Market Sectors

New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.

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PHOTOS: USGBC NJ members’ tour of Panasonic’s Newark headquarters

The U.S. Green Building Council of New Jersey recently hosted a members’ tour of Panasonic Corp. of North America’s state-of-the-art, 340,000-square-foot office tower in Newark.

Office
High-profile adaptive reuse project quickly taking shape in Newark

While Ironside Newark is still months away from completion, Edison Properties is moving quickly toward achieving its vision for the adaptive reuse project.

Professional Services
New principals, senior associate among Minno & Wasko promotions

Design firm Minno & Wasko has announced three new promotions.

Office
Hollister completes 13,000 sq. ft. HQ for Newark bank (SLIDESHOW)

A community bank has become the first commercial tenant at the rehabilitated Hahne & Co. building in Newark, following a build-out completed by Hollister Construction Services.

Office
Toronto firm buys 264,000 sq. ft. office complex in Morris Co.

An investment firm based in Toronto has acquired a 264,000-square-foot office complex in Rockaway, brokers with HFF announced Wednesday.

Retail
Jeffery Realty: Edison retail center fully leased, slated for upgrades

Major upgrades are coming to a 103,000-square-foot shopping center in Edison, which is now fully leased after a recent commitment by a national eye care chain.

Professional Services
Voorhees site eyed for redevelopment, Vantage RES says

An area real estate firm has acquired a property along one of Voorhees’ main business corridors, with plans to demolish an existing building to make way for new development.

Finance & Capital Markets
Procida: $58 million funding deal spurs Philadelphia opera house rehab

A developer is set to restore the historic Metropolitan Opera House in Philadelphia with the help of $58 million in financing arranged by Procida Funding, an Englewood Cliffs-based firm.

Professional Services
USGBC NJ seeking nominations for annual green building awards

The U.S. Green Building Council of New Jersey is calling for nominees for its annual gala awards, which honor outstanding achievement in green building and sustainability.

Hospitality & Tourism
Holmdel OKs plan for rooftop hotel at Bell Works

Local officials have cleared the way for Somerset Development to build a new 200-room hotel atop Bell Works, its adaptive reuse of the iconic Bell Labs complex in Holmdel.