Featured – Real Estate NJ

Construction underway at 185-unit luxury rental project in Little Falls

A developer has kicked off construction at a new 185-unit multifamily complex in Little Falls, seeking to capitalize on a location near mass transit and minutes from area highways.

Office

Mack-Cali sells 155,000 sq. ft. office building in Parsippany

Mack-Cali Realty Corp. has sold another Parsippany office building, this time for nearly $13 million, as it continues its exit from New Jersey’s suburban markets.

Industrial

C&W inks sale of 100,000 sq. ft. Meadowlands industrial building

Sitex Group has sold a roughly 100,000-square-foot industrial building in Carlstadt less than two years after acquiring it, in a newly announced transaction by Cushman & Wakefield.

People

Saxum announces five new hires amid growing development pipeline

Saxum Real Estate has announced five new hires to help support the firm’s ongoing growth in New Jersey and nationally.

Professional Services

PS&S details new Warren headquarters, COVID safety strategy

Professional services firm PS&S has unveiled its new headquarters in Warren, where it has created a safe, socially distant setting with the flexibility to respond to the evolving health crisis.

Industrial

Developer closes on nine-acre industrial site in Burlington, WCRE says

A developer has acquired nine acres inside a Burlington industrial park, seeking to tap into the surging demand for warehouse and logistics space in the region.

Residential & Mixed Use

Piscataway: Developers launch leasing at 110-unit rental community

A joint venture has announced the launch of leasing at a new 110-unit luxury rental community in Piscataway.

Calendar

The Real Estate NJ events calendar

Your guide to the busy event circuit for New Jersey’s commercial real estate industry.

Office

SJP completes build-out for new Life Time co-working space in Bridgewater

SJP Properties is touting the debut of a new co-working space in Bridgewater, the latest addition to its 1.2 million-square-foot Somerset Corporate Center campus.

Life sciences breeding positive momentum in the New Jersey CRE market

The nation’s life sciences sector continues to expand, boosted by technological advancements, growing employment and a strong economy. While Boston and San Francisco remain the country’s main life sciences hub, their tightening inventory and constrained labor force has driven momentum south to the Garden State.