Murphy, lawmakers expand tax credits for digital media projects

A new law is set to expand New Jersey’s popular film and digital media tax credit program, further bolstering an industry that has attracted some commercial real estate owners.

Real Estate NJ’s 2022 Market Forecast

Every year has its ups and downs. Every market has highs and lows. Both were true when it came to New Jersey’s commercial real estate sector in 2021, a year that marked ongoing dominance for some asset classes, as COVID-19 continued to loom over others. Whether those trends endure in 2022 remains to be seen, but we’ve recruited some of the industry’s most prominent developers, service providers and insiders to help set the stage. You can find their predictions, insights and more in our special 2022 Market Forecast.

Fennelly: Buyer wanted for 50,000 sq. ft. R&D, manufacturing complex in Plainsboro

The owner of a pharmaceutical research and manufacturing complex in Plainsboro has put the property on the market for sale, brokerage firm NAI Fennelly said Tuesday.

Fast-growing Jersey City tech firm shows need, potential for post-pandemic office space

The look, feel and function of the post-pandemic workplace is still uncertain, but a technology firm’s recent expansion in Jersey City is a reminder of why companies will still need office space going forward.

Storied law firm Mandelbaum Salsburg changes name

A well-known law firm with deep ties to New Jersey’s commercial real estate industry has changed its name.

NJ Transit awards contract, initial funding to begin Newark Penn Station upgrade

NJ Transit has awarded a key contract that it says will help kick off its long-awaited, $190 million restoration and upgrade of Newark Penn Station.

Woodmont breaks ground on 120-unit luxury rental complex in Warren County

Woodmont Properties has broken ground on its latest multifamily project, with plans calling for 120 luxury apartments just west of Hackettstown in Warren County.

BRC named leasing agent at 207,000 sq. ft. Somerset industrial building

The owner of nearly 210,000 square feet of industrial space in Franklin Township has tapped Bussel Realty Corp. as its leasing agent.

Atkins announces upgrades at 120,000 sq. ft. medical office building in West Orange

Atkins Cos. has kicked off its renovation of a 120,000-square-foot medical office building in West Orange located across from the Cooperman Barnabas Medical Center.

CSG, Cushman detail plans for law firm’s new 109,000 sq. ft. HQ in Roseland

A major renovation is coming to a Roseland office building in conjunction with a newly announced, 109,000-square-foot lease by law firm Chiesa Shahinian & Giantomasi PC.