An industrial building in Somerset County has hit the market for sale or lease, brokers with Cushman & Wakefield announced Thursday.
CBRE: Appetite for new logistics space in New Jersey among nation’s strongest
Vacancy at newly delivered industrial buildings in New Jersey was among the lowest in the nation in 2019, in yet another sign of the ongoing demand for modern logistics space.
HMFA details $24 million tax credit round, eyeing 1,200 affordable units
Developers in New Jersey have until late July to apply for a share of $24 million in tax credits to help finance affordable housing, under a new timeline announced Wednesday by a state agency.
Vision unveils new lobby, roof deck at well-known Morristown office building
Vision Real Estate Partners has taken the wraps off its newly completed overhaul at an office building in downtown Morristown, where it has also debuted a series of new amenities.
Developers hail leasing milestone at 424-unit Hoboken tower
A new 424-unit luxury apartment building on the western edge of Hoboken is now 50 percent leased, a milestone that comes less than six months after a joint venture debuted the property.
Closings underway at condo tower in Jersey City’s Newport section
The first residents have moved into a new luxury condominium tower in Jersey City’s landmark Newport section, marking a milestone for a high-profile redevelopment on the Hudson River.
Waves of change bring opportunity to New Jersey’s suburbs
Jersey is looking better all the time — especially the suburbs. That’s my conclusion after reading a new Rutgers University report that provides an impressive amount of detail and analysis on economic, demographic and market trends which can help public officials plan for the future in ways that may help regenerate our suburbs and the overall state economy.
It’s full steam ahead for New Jersey’s industrial market
The New Jersey industrial real estate market has been a model of consistency for the past three years. So, it should come as no surprise that the market had another strong performance to close out the decade, as healthy demand for large blocks of space helped keep absorption positive for the 28th consecutive quarter.
Prism moves headquarters to flagship ON3 campus in Nutley, Clifton
Prism Capital Partners has relocated its headquarters to ON3, the mixed-use campus that it’s developing at the sprawling former Hoffmann-LaRoche campus in Nutley and Clifton.
Addressing affordable housing: Government leaders must adapt
After multiple Supreme Court decisions over 50 years, the creation of the Council on Affordable Housing and its subsequent power stripping by the Supreme Court in 2015, over 60,000 units of affordable housing have been created. So, does that mean that the battle over affordable housing in New Jersey is over? Nothing could be further from the truth.
