Depositphotos_5778937_XL-scaled.jpg

Metz Industrial Group at BRC closes three industrial deals in Newark & Jersey City

[ad_1]

Construction site crane building a blue 3D text. Part of a series.

The Metz Industrial Group of Bussel Realty Corp. closed three leasing transactions totaling 52,207 square feet of industrial space and five acres of outside industrial storage and parking in Newark and Jersey City.

The Metz Industrial Group is comprised of Jordan Metz, senior vice president, Ben Abbate, senior associate, and James Friel, sales associate.

MIG leased 38,207 square feet at 320 Elizabeth Avenue in Newark to My Flowers USA Inc. MIG represented the landlord, RHS Realty Group, and My Flowers USA Inc. was represented by NJR Group LLC.

“We pulled the rare two-for-one ‘tenant space exchange’ at 320 Elizabeth Avenue,” Metz said. “My Flowers identified the property and quickly determined it would meet all of their specific needs. They initially leased 26,007 square feet of space. Just as we were finishing the lease, an adjacent tenant advised that they were open to downsizing a portion of their space. My Flowers quickly locked in the opportunity to accommodate their anticipated growth, which increased the total area leased to 38,207 square feet.”

MIG subleased 14,000 square feet and two acres of outside industrial storage and parking at 125 James Avenue in Jersey City to Overnight Freight Inc. MIG represented Overnight Freight and CBRE represented the sublandlord, Staples Inc.

“This transaction exemplifies MIG’s expert pulse on the market and robust tenant representation services that results in the site selection success expected by our clients,” Metz said. “In delivering the ideal site, which is a functional truck terminal with two acres of IOS land for parking a fleet of trucks or storage in an asset class with minimal vacancy in the region, to Overnight Freight, we were able to close on a deal that was a win-win-win for all parties involved.”

MIG leased three acres of outside industrial storage and parking at 150 Pacific Street in Jersey City to an undisclosed transportation and warehouse services firm. MIG represented the landlord, Neu Holdings Corporation, in the transaction.

“The industrial outdoor storage sector has seen rapid growth in recent years, driven by the increasing demand for strategically located parking/outdoor storage sites,” Metz said. “150 Pacific Avenue offers a prime location just minutes to the Holland Tunnel and New York City markets. We are currently marketing an additional two acres of IOS space and 176,132 square feet of warehouse space at the property.”



[ad_2]
Source link

Stop-no-halt-1536-x-1000.jpg

Governor orders departments to freeze hiring, salary increases – and reduce budgets by 5%

[ad_1]

In the latest acknowledgement that the long anticipated ‘fiscal cliff’ is coming, the Murphy administration, in an email sent last week, notified the heads of all the cabinet departments that the state will pause approvals for discretionary salary increases and that each department should limit new hire requests to those that are “mission critical” to the functioning of the department, ROI-NJ has exclusively learned.

ROI-NJ also has learned the email, sent last Thursday afternoon, comes approximately seven weeks after the administration told all the department heads, in an email sent Oct. 1, that they should be prepared to cut their operating budgets by 5% for the Fiscal Year 2026 budget.

Both emails were seen by ROI-NJ.

The governor’s office acknowledged the emails but declined a request to comment.

Someone who is familiar with the situation but is not authorized to speak publicly on the directives, said the emails are intended to reinforce the idea that the state does not have unlimited funds and must adjust the way it spends money.

“They are warnings about the state of the budget,” the person said. “The governor is really focused on tightening the belt in terms of state spending.”

Thursday’s email, sent by the governor’s chief of staff, Tim Hillmann, said the freezes were being made to “conserve state resources.” It noted that the directive comes “effective immediately and with limited exception.”

Those exceptions include anything required by law, court order or collective bargaining. People who have been hired and are in the process of being on-boarded are excluded from the request.

The email on Oct. 1, which was sent by the Office of Management and Budget, asked each department head to submit their 5% savings proposals by Nov. 12. It is unclear how many departments did, though there is no reason to believe any did not.

