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.

Fidelco set to revive Newark office tower, in firm’s latest project in downtown neighborhood

Fidelco Realty Group is revitalizing a well-known office tower in downtown Newark at a cost of more than $30 million, with plans that include a sweeping physical upgrade, the addition of a new bar and restaurant and the creation of flexible workspace to serve technology startups. — All renderings courtesy: Fidelco/Perkins Eastman

Connell blends co-working, social club in latest addition to flagship Berkeley Heights campus

The Connell Co. has unveiled a new flexible workspace and social club at The Park, its flagship 185-acre business campus in Berkeley Heights, where members have access to everything from fine dining and evening bar service to personal trainers and fitness classes.

Rockefeller says growth of in-house design, construction team has boosted project speed

In a time when industrial builders can’t deliver new space fast enough, those with in-house design and construction teams are finding ways to speed up the development process. The Rockefeller Group has honed that strategy in recent years with a series of key hires in the region. In the process, executives say the moves have also provided a leg up in the increasingly competitive and increasingly complex search for new sites.

Sudler turns to carbon-reducing concrete tech, seeking greener construction methods

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.

New Jersey remains a draw for out-of-state developers — despite the hurdles

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.

Experts say ‘stranded’ office, retail sites can thrive as new-look community hubs

Experts say the way to revive outdated, underutilized commercial properties in New Jersey is to make the sites an essential part of their communities. That can mean increasing the amount of public green space or adding mixed-use elements, among other options aimed at redeveloping so-called stranded assets.  

SIOR New Jersey returns to in-person gatherings, in key step for brokerage community

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.

Dartcor, longtime leader in corporate dining, will play key role in return-to-work plans

Based in Morris County, Dartcor offers high-end cafeteria menus, grab-and-go markets, pantries and coffee options for office buildings in the region. And, with a return to work on the horizon for many businesses, its services could be as important as ever.

Newly opened Shops at Ledgewood Commons shows potential of ‘de-malling’ done right

Developers say the future of retail is now on display in Roxbury, where Advance Realty Investors has transformed an aging, enclosed mall into a 450,000-square-foot, open-air destination with centralized parking and a new Walmart Supercenter as its anchor.

Father and son thriving together as part of JLL capital markets team in New Jersey

JLL’s New Jersey-based capital markets team includes a rare father-son combination among commercial real estate brokers, part of an office that remains a leader in the state and has only expanded its reach over the past year.