NAIOP New Jersey unveiled three Deal of the Year awards at its annual gala, which also honored two late industry icons, Arthur Greenbaum and Caren Franzini. The program also recognized three of the state’s leading service firms — JLL, Biggins Lacy Shapiro & Co. LLC and Hollister Construction — before a packed house at The Palace at Somerset Park in Franklin.
Event Coverage
Hear what thought leaders, presenters and experts have to say at one of the industry’s many conferences, panel discussions and awards ceremonies.
IOREBA panel tackles changes and challenges in N.J. commercial real estate
No matter the asset class, commercial real estate in New Jersey is changing in a big way.
That was the message of industry leaders earlier this week as some 350 owners, brokers and other professionals gathered for the annual Developer’s Night hosted by IOREBA, or the Industrial and Office Real Estate Brokers Association.
After record year, panelists still bullish (but cautious) on N.J. industrial sector
The state’s industrial market is firing on all cylinders, but just how long will it last? A panel of leading owners and brokers tackled that very question last week, gauging everything from rental rates to the demand from institutional investors. And while the recent political turmoil has created some uncertainty, they said New Jersey’s location and the growth of so-called last mile distribution needs will ensure the market’s continued strength in the year ahead.