Moves and Deals

Red Bulls, Horizon team up to grow healthy eating effort

No, farro is not a one-on-one soccer move the New York Red Bulls players are testing out. It’s a grain that’s the focus of a new salad being offered at Red Bull Arena, as part of Horizon Blue Cross Blue Shield of New Jersey’s “Horizon Health Goal Food Stand” effort.

Horizon, a partner with the Harrison-based soccer club, is expanding its healthy food offerings at the stadium, starting with this weekend’s game against rival New York City FC.

The new items will include a turkey avocado wrap and the aforementioned farro salad, the club told ROI-NJ. For the NYCFC game, the stand will also feature a blender bike, where fans can make a banana berry smoothie.

“Horizon Blue Cross Blue Shield of New Jersey is a valued partner who, like our club, believes in health and wellness for people of all ages,” said Marc de Grandpre, general manager of the Red Bulls. “The new, delicious culinary additions to their Healthy Goal stand in Red Bull Arena will be a big hit with our fans.”

Read more from ROI-NJ

More By ROI-NJ Staff

Princeton-based CMA acquires Weblications, an internet marketing firm

CMA, a communications, marketing and association management firm based in Princeton, announced Tuesday it has acquired Princeton-based Weblications LLC, an internet marketing firm.

Under terms of the deal, Weblications will operate as a standalone subsidiary of CMA.

The acquisition will help enhance each company’s client offerings and expand their business footprints, CMA said.

“The Weblications acquisition is a strategic fit for CMA, as it continues to build on the commitment to providing a full spectrum of cutting-edge marketing and communications solutions to its clients through in-house resources,” Jeffrey Barnhart, CEO and founder of CMA, said. “Bob and I have known each other and worked on various projects together for more than 20 years. We saw it as an opportunity to join forces, to increase our client bases.”

Bob Weber, former owner of Weblications, will remain on as president and lead the group. He will report to Christian Amato, president of CMA.

“We’re excited to be partnering with CMA under one roof,” Weber said. “The acquisition enables the Weblications team to focus on business expansion and web design, while removing the operational component. The long-term vision is to grow Weblications through the use of combined sales forces, as well as provide the complete range of marketing services to Weblications’ clients through CMA.”

Financial terms were not disclosed.

“Bob and his group bring extensive knowledge and experience in digital marketing, which will be major assets to CMA and its clients as it continues to grow,” Amato said. “This catapults CMA further into the digital marketing arena, by offering clients an expanded breath of robust solutions. CMA has a long-standing relationship with Bob and Weblications. I’m pleased to be working with him in this capacity.”

Read more from ROI-NJ

More By Emily Bader

Genova Burns promotes 2 to counsel

Genova Burns announced Thursday it has promoted two associates to counsel.

The Newark-based law firm said Erica M. Clifford and Maria R. Fruci have been named to the position of counsel.

“Maria Fruci and Erica Clifford are both accomplished law professionals and have repeatedly brought distinction upon themselves and on the Firm,” Angelo J. Genova, chairman and managing partner of Genova Burns, said. “Both of these attorneys are a strong voice for their specific specialty areas, and these promotions are an acknowledgement of their professional knowledge and skills, and their contributions to the Firm’s service and success on behalf of our clients.”

Clifford is a member of the Employment Law & Litigation and Human Resource Counseling & Compliance Practice Groups. She advises clients on employment matters, Genova Burns said. Her primary role is as a litigator, defending clients against claims of discrimination, harassment, hostile work environment and more.

Fruci is a member of the Complex Commercial Litigation, Class Action Defense, Intellectual Property, and Mediation and Alternative Dispute Resolution Practice Groups. She represents clients in complex commercial disputes, trademark protection and litigations, and mediations and arbitrations.

Read more from ROI-NJ

More By Emily Bader

Hylan expands operations in Ariz., Calif.

Hylan, a Holmdel-based provider of specialized communications engineering and construction services, announced Tuesday it has expanded its operations in Arizona and California.

Hylan West, a construction company and division of Hylan, has opened three new offices in Phoenix, Arizona; Long Beach, California; and Sacramento, California; Hylan said, to support the growth of fiber and telecommunications construction demand in those markets.

“We are excited to continue our national expansion across our Hylan Companies,” Robert DiLeo, CEO of Hylan, said. “Hylan West is experiencing significant momentum with high profile projects that will continue to expand its footprint across the west and southwest. Our proven, turnkey capabilities and customer commitment strategically fulfills the growing need for telecommunications infrastructure for companies and government agencies of all sizes.”

The company said it plans to hire new team members in construction, fiber optics, commercial driving and engineering.

“As we expand, we are seeking new talent to add to the Hylan family,” states Slade Ottney, President of Hylan West. “We strongly believe in creating a family-like atmosphere for all of our employees and are thrilled to create new job opportunities in the key markets where we continue to grow and serve.”

Read more from ROI-NJ

More By Emily Bader

Avaap acquires Navigator Management Partners

Edison-based Avaap, an advisory service and IT management consulting firm, announced Monday it has acquired Navigator Management Partners, a Columbus, Ohio-based cross-platform management and technology consulting firm.

The acquisition will allow Avaap to provide technology advisory and management consulting services for organizations in health care, retail, higher education, nonprofit, government, manufacturing and other industries.

Avaap, which has more than 200 customers in 35 countries, will now be able to serve a broader sector of the market, it said.

“The acquisition of Navigator is a landmark step in Avaap’s strategic development,” Dhiraj Shah, CEO and president, Avaap, said. “Digital transformation, migration to the cloud, and other industry disruptors are increasing the need for customers to seek an experienced partner that understands their business, not just the technology. Our focus is to have the leading market share in the industries we serve by providing superior end-to-end capabilities. This acquisition, along with the continued support from our capital partner NMS Capital, and the new partnerships we inherit, allow us to support our growth goals and extend that commitment to our largest assets; our customers and employee citizens.”

