Gov. Phil Murphy has announced a long-awaited plan for a flood barrier at the southern end of Hoboken, although its location could threaten or dramatically alter a proposal to redevelop the rail yards alongside the city’s busy train terminal.
A national engineering firm with a plan to expand in New Jersey has opened its new 57,000-square-foot office in Woodcliff Lake.
Prism Capital Partners has completed the first phase of major infrastructure improvements at its ON3 campus in Nutley and Clifton, as it continues to ready the site for new tenants and additional construction.
Commercial real estate has been a driving force behind Mandelbaum Salsburg P.C., a law firm that has served as a steady hand to many of the state’s prominent multigenerational developers and is a multigenerational business in its own right.
A developer has reaped more than $16 million from the sale of a grocery-anchored retail complex and a medical office building in Warren County, brokers with HFF said.
Somerset Development has inked more than a dozen new office leases at Bell Works, the massive mixed-use campus at the former site of the Bell Labs complex in Holmdel.
Amenities, collaboration space and access to transportation will all remain important in the office sector, experts say, but those features must be increasingly focused on wellness, sustainability and energy savings. That’s not to mention diversity and the ability for employees to choose how they work.
How will Generation Z change or influence commercial real estate design? We assembled a panel of industry experts to tackle this month’s question.