Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
New Jersey American Water Board Member Anne Estabrook Inducted into NJ Business Hall of Fame
Anne Evans Estabrook, CEO of Elberon Development Co. and a director on the board of New Jersey American Water, has been inducted into the New Jersey Business Hall of Fame (NJBOF). Estabrook received the honor, along with three other inductees, at a celebration on April 30 at The Mezzanine in Newark.
McManimon & Scotland, L.L.C. Assists in Closing $46,800,000 Construction Loan for Elberon Development Co., L.L.C. Using Recovery Zone Facility Bonds.
On December 30, 2010, McManimon & Scotland, L.L.C. closed a $46,800,000 financing transaction for Elberon Development Co., L.L.C. which included the issuance of $44,499,000 in Recovery Zone Facility Bonds. The project includes the demolition and construction of a 524,000 sq. ft state-of-the-art warehouse for Wakefern Food Corp. in Elizabeth.
MAYOR BOLLWAGE AND PARTNERS CUT RIBBON ON NEW FEDEX BUILDING
Mayor J. Christian Bollwage joined David Gibbons representing Elberon Development Company LLC, Jay Cornforth from Prologis, Inc., and Jim Major from FedEx to cut the ribbon on the new 152,230 square foot home to FedEx.
NAIOP New Jersey Announces Deal of the Year Finalists
The New Jersey Chapter of NAIOP, the commercial real estate development association, has announced the finalists for its highly coveted Deal of the Year Awards.
Wakefern Food Corp. Chairman and CEO Joseph Colalillo, New Jersey Lieutenant Governor Kim Guadagno, Elizabeth Mayor J. Christian Bollwage, Union County Freeholder Daniel Sullivan and Elberon Development Co. LLC’s Executives broke ground on Elberon’s new warehouse and distribution center for Wakefern Food Corp. on Wednesday at 600 York St., Elizabeth, New Jersey.
HFF Closes $5 Million Sale of Industrial Redevelopment Site in Elizabeth, New Jersey
FLORHAM PARK, NJ – January 6, 2014 – HFF announced today that it has closed the $5 million sale of 900 Fairmount Avenue, a 7.7-acre industrial redevelopment site in Elizabeth, New Jersey.
Anne Evans Estabrook to Receive United Way of Greater Union County’s 2nd Humanitarian Award in Its 45-Year History
United Way of Greater Union County (UWGUC) is proud to announce that Anne Evans Estabrook, Owner, Chairman & Chief Executive of Elberon Development Group in Cranford, NJ, will be receiving the Humanitarian Award at this year’s Annual Celebration Event on May 8, 2014 at Kean University’s STEM Building.
Wakefern Food Corp. Unveils New Elizabeth Warehouse
Keasbey, NJ (PRWEB) April 18, 2014 Making a triumphant return to its roots, Wakefern Food Corp. celebrated the opening of its new Elizabeth warehouse with a historic ribbon-cutting ceremony Thursday afternoon.
Anne Estabrook Listed in the Top 50 Most Influential People in New Jersey Real Estate!
The company has a lot going on in Union County, yet they don’t necessarily draw attention. Maybe because they’ve been so busy. In April, it cut the ribbon on a 524,000-square-foot warehouse for Wakefern. “They’re off the radar,” one insider said. “But it’s one thing to own real estate and be sitting there for 50 years and doing nothing, just collecting rent, than it is to be putting a shovel in the ground.”
Elberon Development ribbon cutting ceremony for new JA Finance Park Education Kiosk
Long standing Elizabeth, corporate community leader, Elberon Development Group, contributed a $50,000 donation to Junior Achievement of New Jersey (JANJ) to underwrite students’ participation in their JA Finance Park program.
Wakefern Grocery Warehouse of Elizabeth wins NJBIA New Good Neighbor Award
The new Wakefern Grocery Warehouse of Elizabeth was recently honored with a 2015 New Good Neighbor Award from the New Jersey Business & Industry Association (NJBIA) and New Jersey Business magazine. NJBIA President and CEO Michele Siekerka and NJBIA Board Chairman Matt Wright presented the…
Elberon Development: Third generation carries on family redevelopment tradition in New Jersey
For the last 95 years, New Jersey-based Elberon Development has been a trusted partner for redevelopment and new construction in the industrial real estate market…
Elberon-Avidan JV Breaks Ground On 90K SF Warehouse/Distribution Facility In Elizabeth
ELIZABETH, NJ—Elberon Development Group and its joint venture partner The Avidan Group, have started on their latest project, a 90,000-square-foot warehouse/distribution facility located…
Joint venture opens new 140,000 sq. ft. freezer warehouse in Elizabeth
Developers have opened the doors to a new 140,000-square-foot new freezer warehouse in Elizabeth that will serve French food distributor Seafrigo.…
Elberon acquires 115,000 sq. ft. Elizabeth warehouse for $9 million
Elberon Development Group has expanded its footprint in Elizabeth, completing the $9 million acquisition of a soon-to-upgraded, 115,000-square-foot warehouse in the city…
Dave Gibbons named to NJBIZ Real Estate Power 50 List
Industry leaders agree that 2017 is a year for the books. New investments and huge, complex deals are making a significant impact on communities throughout the state…
Developer returns to Elizabeth, with a focuson the booming port region.
