The Urban Land Institute honored a dozen commercial real estate projects and industry leaders last week as part of an annual awards dinner hosted by its northern New Jersey chapter.
More than 200 industry leaders and influencers turned out recently for a Rutgers Center for Real Estate conference on the new federal Opportunity Zone program.
The head of Atlantic Environmental Solutions Inc. has earned “Executive of the Year” honors as part of an annual awards ceremony by the New Jersey Business & Industry Association.
Dozens of state lawmakers met face to face recently with leaders in the multifamily sector, as the New Jersey Apartment Association hosted its annual political action committee reception.
The new federal Opportunity Zone program is far from perfect in its early stages, U.S. Sen. Cory Booker told a crowd of New Jersey real estate leaders on Monday, but it offers a powerful new incentive for the private and public sectors to steer economic development to low-income areas.
Amenities, collaboration space and access to transportation will all remain important in the office sector, experts say, but those features must be increasingly focused on wellness, sustainability and energy savings. That’s not to mention diversity and the ability for employees to choose how they work.
Commercial real estate leaders, policy experts and public officials gathered last month to tackle an all-too-familiar problem in New Jersey — rethinking the state’s suburban office parks and retail centers to position them for the economy of the future.
As tenants adopt a more regional approach to industrial space, New Jersey brokers must do the same and expand their focus to the Lehigh Valley and other neighboring markets. Brokers now have an opportunity to provide their clients with additional options beyond the core submarkets of northern and central New Jersey, developers say, noting that many regional tenants have already grown comfortable with casting a wider net.