The need to cut government spending should not necessarily be seen as a surprise. Those in state government have long known that New Jersey (as well as many other states) would be facing a “fiscal cliff” while preparing their Fiscal Year 2026 budget, as nearly all of the government funding from the pandemic will have run out – among other reasons.

How all of this will impact the governor’s budget for Fiscal Year 2026, his final budget, remains to be seen.

By nearly every metric, the state’s finances are in better shape now than when the governor took office in January of 2018. The state has made a full pension payment for the past four budgets (after decades of underfunding) and had a $6.1 billion surplus following the Fiscal Year 2025 budget.

Both of these actions are among many reasons the state has earned repeated upgrades by the credit ratings services during Murphy’s time in office.

That being said, the budget for Fiscal Year 2025, which was passed at the end of last June, was for $56.6 billion – or more than $20 billion more than the last budget of his predecessor, Gov. Chris Christie. It was an alarming total for some, considering the expected cliff that was ahead.

The Fiscal Year 2025 budget also came in at $1.8 billion more than the expected revenues, according to N.J. Spotlight’s John Reitmeyer, an undisputed expert on all things involving the budget.

Some have been suggesting this type of government spending freezes – and cuts – for some time. The governor appears to be agreeing with them.

At least that’s the view of the person familiar with the situation.

“This should be seen as the first warning shot,” the person said.



[ad_2]
Source link

Thomas-Tiseo2_AAS.CONSUPT_24_APPRENTICESHIP_EASCTC.jpg

TESU credits for workplace training highlighted during national apprenticeship week

[ad_1]

National apprenticeship week is just about finished (Nov. 17-23) and Thomas Edison State University joined industry partners and fellow institutions in celebrating the transformative role of workforce training and its growing alignment with college-level learning.

TESU said that in fiscal year 2024 alone, the university evaluated more than 293,000 credits for adult learners through Prior Learning Assessments. These assessments, a hallmark of TESU’s expertise in recognizing college-level learning wherever it occurs, led to an average of 42 credits awarded to each student engaged in PLA opportunities—potentially saving a collective of more than $123 million in tuition.

Thomas Tiseo’s journey exemplifies this connection. He leveraged credits from his Eastern Atlantic States Carpenters Technical Center (EASCTC) apprenticeship to earn his Associate in Applied Science (AAS) in Construction and Facilities Support degree at TESU this year.

“When I learned about the NJ PLACE grant support offered by the New Jersey Department of Labor and Workforce Development for trade apprentices pursuing a college degree at TESU, I seized the opportunity,” Tiseo said. “Credits for my EASCTC apprenticeship training gave me a 35-credit head start on my AAS degree. It was the perfect pathway and shows my students that they are not forced to choose between a trade and a college degree – they can have both.”

Since its founding in 1972, TESU has prioritized recognizing and evaluating college-level learning outside of an academic setting.

The University’s Office of Professional Learning Reviews (OPLR) has expanded this model from individual assessments to a comprehensive, programmatic approach. Professional Learning Reviews (PLRs) convert workplace training into credit, enabling adult learners like Tiseo to apply training in construction methods, blueprinting, code interpretation, safety, and building sustainability toward their degrees. His $3,771 NJ PLACE grant further reduced tuition costs and expedited his time to graduation.

Student success in leveraging PLRs figures prominently in the university’s enduring educational partnerships with government, aviation, transportation, health care, banking, IT and cybersecurity, law enforcement, sustainable/green building, energy, and business sectors and all branches of the U.S. military.

“We are proud to facilitate educational and career advancement for students like Mr. Tiseo,” Jeffrey Harmon, vice provost for Strategic Initiatives and Institutional Effectiveness and interim dean of the Heavin School of Social Sciences, Humanities, and Education at TESU, said. “Recognizing college-level learning in varied environments is central to our mission. The 10th anniversary of National Apprenticeship Week underscores the importance of expanding our mutual efforts in maximizing workforce training.”

