A joint venture is detailing plans for a 3 million-square-foot, mixed-use campus in Jersey City that it says will be a hub for life sciences, technology and medicine just outside Manhattan.
Mack-Cali Realty Corp. has sold four office buildings in Short Hills for $255 million, in a deal that marks another addition to the buyer’s fast-growing portfolio in New Jersey.
Sudler Cos. has delivered more than 200,000 square feet of new industrial space in upstate South Carolina as part of an ongoing expansion into the Southeast.
A luxury apartment complex near Princeton is on the market with a projected sale price of around $90 million, providing an opportunity for investors in the supply-constrained submarket.
Business leaders have secured nearly $700,000 in state funding for Atlantic City’s Chelsea neighborhood, supporting everything from streetscape improvements to outdoor fitness classes.
A development team has broken ground on a long-awaited plan to revitalize and reopen Paterson’s historic Hinchliffe Stadium, joining a host of public officials and retired baseball stars to mark the start of the $94 million project.
Experts say New Jersey faces a growing challenge: While it’s still a major draw for pharmaceutical research and development, speed to market has become increasingly important to life sciences users. That means the state’s lack of move-in-ready lab space — and its lengthy approval process for new construction — puts it at a disadvantage to competing markets.
A developer and restaurateur joined local officials last week to open a new IHOP in Newark, part of a mixed-use project that will also bring 84 apartments to the downtown.
A joint venture has leased up the first phase of a 338-unit apartment project in the Marlton section of Evesham, part of an ongoing mixed-use development along Route 70.