Fidelco Realty Group is bringing new life to an iconic Newark office building, thanks in part to its pursuit of a diverse tenant mix, recognizing a burgeoning demand for smaller, flexible spaces and coworking environments and welcoming an eclectic group of businesses and nonprofits.
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.
Real Estate NJ’s 2025 Market Forecast
Commercial real estate leaders have entered 2025 with varying levels of optimism. That’s evident from this year’s Real Estate NJ Market Forecast, where you’ll find everything from caution to confidence about how the sector will perform as it balances strong fundamentals in several key asset classes with new regulatory headwinds, nagging inflation and what seems to be a lingering lack of clarity over when lower interest rates will truly impact the industry.
You can read all about it in our 2025 Market Forecast, which features predictions and insights from some of the state’s leading voices in commercial real estate.
Fully mobilized: Greek, chair of new ‘Circulate NJ’ coalition, sees breadth of membership as key to promoting logistics industry’s impact (and curbing misinformation)
Let there be no confusion: Circulate NJ is not a lobbying group, as David Greek is quick to point out, but a well-organized, diverse coalition that has assembled to promote the vast economic benefits of New Jersey’s logistics sector.
That message is at the heart of the new public awareness campaign that launched shortly before Thanksgiving, led by a membership that includes not just prominent developers but stakeholders ranging from dock workers and truckers to the likes of Amazon. All of which have a vested interest in promoting their collective industry and, in turn, defusing the hostile rhetoric and misinformation that has derailed a growing number of warehouse projects in recent years.
A key step: For Prism, bringing residential property management in-house is a goal years in the making
Prism Capital Partners has reached a long-held goal of taking its residential property management in-house, a move that is already bearing fruit by providing real-time data that can boost performance, while reducing turnover and optimizing rental rates to ensure that the firm is enhancing the value of each property.
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.
