ICON Real Estate Advisors brokers $15.45M sale of two Essex County NJ Multifamily Properties
Managing partners Oropeza & Jarvis represented both buyer and seller in each transaction EAST ORANGE, NJ — ICON Real Estate Advisors has arranged the sale of two New Jersey multifamily properties totaling $15.45 million: a 58-unit garden-style property at 223 Prospect St. in East Orange and a 58-unit elevator building at 469 Elizabeth Ave. in Newark. 223 Prospect St. - Courtesy of CoStar Group, Inc In the first transaction, a 58-unit garden-style multifamily property located

MAREJ
May 18


Leaf Blower Ban: Silence vs. cost in Lower Merion, PA
By The Brett Furman Group Lower Merion Township’s decision to phase out gas powered leaf blowers is quickly becoming one of the most talked about policy shifts on the Main Line, raising a larger and more controversial question: Will this improve property values or quietly make homeownership more expensive? The ordinance, approved in November 2025, begins taking effect in June 2026 and will fully eliminate gas powered leaf blowers by January 1, 2029. Township officials point t

MAREJ
May 18


Quiet Shift in Federal Cyber Rules Leaves Commercial Real Estate Firms Exposed
By Michael Mullin, IBSRE, Inc. (ProtectMyIT) A growing number of commercial real estate firms may be unknowingly out of compliance with evolving federal cybersecurity expectations—despite having what appear to be adequate protections in place. For years, property owners and operators have treated cybersecurity as a technical issue, relying on firewalls, antivirus software, and third-party vendors to safeguard sensitive data. But a quiet shift in federal oversight—led by the F

MAREJ
May 15


The Blau & Berg Co. secures ±125,806 s/f lease in Secaucus
Jason Crimmins & Kenneth Crimmins broker transaction Secaucus, NJ —The Blau & Berg Company announced the lease of 125,806 s/f by Arrowpac International Inc. at 925 Paterson Plank Rd. in Secaucus. The transaction underscores the continued success of a long-term partnership in one of North Jersey’s most sought-after industrial submarkets. The 246,228 s/f facility is a modern, single-story industrial facility ideally suited for distribution, logistics, and fulfillment operations

MAREJ
May 15


The Forces Reshaping Healthcare Capital Planning
By Florim Kukaj, AIA, E4H The healthcare market across the Tri-State region remains active, but the forces shaping capital planning have changed. Investment continues, though with a more disciplined mindset than in recent years. Health systems are still investing, but elevated interest rates, labor volatility, and persistent construction inflation continue to pressure project budgets. Those pressures are forcing intentional decisions earlier, placing greater importance on pha

MAREJ
May 15


Hackensack Meridian Health & Wellness Center opens in Hewitt
Shown from left: Lucy Pereira-Argenziano, M.D., SVP, Ambulatory, chief medical officer, Hackensack Meridian Health; Thomas Salazer, M.D., chief clinical officer, Northern Region, Hackensack Meridian Medical Group; Michael Geiger, SVP, Ambulatory Care and Network Development, Hackensack Meridian Health; Mark Sparta, FACHE, president, COO, Hackensack Meridian Health; West Milford Mayor Michele Dale;Councilwoman Marilyn Lichtenberg; George Guariglia, M.D., Family Medicine Physi

MAREJ
May 14


Kislak Sells 2Six Apartments in North Bergen, NJ for $6.8 Million
S.V.P. Davis Briones arranges exclusive sale in Hudson County North Bergen, NJ — The Kislak Company, Inc. announced the recent sale of 2Six Apartments, a new 18-unit luxury residential building at 1209 26th Street in North Bergen, Hudson County for $6,775,000. Kislak marketed the property exclusively with senior vice president Davis Briones handling the assignment and he also procured the purchaser, which utilized the purchase to complete an all-cash I.R.C Section 1031 Exchan

MAREJ
May 14


WCRE First Quarter 2026 Report: Transition continues as Cre markets rebalance
Leasing and capital markets adjust to evolving demand dynamics across the region Jason M. Wolf Marlton, NJ — Wolf Commercial Real Estate (WCRE) has released its Q1 2026 Regional Market Report, providing a comprehensive analysis of commercial real estate conditions across Southern New Jersey, Philadelphia, Northern New Jersey, and the New York Metro markets. As 2026 begins, commercial real estate markets across the region are defined by a continued rebalancing between supply a

MAREJ
May 14


Anchor Health Properties celebrates completion of Bayhealth Heart & Vascular Institute at Kent Campus
The project revitalizes an existing on-campus outpatient facility Dover, DE — In support of the company’s commitment to pursue better healthcare through real estate solutions, Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management, and investment company focused exclusively on medical outpatient buildings and specialty healthcare facilities, proudly marked the project completion of the dynamic Bayhealth Heart & Vascular Inst

MAREJ
May 13





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