It amounts to only a small slice of history for a 100-year-old company, but there’s no disputing that the last two years have been especially significant for Elberon Development Group…
Elberon: New deals bring Elizabeth building to 100 percent leased
Elberon Development Group has signed two new leases at a 115,000-square-foot warehouse in Elizabeth, including a deal with a foot care business that is relocating from Brooklyn.
Parting thoughts: Outgoing NAIOP New Jersey president reflects on chapter’s growth — and continued priorities
It may not have the buzz of transportation funding or liquor license reform, but there’s no doubting the importance of the so-called performance bond law that took effect in mid-January.
Elberon acquires 65,000 sq. ft. Hillside warehouse, plans other deals in 2019
Elberon Development Group has acquired a 65,000-square-foot warehouse and distribution center in Hillside, the first of what could be several upcoming additions to its portfolio.
HFF: Avidan, Elberon add 135,000 sq. ft. warehouse in Jersey City
A joint venture has acquired a vacant, 134,500-square-foot warehouse just off the New Jersey Turnpike extension in Jersey City, in a newly announced transaction by HFF.
Elberon inks new Elizabeth industrial deals totaling 140,000 sq. ft.
A building materials company has extended its 50,000-square-foot lease in Elizabeth, in the largest of five newly completed transactions by Elberon Development Group.
Elberon inks $20 million refi for Elizabeth cold storage building, JLL says
The owner of a 175,000-square-foot cold storage building in Elizabeth has landed $20 million in long-term financing, in a newly announced transaction by JLL.
Elberon: Cabinet wholesaler leaving Brooklyn, inks 75,000 sq. ft. lease in Elizabeth
A kitchen cabinet wholesaler is moving from Brooklyn to Elizabeth, where it has signed a full-building, 75,000-square-foot lease with Elberon Development Group.
Fidelco, Elberon announce start of FreezPak facility on Newark-Elizabeth border
Construction is underway on a new 140,000-square-foot freezer warehouse facility that will bring new life to an abandoned industrial site on the border of Elizabeth and Newark.
Dave Gibbons named to ROI-NJ’s list of Real Estate Influencers 2020
Third-generation family firm in Elizabeth has an edge in next-generation storage, as it is one of the few developers with experience and expertise in the much-needed and much-desired cold storage sector.
Elberon, Fidelco land $34 million loan for Elizabeth cold storage project, JLL says
A development team has secured a $34 million construction loan for a new 140,000-square-foot cold storage building on the border of Elizabeth and Newark, in a deal arranged by JLL.
Elberon, Avidan sign lease with Carvana at recently acquired Baltimore site
Elberon Development Group and The Avidan Group have secured a tenant at a 4.5-acre property in Baltimore, having recently acquired the site as their first outside New Jersey.
Elberon’s Gibbons honored with Elizabeth Development Co. Lifetime Achievement Award
Elberon Development Group CEO Dave Gibbons has received the Lifetime Achievement Award from the Elizabeth Development Co., the public nonprofit organization that has helped guide economic growth in the city for more than 45 years.
Developers nearing completion of 300,000 sq. ft. warehouse project in Elizabeth
Nearly 300,000 square feet of new industrial space is coming to Elizabeth as part of a two-building project by Brookfield Properties, Elberon Development Group and DH Property Holdings.
Osmo, AI-powered scent startup, takes 58,000 sq. ft. at Bridge, Elberon warehouse in Elizabeth
A startup that uses artificial intelligence to create and detect smells has leased more than 58,000 square feet at a new industrial building in Elizabeth.
Legacy, advocacy in focus as NAIOP honors CRE leaders across generations
On the eve of Election Day, with voters set to choose New Jersey’s next governor, it was only fitting for the leaders of an influential trade association to focus on the future.
AI startup Osmo unveils Elizabeth manufacturing space, headquarters for pioneering ‘digital scent design’ technology
Osmo has unveiled its Elizabeth manufacturing space and headquarters for its pioneering digital scent design technology, expanding its footprint with a facility focused on office, manufacturing, research and distribution functions.
