Top News

Industrial
Greek details 287,000 sq. ft. Philly warehouse project, fast-growing development pipeline

Greek Development has expanded its footprint to Philadelphia, with plans to build nearly 300,000 square feet of new industrial space, after one of several recent acquisitions and as part of a development pipeline that currently calls for more than 2.5 million square feet.

Residential & Mixed Use
TAY Investments breaks ground on 116-unit upscale rental project in East Orange

A developer has broken ground on a project that will bring 116 luxury apartments to a site just north of Interstate 280 in East Orange, adding to the city’s fast-growing stock of rental units.

Residential & Mixed Use
KRE, Russo launch leasing at final piece of sprawling luxury rental complex in Rockaway

Kushner Real Estate Group and Russo Development have unveiled the final piece of a new 345-unit luxury apartment complex in Rockaway Township, the firms announced.

Residential & Mixed Use
AMS unveils 96-unit luxury rental complex in East Brunswick

Development firm AMS Acquisitions has taken the wraps off a new 96-unit luxury apartment complex in East Brunswick, in the latest addition to its portfolio in the region.

Professional Services
Mancini Duffy extends lease, eyes growth at regional office in Millburn

Architecture and design firm Mancini Duffy has signed a seven-year lease extension at its Millburn office, as it eyes continued expansion in northern New Jersey.

Residential & Mixed Use
Accurate’s pipeline is surging, with an aggressive (but long-term) approach to development

Accurate has been prolific in building and lining up new multifamily development projects across New Jersey, having completed some 1,000 residential units since 2021 alone. It now has construction underway, approvals in place or sites under control to build another roughly 6,400 apartments and townhomes, including some 4,000 in Newark, with more to come.

Government & Public Policy
Murphy calls for five-year phaseout of liquor license cap, tax credit for existing holders

Gov. Phil Murphy has revealed new details of a proposal to update the state’s decades-old liquor licensing program, seeking to balance new economic growth with the interests of existing operators.

Residential & Mixed Use
Prism debuts two new apartment buildings at 252-unit Dunellen project

Prism Capital Partners has completed two additional buildings at a luxury residential development across from the Dunellen train station.

Hospitality & Tourism
Veris sells Port Imperial hotels for $97 million, completing exit from hospitality sector

Veris Residential Inc. has completed its exit from the hotel business after selling two Weehawken properties for a combined $97 million, the company announced this week.

Retail
Cervelli marketing 2,900 sq. ft. restaurant, retail space at new Jersey City building

A developer has hired Cervelli Real Estate as its leasing agent for a soon-to-be-complete restaurant and retail space in Jersey City’s McGinley Square neighborhood.