Financial terms were not disclosed.

“We are two growing and profitable companies, both passionate about our shared vision and values. Joining together puts us in a stronger position to build for the future faster and better than before, combining a massive breadth of experienced resources across multiple ERP platforms, as well as BI and change management expertise. The acquisition will allow our existing and new customers to have access to some of the best people and technologies available to address their critical missions and our employees will benefit from greatly expanded growth opportunities as part of the new company. We see strong opportunities for growth and the combined organization will enable us to have the team and resources to do so,” Navigator CEO David Schoettmer said.

Read more from ROI-NJ

More By Emily Bader

Fast-casual Asian fusion chain coming to N.J.

A fast-casual chain is opening its first New Jersey restaurant in Secaucus, according to real estate firm Cushman & Wakefield.

Poke Bros., which features Asian fusion cuisine, has leased 1,400 square feet at the Plaza at Harmon Meadow, located at 700 Plaza Drive, the real estate firm said in a news release.

The restaurant is expected to open in the fall.

David Townes and Alana Friedman, retail specialists in C&W’s East Rutherford office, served as the tenant brokers in the transaction, while Curtis Nassau and Jake Frantzman of RIPCO Real Estate represented the landlord.

“Fast-casual dining concepts continue to play an important role in the retail marketplace, meeting consumer demand for quality menu items prepared quickly and at an affordable price point,” Townes said in a prepared statement. “Known for its innovative and nutritious ‘sushi in a bowl’ Asian fusion concept, Poke Bros. currently operates 24 restaurants and is rapidly expanding in key East Coast and Midwest markets.

“We are pleased to bring this unique dining option to the Plaza at Harmon Meadow shoppers and the property’s tenants, as well as the community at large.”

Read more from ROI-NJ

More By Eric Strauss

Cherry Hill law office changes hands

A 3,500-square-foot office property in Cherry Hill has changed hands for nearly $300,000, according to real estate firm Markeim Chalmers Inc.

The building at 61 Kresson Road, home to a law office, was sold by retired attorney James Muller to another, undisclosed attorney, who will move into Muller’s old location on the first floor, the Cherry Hill-based real estate firm said. The sale price was $299,000.

The new owner, through Glamm Holdings LLC, will rent out a pair of available suites on the building’s second floor.

Markeim Chalmers’ Kevin Burns, senior vice president, represented Muller in the sale of the two-story, freestanding property. Farrell & Knight Realty represented Glamm Holdings.

Read more from ROI-NJ

More By Eric Strauss

Imperial Dade continues to grow through acquisitions

Food service and janitorial supply company Imperial Dade has expanded into California with its 23rd acquisition, The Paper Co. Inc., the Jersey City-based firm announced Monday.

The Paper Co. Inc., founded in 1982, is a family-owned and -operated wholesale distribution business that serves Southern California.

Financial terms of the deal were not disclosed.

“The Paper Co.’s commitment to its customers and partners, along with its family-operated culture, makes the business a great addition to the Imperial Dade platform,” CEO Robert Tillis said in a prepared statement. “We are excited to expand our national footprint by entering the California market and look forward to working together with the Paper Co. team to further grow the business.”

Keystone Capital Markets represented the Paper Co. in the transaction.

Read more from ROI-NJ

More By Eric Strauss

Kislak sells 192-unit multifamily portfolio in N.Y. for $19M

Woodbridge-based The Kislak Co. Inc. announced Friday it has recently sold a 192-unit multifamily portfolio in Orange County, New York, for $19 million.

The sale was comprised of the Southgate Village Apartments located at 2300 Vails Gate Heights Drive in New Windsor, the commercial real estate brokerage said.

Kislak said it exclusively marketed the property with Janet Bortz, senior vice president, handling the assignment on behalf of the seller, New Windsor Properties LLC. Bortz also procured the buyer, South Gate Village LLC, an affiliate of JP Management.

“This is a true value-add opportunity with strong rent growth potential in an expanding market,” Bortz said. “The sellers were longtime owners of the property, which is consistently fully-occupied with tenants paying below market rents. The purchaser is embarking on a renovation and capital improvement plan to significantly improve the property.”

The property includes 10 three-story buildings located on 10 acres. The units are a mix of 32 studios, 56 one-bedrooms and 104 two-bedrooms with 180,000 total rentable square footage.

Read more from ROI-NJ

More By Emily Bader

C&W brokers first sublease at 12 Vreeland in Florham Park

A professional services and information technology company has subleased 26,556 square feet at 12 Vreeland Road in Florham Park, according to Cushman & Wakefield.

The undisclosed technology company, C&W said, hit capacity at its current space and will expand into the new location.

William O’Keefe, Charles P. Parmelli and Kelsey Nakamura of C&W represented the sublandlord, Gerber Products Co. (Nestlé), in brokering the deal.  The KRE Group is the landlord of the 139,750-square-foot, Class A office property.

“The building’s existing infrastructure and configuration complement the tech-oriented nature of the work they do,” O’Keefe said. “A dedicated employee entrance, an above-market parking ratio of 4.4/1,000 square feet, back-up power and first-floor adjacency to the loading dock were all key considerations.”

Amenities at the property include it being fully furnished, an on-site cafeteria, collaboration spaces, and more.

C&W said it will continue to market the remaining 113,194 square feet of space for Nestlé. The property is within close access to routes 24 and 10, and interstates 287 and 80.

“Space availabilities for sublease include 29,974 square feet on the first floor and the entire 83,220-square-foot second floor, each with dedicated entrances and multiple branding opportunities,” O’Keefe said.

Read more from ROI-NJ

More By Emily Bader