The Most Comprehensive Source for Commercial Real Estate News in the Region 

MANAHAWKIN, NJ — Walters, an award-winning developer based in Barnegat, has completed construction on the last of five buildings at Cornerstone at Grassy Hollow. Located on 200 Back Rd., the premium income-restricted apartment community was designed to attain LEED and ENERGY STAR certifications. Read More #LEED #APT #ENERGYSTAR

JERSEY CITY, NJ — Fisher Development Associates announced today that Vantage, its new luxury rental high-rise in downtown Jersey City has received LEED certification from the U.S. Green Building Council (USGBC). Located at 33 Park View Avenue, the 45-story waterfront building achieved LEED certification for implementing practical and measurable strategies and solutions aimed at achieving high performance in: sustainable site development, water savings, energy efficiency, an

BALTIMORE, MD — St. John Properties, Inc. has earned its 40th certification from the United States Green Building Council (USGBC) for satisfying Leadership in Energy and Environment Design (LEED) requirements in the development and construction of commercial office buildings situated throughout five separate counties in the Baltimore-Washington Metropolitan region. The Baltimore-based real estate development company has developed nearly 2.1 million square feet of Gold or Silv

University City’s ongoing commercial real estate success is the result of companies realizing that real estate decisions should be based on factors that yield better and more engaged employees; that location, environment and connectivity matter when companies are seeking innovation and change; and that physical spaces affect productivity and creativity. At the recent University City District’s State of University City presentation, CEO Matt Bergheiser reported that the distr

Philadelphia, PA — Liberty Property Trust joined WuXi AppTec, Inc. for a ribbon cutting ceremony to open their third facility at the Navy Yard. This new 150,000 s/f facility which, when fully operational, has the potential to accommodate an additional 200 high tech manufacturing and support jobs. The completion of this cell and gene therapy manufacturing building adds to the rapidly growing life sciences community at the Navy Yard which with a total of 750,000 s/f, is now hom

LIVINGSTON, NJ — Verizon Communications has renewed and expanded its office lease for a total occupancy of 200,000 s/f at Eisenhower Corporate Campus (ECC) in Livingston. The 385,000 s/f class A office complex, located at 290 W. Mount Pleasant Ave., is owned and managed by Eastman Companies along with joint venture partner Long Wharf Real Estate Partners of Boston, MA. Eastman Companies was represented in the transaction by the brokerage team of Jeff Garibaldi, Michael Witko

Allentown, PA — Alvin H. Butz, Inc., as part of The Butz Family of companies, received the 2016 Construction Management Association of America (CMAA) Mid-Atlantic Chapter Project of the Year Award for its work in Private Sector Projects over $20 million. Butz was awarded the honor for the construction management of Geisinger Health System’s, Geisinger Medical Center – New Medical Laboratories in Danville, PA. The project was completed in April 2015 and is pending a LEED-certi

WASHINGTON, DC — JLL celebrated the dedication and ribbon-cutting ceremony for the Trinity Washington University’s Payden Academic Center. JLL served as the project manager for the $38 million, 80,000 s/f, LEED certified building that features state-of-the-art nursing and science labs, classrooms and gathering spaces where rising generations of Trinity students will flourish. The project was delivered on time and under budget. The Payden Academic Center is named in honor of t

HADDON TWP/HADDONFIELD, NJ — Walters Group, a residential and commercial developer, has been awarded LEED Gold certification established by the U.S. Green Building Council for Albertson Village Apartments in Haddon Twp. and LEED Silver for its 8,000 s/f office building at 21 Euclid Ave. in Haddonfield. Both of these residential and office buildings in Camden County are visible examples of Walters Group’s long-term commitment to building green and being environmentally respons

WEST WINDSOR, NJ — Woodmont Properties, a commercial and residential developer, announced that a global pharmaceutical company has a signed a 36,600 s/f lease at 400 Alexander Park, an office building in West Windsor Twp., which was recently renovated to attain LEED certification. 400 Alexander Park will serve as U.S. headquarters for this global company.The tenant, which will occupy the third and fourth floors of the building, was represented by Scott Crumley of Tactix Real

