Technology

Government & Public Policy
NAIOP NJ unveils energy position paper, calls for state to slow timeline for full building electrification and focus on costs, grid reliability

State officials must slow the timeline for commercial buildings to become fully electrified, ensuring landlords will have reliable access to power and allowing policymakers to take a harder look at the costs and other hurdles to reaching that milestone by 2035.

Professional Services
Genova Burns’ Sheehan named co-chair of NJSBA renewable energy, climate committee

The New Jersey State Bar Association has appointed Genova Burns LLC attorney Kenneth Sheehan as co-chair of its Renewable Energy, Cleantech and Climate Change Committee.

Technology
A new wave of data center demand is coming to New Jersey, but supply may be tighter than ever

Demand for data center space in New Jersey is surging on the back of Big Tech and the artificial intelligence arms race. And while a lack of electrical capacity may keep a lid on new supply, the owners of existing facilities are now racing to expand their footprints.

Technology
Dialed up

It seems rare to have an asset class whose inventory has largely stood still for a decade or more, yet that’s been the story for the data center market here in New Jersey, as developers and users have flocked to…

Office
LeFrak sees Newport office building, with abundant power and industrial-style construction, as a key draw for AI players

In a time in which access to power is at a premium — thanks largely to the needs of Big Data and artificial intelligence — a historic building in Jersey City’s Newport district has emerged as a potential destination for technology firms and other players in the space.

Policy Page
New Jersey’s path to becoming a hub for advanced industries

New Jersey stands at a pivotal moment in its economic evolution. We’re presented with a unique opportunity based on consumer needs and federal priorities, including meaningful financial incentives. If New Jersey is to position itself as a hub for advanced industries such as data centers, energy storage and cold storage manufacturing, it needs to act.

Professional Services
AKF Group — MEP engineering firm with New Jersey presence — joins WSP Global

Professional services firm WSP Global Inc. has acquired AKF Group LLC, a New York-based mechanical, electrical and plumbing firm with a significant footprint in New Jersey.

Top News
JLL: Iconic former AT&T campus in Bedminster on the market for lease or sale to users in life sciences, technology

MetLife Investment Management has tapped JLL to reposition and market the nearly 1 million-square-foot former AT&T campus in Bedminster, providing what the brokerage team says is a prime opportunity for new users or a developer seeking to reinvent the property.

Office
Tech accelerator debuts 35,000 sq. ft. HQ in downtown Newark, eyeing ripple effect

A global venture capital firm has opened the doors to a new 35,000-square-foot facility in Newark that serves as a hub for developing tech startups across a host of industries.

Residential & Mixed Use
Going greener: From rainwater recycling to composting, apartment builders see a new frontier in sustainability

For some apartment developers, LED lighting and electric vehicle chargers just won’t do when it comes to sustainability. A handful of new rental projects in New Jersey are making that clear with more cutting-edge, eco-conscious features such as oversized green spaces, rainwater recycling and even an on-site composting system.