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Latest News in East Hanover, NJ

East Hanover Little League wins NJ state championship with victory over Holbrook

The East Hanover Little League 12-year-olds have etched their name in Morris County baseball lore.In Sunday night’s winner-take-all New Jersey state championship game, East Hanover/Florham Park stunned Holbrook (Jackson), 4-3 at Buchmuller Park in Secaucus. East Hanover is just the seventh Morris County team to capture a Little League state title since the tournament was first held in 1957, and the first since Parsippany-Troy East won it all in 2012.In a rematch of Saturday’s game in which ...

The East Hanover Little League 12-year-olds have etched their name in Morris County baseball lore.

In Sunday night’s winner-take-all New Jersey state championship game, East Hanover/Florham Park stunned Holbrook (Jackson), 4-3 at Buchmuller Park in Secaucus. East Hanover is just the seventh Morris County team to capture a Little League state title since the tournament was first held in 1957, and the first since Parsippany-Troy East won it all in 2012.

In a rematch of Saturday’s game in which East Hanover defeated previously undefeated Holbrook, 2-0, the Hornets scored two runs in the bottom of the first inning on Sunday, and two more in the second to secure the victory.

"It's been a great experience for the boys and their families as well as for both towns. I felt like we were on even footing after Saturday's win," manager Joe Cheringal said. "We knew we had two of our best four pitchers available after they used both their best pitchers. Leading up to Saturday, we had played some hard-fought games. We were able to keep the momentum going and managed to jump out and take the lead in the first inning."

In the first inning, Anthony Abrantes tied the game when he grounded into a fielder's choice, scoring Tyler Ciasullo. In the next at bat, RJ Gossweiler singled to score AJ Rossi.

The Hornets then raced to a three-run lead in the second inning when Rossi smacked a two-out, two-run single.

Holbrook managed to pull within a run in the fourth inning at 4-3, but couldn't get anything going the final two innings. Gossweiler earned the win for East Hanover, giving up five hits, one earned run and four strikeouts in three innings. Braden Edelle threw the final three innings, striking out two on one hit and no runs.

"It feels good to represent New Jersey and I hope we can do good things in the regionals," Gossweiler said. "It was really cool being one of the four teams to represent the state. We met some new friends and had the chance to play at a nice field in front of a lot of people."

East Hanover (18-2), the Section 1 and District 1 champions, will face neighboring state champions Connecticut on Saturday at 4 p.m. (ESPN Plus) in the Metro-Region in Bristol, CT. with berths in the 2023 Little League World Series on the line.

"We're solid heading up to Bristol (CT) for the region tournament. We've now played 20 games this summer and you can see the chemistry with the team," Cheringal said. "We don't blow teams away, but we do all the little things right."

East Hanover’s road to the title began with a 6-5 win over Section 2 and District 6 champion Fort Lee on July 26. In Thursday’s winners bracket, the Hornets dropped a 12-4 contest to Holbrook in four innings, pushing them into the elimination bracket final on Friday. East Hanover defeated Fort Lee, 8-3 for the second time in as many days.

That led up to Saturday’s start to the championship series in which the Hornets handed Holbrook its first loss of the summer, setting up Sunday’s finale.

"We knew we had something special before the summer season began. But you don't know what you have until they get on the field and play together," Cheringal said. "We pool kids from two towns, East Hanover and Florham Park, and there's approximately 55 players that try out. We have 12 kids on the team and 10 have been playing together for a long time. It's a special group of kids."

East Hanover looks to become the first Morris County team to capture the Mid-Atlantic Region and advance to Williamsport, site of the Little League World Series, since Par Troy East (Parsippany) in 2012 and the first New Jersey team since Elmora Youth (Elizabeth) in 2019.

Other Morris County teams to capture New Jersey Little League state titles include Parsippany Troy East (2012), Randolph (2007), Randolph West (2001), Pequannock (2000), and Morristown National (1985 and 1982).

Urban Edge Sells NJ Industrial Portfolio for $218M

The East Hanover industrial portfolio changed hands in a 1031 exchange. Image courtesy of JLL Capital MarketsIn New Jersey’s largest industrial sale of the year, retail REIT Urban Edge Properties has sold a 1.2 million-square-foot, seven-building portfolio in East Hanover, N.J., for $217.5 million. The buyer was an investment fund managed by Morgan Stanley Real Estate Investing together with Saxum Real Estate, its operator and manager. JLL Capital Markets...

