With nearly a dozen acquisitions and more than $750 million in combined investment — all since spring 2018 — The Birch Group is exceedingly bullish on northern New Jersey’s office market and the expected return to work in top-tier locations.
Six months into her term as president of Commercial Real Estate of New Jersey, a Newark-based attorney is helping to guide it through the second year of the pandemic and what it hopes will be a continued economic recovery, plus new networking and business development opportunities.
A brokerage team has started 2021 with strong momentum after not only withstanding the COVID-19 crisis, but having its best year since joining forces under the Marcus & Millichap banner.
After treading lightly for much of the past year, institutional investors appear poised to accelerate their commercial real estate spending in 2021. New Jersey and other suburban markets could benefit in the near term as buyers await the return of New York City — especially in an apartment sector that is regaining its footing after stumbling during the pandemic.
Larken Associates has ramped up its multifamily development pipeline in recent years, as it looks to bring upscale apartments and amenities to lesser-known suburban submarkets.
A well-known family development firm is nearing completion of a 214-unit apartment complex in North Bergen, in what will be its first project with a second generation at the helm.
Landlords and technology firms say tools such as smart meters, sensors and cloud-based platforms can help reduce a building’s carbon footprint, which can come with the equal or greater selling point of cost savings on energy.
Technology and construction industry experts have increasingly touted the use of digital, cloud-based platforms to both improve productivity and manage costs in the building process, especially in a time of rising costs and labor shortages.