Garden State Plaza

KBRA Assigns Preliminary Ratings to NJ 2023-GSP

Retrieved on: 
Thursday, December 7, 2023
Banking, Professional Services, Finance, KBRA, Engineering, Garden State Plaza, KLTV, NREC, Tenant, CMBS, Methodology, SF, Goldman Sachs, NCF, Telescopic sight

KBRA announces the assignment of preliminary ratings to three classes of NJ 2023-GSP, a CMBS single-borrower securitization.

Key Points: 
  • KBRA announces the assignment of preliminary ratings to three classes of NJ 2023-GSP, a CMBS single-borrower securitization.
  • The fixed rate loan has a five-year term and requires monthly interest-only payments based on an estimated coupon of 6.75%.
  • To assign ratings to the transaction’s interest only securities, KBRA relied on its Methodology for Rating Interest-Only Certificates in CMBS Transactions .
  • The results of our analysis yielded a KBRA net cash flow (KNCF) for the property of approximately $92.8 million, which is 11.4% below the issuer’s NCF, and a KBRA value of approximately $1.2 billion ($1,009 per sf).

Hasbro Launches the NERF Brand's First-Ever Official Sport "NERFBALL" With Exhibition Game Featuring New Gear & Technology

Retrieved on: 
Thursday, September 28, 2023
Advertising, Toys, Entertainment, Retail, Communications, Other Entertainment, Specialty, Sport, NERF, Thread, The Global Experience, History, Athlete, Garden State Plaza, IMG Academy, Bubble, Partnership, SVP, Music, Toy, Hasbro

What started with a simple NERF foam ball more than 50 years ago comes full circle through the cutting-edge competitive sport, NERFBALL.

Key Points: 
  • What started with a simple NERF foam ball more than 50 years ago comes full circle through the cutting-edge competitive sport, NERFBALL.
  • In 2024, NERF will roll out hit detection gear with proprietary foam incorporating XO-Nano technology, giving players a way to detect dart hits in real-time.
  • Soon, Hasbro will announce additional details on how fans can play at home with official NERFBALL gear.
  • For regular updates on NERF, follow the official brand social channels on Instagram , Threads , Facebook and TikTok .

Fogo de Chão Expands New Jersey Presence Adding a Third Location in Bridgewater

Retrieved on: 
Wednesday, August 2, 2023
Partnership, Ageing, Business, Marketing, Butcher, Restaurant, Garden State Plaza, Carrera, Growth, Bridgewater Commons, Central Jersey, C.A

The new restaurant is slated to open early next year at Bridgewater Commons, a central New Jersey premier shopping, dining and entertainment destination at 400 Commons Way.

Key Points: 
  • The new restaurant is slated to open early next year at Bridgewater Commons, a central New Jersey premier shopping, dining and entertainment destination at 400 Commons Way.
  • The announcement for a location in Bridgewater supports the brand’s continued 15% annual restaurant growth across the United States.
  • The bustling suburb of Bridgewater attracts many residents and visitors alike making it an ideal location for Fogo’s newest New Jersey location.
  • "We are excited to expand our presence to Central New Jersey and introduce the Fogo experience to the Bridgewater community," said Barry McGowan, Chief Executive Officer of Fogo de Chão.

Fogo De Chão Grows New Jersey Footprint With Second Location in Wayne

Retrieved on: 
Thursday, July 13, 2023
Partnership, Senior, Ageing, Butcher, Garden State Plaza, Carrera, Growth, Restaurant, C.A

WAYNE, N.J., July 13, 2023 (GLOBE NEWSWIRE) -- Fogo de Chão , the internationally-renowned restaurant from Brazil that allows guests to make culinary discoveries at every turn, announced today that it has signed a lease agreement to open its second New Jersey location.

Key Points: 
  • WAYNE, N.J., July 13, 2023 (GLOBE NEWSWIRE) -- Fogo de Chão , the internationally-renowned restaurant from Brazil that allows guests to make culinary discoveries at every turn, announced today that it has signed a lease agreement to open its second New Jersey location.
  • The new restaurant is slated to open later this year at Willowbrook, a northern New Jersey modern shopping and dining destination, in the thriving township of Wayne at 1400 Willowbrook.
  • The announcement for a location in Wayne supports the brand’s continued 15% annual restaurant growth across the United States.
  • Wayne, the highly acclaimed New York City suburb, attracts many residents and visitors alike making it an ideal location for Fogo’s newest Garden State location.