The University’s recent prior learning evaluations include:

JetBlue Aviation training
New Jersey Certified Public Manager program
New Jersey State Police Academy
Nuclear Regulatory Commission training
Occupational Safety and Health Administration certifications
Port Authority of New York/New Jersey Police Academy
United Parcel Service automotive training
U.S. Special Operations Command IT training



[ad_2]
Source link

EdisonBust8-crop.jpg

At Eddy Awards, a celebration of state’s innovation ecosystem – and the Jersey grit that comes with it

[ad_1]

The moment was so New Jersey, so we-were-Silicon-Valley-before-there-was-a-Silicon-Valley, so fitting of the theme of Thursday night’s 45th annual Edison Patent Awards sponsored by the R&D Council of New Jersey: Jersey Innovates, the World Takes.

Princeton University was being recognized with the Computer Technology award for a patent involving in-memory computing – an invention that brings together two key aspects of the process that previously had been separated (“where we store data that we’re going to be processing on from where we actually process the data,” they explained).

Don’t fully understand? Know this: It’s an invention that will be key in AI programming.

Princeton professor Naveen Verma accepting the Edison Patent Award.- Tom Bergeron

It’s an invention that Princeton professor Naveen Verma told the crowd at Bell Works in Holmdel that shows why New Jersey’s place in the innovation ecosystem is just as strong as it was in the days of Thomas Edison — and will continue to shine moving forward.

After thanking his colleagues and students at Princeton, Verma gave thanks to the spirit of the state.

He’s not a native by any stretch (he did his undergrade work in British Colombia), but Verma said he has seen in his 15 years at Princeton the power of the region — one he said can top the West Coast.

“There really is a transformation happening (here), especially as the challenges and problems that we face in society have become harder and harder,” he said. “(There is) a spirit to be able to take those on because they’re hard problems. I think it’s characterizing something that’s happening on the entire East Coast. And that’s great for us in New Jersey, to be able to work with our colleagues in states that surround us.

“But when you mix that spirit together with something that is really uniquely New Jersey, a level of grit, then I think you get really interesting invention. And so, it’s inspiring to be here with you. It’s inspiring to be here in New Jersey — to have all of that that come together.”

Verma summed up the essence of the most laudatory night in STEM in New Jersey all year.

Yes, there was talk about the state’s fabulous history, Edison and Einstein, transistors and the light bulb — and, of course, Bell Labs. But more importantly it was about the here and now, as the audience heard about all the latest breakthroughs, inventions that ran from fluoride to fusion, mechanical science to computer science, animals to AI.

The R&D Council honored 66 inventors who combined to work on 14 key patents. It also honored five key individuals who do so much to support the STEM ecosystem, including:

Visionary Award: Chris Paladino, the president of DEVCO, the chief developer of the HELIX in New Brunswick – for his assistance in building centers of innovation throughout the state;

Emerging Tech Award: Dr. Olivier Loudig, of Hackensack Meridian Health’s Center for Discovery and Innovation – for his groundbreaking work in cancer research;

Educator of Year Award: Tony Lowan, provost of Rowan University, for helping school become a model for STEM research and programs;

Catalyst Award: Judith Sheft, executive director of the N.J. Commission of Science, Innovation and Technology for its working in supporting the startup innovation community.

The top award of the night went to Brian Kernighan, who received the Science and Technology Medal.

Brian Kernighan received the Science and Technology Medal at the 45th annual Edison Patent Awards.

Kernighan, a professor at Princeton since 2000 after a distinguished three-decade career at Bell Labs, is a co-creator of several programming languages, including AWK and AMPL. He holds five patents but may be best known for co-authoring the C programming language with Dennis Ritchie, a foundational text that has taught generations of programmers the art of coding in C, which has become a cornerstone of modern software development.

By any metric, he is a living legend in computer science – yet he remains someone who was able to humbly suggest he had a case of ‘imposter syndrome’ to be receiving such a prestigious honor.

