New Jersey office market shows ‘early signs’ of recovery in Q3, Collier says

The state’s office market took modest steps toward a recovery in the third quarter, as the pace of new listings slowed and as renewals helped sustain leasing activity in many locations.

March Construction breaks ground on Toms River retail center, with Brunelli as leasing agent

March Construction has broken ground on a new 12,600-square-foot retail center at 1882 Hooper Ave. in Toms River — Courtesy: March Construction/R.J. Brunelli & Co. LLC

Developer secures final approval for 500,000 sq. ft. mixed-use project in Hoboken, Jersey City

Local officials have cleared the way for a developer to break ground on what will be 500,000 square feet of new commercial and residential space at the border of Hoboken and Jersey City.

Fiserv to open 400,000 sq. ft. fintech hub in Berkeley Heights, with $109 million incentive

Fiserv Inc. has announced plans to lease more than 400,000 square feet for a new financial technology hub in Berkeley Heights, following the state’s approval of a seven-year, $109 million tax credit to encourage it to bring nearly 2,000 jobs to New Jersey.

Peak Construction details 133,000 sq. ft. industrial project in Millstone

A developer is bringing more than 130,000 square feet of new industrial space to a growing corridor along Route 33 in Monmouth County, according to the project’s contractor.

Russo launches leasing at phase two of Union project, offering 427 luxury rentals

Russo Development has launched leasing at a collection of 427 new apartments in Union Township, following the success of an earlier phase at a sprawling project along Morris Avenue.

Rockefeller says growth of in-house design, construction team has boosted project speed

In a time when industrial builders can’t deliver new space fast enough, those with in-house design and construction teams are finding ways to speed up the development process. The Rockefeller Group has honed that strategy in recent years with a series of key hires in the region. In the process, executives say the moves have also provided a leg up in the increasingly competitive and increasingly complex search for new sites.

JLL: Daycare, preschool center leases 14,000 sq. ft. at Hoboken office building

A new daycare and preschool center is coming to the base of a well-known office complex in downtown Hoboken, in a newly announced transaction by JLL.

Sponsor inks financing for 4,000 affordable housing units, using $850 million in tax credits

An investment firm has closed financing for $850 million in affordable housing tax credit properties, doing so through a trio of institutional funds.

Mack-Cali selling Jersey City office tower to Birch Group for $380 million

Mack-Cali Realty Corp. has agreed to sell a 42-story, 1.2 million-square-foot office tower in Jersey City to The Birch Group, reportedly for $380 million.