A key federal incentive for solar projects is due to expire in just over a week, a change that will have major cost implications for an asset class that has become a growing source of revenue for commercial real estate landlords in New Jersey.
New Jersey Institute of Technology marked the official launch of the Profeta Real Estate Center, a program that will combine finance, engineering, architecture and environmental skills in one graduate degree to provide training in all aspects of development and management.
Patrons are flocking to the new-look Blue Star Shopping Center in Watchung, fueling a surge in foot traffic that’s poised to continue with a growing slate of dining and experiential tenants.
Terreno Realty Corp. has filled 92,000 square feet of industrial space in Kearny after securing a lease with a third-party logistics provider, the company announced this week.
Nasser Freres has closed on a $375 million construction loan for a project that will add 840 apartments and a well-known grocer to Jersey City’s booming Journal Square neighborhood.
Urban Edge Properties has filled a key space while expanding the fitness lineup at a Middletown retail center, leasing more than 28,000 square feet to a concept known as Iron Revolution.
JRM Construction Management has completed a more than 46,000-square-foot renovation of the Count Basie Center for the Arts, a century-old landmark in the heart of Red Bank.
An electrical equipment company has taken more than 11,000 square feet of office space in Woodbridge, according to a brokerage team with Bussel Realty Corp.