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.

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.

Next generation joins veteran leaders at G.S. Wilcox & Co., as firm marks 25 years in business

As it marks its 25th anniversary, G.S. Wilcox & Co. is celebrating not only record business, but the arrival of a new generation that is poised to lead the firm for decades to come.

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.

Sanzari moves to modernize flagship Glenpointe complex with new tenant services, amenities

Alfred Sanzari Enterprises and Better Spaces recently debuted The Pointe, a new space that will serve as a focal point for programming the amenities at the Glenpointe complex in Teaneck. The new services include free yoga classes for tenants, along with ping pong tournaments, meditation sessions and other offerings. — Courtesy: Alfred Sanzari Enterprises

L+M sees new office space as key complement to apartments, retailers at historic Newark tower

With renters flocking to Walker House’s 264 apartments and commitments from a host of retailers, L+M Development Partners is keenly focused on the third piece of its formula. The New York-based developer, alongside brokers with JLL, has stepped up efforts to market more than 50,000 square feet of available office space at the building, touting the promise of downtown Newark’s resurgence and a workplace that is like few others in New Jersey. 

Repositioned life sciences campus in Bridgewater under new ownership, new platform

A joint venture is reaping the rewards of a plan to reposition a sprawling research and development complex in Bridgewater, having sold the campus for more than $150 million. All the while, the deal has cast a light on the allure of life sciences as a real estate investment class and the power of collaboration by brokers across multiple geographic markets.

Rent control is not a solution to our affordable housing crisis

Among the many issues facing our nation, the availability of affordable housing, or lack thereof, is a problem that lawmakers have been trying to address for decades. Federal programs that either support the development of affordable housing or provide assistance to renters through vouchers have been woefully underfunded, and state and local elected officials are looking for solutions. Unfortunately, some have turned to rent control as an answer. But the reality is that rent control will not only fail to solve our affordable housing crisis, it will actually make it worse. 

Developers continue focus on amenities, aesthetics to help tenants compete for talent

As hiring and human resources decisions drive corporate real estate selection more than ever, New Jersey developers are responding by designing spaces and amenities that meet those needs, while expanding their focus on the labor markets around their project sites.

New construction in 2020, 2021 unlikely to quench demand for New Jersey industrial stock

Users in New Jersey’s booming industrial sector have faced a severe lack of supply in recent years, leading to unprecedented rent growth and an unabated race to find development sites. New space is on the way — and plenty of it — with millions of square feet slated to come online in the next two years. Yet market experts say demand will continue to outpace supply, given the continued upside of e-commerce and a race by traditional retailers to update their supply chains.