Featured

Denholtz taps Regus to manage 9,700 sq. ft. coworking space at new-look Red Bank building

Denholtz Properties has signed an operating agreement with Regus to manage a coworking space at a newly updated office building in downtown Red Bank.

Office

Vantage Commercial: Buyer of 6,000 sq. ft. Swedesboro commercial building eyes updates

New upgrades are coming to a 6,000-square-foot commercial building in Swedesboro after the recent sale of the property, brokers with Vantage Commercial announced Thursday.

Industrial

Faropoint adds 1.7 million sq. ft. in $105 million industrial deal in Jacksonville, Memphis

Hoboken-based Faropoint has added 1.7 million square feet of logistics space in the Southeast with a newly announced acquisition in Jacksonville, Florida and Memphis, Tennessee.

Hospitality & Tourism

Bailey details plan to transform Monmouth Park with residential, hotel and community spaces

Real estate magnate Morris Bailey has unveiled plans for a sweeping mixed-use development on some 80 acres alongside Monmouth Park, in a project that is decades in the making and long seen as a key to the future of the iconic Jersey Shore racetrack.

Finance & Capital Markets

Newmark: Hampshire adds JV partner in $300 million recap of 1.4 million sq. ft. light industrial portfolio

The Hampshire Cos. has closed on a $300 million recapitalization of a sprawling light industrial portfolio in northern New Jersey and other key areas, in a deal arranged by Newmark.

Residential & Mixed Use

Penn Properties sells 208-unit Camden County rental portfolio for $23 million, Berkadia says

Penn Properties has sold a 208-unit garden apartment portfolio in Gloucester Township for $23 million, in a newly announced deal by Berkadia.

Retail

TFE adds three-building, 93,000 sq. ft. retail property in Fair Lawn, in JLL-brokered deal

TFE Properties has expanded to Bergen County with its purchase of nearly 93,000 square feet of retail space on a 6.3-acre site in Fair Lawn, in a deal arranged by JLL.

Choosing the best sustainability software for your organization

Sustainability software is a valuable tool for organizations of all sizes to track, manage and report on their environmental, social and governance (ESG) performance. A sustainability software solution can help you to identify and assess your sustainability risks, set and track sustainability goals, perform scenario analysis to assess the impact of different sustainability strategies on your organization and allocate resources to achieve your sustainability goals.

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.

Residential & Mixed Use

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.