Top News

Industrial
Prologis to add 9.6 million square feet in New Jersey with Duke Realty acquisition

Prologis Inc. will add nearly 10 million square feet to its New Jersey portfolio after agreeing to acquire Duke Realty Corp., in an all-stock, $26 billion transaction that spans more than 150 million square feet of combined industrial space in 19 major U.S. markets.

Residential & Mixed Use
New 33-story tower in Newark by Boraie, Shaq on track for spring 2023 delivery

Boraie Development has reached a key milestone in its construction of a 370-unit apartment tower in downtown Newark, with plans to debut the building next spring under its latest partnership with city native and basketball legend Shaquille O’Neal.

Residential & Mixed Use
Camden leaders focused on new housing, population growth after years of large corporate projects

After years of high-profile public and corporate development projects, Camden city officials say new housing is key to convincing the thousands of employees who now come to work in the city each day to also live there.

Retail
Goodwill eyes five new locations in N.J., N.Y. amid growing demand for sustainable fashion

Goodwill Industries of Greater New York and Northern New Jersey Inc. will open up to five new retail locations in the region to meet the continued demand for its services and the growing resale fashion market, the organization announced Monday.

Top News
Scholarship honoring late Hanover mayor awarded to two engineering students, JMF says

Two students at Whippany Park High School will split a $10,000 scholarship created to honor a former mayor of Hanover Township, with support from locally based JMF Properties.

Office
SJP, Scotto break ground on Valley Bank’s new 120,000 sq. ft. headquarters in Morristown

Construction is underway on Valley Bank’s future headquarters in Morristown, where it will lease 120,000 square feet of new office space built by SJP Properties and Scotto Properties.

Residential & Mixed Use
Skye Development welcomes renters to new 98-unit Bayonne property

A developer has welcomed its first residents to a new phase of luxury apartments in Bayonne, having recently unveiled 98 rental units alongside a building that it completed in 2019.

Residential & Mixed Use
BNE’s Station Bay in South Amboy more than 50 percent leased, developer says

Leasing has surged at a new 291-unit apartment complex that opened earlier this year along the Raritan Bay in South Amboy, developer BNE Real Estate Group announced this week.

Office
PTC Therapeutics takes 360,000 sq. ft. at Warren office campus in lease with Rubenstein, Vision

PTC Therapeutics has leased 360,000 square feet for a new corporate headquarters in Warren, in a deal that marks one of New Jersey’s largest office leases of the past decade.

Industrial
Penwood fund buys 276,000 sq. ft. Bordentown industrial building for $60 million

An investment manager has acquired a nearly 280,000-square-foot industrial building in Bordentown for $60 million, in a newly announced transaction by Cushman & Wakefield.