Morristown’s Mayo PAC poised for $65 million expansion, update with new state tax credit

The acclaimed Mayo Performing Arts Center in Morristown is set to begin a major expansion and renovation after securing a $65 million tax credit award under a new state program.

CBRE: Genesis buys South Brunswick industrial outdoor storage parcel for $5.7 million

Investment group Genesis has picked up another industrial outdoor storage property in New Jersey, buying a five-acre site in South Brunswick’s Dayton section for $5.7 million.

Veteran medical office, health care brokers Lizzack and Horning join The Clinical Group

The Clinical Group, the growing medical real estate and health care advisory firm, has bolstered its team in a significant way with the addition of two prominent brokers in the space.

Owner-occupier buys 16,000 sq. ft. Denville office building, C&W says

A private occupier has purchased a nearly 16,000-square-foot office building in downtown Denville, brokers with Cushman & Wakefield announced Thursday.

A landlord perspective on alternative retail leases: Not your average retail lease

To avoid the so-called “tail wagging the dog,” rooftop owners can avail themselves of certain strategies in structuring rooftop lease deals to minimize risk. This article touches upon a few strategies, including reserve areas and relocation and recapture rights.

Owners Council Q&A: Lance Bergstein

The market has really ebbed and flowed over the last 12 months. There were spurts of positive progress coupled with deterrents. I think this recent rate cut will help the macro environment but many of the fundamentals have remained the same. As a whole, the country is in an interesting political environment, which is perhaps more impactful to the economy than raw economic data.

Join us Dec. 9 for The State of Redevelopment: Multifamily and Mixed-Use

Hear the latest in development, tenant demand and other trends in warehouse and logistics space.

NAIDB named leasing agent for 17,000 sq. ft. Bridgewater warehouse space

The owner of a nearly 17,000-square-foot warehouse space in Bridgewater has tapped NAI DiLeo-Bram & Co. as the property’s exclusive leasing agent.

Amazon, Uber Eats and Whole Foods walk into a lobby: From grandeur to groceries, the lobby has a new job description

From Journal Square to Paulus Hook, New Jersey’s Gold Coast is lined with stunning pre-war buildings that speak to a bygone era of craftsmanship, character and architectural grandeur. High ceilings, intricate moldings, brick facades and hand-laid parquet floors give these properties a timeless appeal, especially for developers and residents who value authenticity over uniformity. But restoring and reimagining these buildings for modern use — particularly in a way that makes them fully accessible — is one of the biggest challenges construction teams face today.

Developer launches sales at sweeping Southend Lofts project in Hoboken (SLIDESHOW)

Sales are underway at Southend Lofts, the collection of 110 upscale condominiums that is taking shape at a historic industrial complex in Hoboken.