RXR, Mack-Cali close on $368M office portfolio sale, HFF says

RXR Realty has completed the $368 million sale of six office buildings in Short Hills and Madison to Mack-Cali Realty Corp., according to HFF, in a high-profile trade involving one of the state’s most high-end suburban submarkets.

EDA approves $245M tax credit for new Camden office tower

State officials have awarded nearly $245 million in tax credits to spur a trio of prominent South Jersey companies to move to Camden as part of the city’s sweeping waterfront redevelopment.

Montclair OKs joint venture’s new rental project

Developers have received approvals to develop 46 upscale rental homes as part of a new boutique multifamily project in downtown Montclair, the joint venture said Thursday.

Onyx, NGKF look to capture demand for new office space in Morris County

A rendering of the planned upgrades at 340 Mount Kemble Ave. in Morris Township — Courtesy: Onyx Equities By Joshua Burd As Tim Greiner will tell you, there are two things that can’t be changed when an owner is renovating…

Zimmel: Somerset warehouse fetches $6.7M after upgrades

Zimmel Associates has brokered the sale of a Somerset County industrial building for the second time in 10 months, following a series of upgrades by the property’s outgoing owner.

C&W: Prism sells Bloomfield office park

Prism Capital Partners and an institutional partner have sold their flagship BroadAcres Office Park a decade after acquiring the four-building, 380,000-square-foot campus in Bloomfield.

For Westfield development team, a rare opportunity nears completion

The developers of the first modern, transit-oriented multifamily project in Westfield say they’re on track to open the doors of the 70-unit building by this spring. For the joint venture behind the luxury rental community, there’s no overstating the anticipation for delivering a project in one of the state’s most well-known, well-established downtowns.

Ripco: Fast casual chain eyes major growth in N.J.

An Asian-themed fast casual chain has made its debut in New Jersey and is now seeking to open a least a dozen more locations in the next three years, according to Ripco Real Estate.

Report: Bayonne retail project set to begin construction

A local developer is moving ahead with the bulk of a new project in Bayonne that will bring fast food, an auto parts store and other operators to what is now a vacant lot off Route 440.

Developers break ground on mixed-income project at historic Orange printing site

Ironstate Development Co. and The Alpert Group have started construction on a $33 million project that will bring 128 new apartments to an area at the border of Orange and West Orange.