Prologis Inc. has grown to about 65 employees in New Jersey and New York to support its expansion in the region, nearly double its headcount from just three years ago, reflecting the growth of its footprint during that time from 37 million to 44 million square feet.
Current Issue
Go inside the latest monthly issue of Real Estate NJ, the only New Jersey-based magazine dedicated to commercial real estate in the Garden State.
Out of the shadows
In this month’s cover story we highlights the plan to restore and reactivate the property’s long-dormant and long-vacant ferry terminal. The master development team at LCOR envisions it as a unique destination for commuters, city residents and visitors — and as the centerpiece of the plan called Hoboken Connect — which became clearer after I recently toured the space with the firm’s Brian Barry. The building’s second floor, with its 21-foot ceiling heights and a large, column-less floorplate stretching nearly 500 feet, has all the makings of such a destination and the potential to achieve one of LCOR and NJ Transit’s top objectives: opening the terminal to the public while enhancing the commuter experience.
Inside the deal to create Newark’s ‘mini-Hollywood’ at new $125 million studio complex
Plans to build a $125 million television and film production studio in Newark’s South Ward are expected to help cement efforts to build a durable infrastructure for the industry in New Jersey. They’re also the culmination of decades of wishful thinking in the city and, more recently, years of complicated deal-making that involved some of state’s biggest players, including Gov. Phil Murphy, as part of an aggressive push to attract productions and studio operations.
