Top News

Leasing underway at 250-unit Newark Urby project

A luxury apartment brand’s debut in Newark is officially underway with the launch of leasing at the site of a newly restored and expanded tower in the city’s downtown.

Office

Signature Acquisitions debuts rooftop solar across 16 New Jersey office buildings

Signature Acquisitions has installed a 3.75-megawat solar energy system covering more than 200,000 square feet of rooftop across 16 office buildings in New Jersey.

Government & Public Policy

NAI Hanson: Township acquires, preserves would-be development site in Hunterdon County

The Hunterdon County township of Raritan is preserving 48 acres near Route 202 after acquiring the property, according to a broker with NAI James E. Hanson.

Industrial

Prologis adds 8.3 million sq. ft. in New Jersey, with more to come after Duke Realty deal

Prologis Inc. has added more than 8 million square feet of industrial space in New Jersey with its newly completed acquisition of Duke Realty Corp., with nearly 3 million square feet still to come via development in progress and buildable land sites.

Finance & Capital Markets

PGIM Real Estate commits $150,000 to nonprofits focused on racial equity, social justice

PGIM Real Estate has announced several new partnerships aimed at bolstering the firm’s commitment to supporting racial equity and social justice in the U.S.

Plan for 1.2 million sq. ft. studio, hospitality complex in Carteret wins key approval

A sprawling project that would bring film and television studios, hotel rooms and restaurants to a former industrial site in Carteret is moving forward after securing a key local approval.

Industrial

High-end self-storage facility opens in Woodbridge, Tokarski Millemann Architects says

A new 126,000-square-foot self-storage facility has come to Woodbridge as part of a project team that includes Wall-based Tokarski Millemann Architects, the firm announced.

Residential & Mixed Use

W&D: Luxury apartment building near Harrison PATH train on the market for sale

Russo Development is seeking a buyer for a nearly 400-unit luxury apartment property in Harrison, under a newly launched offering by Walker & Dunlop.

Features

Nonprofit eyes rehab, expansion of Trenton home as permanent hub for living and learning

A nonprofit serving marginalized high school girls in Trenton has purchased a three-story house in the city that it now hopes to renovate into a permanent dwelling for the organization, one that would nearly quadruple its student population, while bringing its team of educators and administrators under one roof.

Residential & Mixed Use

Investor sells 115-unit garden apartment portfolio in Newton for $22 million, Kislak says

An investment firm has sold a three-property, 115-unit apartment portfolio in Sussex County for more than $22 million, in a newly announced deal by The Kislak Co. Inc.