A soon-to-be-upgraded, 103,000-square-foot office building in Warren is more than 75 percent leased with the completion of two recent transactions by Newmark Knight Frank.
Industrial leasing slowed by lack of supply, fueling need for new deliveries
A lack of supply has kept a lid on leasing activity in New Jersey’s industrial market, as developers race to build new projects that would help meet the robust demand from tenants.
NAI Hanson, Van Houten marketing industrial flex building in Paterson
The owner of a 108,000-square-foot industrial and flex complex in Paterson is seeking a buyer, offering the potential for an adaptive reuse with the help of state and federal incentives.
Three new buildings coming to sprawling Lakewood industrial park
Construction is underway on three new warehouse and distribution buildings in Lakewood, the latest additions to a sprawling, master-planned industrial park that goes back decades.
Mack-Cali details Jersey City acquisition, sale in Boston as part of $820 million 1031 exchange
Mack-Cali Realty Corp. is selling two Boston-area properties for a combined $411.5 million as part of a 1031 exchange involving a recently acquired luxury apartment complex in Jersey City.
Developers continue focus on amenities, aesthetics to help tenants compete for talent
As hiring and human resources decisions drive corporate real estate selection more than ever, New Jersey developers are responding by designing spaces and amenities that meet those needs, while expanding their focus on the labor markets around their project sites.
Demographics and data inform sound decisions
Current and accurate data on population shifts and consumer spending enables the real estate industry, government officials and businesses to make informed choices on investments and resource allocation.
Russo delivers first phase of 1,250-unit rental project in Union
A rendering of a lobby at Vermella Union in Union — Courtesy: Russo Development By Joshua Burd Russo Development has opened the doors to the first piece of what will be more than 1,200 luxury apartments adjacent to Kean University…
NAI Hanson’s Troiano to be honored as a top woman entrepreneur, corporate leader
A longtime broker at NAI James E. Hanson has earned a prestigious honor from a networking organization that recognizes top achievements by women in business.
Penthouse at Asbury Park condo tower fetches $5 million
A penthouse at a new Asbury Park condominium tower has sold for $5 million, in a sign of strength for the ongoing revitalization of the city’s iconic waterfront.
