Industrial tenants are still yearning for the types of modern, high-end logistics spaces that have flooded the market in recent years. When they may actually sign a lease is not nearly as certain.
Cover Story
Our monthly cover story in Real Estate NJ is a must-read, as we bring you an insider’s look at the decisions, personalities and economic conditions that are shaping the market.
The health care effect: Inside the deal for Hackensack Meridian’s new hub at Metropark — and what it says about the industry’s role in commercial real estate
Plans for a high-profile Hackensack Meridian Health facility in Woodbridge are only 18 months in the making. Yet it was the product of relationships that had formed years earlier at the upper levels of New Jersey’s real estate and health care sectors, helping to make good on years of planning by state and local officials to activate the Metropark train station.
Going greener: From rainwater recycling to composting, apartment builders see a new frontier in sustainability
For some apartment developers, LED lighting and electric vehicle chargers just won’t do when it comes to sustainability. A handful of new rental projects in New Jersey are making that clear with more cutting-edge, eco-conscious features such as oversized green spaces, rainwater recycling and even an on-site composting system.
Industrial owners pivot to new (and old) strategies amid challenges to development, capital stack
Industrial owners in New Jersey are adapting to a climate of caution in the capital markets, cooling demand from tenants and growing local resistance to large warehouse projects. Some see it as a chance to double down in a market that they feel is still fundamentally sound, despite a slowdown in big-box leasing, as others pivot to different, more conservative approaches.
