Murphy signs permit extension bill, drawing praise from developers

Real estate industry advocates are cheering the passage of a state law to extend the timeline for governmental permits and approvals for projects that were stalled by the pandemic.

Plainfield planning board approves 14-unit apartment building, retail space

A proposal to build 14 new apartments and retail space near the Plainfield train station is moving ahead after being endorsed by the city’s planning board.

NKF: New Jersey office market stalls in Q2 as tenants grapple with COVID crisis

Office leasing in New Jersey slowed significantly in the second quarter, with renewals and extensions accounting for most of the activity as tenants navigated the coronavirus crisis.

Woodmont honored as top New Jersey workplace

Woodmont Properties has earned recognition as a top employer in New Jersey as part of an employee engagement survey conducted by a statewide media outlet.

Move-ins underway at 99-unit building in historic Jersey City neighborhood

A new 99-unit luxury apartment building in Jersey City has started to welcome its first residents.

CVS opens at Russo’s sprawling mixed-use project in Union

CVS Pharmacy has opened its doors at Russo Development’s new mixed-use property in Union, joining several other retailers serving hundreds of new apartments and Kean University.

Jersey City forges ahead with high-profile development pipeline, despite pandemic

While local officials across New Jersey have hit the brakes on large-scale projects, Jersey City has made a deliberate effort to keep its pipeline flowing since the start of the health and economic crisis, as many developers remain bullish on its booming residential market.

South Jersey bar operator adds new location, liquor license in Burlington County

A specialty bar and restaurant operator is expanding in South Jersey after acquiring a liquor license in Evesham Township, brokers with Vantage Real Estate Services announced.

In spite of it all

It was a busy spring, surprisingly so, and I know many of you would agree. I’ve seen it firsthand in the lease and sale announcements that have continued to hit my inbox these last three months, with many of them offering praise to the parties involved for getting the deal done in the midst of “challenging economic times” or “uncertain market conditions.” I know full well that much of the industry is still hurting. We won’t lose sight of that. But we will take the opportunity to highlight some of the positive things that are happening in spite of the pandemic.

R.J. Brunelli named leasing agent for Monroe shopping center

The owners of a grocery-anchored shopping center in Middlesex County have selected R.J. Brunelli & Co. as the property’s leasing agent.