NJ Transit seeks to ramp up role of real estate, development office, DOT chief says

State officials are seeking to “provide a stronger response” to developers looking to build around NJ Transit’s rail and bus stations, hoping to jumpstart a plan to monetize the agency’s vast but underutilized real estate portfolio.

Scotch Plains issues RFQ for long-awaited, mixed-use downtown redevelopment

Scotch Plains has kicked off its search for a developer that can bring new commercial, residential and civic spaces to its downtown, under a long-discussed plan by the municipality.

Harrison officials, developers unveil 381 new apartments at Urby complex

Local officials turned out last week to mark the opening of 381 new luxury apartments in Harrison, the latest addition to a sprawling rental community in the town.

Avison Young unveils new-look 31,000 sq. ft. office space at Terreno property in Elizabeth

Avison Young has completed a renovation of more than 31,000 square feet of office space in Elizabeth, where it worked on behalf of Terreno Realty Corp.

Newmark named leasing agent at 395,000 sq. ft. Bloomfield office park

The owner of a well-known office park in Bloomfield has hired Newmark as its leasing team for the four-building, 395,000-square-foot property.

Landlords detail sweeping plan to upgrade 141,000 sq. ft. Giralda Farms building

A joint venture has unveiled its multimillion-dollar plan to renovate a piece of the acclaimed Giralda Farms office campus, while tapping JLL to market the 141,000-square-foot property.

LEG set to break ground on 333,000 sq. ft. spec warehouse at Bayonne logistics hub

Lincoln Equities Group is set to begin construction on the latest piece of its new logistics campus in Bayonne, where plans call for another 333,000 square feet of speculative industrial space.

Prologis plans 185,000 sq. ft. logistics center after buying Mount Laurel office building

Prologis has purchased a Mount Laurel office building that it now plans to redevelop as nearly 185,000 square feet of modern industrial space, in a newly announced deal by CBRE.

BNE, local officials mark opening of 291 apartments in South Amboy

With leasing well underway, BNE Real Estate welcomed local officials this week to unveil its new 291-unit luxury apartment building along the Raritan Bay in South Amboy.

SJP, Scotto eye spring groundbreaking for new 120,000 sq. ft. Valley Bank HQ in Morristown

A development team is planning a spring groundbreaking for the new 120,000-square-foot office building in Morristown that will become the headquarters of Valley National Bancorp.