Kernighan quickly turned the moment to the innovation ecosystem that is the state.

“I’ve been enormously lucky in my career, spending it in two absolutely wonderful places, at Bell Labs … and Princeton,” he said.

“Those are very different institutions, but they share a number of things. And I think the thing that they share that is in some ways most important, is at each one, there’s just an astonishing group of interesting, talented, bright, innovative, creative people who are technically unbelievably capable, but at the same time, are just wonderful human beings – people who will help you, support you, contribute to what you’re doing and help make you a success.

“So, I’m honored by the award tonight, but it really is because of the company I’ve kept for the last 55 or 60 years at these two amazing institutions. So, it’s hard to express my gratitude adequately to all of the people who have helped me along the way.”

All of whom are helping make New Jersey what it is today.

A look at the patent honorees: The following companies, universities and organizations were honored (listed alphabetically):

  • BASF
  • Bristol Myers Squibb
  • Colgate-Palmolive
  • DEVCO
  • ExxonMobil
  • HMH-Center for Discovery and Innovation
  • Merck
  • N.J. Commission on Science, Innovation and Technology
  • Nokia Bell Labs
  • Princeton University
  • Princeton Plasma Physics Laboratory
  • Qualcomm
  • Rowan University
  • Rutgers University
  • Siemens
  • U.S. Army



[ad_2]
Source link

WCRE-Pennsauken.jpg

MCI Cleaning Services takes 5,250 square feet of flex/light industrial space in Pennsauken

[ad_1]

MCI Cleaning Services successfully leased 5,250 square feet of flex/light industrial space in Pennsauken, according to a Thursday announcement from WCRE.

Located at 725 Hylton Road, Unit 102, the tenant selected this location for its convenient access to Routes 73 and 130 and proximity to the Tacony-Palmyra Bridge. The property is also surrounded by various national tenants like ShopRite, Chipotle, and McDonald’s.

This transaction adds to WCRE’s growing portfolio of successful flex/light industrial transactions in the South Jersey region.

Corey Hassman, senior advisor, represented the tenant in this transaction.



[ad_2]
Source link

maxresdefault (1)

A Season of Change: Looking Ahead to the Future of the Trenton Thunder

As the Trenton Thunder prepares to embark on a new chapter in their storied history, the team finds itself at a crossroads, poised to embrace change and chart a course for future success. With the recent announcement of their transition to the MLB Draft League, the Thunder is set to embark on a new era of competition and opportunity.

For fans, players, and staff alike, this transition represents an exciting new chapter in the team’s journey, one filled with promise, potential, and endless possibilities. As they prepare to take the field against some of the top amateur talent in the country, the Thunder is eager to showcase their skills and prove themselves as contenders in this new league.

But while the team may be moving in a new direction, their commitment to excellence and dedication to their fans remains unwavering. Whether they’re playing in the Minor Leagues or competing in the MLB Draft League, the Trenton Thunder will continue to provide fans with the thrilling baseball action and unforgettable experiences they’ve come to expect.

As they look ahead to the future, the Thunder is confident that their best days are still to come. With a talented roster of players, a passionate fan base, and a rich tradition of success, the team is poised to write the next chapter in their storied history and continue making memories that will last a lifetime.

Overhead-Shot

Thundering Forward: The Trenton Thunder’s Commitment to Player Development

For the Trenton Thunder, success on the field begins with a commitment to player development and a dedication to helping young athletes reach their full potential. As the Double-A affiliate of the New York Yankees, the team plays a vital role in the development of future Major League stars, providing them with the tools, resources, and support they need to succeed at the highest level.

From top draft picks to promising prospects, the Thunder’s roster is filled with talented athletes who possess the raw talent and determination needed to excel in professional baseball. Under the guidance of experienced coaches and trainers, these young players are given the opportunity to hone their skills, refine their technique, and prepare for the challenges that lie ahead.