Unibail-Rodamco-Westfield Partners With Mill Creek Residential on Westfield Garden State Plaza Development

Retrieved on: 
Monday, August 22, 2022
Residential Building & Real Estate, Other Retail, Commercial Building & Real Estate, Urban Planning, Construction & Property, REIT, Luxury, Department Stores, Fashion, Retail, Other Construction & Property, Euronext, Partnership, Neiman Marcus, AMC, Work, Better, Standard, City, URW, Garden, Garden State Plaza, AMC Theatres, Euronext Paris, Multimedia, Restaurant, Brisbane Convention & Exhibition Centre, Westfield Garden City, MCR, BAA2, Euronext Amsterdam, Pinstripes, Group, Acquisition, Health, Life, Hotel, Department store, Unibail-Rodamco-Westfield, San Francisco Bay, Nordstrom

Unibail-Rodamco-Westfield (URW) today announced Mill Creek Residential (MCR) as co-developer for the first phase of the landmark transformation of Westfield Garden State Plaza in Bergen County, NJ.

Key Points: 
  • Unibail-Rodamco-Westfield (URW) today announced Mill Creek Residential (MCR) as co-developer for the first phase of the landmark transformation of Westfield Garden State Plaza in Bergen County, NJ.
  • View the full release here: https://www.businesswire.com/news/home/20220822005060/en/
    A rendering of the mixed-use development planned at Westfield Garden State Plaza in Paramus, NJ.
  • Russell Tepper, senior managing director of development for Mill Creek Residential, said: Were extremely excited to be selected as a co-developer at Westfield Garden State Plaza, and were eager to get started on the development.
  • One of the worlds premier shopping destinations, Westfield Garden State Plaza is a 2.1-million-square-foot flagship destination anchored by Neiman Marcus, Nordstrom, Macys, and AMC Theatres.

New Jersey’s Leading Retail Destination Gives Small Businesses a Leg Up

Retrieved on: 
Thursday, April 28, 2022
Fashion, Professional Services, Retail, Small Business, Other Retail, Specialty, Well, Ramapo College, NARS, Awareness, ZARA, BOSS, Macy's, Program, The Wendy Williams Show, GSP, Topical steroid withdrawal, Fabletics, Marriott International, Garden State Plaza, Small business, Name, Unibail-Rodamco-Westfield, Partnership, Multimedia, Woman, Westfield Garden City, Herman Miller (manufacturer), Review, Hudson River, Tesla, Neiman Marcus, Retail, Baking, Apple, Shop, Nordstrom

Westfield Garden State Plaza is launching an initiative that gives small, locally-owned businesses, especially minority- and women-owned businesses, the opportunity to showcase their goods and services alongside Americas most recognized brands.

Key Points: 
  • Westfield Garden State Plaza is launching an initiative that gives small, locally-owned businesses, especially minority- and women-owned businesses, the opportunity to showcase their goods and services alongside Americas most recognized brands.
  • View the full release here: https://www.businesswire.com/news/home/20220428005904/en/
    Erika Oldham, proprietor of Chic Sugars, is one of the small businesses opening a location at Westfield Garden State Plaza.
  • Our goal for the program is to elevate awareness for mom and pop businesses and in addition, to shine a spotlight on women and minority-owned businesses.
  • Westfield Garden State Plaza (GSP) is the ultimate destination for fashion, dining and entertainment located just minutes from Manhattan.

BRE Recognizes Ensight Founder Julia Craighill with the Director’s Award at the 2022 BREEAM Awards

Retrieved on: 
Wednesday, March 23, 2022
Architecture, Environment, Alternative Energy, Commercial Building & Real Estate, Energy, Construction & Property, Building Systems, Organization, Heart, Leadership, Transport, ESG, Research, Cushman & Wakefield, Certification, Unibail-Rodamco-Westfield, Risk management, Environment, Health, Â, Built environment, Industry, Barclays, Knowledge, Goal, BRE, Architecture, Westfield UTC, BREEAM, GHG, CEG, Solution, Garden State Plaza, Craighill, Management, Renewable energy, Construction, Westfield Century City

The 100-year-old global building science center BRE Group (BRE) has just revealed the winners of its annual BREEAM Awards, announced at the BREEAM Summit and Awards 2022 a thought leadership and networking conference, followed by a celebration of sustainable building design.

