AIA NJ architects look forward to 2024

With 2024 business in full swing, American Institute of Architects (AIA) New Jersey architects look forward to new opportunities across the state. We are focused on applying creative problem solving and visioning to help owners and developers maximize the investment value of their properties. We know that good design can add economic value for owners and benefit all project stakeholders.

Carteret approves plan for 78-unit luxury rental project, as borough’s redevelopment continues

A developer has secured local approvals for a plan that would bring 78 new apartments and ground-floor commercial space to a site near Carteret’s municipal complex.

ARB Parking adds four acres for additional lot near Newark Airport, Blau & Berg says

A parking lot operator has expanded its footprint near Newark Liberty International Airport with a new lease for more than four acres, brokers with The Blau & Berg Co. announced Monday.

Dental Associates takes 1,300 sq. ft. at Jersey City’s Heights Plaza, Lee & Associates says

A dental practice has leased nearly 1,300 square feet at a busy shopping center in Jersey City’s Heights neighborhood, in a deal arranged by Lee & Associates New Jersey.

Developers welcome first residents to 169-unit tower in historic Jersey City neighborhood

The first residents have arrived at a new 169-unit luxury apartment tower in Jersey City, following the launch of preleasing at the building last fall.

How to survive the commercial real estate industry in 2024

All of the industry conferences and panels I’ve attended over the last several months have one thing in common — in each, someone has uttered the phrase “Survive to ’25” or the Bee Gees variant “Stayin’ alive till ’25,” either seriously or perfunctorily, as nearly everyone in the commercial real estate market knows that 2024 is going to be a rocky year. Why? Each of the players in the venerable trifecta of tenant, landlord and lender is having problems of their own.

Accurate leases more than 70 percent of new 252-unit Bayonne rental building

Accurate is on the verge of another milestone at a new apartment building in Bayonne, where it has leased nearly three-quarters of the property’s 252 available homes.

Green revolving funds: Financing your next sustainability project

In an era characterized by increasing environmental concerns and the urgent need for sustainable practices, organizations across the globe are seeking innovative ways to reduce their ecological footprint. Green Revolving Funds (GRFs) have emerged as a powerful financial tool that not only helps businesses and institutions reduce greenhouse emissions but also promotes long-term sustainability and financial savings.

Onyx, NJM ink 53,000 sq. ft. lease for insurer’s new home in Parsippany

Onyx Equites has leased 53,000 square feet in Parsippany to NJM Insurance Group, securing another tenant for a newly renovated, five-building office campus off Route 202.

Middlesex retail center with new SuperFresh store fetches $8.6 million, NAIDB says

A private seller has completed its trade of a nearly 70,000-square-foot, grocery-anchored retail asset in Middlesex Borough, brokers with NAI DiLeo-Bram & Co. announced.