Current Issue

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.

Real Estate NJ’s 2020 Market Forecast

A new year is upon us, bringing new opportunities and new uncertainty for New Jersey’s commercial real estate market. To make sense of it all, we recruited some of the industry’s most influential professionals, developers and thought leaders to share their predictions for the year ahead. You can find those insights and more in our special 2020 Market Forecast.

Current Issue

How to read an insurance certificate

By Paul V. Profeta We all have work done on our buildings. Many of us require that the Contractor provide proof of insurance in order to protect us from any liability that could occur due to their negligence or imperfections…

Policy Page

A new way of doing things for 2020

My hope for 2020 is that our government officials will find the courage and willingness to tackle some thorny issues, including: overhaul New Jersey’s retirement and health care plans for state and school employees, consolidate school districts and remove barriers to allow regionalization of tax assessment, health services, municipal courts and fire and police services. If tackled, these measures will, over time, provide for better care and services to taxpayers while freeing up billions of dollars to invest in infrastructure, retraining and education programs and reducing the crushing tax burden on residents and businesses.

Office

Gateway 2.0: Inside the overhaul of Newark’s landmark office complex

Led by Onyx Equities, the redesign of Newark’s Gateway Center will transform the complex’s streetscape and busy pedestrian concourse, but the project is equally tied to improving the buildings’ long-neglected mechanical infrastructure.

Retail

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.

Editor’s Note

The best of The Briefing 2019

As we wind down the year, we’re excited to bring you a recap of our top stories of 2019, including our most-read items and a few editor’s picks. You can catch up on our daily “best of” emails below. We will also keep you updated in the event of any breaking news.

Industrial

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.

Policy Page

Giving yields the greatest ROI

Times are good now for the commercial and industrial real estate industry, and those professionals that comprise NAIOP are an integral component in successful economic development projects. These same industry professionals also are doing great things for our fellow New Jerseyans.

Residential & Mixed Use

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.