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.

Project tour, expansion to new schools helping to grow ULI’s UrbanPlan program for students

The Urban Land Institute’s UrbanPlan program is growing in New Jersey with its recent expansion to a second school district and a project tour led by Russo Development, creating new opportunities for students to participate in hands-on, simulated real estate planning.

A focused expansion: Scarinci Hollenbeck says it’s now a one-stop shop for real estate — with clear growth potential

It’s one thing to become the proverbial one-stop shop, as Scarinci Hollenbeck LLC has sought to do with a series of recent additions to its real estate department. But the Little Falls-based law firm has also keyed on what it sees as important growth areas in the space. That strategy is now taking shape at Scarinci, whose long-established real estate team has grown to 15 full-time attorneys from nine last summer, adding new expertise in everything from affordable housing and litigation to foreclosures and landlord-tenant disputes in the wake of the pandemic.

Glass masters: Wayne-based Bendheim has played a key role in building design, construction for nearly a century

Bendheim is a third-generation leader in fabricating glass and the systems to install it, making it integral to high-profile architectural projects ranging from office buildings to public spaces.

Punia’s Tiger reflects on term as IOREBA president, importance of networking

Ryan Tiger is finishing his term as president of the Industrial & Office Real Estate Brokers Association, a year in which the nearly century-old group remained focused on providing value to its members through events and other networking opportunities.

New affordable, supportive housing taking shape near hospitals with help of HMFA program

The first projects have arrived under a state program aimed at creating affordable and supportive housing near hospitals — providing shelter and other services while reducing the burden on local health care institutions — as officials eye continued growth for the program.

Making connections: How Morristown’s HQ Plaza will engage residents, visitors with new public-facing spaces

The renovation of Morristown’s landmark Headquarters Plaza will look to energize the sprawling concourse that connects three office towers, a Hyatt Regency hotel and a host of retailers and restaurants under the roof of the 1 million-square-foot complex. Not to be overlooked is the idea that the refreshed property will also engage the community in a way that it hasn’t in decades, taking cues from the town’s other recent redevelopment projects.

With new $100 million rescue capital fund, Denholtz sees long-term value in solving short-term challenges

Denholtz Properties is raising $100 million for its new rescue capital fund, with plans to draw on its own vertically integrated, in-house team to find investments and make them successful as it looks to build new long-term relationships in the industry.

Demand soars for ‘community solar’ projects on warehouses, as state program enters new phase

Landlords are expanding their participation in New Jersey’s nation-leading Community Solar Energy Program, which allows property owners to lease their rooftops to solar developers, as the state transitions from a pilot phase to a permanent model.

Luxury living arrives in Hawthorne in long-awaited project with fitness club, self-storage

Renters have flocked to a new luxury apartment building in Hawthorne — the first of its kind for the midsized borough just north of Paterson — part of a distinctive mixed-use development that also has an on-site Planet Fitness and CubeSmart self-storage facility.

Boutique fitness chains are on the rise, providing a new source of demand for retail landlords

When it comes to fitness tenants, think smaller. That’s the mindset at shopping centers and downtown locations throughout New Jersey, as specialty fitness studios are increasingly finding favor with owners and customers.