Global Real Estate Sustainability Benchmark – or “GRESB” as it is commonly known – is emerging as the leading way for the commercial real estate industry to report sustainability performance on a portfolio basis. It is an annual survey of environmental, social, and governance (“ESG”) data that is evaluated on year-over-year performance and then ranked against the organization’s peers. GRESB is different than standards like LEED and Energy Star that look at the environmental d

Washington, DC — A new joint venture between Chicago-based Origami Capital Partners and an affiliate of Westport, CT-based Greenfield Partners has launched development of an 85-acre site on Metrorail’s Silver Line less than one mile from Washington Dulles International Airport. The Hub, formerly known as Dulles World Center (DWC), is slated for a billion-dollar buildout to become an iconic, 24-hour mixed-use gateway combining retail, entertainment, multi-family residential, o

Now a days corporations are interested in putting their best foot forward by taking steps to prove they are environmentally conscious, and thus reducing the amount of greenhouse gases emitted into the atmosphere. By doing so, they not only help improve the environment, but they also attract more employees. One of the items that help retain good employees after pay and benefits is working for an environmentally conscientious company. However, with so much information about cre

PITTSBURGH, PA — Oxford Development Company and its partners announce that the 117-unit Hot Metal Flats apartment complex in the South Side Works development in the City of Pittsburgh has received LEED Gold certification. “Our philosophy with multifamily projects is to create sustainable communities with their own individual identities,” said Steve Guy, president and CEO, Oxford Development Company. “With a great project team we were able to exceed our certification expecta

Hoboken, NJ — In an effort to champion responsible transportation and support smart urban growth, Bijou Properties has partnered with TransitScreen in Hoboken to provide real-time, location-based transportation availability to residents 24 hours a day. Updates from NJ Transit bus & rail, PATH, and NY Waterway ferry are showcased on two large HD TVs in the lobby of Bijou’s Park + Garden, a luxury apartment building designed for LEED Gold certification. Bijou’s TransitScreen di

Looking for a low-risk capital investment opportunity? Look no further than the potential within your commercial property. Replacing or upgrading outdated, energy-consuming equipment can deliver proven returns — especially when available incentives are factored in. For businesses in New Jersey, those incentives are provided through New Jersey’s Clean Energy Program. A study by the Rockefeller Foundation and Deutsche Bank Group estimates that more than $72 billion of profitabl

HADDON TWP., NJ — The first of four buildings at Albertson Village, a multi-family rental project being developed by Walters Group, is slated for completion in September 2015. The luxury apartment community is currently under construction on West Albertson Ave. in the Westmont section of Haddon Twp. The first 19-unit building is part of an 82-unit apartment community, which is rising on a former industrial site in Camden County. Redevelopment efforts got underway in the fall

WAYNE, PA — CBRE, Inc. has brokered a lease between QVC, the world’s leading video and e-commerce retailer, and Sares-Regis Group to occupy a 1.05 million s/f distribution center in Ontario, California. Sares-Regis is currently developing seven premium LEED-certified distribution buildings on a recently acquired 150–acre site. QVC will occupy the largest of seven buildings on the campus, which will represent their first West Coast distribution hub. State and local officials i

Washington, DC — Global architecture and design firm Perkins+Will announced that its Washington, DC office has received the 2015 Notable Green Building Project Award of Excellence from the U.S. Green Building Council National Capital Region (USGBC-NCR) for its work on the National Institutes of Health’s (NIH) John Edward Porter Neuroscience Research Center. The award recognizes an exemplary green building outside of the Leadership in Energy and Environmental Design (LEED) sy

BALA CYNWYD, PA — Manko, Gold, Katcher & Fox, LLP (MGKF), the environmental, energy and land use law and litigation firm, utilized sustainable design and construction when relocating its headquarters office from the fifth floor to the ninth floor of 401 City Ave. in Bala Cynwyd, Pa in early 2014. MGKF was interested in the long-term cost savings that could be Using ENERGY STAR Portfolio Manager to track directly metered energy consumption and cost, MGKF determined that the ne