Blackstone 360 has debuted a new 70-unit luxury apartment tower alongside an existing property in East Orange, marking a new phase for its maiden project in the city.
Commercial real estate in New Jersey continues to draw investors and tenants at a robust pace, despite economic uncertainty, with even less-heralded asset classes such as office and retail showing signs of health in recent months.
State officials have approved Netflix’s bid to acquire nearly 300 acres at the former Fort Monmouth property, where it plans to build 12 soundstages totaling nearly 500,000 square feet and other facilities with a combined investment of more than $900 million.
A new 38-unit apartment building in Jersey City’s Bergen-Lafayette section is now more than 50 percent leased after hitting the market earlier this year.
The state has completed its sale of a 36-acre parcel at Fort Monmouth — the onetime home of a Cold War-era research complex — where plans call for a long-awaited, sprawling health care campus to be operated by Monmouth Medical Center.
Construction is progressing on a new 337-unit luxury apartment building in Jersey City’s fast-changing West Side neighborhood, the project’s general contractor said Monday.
Playa Bowls has continued its growth in the state with a franchisee’s new location in the Whitehouse Station section of Readington, according to Kraft Development II LLC.
Leasing is underway at Prism Capital Partners’ new 252-unit high-end apartment property in Dunellen, where the firm has brought new life to a former industrial site in the downtown.
The developer of a new 59-unit luxury apartment building in North Bergen is seeking a buyer for the property, brokers with RIPCO Real Estate announced Wednesday.
