With a court-ordered overhaul of affordable housing in full swing, there are busy days ahead for Tony Marchetta and the New Jersey Housing Mortgage and Finance Agency.
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.
As towns push fair share plans, developers face an interesting twist
Along with a new opportunity, a potential statewide push for affordable housing comes with a touch of irony for developers like Pennrose.
A new lease on life: Prism, local officials prepare for ‘next chapter’ of Roche campus
The resurrection of the Roche property in Nutley and Clifton is well underway — and Prism Capital Partners is already seeing tangible signs of the promise that its sprawling campus holds.
Not your average fixer-upper: Prism plans major renovations at remaining Roche buildings
For all the appeal of the five modern, institutional-grade office and R&D buildings that were left standing on the former Roche campus, there is still work to be done. In fact, Prism Capital Partners is planning a multimillion-dollar renovation at three of the buildings.
Turnkey R&D space, utility plant fueling interest from tenants
The planned Seton Hall-Hackensack Meridian School of Medicine is undoubtedly driving much of the interest at the former Roche campus. But it’s certainly not the only attraction.
Global appeal: Foreign investors see new opportunity in New Jersey
As an investment opportunity, 800 Scudders Mill Road checked just about every box. A state-of-the-art, trophy office complex that was only three years old. A prime location just outside Princeton. And, perhaps most important of all, a net lease with a blue-chip, global pharmaceutical giant, Novo Nordisk Inc., with a longstanding presence in the market.
How a Chinese construction giant is planting a flag in New Jersey
For a company that had been in the U.S. for nearly three decades, it was only about four years ago that the conglomerate known as China State Construction Engineering Corp. suddenly caught the attention of New Jersey’s commercial real estate market.
Panasonic tower put Newark ‘on the radar of international investors’
Far Eastern investors have accounted for most of the high-profile deals over the last year or so, but it was a Middle Eastern platform, KFH Capital Investment Co., that made the biggest splash in the fourth quarter of 2016.
