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

MARYLAND — Becker Morgan Group announced two of their engineers passed the Professional Engineer Examination to become Licensed Engineers. To obtain licensure, an individual must fulfill education and experience requirements, and pass the Fundamentals of Engineering Exam and the Principles and Practice of Engineering Exam, set forth by the National Council of Examiners for Engineering and Surveying. Jonathan Richard, PE, civil engineer, is a graduate of the University of De

JERSEY CITY, NJ —The One, Jersey City’s newest residential tower from the joint-venture partnership of BLDG Management Co., Inc., fund(s) managed by Ares Management, LP, and Urban Development Partners, is more than 55% leased after its grand opening less than two months ago. Located at 110 First St., the 36-story tower offers a mix of 439 studio, one- and two-bedroom apartments. "As demonstrated through this quickly-achieved leasing milestone, The One has been exceptionally w

YORK, PA — RGS Associates, Inc. announced that Todd Kurl, RLA has been promoted to project manager. Kurl is responsible for the technical design and implementation of RGS projects. He joined RGS in 2010 and was previously a senior project landscape architect. He is a graduate of West Virginia University and holds a Bachelor of Science in Landscape Architecture with a minor in Communications. Kurl along with his wife and two children reside in York. RGS Associates is an award-

Brownstown, PA — Benchmark Construction Company of Brownstown, has hired Bob Quick as a project manager. Quick will oversee the daily operations of select projects. His duties include coordinating field and administrative activities as well as ensuring that all parties involved in the construction process are working to serve the clients’ best interests. Quick attended ECPI College of Technology and earned an Associated degree in Biomedical Electronics Technology. He was pre

PITTSBURGH, PA — Jessica L. Seeley recently joined law firm Babst Calland as a staff attorney in the firm’s Mineral Title Services and Energy & Natural Resources groups. Seeley’s practice focuses primarily on counseling clients on various oil, gas and mineral-related title examination, title curative, title opinions, transaction matters and due diligence. She is a 2013 graduate of the Duquesne University School of Law. n #PITTSBURGHPA #JessicaLSeeley #BabstCalland #MineralTit

Boyertown, PA — Glenn Ebersole, strategic vice president, business development/marketing at Hollenbach Construction, Inc., has been named to the Tri County Area Chamber of Commerce Board of Directors. Ebersole is the co-chair of the Pro Business Council of the Tri County Area Chamber, a board member of SEPAC and the recent recipient of the 2015 Volunteer of the Year Award from the Tri County Area Chamber. The Tri County Area Chamber of Commerce is a regional business advoc

Chicago,IL — The Institute of Real Estate Management (IREM) announces the first-ever finalists for its REME Awards Program – recognizing Real Estate Management Excellence. This accomplished, impressive group showcases the depth and breadth of those innovating to improve the places we live, work and shop today. “IREM is proud to recognize the 2015 REME Award finalists for their outstanding achievements in real estate management,” said Lori Burger, CPM, IREM president, Eugene

HOBOKEN, NJ — Park + Garden, Bijou Properties’ latest sustainable residential development in Hoboken, has officially grand opened with more than 30% of its 212 upscale rental residences already reserved during a robust preview leasing period. Located at 1450 Garden St. on the north end of this mile-square Hudson County city, the 12-story Park + Garden building features a collection of well-appointed one-, two- and three-bedroom residences complemented by first-class recreatio

Fort Washington, PA — Colliers International has leased one of the last large blocks of contiguous class A space in the Fort Washington submarket to a single user. The 75,000 s/f class A trophy office building at 335 Commerce Dr. will become the new corporate headquarters for TruMark Financial Credit Union. “This will have a major impact on the Fort Washington office market. This transaction represents nearly 10% of Fort Washington’s class A inventory,” said John Susanin, s

RIDGEFIELD PARK, NJ — Franklin Templeton Investments, a global investment management organization, has signed a 10-year lease for 13,000 s/f of new office space at KABR and Kushner Companies’ 55 Challenger Rd. in Ridgefield Park. This new office is located in Overpeck Corporate Centre. The 13,000 s/f office offers myriad amenities, including a new lobby, cafeteria and gym for employees to enjoy. Serviced by all major communication providers, the office space is just minutes

RIDGEWOOD, NJ — The Poskanzer Skott Architects-designed lobby at 50 Harrison St. in Hoboken, NJ, illustrates the potential to rebrand older buildings with light, bright environments that appeal to a new generation of office space users. The lobby serves as a critical marketing tool in today's highly competitive office market. And when it comes to older buildings – even those dating back three (or more) decades – revitalizing entries with contemporary materials, updated colors

The real estate market entered 2015 on solid footing with many markets at or above pre-recession levels. Along with these prices come many owners interested in selling their properties and searching for a viable replacement property as they plan to utilize the section 1031 exchange to defer their capital gains taxes. Many investors are tired of the tenants, toilets and trash that come with owning and managing apartments and commercial properties and they are looking for a 103

NEW YORK CITY, NY— Meridian Capital Group LLC (Meridian) has arranged a $135 million mortgage for the refinancing of the Holiday Inn Manhattan-Financial District. The Holiday Inn Manhattan-Financial District is a 50-story, limited-service hotel totaling 492 rooms. The hotel is located at 99-103 Washington St. The developers recently completed construction of the property. Meridian arranged the mortgage on behalf of developers Sam Chang and Jubao Xie. The two-year loan, provid