The East Hanover industrial portfolio changed hands in a 1031 exchange. Image courtesy of JLL Capital Markets

In New Jersey’s largest industrial sale of the year, retail REIT Urban Edge Properties has sold a 1.2 million-square-foot, seven-building portfolio in East Hanover, N.J., for $217.5 million. The buyer was an investment fund managed by Morgan Stanley Real Estate Investing together with Saxum Real Estate, its operator and manager. JLL Capital Markets brokered the transaction.

The deal was structured as part of a 1031 exchange transaction used to partially fund the $309 million acquisition of two Boston-area shopping centers totaling nearly 1.4 million square feet—Gateway Center in Everett, Mass., and Shoppers World in Framingham, Mass.—from SITE Centers. Urban Edge funded the remaining balance of the purchase with its line of credit.

The sale of the industrial portfolio, located in Morris County, is part of the company’s strategy of acquiring high-quality retail real estate with future growth potential. The REIT, which owns and operates 76 properties totaling 17.2 million square feet, is actively negotiating the disposition of more than $100 million of non-core assets.

A Northern New Jersey industrial portfolio

Located at 901, 903-906, 601 Murray Road and 151 Ridgedale Ave., the light industrial portfolio is spread across seven buildings that were fully leased at the time of sale by a total of 13 tenants. Key features include an average clear height of 21 feet and 945 total parking spaces.

The properties are in the high barrier-to-entry and supply-constrained market of Northern New Jersey. One of the properties, 151 Ridgedale Ave., was acquired in October 2021. The 187,013-square-foot Paper Mart warehouse and distribution center had originally been owned by Urban Edge’s predecessor, Vornado Realty Trust. Vornado spun off Urban Edge into a separate company in January 2015. Vornado had sold the 9.17-acre property to Paper Mart in 1978. Purchasing the site back from Paper Mart in 2021 gave Urban Edge ownership of all the commercial assets on the block.

The Morris County submarket is the fourth largest submarket in Northern New Jersey, representing more than 33.4 million square feet of industrial space.

Arranged by JLL

JLL Capital Markets arranged the deal, representing the seller and procuring the buyer. The Investment Sales and Advisory team was led by Jose Cruz, Marc Duval, Jordan Avanzato, Nick Stefans, Jason Lundy and Austin Pierce.

In another recent transaction, three JLL brokers secured a $869 million financing package for an 11.4 million-square-foot industrial portfolio. The fully leased properties have an average completion date of 2020.

'You can be sad and not cry': Holbrook falls short of Little League NJ state title

CorrespondentSECAUCUS -- Life lessons were learned Sunday by the Holbrook Little League’s All-Star team Sunday. Despite playing a competitive game, the team from Jackson Township fell just shy in the state tournament 12s final in losing to East Hanover 4-3.That meant disappointment for third baseman JJ Ballard and others but Ballard said he had been in tough losses before - he said learning to handle the emotions is a learning process.“Last season it was a close game, too. It didn't happen then...

Correspondent

SECAUCUS -- Life lessons were learned Sunday by the Holbrook Little League’s All-Star team Sunday. Despite playing a competitive game, the team from Jackson Township fell just shy in the state tournament 12s final in losing to East Hanover 4-3.

That meant disappointment for third baseman JJ Ballard and others but Ballard said he had been in tough losses before - he said learning to handle the emotions is a learning process.

“Last season it was a close game, too. It didn't happen then for us. And I started crying because I was sad,” JJ said. “And then the same thing this year. But I know I can be sad and I don’t have to cry. You can be sad and not cry.”

Holbrook was vying for another trip to World Series

Holbrook was vying for its second state title and another trip to the Little League World Series - the program reached the World Series Final Four in 2017.

But instead it was East Hanover winning its first state title and going on to the Metro Region Tournament in Bristol, Connecticut later this week. It took a sweep of two games from Holbrook over Saturday and Sunday to get it done - Holbrook had been sailing through an undefeated summer with a 14-0 record until the weekend.

“This was a long time coming,” East Hanover manager Joe Cheringal said. “Big shout out to Holbrook. They are a great program. But we persevered.”

