The Marketing Directors has become all but ubiquitous in the luxury apartment boom in Jersey City and New Jersey’s other top markets, allowing it to grow well beyond its New York City roots. It’s done so by not only providing its flagship sales and leasing services but playing an essential role for its clients during site acquisition, design and other phases of development.
Features
Real Estate NJ goes in depth on the latest trends, success stories and critical issues facing the commercial real estate industry. Hear what is on the mind of the industry’s power players and get expert analysis as we give you the deepest look inside the market.
Going public: New phases taking shape at The Park as Connell’s plan for resort-style, community-facing campus advances in Berkeley Heights
The Park in Berkeley Heights is entering a new phase, with its office space now fully renovated and construction underway on new residential, retail and hospitality segments that will create a new town square for workers and residents alike. And The Connell Co. has already taken steps toward opening the campus to the public — from social events to gym memberships — all with a level of branding and merchandising that is unlike what you’d find at other commercial properties in the state.
Real Estate NJ’s 2025 Market Forecast
Commercial real estate leaders have entered 2025 with varying levels of optimism. That’s evident from this year’s Real Estate NJ Market Forecast, where you’ll find everything from caution to confidence about how the sector will perform as it balances strong fundamentals in several key asset classes with new regulatory headwinds, nagging inflation and what seems to be a lingering lack of clarity over when lower interest rates will truly impact the industry.
You can read all about it in our 2025 Market Forecast, which features predictions and insights from some of the state’s leading voices in commercial real estate.
Fully mobilized: Greek, chair of new ‘Circulate NJ’ coalition, sees breadth of membership as key to promoting logistics industry’s impact (and curbing misinformation)
Let there be no confusion: Circulate NJ is not a lobbying group, as David Greek is quick to point out, but a well-organized, diverse coalition that has assembled to promote the vast economic benefits of New Jersey’s logistics sector.
That message is at the heart of the new public awareness campaign that launched shortly before Thanksgiving, led by a membership that includes not just prominent developers but stakeholders ranging from dock workers and truckers to the likes of Amazon. All of which have a vested interest in promoting their collective industry and, in turn, defusing the hostile rhetoric and misinformation that has derailed a growing number of warehouse projects in recent years.
A key step: For Prism, bringing residential property management in-house is a goal years in the making
Prism Capital Partners has reached a long-held goal of taking its residential property management in-house, a move that is already bearing fruit by providing real-time data that can boost performance, while reducing turnover and optimizing rental rates to ensure that the firm is enhancing the value of each property.
