A rendering of M Station, a planned mixed-use redevelopment project on Morris Street in Morristown — Courtesy: SJP Properties/Scotto Properties/Gensler By Joshua Burd New Jersey’s office market saw two major leases and a pair of blockbuster sales in the first…
Russo launches virtual tours at Union rental project
With interest still strong at its new luxury rental complex in Union, Russo Development has launched a virtual leasing platform to help maintain that momentum.
NAI Hanson inks 1,300 sq. ft. medical office lease in Fair Lawn
A spiritual healing center has leased nearly 1,300 square feet at a medical office building in Fair Lawn, under a newly announced transaction by NAI James E. Hanson.
The virus that is radically reshaping our world
My original plan for this Earth Day was to report on New Jersey’s sustainability challenge and how commercial real estate is adapting to natural, governmental and market forces. Given the magnitude and velocity of the COVID-19 disruption that is hourly reshaping our economy, industry and very existence, that plan quickly evaporated. Instead, this piece discusses the general impact of COVID-19 on our economy, and how CRE developers, owners, asset managers and affiliated professionals are meeting these challenges, assisting in relief efforts and informing government at all levels on how best to navigate their strategic response.
Pennrose launches virtual tours at New Brunswick PAC apartments
Prospective renters can now remotely tour one of New Brunswick’s newest luxury apartment buildings, part of a landmark performing arts center project in the downtown.
Thor Equities, biopharma firm ink 102,000 sq. ft. lease at Bridgewater campus
Thor Equities Group has landed a major tenant at its newly acquired life sciences campus in Bridgewater, inking a 101,500-square-foot lease with a biopharmaceutical company.
Hammer: Eviction moratorium comes with ‘big fear’ for multifamily owners
Alan Hammer is not only a commercial real estate attorney with nearly 50 years of experience, but a self-described “hands-on” apartment operator in New Jersey and Pennsylvania. Simply put, he’s all too familiar with the dilemma that landlords in the region will face on the first of the month and beyond, with moratoriums on evictions during the coronavirus crisis.
NKF inks 66,000 sq. ft. lease at Warren office, tech campus
A global communications firm has leased more than 65,000 square feet at a three-building commercial campus in Warren, in a newly announced transaction by Newmark Knight Frank.
Events business takes 18,000 sq. ft. in Hackensack, NAI Hanson says
A production company for events and conferences has leased 18,000 square feet at a Hackensack industrial building, brokers with NAI James E. Hanson said Tuesday.
JMF Properties brings major retail tenants to NJ
JMF Properties, one of New Jersey’s leaders in residential and commercial redevelopment, has emerged from 2019 with a growing roster of brand-name retail and hospitality tenants.