Construction is set to begin on a new eight-story, 548-bed residence hall at the New Jersey Institute of Technology’s campus in Newark, one that will create much-needed space for the university and repurpose the former site of an elementary school.
An investor has acquired more than 55,000 square feet of medical office space in Bergen County, under a transaction arranged by Colliers International.
A development team led by CHA Partners joined local officials recently to unveil a new CVS Pharmacy in Plainfield.
A dental practice is moving within Englewood Cliffs after signing a new lease for 1,100 square feet of medical office space, brokers with NAI James E. Hanson announced Wednesday.
A plastic surgery practice is expanding into New Jersey with its purchase of a medical office condominium in Ridgefield, according to brokers with NAI James E. Hanson.
The owner of a 203,000-square-foot office building in Clifton is refinancing for more than $35 million, following efforts to lease up the property after acquiring it in 2018.
A hospital system has acquired a former Sears building at a Burlington County mall, with plans to transform the structure into a 165,000-square-foot specialty care facility.
As we adapt to a new way of living and working amidst a global pandemic, the concept of adaptive reuse has been more attractive than ever. For commercial real estate, the strategy of repurposing empty, ubiquitous office space into profitable areas has been a game changer in reducing low occupancy rates and reviving development deals.
The New Jersey Institute of Technology is launching new education and research centers focused on real estate and entrepreneurship, following a gift from The Paul V. Profeta Foundation that amounts to the largest-ever donation to the Newark-based university.