greater Reading Economic Partnership
Emanuel Stern Tall Pines Capital
John Zoetjes American Architectural Window & Door
John Augustine III Penn’s Northeast
2017 NOTABLE TRANSACTIONS
LEASED
SOLD
INDUSTRIAL 2501 71st Street, N. Bergen, NJ 165,090 SF OFFICE 39 Hudson Street, Hackensack, NJ 21,090 SF RETAIL 55 Midtown Bridge, Hackensack, NJ 15,000 SF
INDUSTRIAL 700 Bartley Chester Rd., Flanders, NJ 157,822 SF LAND Block 1309, Lot 1, New Milford, NJ 13.6 AC OFFICE 5121 Pkwy Plaza, Charlotte, NC 23,555 SF
Terri Johnson CapstanTax Strategies
RETAIL 247 Route 46, Mine Hill, NJ 20,000 SF
Sold - 5 Walgreens Retail Investment
NC, MI, IN
Sidney Gable Sidney E. Gable Assoc.
Hackensack • 201 488 5800 Parsippany • 973 463 1011 naihanson.com
Ward McMasters EarthEngineering, Inc.
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