Historic moment:East Hanover Little League wins NJ state championship with victory over Holbrook

“We knew we were going to have a good team this year. But no one thought we would make it this far,” said East Hanover shortstop Tyler Ciasullo, who scored the first run during an early go-ahead rally.

Assistant coach Jason Ballard: 'Life is about ups and downs'

The season may be over in the Little League world for Holbrook but it's still baseball and more baseball for the kids on travel teams, including JJ and his brother, Tyler, who's also on the team.

JJ and Tyler's dad, assistant coach Jason Ballard, said the experience showed that “life is about ups and downs. It just matters how you respond to that adversity."

“This team has been tested and each time they respond in a positive way. Today they fought. They gave it everything they had," he said.

JJ will be aged out of the 12s division next year; Tyler, who's 10, could be back for more. But that decision will be up to him, Jason Ballard said.

“I will be there to support Tyler and give him the same opportunities and be with him like I did, JJ,” he said. “Hopefully we can bring some of that same success back we did have this year.”

Holbrook outhit East Hanover 5-4 in the finale with JJ Ballard and Shaun Wood leading the way with doubles.

How the Holbrook and East Hanover rematch got set up

The state tournament has a double-elimination format; only Holbrook and East Hanover remained alive entering the weekend, but East Hanover was carrying one loss on its record.

Thus the need for East Hanover to win Saturday's game to force the winner-take-all Sunday game.

East Hanover won 2-0 Saturday.

More:Holbrook Little League chasing history; opens NJ state championship with big win

Timely hits aided East Hanover in Saturday’s game.

“But we also had people in scoring position a couple of times. We were able to put the hits together to get our guys across,” Holbrook manager Erik Johnson said.

More:Little League baseball NJ state tournament: Holbrook schedule, scores, updates

JJ Ballard pitched Holbrook into a chance to win on Saturday

It was ace against ace at the mound as Holbrook’s JJ Ballard matched up against East Hanover’s Anthony Abrantes.

East Hanover managed two runs off just three hits. Holbrook mustered four hits in six innings.

East Hanover drew first blood in the bottom of the third off a solo homer from catcher Charlie Dorst, the No. 8 hitter, and insurance was tacked with a walked-in run in the fifth inning.

Ballard had two hits including a standup double. Mason Monday pitched in relief for the boys from Jackson after JJ pitched 4 ? innings.

Baseball: North Jersey Section 2, Group 2 semifinal recaps for May 30

Christopher Perillo went 2-for-3 with two RBI to lead top-seeded Hanover Park to a 10-1 win over Ridgefield Park in the semifinals of the North 2, Group 2 tournament in East Hanover.Complete Box Score »Toby Smith hit a home run with two RBI for Hanover Park (21-5), which advanced to the sectional finals for the third-straight season. It will look to win its second title in three years (2021) when it takes on second-seeded Rutherford ...

Christopher Perillo went 2-for-3 with two RBI to lead top-seeded Hanover Park to a 10-1 win over Ridgefield Park in the semifinals of the North 2, Group 2 tournament in East Hanover.

Complete Box Score »

Toby Smith hit a home run with two RBI for Hanover Park (21-5), which advanced to the sectional finals for the third-straight season. It will look to win its second title in three years (2021) when it takes on second-seeded Rutherford in the final on Friday.

Alex Cheringal went 2-for-5 with an RBI. Jack Massarano singled and scored three runs in the win. Toby Smith, Joe LoPinto, and Alex Cheringal combined to give up just one run on four hits.

Ridgefield Park dropped to 16-9-1 with the loss.

Rutherford 6, Caldwell 4

Luke Cerulli went 2-for-3 with two RBI to lead second-seeded Rutherford to a 6-4 win over third-seeded Caldwell in the semifinals of the North 2, Group 2 tournament in Rutherford.

Rutherford (19-9) picked up its sixth-straight victory and advanced to the sectional final for the second time in three seasons. It will face top-seeded Hanover Park- the team which ended its season the last two seasons in the final and semifinal, respectively- on Friday.

Van Weber went 2-for-3 with a double and an RBI for Rutherford. Henry Hui went 3-for-4, while Sam Kelly pitched 2 1/3 scoreless innings in relief to secure the victory.

