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.

Perth Amboy making new push for planning, redevelopment around key city properties

With new leadership in place, officials in Perth Amboy say redevelopment of both the city’s waterfront and its commercial district will be a priority, following years of fits and starts that have hindered large-scale progress in the community.

Earth Day 2023: Leave it better than you found it (and how CRE is a driving force)

One of the things I learned when I was a Boy Scout was to always leave your campsite better than you found it. Clean up any trash and don’t disturb the area more than necessary for pitching your tent and building a fire for cooking and staying warm. It might also mean leaving some chopped firewood for the next camper. That concept has remained with me, and I’m reminded of it whenever I’m encouraged to “reduce, reuse and recycle.” What a great lesson and advice for all of us to help celebrate this year’s Earth Day on April 22.

How will commercial real estate and health care continue to intersect in 2023 and beyond?

How will commercial real estate and health care continue to intersect in 2023 and beyond? We assembled a panel of industry experts to tackle this month’s question.

Veris Residential completes $420 million sale of 1.9 million sq. ft. Harborside complex

Veris Residential Inc. has completed its high-profile, $420 million sale of Harborside buildings 1, 2 and 3 in Jersey City, the real estate investment trust said Wednesday.

Developers find new frontier in Orange, quenching thirst for transit-oriented sites

The boom in luxury rental apartments has come to Orange, where at least 1,000 units have been planned near two train stations in this small Essex County city.

Finding a spark

We all know that developing in New Jersey is not for the faint of heart. Just ask any of the countless builders who have endured delays or scrapped projects altogether in the face of pushback by residents and a litany of regulatory hurdles.

The flip side? A supportive local government can go a long way in sparking new investment, as we’ve seen in what appears to be a growing list of municipalities in our state. That group includes the city of Orange in eastern Essex County, where at least 1,000 luxury apartments have been planned near two train stations with Midtown Direct service. As you’ll read in this month’s cover story, the projects have the potential to breathe new life into the town of 30,000 residents in 2.2 square miles, following decades of struggles despite its prime location on Interstate 280 and just west of Newark.

Kislak sees opportunity in market uncertainty, backed by deep ties and decades of service

Leaders of The Kislak Co. Inc. see a resilient market and sustained demand from property investors in 2023 — despite a short-term slowdown amid rising borrowing costs — arguing that buyers and sellers will still find value in multifamily and commercial assets.

Redevelopment of Parsippany office park comes with multilayered approach to sustainability

The transformation of a suburban office park in Parsippany — one of New Jersey’s most closely watched redevelopment projects — comes with a heavy focus on sustainability, including a plan to seek certification with the U.S. Green Building Council for the entire 45-acre community.

What is the next must-have amenity, perk or design feature in new apartment buildings?

What is the next must-have amenity, perk or design feature in new apartment buildings? We assembled a panel of industry experts to tackle this month’s question.

NAIOP New Jersey unveils finalists for industrial, office Deal of the Year awards

NAIOP New Jersey has announced the finalists for its high-profile Deal of the Year awards in the industrial and office sectors.