EDA reboots grant program to help municipalities rescue stranded malls, office parks

The state Economic Development Authority has relaunched a funding program aimed at helping suburban communities repurpose underutilized retail or office park properties.

Revival of iconic Paterson stadium on the horizon, with hometown developer at the helm

A plan to restore and reopen Paterson’s historic Hinchliffe Stadium is now within reach, as the project moves ahead under a team led by a hometown developer, in an effort that will also honor the site’s history as a Negro League baseball stadium. The mixed-use project could even become a focal point for redevelopment in Paterson, which has lagged behind other large New Jersey cities that have seen high-profile, public-private revitalization efforts.

Developers near completion of 242-unit rental project along Harrison waterfront

Three development firms with deep ties to Harrison are set to unveil their latest project in the town, as they prepare to deliver 242 luxury apartments along the Passaic River.

Gebroe-Hammer touts Q1 apartment sales totaling $490 million, spanning 4,000 units

Gebroe-Hammer Associates is off to a strong start in 2021, touting the sale of more than 4,000 apartments in the first quarter with a combined value of nearly $500 million.

Announcing NAIOP New Jersey’s annual gala honorees

It’s always exciting when NAIOP New Jersey unveils the honorees at its annual gala, a must-attend event in the state’s commercial real estate industry. Slated for later in the calendar, on Oct. 7, in hopes that we can all actually gather in person, this year’s program is headlined by Peter D. Sudler of Sudler Cos. and the talented team at Gensler, who will receive the association’s Impact Awards.

Crow Holdings details plans for 1.2 million sq. ft. industrial park in Carteret

Crow Holdings Industrial has acquired 126 acres along the New Jersey Turnpike in Carteret, where it plans to develop a three-building, 1.2 million-square-foot industrial park.

Camber taps NAI Mertz as leasing agent for South Jersey, Pennsylvania portfolio

The new owner of a 24-building, 1.24 million-square-foot industrial portfolio in South Jersey and Bucks County, Pennsylvania, has selected NAI Mertz as its leasing agent.

Buyer wanted for fully leased, 295,000 sq. ft. industrial building in 8A submarket

The owner of a fully leased, 295,000-square-foot industrial building in South Brunswick has put the property on the market, according to JLL’s New Jersey capital markets team.

Larken names new director of human resources

Larken Associates has hired a new director of human resources to support its continued expansion, the Branchburg-based real estate firm announced Wednesday.

Bronsnick to leave SJP Properties after nine years

Peter Bronsnick, SJP Properties’ president for the New Jersey region and a well-known commercial real estate executive in the state, is leaving the company after nearly a decade.