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.

Sharbell’s iconic ‘town center’ in Robbinsville, 25 years in the making, is a model for mixed-use

Tom Troy, president of Sharbell Development Corp., has been with the firm since 1987 and has helped spearhead its development of the landmark Washington Town Center project in Robbinsville. — Photo by Aaron Houston for Real Estate NJ By Joshua…

Leasing teams turn to virtual tours, platforms to lure renters during stay-at-home order

In-person tours have been curtailed and lease numbers are down, but virtual tours are helping luxury apartment buildings bring in renters in this time of social distancing. The virtual elements are so useful, in fact, that building representatives said they’ll keep using them after the coronavirus crisis is over.

Developers, municipalities prepare for virtual entitlement process amid health crisis

By Joshua Burd As the real estate industry prepares for life in the wake of COVID-19, the new normal — at least in the near term — will include the likes of virtual planning and zoning board hearings. New Jersey…

Industrial sector could bounce back quickly — and stronger — after short-term hit from COVID

Industrial developers and companies seeking logistics space are unlikely to face lasting damage from the coronavirus pandemic, experts say, but the market is still poised for major changes amid disruptions to supply chains and consumer spending habits.

Hoboken Brownstone is making its mark in Jersey City, backed by 40 years of urban redevelopment expertise

With a tried and true formula that goes back 40 years, Hoboken Brownstone Co. now has a development and construction pipeline in Jersey City of more than 2,000 luxury apartments.

Crockett talks diversity, messaging after becoming Mack-Cali’s first female chief administrative officer

Deidre Crockett has become an influential force at Mack-Cali Realty Corp., now serving as the REIT’s first-ever female chief administrative officer and executive vice president.

ULI NNJ taps industry leaders to help prepare commercial real estate’s next generation

More than two dozen aspiring commercial real estate leaders were on hand last month to hear directly from two of the state’s top industry practitioners, as part of a mentoring program by the Urban Land Institute of Northern New Jersey.

Rutgers real estate program eyes new degrees, new investment as it looks to the future

With a foundation in place and support from many of the state’s top commercial real estate leaders, the Rutgers Center for Real Estate is now looking ahead to the next five years and beyond. The program’s leaders feel that further growth will hinge on expanding and fine-tuning the course offerings — such as creating a standalone real estate major and a master’s in real estate — while navigating the challenges of fundraising and scaling up to support their growing student population.

Leases by accounting firm, consumer goods giant mark auspicious start for revamped Parsippany campus

A joint venture has inked two key leases at a Parsippany office campus, providing a source of momentum as it enters the final stages of a plan to transform the well-known property.

Machemer, Crow Holdings moving quickly to fill Northeast industrial pipeline

With its first project nearing completion and a tenant in hand, Crow Holdings Industrial is keenly focused on what comes next for its Northeast expansion strategy. The firm has a pipeline in the region amounting to more than 7 million square feet, with the potential to deliver much-needed warehouse and logistics space to a vastly undersupplied market.