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.
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.
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.
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.
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.
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.
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.
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.
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.
