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.

Office
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.

Industrial
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.

Industrial
E-commerce train rolls on as industrial owners, brokers prepare for a roaring 2020

The economic engine powering the New Jersey industrial real estate market will continue to be the rapidly transforming retail sector, driven primarily by relentlessly rising demand from consumers for rapid home delivery of purchases, whether from online retailers or traditional but restructured brick-and-mortar retailers.

Retail
Wayne retail project coming to life, with locally based March Associates at the helm

A planned retail center in Wayne has joined the growing list of redevelopment projects in the municipality, thanks in large part to a locally based construction firm led by township residents.

Industrial
New warehouse lease shows long-term strategy, promise of e-commerce for Goodwill

Even in the extraordinarily tight industrial market in northern New Jersey, a century-old nonprofit with a good brand and a long-term lease plan can still acquire new warehouse space. Of course, it doesn’t hurt when the nonprofit sees e-commerce as a vital part of its future.

Residential & Mixed Use
PAM Properties, Cervelli lead turnaround of Ocean County apartment complex

An ownership and management team is hailing the turnaround of a 344-unit apartment complex in Ocean County, spurring improved retention and an increase in rental rates as part of an effort that has garnered acclaim from the industry’s top trade association.

Professional Services
With Whole Foods coming to Jersey City, hometown engineering team plays key role

In a Jersey City building, the place where you park your Lexus is going to become the place where you pick up lettuce — a change that has required the help of a locally based engineering team.

Residential & Mixed Use
New apartments coming to site of iconic glass business in downtown Princeton

A development group led by a local family-owned business has broken ground on a project that will add six apartments to the site of historic glass business in downtown Princeton.

Top News
Sanzari moves to modernize flagship Glenpointe complex with new tenant services, amenities

Alfred Sanzari Enterprises and Better Spaces recently debuted The Pointe, a new space that will serve as a focal point for programming the amenities at the Glenpointe complex in Teaneck. The new services include free yoga classes for tenants, along with ping pong tournaments, meditation sessions and other offerings. — Courtesy: Alfred Sanzari Enterprises

Office
L+M sees new office space as key complement to apartments, retailers at historic Newark tower

With renters flocking to Walker House’s 264 apartments and commitments from a host of retailers, L+M Development Partners is keenly focused on the third piece of its formula. The New York-based developer, alongside brokers with JLL, has stepped up efforts to market more than 50,000 square feet of available office space at the building, touting the promise of downtown Newark’s resurgence and a workplace that is like few others in New Jersey.