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.

Residential & Mixed Use
PRC Group, local officials working to advance long-awaited redevelopment in Hightstown

PRC Group is moving ahead with a plan to transform a historic former rug mill complex in Hightstown, where it hopes to build 386 luxury apartments and townhomes through both ground-up construction and the adaptive reuse of two large industrial buildings.

Government & Public Policy
Industry leaders join forces to secure new insurance option for environmental cleanups

Owners of contaminated property in New Jersey may soon have a new financial tool at their disposal as they remediate the sites and prepare them for potential redevelopment.

Professional Services
Diverse project pipeline, decades of experience remain key to Rotwein+Blake’s success

Rotwein+Blake has made a point to diversify in recent years, expanding beyond its roots in the office and industrial sectors, helping it withstand the pandemic and other recent downturns. The firm now boasts a growing practice in multifamily and mixed-use projects, as it continues to work for many of New Jersey’s most prominent developers.

Residential & Mixed Use
Developers, city officials taking a holistic approach as northwestern Hoboken grows

It may be the Mile Square City, but Hoboken still has room to grow. After creating mixed-use projects in the largely industrial western half, developers are focusing on the city’s northwestern corner, known as the North End. City officials are in favor of the growth, with a North End Redevelopment Plan in progress that focuses on a diversified tax base, open space and flood-resistant infrastructure. 

Office
Tenant interest in ‘hub-and-spoke’ model brings added focus to state’s new-look office stock

A growing number of New York City-based firms have considered short-term office space in the suburbs, in an effort to reduce density, keep employees closer to home and reduce their reliance on mass transit. The movement has provided landlords and brokers with a chance to showcase New Jersey’s growing stock of revamped and rejuvenated office buildings.

Professional Services
How CBRE webinar series became a pandemic staple — and a valuable tool going forward

CBRE’s tristate capital markets team has stayed connected with clients and colleagues throughout the pandemic, thanks to a series of webinars and virtual programs that have drawn thousands of viewers since the earliest days of the crisis in the U.S.

Office
Banking giant inks 20-year, 150,000 sq. ft. renewal in Jersey City, as landlord launches $10 million building upgrade

In a time of uncertainty for the office sector, many landlords and tenants have stayed bullish on the need for a physical workplace. Look no further than one of Jersey City’s tallest commercial buildings — and the French banking giant that has called it home for nearly 15 years.

Industrial
Duke Realty eyes continued expansion with projects in New Jersey’s top industrial markets

After building its New Jersey portfolio to nearly 8 million square feet in recent years, Duke Realty Corp. is poised for further growth in the state with several high-profile developments underway.

Residential & Mixed Use
City native spearheading long-awaited redevelopment at Elizabeth transit site

A new mixed-use building will bring 267 upscale apartments and 36,000 square feet of office, restaurant and retail space to the corner of Union and West Grand streets in Elizabeth, the site of a long-vacant redevelopment parcel near an NJ Transit train station.

Office
Kearny Point expands selection of private offices as tenants seek safety, control

Hugo Neu Corp. has unveiled a collection of about 200 private offices at its Kearny Point campus, providing an option for tenants seeking an alternative to the crowded, collaborative spaces that run counter to social distancing guidelines.