Duke, clothing importer ink 207,000 sq. ft. industrial lease in South Brunswick

Duke Realty Corp. has signed a new industrial lease in South Brunswick, securing a commitment for more than 200,000 square feet from an apparel importer.

Baltimore developer touts capital infusion, eyes summer delivery for first New Jersey project

A developer is detailing plans for a new luxury apartment project in Belleville, as it touts a $200 million capital infusion to expand into New Jersey and throughout the East Coast.

EDA to accept applications for reopened residential ERG program starting June 1

Residential builders seeking tax credits under the state’s relaunched Economic Redevelopment and Growth program can apply for the subsidy starting June 1, officials announced Tuesday.

Kokes Properties welcomes community manager for Riverside project

Kokes Properties has announced the hiring of a new community manager as part of the team for a 190-unit residential project under construction in Burlington County.

Industrial developers, it’s time to upgrade your contractors pollution liability policy

Institutional capital is abundant, and often times this capital is deployed to warehouse development opportunities to support global supply chains.

Camber taps NAI Mertz as leasing agent for South Jersey, Pennsylvania portfolio

The new owner of a 24-building, 1.24 million-square-foot industrial portfolio in South Jersey and Bucks County, Pennsylvania, has selected NAI Mertz as its leasing agent.

Like-Kind Exchange: What Real Property Can Do For You

The IRS recently released long awaited guidance on Sec. 1031 (like-kind exchanges) and defines what property qualifies for the deferred tax treatment. With the enactment of Tax Cuts and Jobs Act (TCJA), rules provide that no gain or loss is recognized on the sale or exchange of “real property” held in a trade or business or for investment. Prior to the TCJA, “personal property” (like automobiles, machinery or equipment) applied for the deferral. This change means a real estate investor recognizes gain to the extent of money and personal property ineligible for the tax deferral.

The Real Estate NJ events calendar

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

Planting the Seed for A Greener New Jersey: The Intersection of Legal Cannabis and Real Estate in the Garden State (Part 2)

The current version of the New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act, which was passed by the state Legislature on December 17, 2020, provides a framework for legalizing recreational cannabis in the state, including six different classes of licenses to be considered by those looking to enter the cannabis business marketplace. As we discussed in Part I in our series on cannabis, early identification of an ideal region and/or municipality for the proposed licensed premises is critical to success. However, there are a host of other factors and potential snags that an applicant must take into consideration before selecting a location.

Rutgers seminar to highlight housing affordability issues in New Jersey, Israel

An upcoming seminar co-hosted by the Center for Real Estate at Rutgers Business School will highlight the issue of housing affordability — both at home and abroad.