But perhaps more important than their on-field development is the Thunder’s commitment to nurturing the personal and professional growth of their players. Through mentorship programs, educational resources, and community outreach initiatives, the team strives to instill values like teamwork, discipline, and perseverance in their athletes, preparing them for success both on and off the field.

As the Trenton Thunder continues to invest in the next generation of baseball stars, they remain steadfast in their mission to develop well-rounded athletes who embody the spirit of excellence and sportsmanship. With their eyes set on future success, the team is poised to continue making a positive impact in the world of professional baseball for years to come.

engu5q1frxruuqp9hgbe

The Heart of Trenton: Exploring the Vibrant Neighborhoods Surrounding Arm & Hammer Park

Situated in the heart of Trenton, Arm & Hammer Park is not just a baseball stadium – it’s a gateway to the vibrant neighborhoods and diverse communities that call this historic city home. From bustling downtown districts to scenic waterfront parks, the area surrounding the ballpark is alive with culture, history, and opportunity.

Just steps away from Arm & Hammer Park lies the historic downtown district, where visitors can explore charming boutiques, eclectic eateries, and cultural landmarks that tell the story of Trenton’s rich heritage. From the iconic State House to the vibrant murals that adorn the city’s streets, there’s no shortage of sights to see and experiences to enjoy.

For nature lovers, the Delaware River waterfront offers endless opportunities for outdoor recreation, from scenic strolls along the riverfront to kayaking excursions and picnics in the park. And with its proximity to major highways and public transportation hubs, getting around the city is easy and convenient for visitors and residents alike.

As the Trenton Thunder continues to draw crowds to Arm & Hammer Park, they also shine a spotlight on the vibrant communities that surround it. From the excitement of game day to the everyday hustle and bustle of city life, Trenton is a place where history, culture, and community come together in perfect harmony.

Trenton-thunder

A Field of Dreams: Exploring Arm & Hammer Park, Home of the Trenton Thunder

Nestled along the banks of the Delaware River lies Arm & Hammer Park, the beloved home of the Trenton Thunder. Since opening its doors in 1994, the stadium has been a beacon of excitement and entertainment for baseball fans across New Jersey, offering a unique blend of history, charm, and state-of-the-art amenities.

From the moment fans step foot inside the ballpark, they are greeted by the sights and sounds of America’s pastime. From the crack of the bat to the roar of the crowd, every game at Arm & Hammer Park is an unforgettable experience, steeped in tradition and steeped in tradition.

But beyond its role as a venue for baseball, Arm & Hammer Park is also a hub of activity for the Trenton community. From hosting charity events and concerts to serving as a venue for youth baseball clinics and community festivals, the stadium plays an integral role in the cultural fabric of the city.

As the Trenton Thunder continues to write the next chapter in their storied history, one thing is certain: Arm & Hammer Park will remain a cherished landmark for generations of fans to come. With its picturesque views, vibrant atmosphere, and unwavering commitment to excellence, the stadium is truly a field of dreams for baseball enthusiasts everywhere.

maxresdefault

Thundering Through History: The Legacy of the Trenton Thunder

Since their inception in 1980, the Trenton Thunder has been a cornerstone of the Trenton community, captivating fans with their electrifying brand of baseball and rich history. Originally founded as the Glens Falls White Sox, the team relocated to Trenton in 1994 and adopted their current moniker, the Thunder.

Over the years, the Thunder has provided fans with countless memorable moments, from championship victories to thrilling come-from-behind wins. The team’s commitment to excellence on and off the field has made them a beloved institution in the world of Minor League Baseball, earning them the admiration of fans and the respect of their peers.

But perhaps more important than their on-field success is the Thunder’s impact on the community. Through initiatives like “Thunder Cares” and community outreach programs, the team has worked tirelessly to give back to the city of Trenton, making a positive difference in the lives of countless individuals.

As they celebrate their forty-year anniversary in 2020, the Trenton Thunder stands as a testament to the power of sports to unite communities, inspire greatness, and bring joy to the lives of fans young and old. With their eyes set on future success, the team is poised to continue making history both on and off the field for years to come.