Ty Fredo had four RBI for Caldwell (15-3-1), which included a two-run home run in the fifth inning to close the gap to 5-4.

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New Vernon Equities acquires 17-acre site from Novartis

New Vernon Equities is building up its Arena complex in East Hanover, adding a 17-acre parcel newly acquired from Novartis.The Morristown-based commercial real estate developer and investor announced the acquisition of 135 Route 10 Nov. 2. According to the firm, the 150,000-square-foot office building will be redeveloped for science and techno...

New Vernon Equities is building up its Arena complex in East Hanover, adding a 17-acre parcel newly acquired from Novartis.

The Morristown-based commercial real estate developer and investor announced the acquisition of 135 Route 10 Nov. 2. According to the firm, the 150,000-square-foot office building will be redeveloped for science and technology users.

“We are thrilled to become a part of one of Morris County’s premier sites and continue our focus on top tier science and technology property development,” Peter Gilpatric, head of development for NVE, said in a statement.

Regarding the repositioning efforts, NVE noted the strength of Morris County for serving smaller office, labs and light manufacturing tenants. With redevelopment work already under way, Gilpatric told NJBIZ in a statement that the property is actively being marketed.

NVE’s Arena is centered on, now, three East Hanover buildings. Gilpatric said the firm envisions the campus as a more than 200,000-square-foot 21st Century workplace with a focus on science, technology and innovation.

The new addition 135 Route 10 is complemented by 30 and 31 Farinella Drive. The former is a 75,000-square-foot biopharmaceutical manufacturing facility fully leased to GenScript ProBio, according to NVE. Currently under development, 31 Farinella Drive is expected to deliver 50,000 square feet of high tech/science space by the end of 2023.

In March, the East Hanover Land Use Planning Board voted to deny an application from Novartis to subdivide approximately 17 acres for sale at the corner of Route 10 and Ridgedale Avenue. At the time, New Jersey Hills reported that Novartis East Hanover Site Head Gregory Struckus said during the March 23 meeting that the company had entered into a memorandum of understanding with NVE for the property.

NVE declined to comment on the impact the denial had on the purchase process. In a statement accompanying news of the acquisition, Gilpatric spoke positively about its work with the municipality and the seller.

“Our strong working relationship with the Township of East Hanover Township and Novartis allows us to collaborate in making this part of the Township a work, play, learn hub for ideas and innovation within a 21st Century workplace,” he said.

Evolving needs

“Novartis continues to transform the East Hanover, N.J., campus to ensure we are using our office spaces as effectively as possible. As part of this initiative, we have divested an additional 17 of our 140 acres on the east side of the campus, including one office building,” the Swiss pharmaceutical giant told NJBIZ in a statement.

The transformation of the working space at Novartis’s East Hanover U.S. headquarters pairs with an “ongoing organizational evolution” across the company. At the end of the summer, Novartis disclosed plans to lay off 130 employees in East Hanover, which serves as its U.S. headquarters. That followed news from the end of 2022 that the company would cut 285 jobs at the site.

“Our efforts to transform the East Hanover campus are part of a multiyear, worldwide Novartis global initiative to improve and adapt work environments in many of our larger sites,” Novartis added. “The work we are undertaking will also enable us to become more responsible with our footprint today and in the future.”

That idea was echoed by remarks Struckus made at the March planning board meeting.

“Like many other companies, we’re moving to a hybrid working model which offers better collaboration for our associates and provides our associates with more flexibility,” he said, as reported by New Jersey Hills. “But the new model also is a more efficient use of space. And therefore, we don’t require all of the buildings that we currently have to accommodate our employees. And also by reducing our real estate footprint, it helps us achieve some of our energy and sustainability goals.”

Novartis shrunk that footprint by a sizeable amount in 2021 when a joint venture of Onyx Equities LLC and Russo Development acquired 62 acres from the company with plans to eliminate vacant office buildings in lieu of building up more than 800,000 square feet of industrial space at the site. Demolition was paused in April, with the partners, working as R&O East Hanover, announcing they would propose a smaller project, according to a report from the Daily Record.

Like NVE’s plans, the move would remove extra office space from the market and add more square footage in a sector with rising demand, particularly in recent years.

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