JLL suburban tristate capital markets team inks $4.7 billion in 2022 sales

Brokers with JLL’s suburban tristate capital markets team are forecasting a busy 2023 after a year in which they completed some $4.7 billion in sale transactions.

Wellness practice grows at Mission 50 co-working, office building in Hoboken

A holistic health and wellness practice is expanding its footprint in Hoboken as a tenant at the co-working and business center known as Mission 50.

Campbell set to begin $50 million renovation of historic Camden headquarters

Campbell Soup Co. is planning a $50 million overhaul of its iconic headquarters in Camden as part of a move to consolidate its office-based employees from outside New Jersey.

Diversified buys 10 acres in Jefferson slated for new upscale apartments

Diversified Properties has acquired nearly 10 acres in Morris County where it now plans to build 32 new apartments as the first piece of a multiphase redevelopment.

Rutgers launches study on parking usage at multifamily sites, seeking updated state guidelines

The Rutgers Center for Real Estate has launched a study that it hopes will capture real-time data on parking usage at residential properties in New Jersey, as it pushes for updates to the decades-old standards that towns and cities use to guide land use and redevelopment.

Sale of 150-unit Central Jersey rental complex caps $1.47 billion year for Gebroe-Hammer

A garden-style apartment complex with more than 150 units has changed hands in central New Jersey, in a deal arranged by Gebroe-Hammer Associates, capping a year in which the firm brokered nearly $1.5 billion in multifamily investment sales.

Woodmont, EverWest detail renovation, expansion of South Brunswick warehouse

Construction is underway on a plan to overhaul and expand a South Brunswick industrial building, under a project by Woodmont Industrial Partners and EverWest Real Estate Investors.

Adaptive reuse project in Princeton brings housing, retail to former Nelson Glass property

A plan to bring new apartments and retail space to the site of a historic business in Princeton is now complete, according to a team with Joshua Zinder Architecture + Design.

Azarian boasts record growth in 2022 fueled by new leasing, management assignments

Azarian Realty Co. is riding high after record growth in 2022, thanks to more than 60,000 square feet of leasing activity and the addition of 75,000 square feet to its management portfolio.

Fields Grade, Alpine top out 169-unit multifamily tower in Jersey City

Developers have completed vertical construction of what will become the tallest building in Jersey City’s burgeoning Bergen-Lafayette neighborhood near Liberty State Park.