Bill to allow third-party code inspections awaits action by Murphy

Commercial real estate leaders are awaiting the fate of a bill that would allow building owners in New Jersey to hire third-party, private-sector professionals to obtain faster code inspections.

Citizens to acquire Investors Bancorp for $3.5 billion

Citizens Financial Group Inc. has agreed to acquire Investors Bancorp Inc., the Short Hills-based lender and a major player in recent years in New Jersey commercial real estate finance.

New 72,000 sq. ft. flexible workspace offering coming to Bell Works

Somerset Development is seeking to lure medium-sized businesses to its Bell Works complex, unveiling plans to create 72,000 square feet of flexible workspace at the Holmdel property.

Gebroe-Hammer rides multifamily momentum, inks $917 million in first-half sales

Investor demand for New Jersey apartments has only intensified, fueling nearly $1 billion in multifamily sales by Gebroe-Hammer Associates in the first half of 2021.

Newmark named leasing agent at Newark’s 80 Park Plaza

An ownership group has tapped Newmark as its leasing agent at a well-known, 973,000-square-foot office building in downtown Newark.

JLL: Buyer wanted for 632-unit luxury rental property near Princeton

A collection of more than 630 apartments just outside Princeton is on the market for sale, with the potential to command offers around $200 million.

Birch Group buys Princeton-area office buildings for $47 million, expanding portfolio

An investment firm has added to its collection of high-end suburban office buildings in New Jersey, acquiring a two-building, 213,000-square-foot portfolio in the Princeton submarket.

Dartcor, longtime leader in corporate dining, will play key role in return-to-work plans

Based in Morris County, Dartcor offers high-end cafeteria menus, grab-and-go markets, pantries and coffee options for office buildings in the region. And, with a return to work on the horizon for many businesses, its services could be as important as ever.

Prism wins key approval to bring Marriott AC, Element Hotel to ON3 campus

Prism Capital Partners has secured final site plan approval to build a 266-room hotel in Clifton, as it looks to further expand the mix of uses at its flagship ON3 campus.

Nuveen, Ware Malcomb detail planned upgrades at 440,000 sq. ft. Princeton campus

A global real estate manager has unveiled plans to modernize a two-building, 440,000-square-foot office complex in the Princeton Forrestal Center campus.