over 20 years of Engineering Excellence

12B — November 14 - 27, 2014 — New Jersey — M id A tlantic

Real Estate Journal


N ew J ersey

Mixed-use neighborhood begins construction NJHMFA joins Ingerman to break ground ondevelopment W OOD-RIDGE, NJ — Paul A. Sarlo, Mayor of the Bor-

Celebrating over 20 years of Engineering Excellence!


ough of Wood-Ridge, An- thony Marchetta , executive director of New Jersey’s Housing and Mortgage Fi- nance Agency (NJHMFA) joined representatives from Ingerman to break ground on the affordable apartment community at Wesmont Sta- tion. “Ingerman is deeply com- mitted to the concepts of sustainability and diversity,” said Brad Ingerman , presi- dent and CEO of Ingerman.

Subsurface Investigations • Construction Inspection and Testing Geotechnical Design & Analysis • Environmental Site Assessments and Remediation • Clean Fill Testing • Carbonate Site Assessments Stormwater Infiltration Testing • Laboratory Soils Testing www.earthengineering.com Corporate Headquarters: 610-277-0880 • Lehigh Valley: 610-967-4540 Central PA: 717-697-5701 • South Jersey: 856-768-1001

Affordable apartment community at Wesmont Station rendering

that offer a high quality-of-life to more families. This includes access to an array of ameni- ties, modern design and excel- lent public transportation.” Consistent with Ingerman’s commitment to responsible development practices, the new apartment buildings will be developed to meet Energy Star Homes and New Jersey Housing and NJHMFA green building standards for energy efficiency. The development is indica- tive of regional developers’ recent moves to transform underutilized industrial areas into vibrant, pedestrian-fo- cused, and socio-economically diverse neighborhoods. “The groundbreaking for the affordable housing com- munity is another step in a project that took one of the most blighted properties in NNJ, one that was valued at $19 million, and is turning it into hundreds of millions of dollars in ratables,” Mayor Sarlo said. n Advance Realty signs media company to 9,076 s/f NEWARK, NJ — Advance Realty announced that the Star-Ledger has signed a lease for 9,076 s/f of space at One Gateway Center, a downtown office tower owned by the com- mercial real estate firm. “As a dynamic media compa- ny, the Star-Ledger will ben- efit from One Gateway Cen- ter’s incomparable location, the flexibility and efficiency of the building’s floorplates, and an array of amenities in the building and the concourse,” said Barry Quiner, director of asset management, Advance Realty. Peter Gross , senior broker and co-head of commercial operations for Douglas Elli- man , represented the tenant in this transaction. n

“We pride ourselves on devel- oping smartly-designed af- fordable housing communities

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