Top News

Finance & Capital Markets
Father and son thriving together as part of JLL capital markets team in New Jersey

JLL’s New Jersey-based capital markets team includes a rare father-son combination among commercial real estate brokers, part of an office that remains a leader in the state and has only expanded its reach over the past year.

Office
Colliers named leasing agent at two-building 145,000 sq. ft. office campus in Morris County

The owner of a two-building, 145,000-square-foot office complex in Florham Park has appointed Colliers International as its leasing agent for the property.

Finance & Capital Markets
Vision, Rubenstein sell Warren office buildings for $150 million, JLL says

An investment group has purchased a two-building, 316,000-square-foot office portfolio in Warren for more than $150 million, in a transaction arranged by JLL.

Residential & Mixed Use
Blue Onyx breaks ground on 78-unit project alongside existing East Orange apartments

Development firm Blue Onyx Cos. has broken ground on a new apartment building in East Orange, expanding its footprint in the city after having revitalized an adjacent property.

Health Care & Education
Construction firm touts new assisted living projects in Central Jersey, Long Island

A construction firm is marking the completion of two assisted living facilities in the region, including a 114-bed property in Union County.

Retail
Burlington opens 47,000 sq. ft. store at Secaucus’ Harmon Meadow

Burlington Stores has opened its doors at a Secaucus shopping center, where it has backfilled the onetime home of a Sports Authority.

Residential & Mixed Use
NJIT, developers break ground on 548-bed residence hall in Newark

Construction is set to begin on a new eight-story, 548-bed residence hall at the New Jersey Institute of Technology’s campus in Newark, one that will create much-needed space for the university and repurpose the former site of an elementary school.

Events
United Way honors Gateway team, JLL’s Greiner at annual fundraiser

The state’s commercial real estate sector renewed its support of the United Way of Northern New Jersey, raising more than $250,000 in a program that showcased plans to transform Newark’s flagship office complex, while recognizing a top broker with JLL.

Residential & Mixed Use
New two-building, 126-unit apartment complex in Hackensack on the market for sale

A developer is seeking a buyer for a newly completed, 126-unit luxury apartment complex at the site of a historic bank tower in Hackensack, according to brokers with Walker & Dunlop.

Policy Page
The future of office work has arrived

The economic rebound is fueling job growth in office-using sectors, which comes as the state lifts requirements that employers accommodate telework arrangements. Now that the future has arrived, I am sure that all employers would agree that employees are the most critical resource for success. Striking the right balance for the new workplace will likely be case-sensitive, and will no doubt take some time and a great deal of patience.