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.

In Red Bank, Denholtz finds a new home and new opportunities

The convenience was hard to beat at Denholtz Properties’ longtime headquarters in Matawan, a three-story office building that sits directly off the Garden State Parkway. But the firm’s new office in Red Bank has much more to offer.

Past meets present at NAI Hanson’s long-awaited new headquarters in Teterboro (SLIDESHOW)

NAI James E. Hanson opened its new 17,000-square-foot headquarters in Teterboro last fall, honoring its past while creating a modern workplace for its brokers, property managers and other employees.

HFF opens new Morristown office, with an eye toward the future (SLIDESHOW)

HFF has opened the doors to the new home of its New Jersey office, a 13,000-square-foot suite in downtown Morristown that is meant to help the capital markets firm retain and attract talent.

New state law for public-private projects is an opportunity for design, construction firms

A new state law could be a game-changer for municipalities, school districts and other government entities, allowing them to tap into private capital for new facilities or infrastructure. It could also be transformative for New Jersey’s design and construction industry.

Friends, colleagues recall Stan Simon as a model of integrity in New Jersey real estate

Friends, former colleagues and longtime clients have been paying tribute to the late Stanley Simon, the longtime head of Jacobson Goldfarb & Tanzman LLC, as a “true gentleman” who was among the most effective, honest and respected figures in New Jersey commercial real estate — one who groomed and influenced many of the state’s top brokers.

Already a destination, Garden State Park prepares to add sports betting to retail and restaurant mix

A joint venture is starting on the final piece of more than 1 million square feet of retail and dining space in Cherry Hill, where it has created a destination over more than a decade of development.

The site is now primed to draw even larger crowds later this year with the completion of a new sports book, bar and restaurant, thanks to the recent legalization of sports betting in New Jersey.

Investment firm has keyed on transit-centric, workforce housing in northern New Jersey

A real estate investment and management firm has quietly built a portfolio of transit-centric, workforce housing properties in northern New Jersey — with local holdings that have grown to some 40 properties with more than 2,000 apartments — and it sees a continued opportunity for expansion in the state and in the region.

Massive project by Ironstate, Panepinto has anchored a revival in Jersey City neighborhood

Over the past 15 years, Panepinto Properties and Ironstate Development have transformed an entire block in the heart of downtown Jersey City, delivering three towers with nearly 1,500 apartments, along with a 152-key hotel, a 1,000-space parking garage and street-level retail space along Columbus Drive. In the process, they have anchored the resurgence of a neighborhood just a few blocks from the Hudson River, paving the way for other projects in the booming multifamily submarket.

Langan combining in-place remediation, engineering services to aid redevelopment

Amid the growth of more cost-effective, less disruptive forms of environmental cleanup, Langan Engineering and Environmental Services has packaged those technologies with its vast geotechnical and civil engineering platform, providing a creative, full-service option for clients seeking to redevelop contaminated sites.

Developers, state officials face dual task with Opportunity Zone projects

Amid the rollout of the new federal Opportunity Zone program, developers and public officials are trying to balance two key objectives: Identifying shovel-ready projects — allowing investors to maximize the tax benefits of the law — and steering capital to low-income areas that weren’t already attracting investment and may have higher barriers to entry. The state believes it can check both boxes with the right coordination and by layering in the subsidies that have helped revitalize many of New Jersey’s cities and downtowns.