The Stro Cos. has added to its holdings in North Jersey with the acquisition of a 141,000-square-foot office and data center facility in Florham Park.
A trade group for technology firms and entrepreneurs in New Jersey has tapped a well-known commercial real estate executive to lead a newly formed innovation committee.
A locally based corporate dining services provider has secured a new partnership with a company that offers contactless buying platforms in commercial and residential locations.
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.
The Liberty Science Center in Jersey City has tapped a New York-based developer to build 400 apartments on an adjacent property, with plans to market the units to entrepreneurs, teachers, students and others as part of a sweeping innovation campus alongside the facility.
Data center vacancy in the tristate area reached an all-time low in 2020, according to CBRE, thanks in part to demand fueled by cloud providers, health care and financial institutions.
With some office workers returning to work in New Jersey, landlords have taken steps to keep them safe and healthy in their buildings. Those steps involve not only physical upgrades and new on-site technology, but the use of apps and digital platforms aimed at keeping employees informed, engaged and connected.
Landlords and technology firms say tools such as smart meters, sensors and cloud-based platforms can help reduce a building’s carbon footprint, which can come with the equal or greater selling point of cost savings on energy.
At Wiss, we are very pleased to partner on this very first feature on proptech and innovation in the premier real estate publication and website in New Jersey. Not only is real estate one of the core industries we serve, it’s an industry that’s ripe for technological evolution. And we are keen about helping those in the real estate and property sector see how proptech can help them thrive.