Seeking to reduce the carbon footprint of the construction process, Sudler Cos. has employed the use of carbon-injected concrete to build a new industrial park outside New Jersey. The technology wins praise from others in the industry and, while such materials may not be yet available in the developer’s home state, could be a sign of things to come for builders.
For developers from out of state, building in New Jersey can be a challenge. Yet there are builders that make it work — generally when there’s buy-in from government officials — and New Jersey remains a draw for many of them.
Amid continued uncertainty in the market, how should office landlords and tenants approach lease renewals in 2022? We assembled a panel of industry experts to tackle this month’s question.
Demand for parking in and around industrial properties has soared in New Jersey, fueled largely by the use of large delivery fleets, spurring changes in building design and creating new revenue streams for industrial owners.
Perhaps as much as anyone else in commercial real estate, brokers have been eager to return to the pre-pandemic days of in-person gatherings and face-to-face networking. Local leaders with the Society of Industrial and Office Realtors are well aware as they plan the chapter’s own transition back to business as usual, following a year of virtual events and finding creative ways to keep their members engaged.
Besides e-commerce, what sectors or niches will drive industrial development in 2022? We assembled a panel of industry experts to tackle this month’s question.
We can likely all agree that modern and efficient infrastructure systems are a major factor in real estate development and investment decisions. Such strategic, long-term investments lead to increased opportunities for commercial real estate development and result in stronger job creation and economic growth for our communities.
CHA Partners recently unveiled a new 120-unit apartment building at the site of the former Muhlenberg Regional Medical Center in Plainfield, doing so more than a decade after the hospital’s closure devastated city residents and set off an emotional, multiyear battle to repurpose the site.