Top News

Office
WCRE named leasing agent at Mount Laurel office building

The new owner of a 41,000-square-foot office building in Mount Laurel has picked Wolf Commercial Real Estate as the property’s leasing agent.

Industrial
Crow Holdings, partners launch construction at 1.2 million sq. ft. logistics park at Exit 8

A development group has started construction at the site of a planned two-building, 1.22 million-square-foot industrial campus near Exit 8 of the New Jersey Turnpike.

Office
Jersey City: Columbia unveils first phase of upgrades at 680,000 sq. ft. office tower

Columbia Property Trust has completed the first piece of a plan to overhaul its 680,000-square-foot office building in the heart of downtown Jersey City.

Finance & Capital Markets
JLL seeking buyer for ex-Sears store in Mercer County, touting redevelopment potential

The site of a vacant Sears building in Lawrence Township is on the market for sale, providing a redevelopment opportunity alongside a mall on Route 1.

Government & Public Policy
NJ Transit seeking proposals from four finalists in 12-acre Metropark redevelopment

State officials are seeking pitches from companies that have shown an interest in redeveloping 12 acres directly adjacent to the busy Metropark transit hub in Woodbridge.

Policy Page
CRE sentiment rises, but weighed down by construction cost challenges

Improving economic conditions have led to an improvement in the NAIOP CRE Sentiment Index, indicating both overall optimism and several ongoing concerns. However, respondents are now more pessimistic about construction costs than in any prior survey, and most expect construction labor costs to increase.

Office
Colliers named leasing agent at Woodcliff Lake office building

A landlord has tapped Colliers International as its leasing agent at a 118,000-square-foot office complex in Woodcliff Lake.

Residential & Mixed Use
Ironstate, Pegasus continue momentum at latest Harrison apartment building

A joint venture has leased more than three-quarters of a new 310-unit luxury apartment development in Harrison, signaling continued interest in the town’s revitalized riverfront.

Industrial
Diversified inks partnership with self-storage consultant, eyeing continued growth

Seeking to grow its development pipeline in the self-storage sector, Diversified Properties has formed a new partnership with a well-known consulting firm in the industry.

Events
‘Meadowlands Cup’ golf event aims to highlight, build support for destination-based economy

Slated for Aug. 2, the first-ever Meadowlands Cup golf event will bring together business leaders and raise funds to support the Meadowlands 2040 Foundation— with a list of sponsors and participants that includes some of the state’s biggest names in the commercial real estate, construction and service industries.