State Senate President Steve Sweeney last week came to the defense of New Jersey’s use of tax incentives — a recent target of Gov. Phil Murphy’s administration — while pledging to find a solution to extend and update the programs by the time they sunset on June 30.
The owners of the defunct Toys R Us chain have sold the retailer’s former 621,000-square-foot corporate headquarters in Wayne, brokers with CBRE announced.
Amboy Bank has closed on some $51 million in financing to help a former NFL player develop more than 400,000 square feet of retail and medical office space in Bordentown.
A buyer has paid $66 million to acquire a 400,127-square-foot office building in Parsippany, the site of a well-known effort to renovate and transition the property to a multitenant asset.
Two restaurants are coming to the high-profile, waterfront office tower in Camden that will become the headquarters of three influential South Jersey companies.
The Garibaldi Group has hired a veteran broker and consultant who will play a key role in the firm’s efforts to revamp and expand its real estate services platform.