Key Points: 
  • The 100-year-old global building science center BRE Group (BRE) has just revealed the winners of its annual BREEAM Awards, announced at the BREEAM Summit and Awards 2022 a thought leadership and networking conference, followed by a celebration of sustainable building design.
  • BREEAM In-Use offers a holistic, informed approach to guide the nascent U.S. market towards sustainability best practice for existing buildings.
  • This ceremony gives us the opportunity to thank those who have and will continue to support and advocate for BREEAM.
  • The full list of 2022 BREEAM Award winners includes:
    ASR Dutch Mobility Office Fund, a.s.r real estate

Arena STEM® opens new State-Of-The-Art Center at Westfield Garden State Plaza

Retrieved on: 
Tuesday, February 1, 2022
Summer camp, CEO, Parent, Learning, Garden State Plaza, Westfield Garden City, Artificial intelligence, STEM, Computer science and engineering, Curriculum, Field trip, DJI, Technology, Environment, Virtual reality, Science, Family, Education, Machine learning, Toy, Entertainment, Python

PARAMUS, N.J., Feb. 1, 2022 /PRNewswire/ --With a prime emphasis on science and technology, CEO of Arena STEM, Sergei Manevich, announced today that the company has opened a new STEM Education, Entertainment, and Retail Center at Westfield Garden State Plaza, one of the country's largest shopping malls.

Key Points: 
  • PARAMUS, N.J., Feb. 1, 2022 /PRNewswire/ --With a prime emphasis on science and technology, CEO of Arena STEM, Sergei Manevich, announced today that the company has opened a new STEM Education, Entertainment, and Retail Center at Westfield Garden State Plaza, one of the country's largest shopping malls.
  • For school-age customers, Arena STEM will be expanding the selection of STEM classes and workshops, including afterschool enrichment and vacation programs in science and technology.
  • "Arena STEM is a fun destination that utilizes STEM principles and fosters critical thinking and innovation."
  • The new 20,000 sf Arena STEM Center is located on the upper level of the mall, across the Entrance B.

Dreamscape To Launch Immersive Virtual Reality Destination In Partnership With AMC Theatres® At New Jersey's Westfield Garden State Plaza

Retrieved on: 
Friday, November 12, 2021
Family, ZARA, Lost, Hidden World, Mall, Easton Town Center, Magic, Intelligence, Lost Pearls, Immersion, Herman Miller (manufacturer), Amazon Books, Education, GSP, AMC Theatres, Friends, CEO, Technology, AMC, Curse, Growth, Pan Am International Flight Academy, Multimedia, Signature, Dreamscape Immersive, NorthPark Center, The Hidden World, Fabletics, Travel, Partnership, BOSS, Food, DreamWorks Dragons, Macy's, Neiman Marcus, NARS, NYSE, Westfield Garden City, Greater New Jersey Conference, Marriott International, VR, Virtual reality, Tesla, Life, Arizona State University, Garden State Plaza, Amusement park, Entertainment, Tourism, Online shopping

LOS ANGELES, Nov. 12, 2021 /PRNewswire/ --Dreamscape, the location-based immersive virtual reality company, today announced it will open its next venue in Paramus, New Jersey, Dreamscape at AMC Garden State, at the Westfield Garden State Plaza on November 19, 2021.

Key Points: 
  • LOS ANGELES, Nov. 12, 2021 /PRNewswire/ --Dreamscape, the location-based immersive virtual reality company, today announced it will open its next venue in Paramus, New Jersey, Dreamscape at AMC Garden State, at the Westfield Garden State Plaza on November 19, 2021.
  • Launched in partnership with AMC Theatres (NYSE:AMC), Dreamscape will be located within the AMC Garden State 16 theatre.
  • "We're excited to bring Dreamscape virtual reality to the Greater New Jersey and New York metro area at Dreamscape at AMC Garden State, offering moviegoers a futuristic adventure that takes entertainment to new heights."
  • Westfield Garden State Plaza is the ultimate destination for fashion, dining and entertainment located just minutes from Manhattan.

Sustainable Shoe + Apparel Brand Allbirds Opens New Store in New Jersey

Retrieved on: 
Friday, October 29, 2021
Manufacturing, Fashion, Textiles, Retail, Department Stores, Carbon, Garden State Plaza, Professional corporation, Shoe, Carbon footprint, Merino, Environment, Allbirds, Sugarcane, Carbon tax, EVA, Multimedia, Eucalyptus, Wool

It is the brands first store in New Jersey and 35th globally, with locations across North America, Asia, and Europe.

Key Points: 
  • It is the brands first store in New Jersey and 35th globally, with locations across North America, Asia, and Europe.
  • The design of the store itself also evokes the natural world, with custom wood try-on chairs and displays, and uniquely shaped mirrors.
  • Since inception, the brand has been laser focused on combating the proliferation of petroleum-based materials in apparel and footwear.
  • In 2019, Allbirds became 100% carbon neutral through a self-imposed Carbon Tax, and in 2020, the brand began labeling all products with a Carbon Footprint.