Top News

Top News
NJIT launching real estate, entrepreneurship centers with gift from Profeta, its largest ever

The New Jersey Institute of Technology is launching new education and research centers focused on real estate and entrepreneurship, following a gift from The Paul V. Profeta Foundation that amounts to the largest-ever donation to the Newark-based university.

Government & Public Policy
EDA: Applications open for Emerge program, successor to key jobs-based tax incentive

The state Economic Development Authority is now accepting applications for the jobs-based tax incentive known as Emerge, the long-awaited successor to the Grow New Jersey program.

Retail
Burrito chain inks five new leases among recent deals by Pierson Commercial

A fast casual chain serving burritos and other Mexican-style items is adding five new locations in and around New Jersey, in a series of recent transactions by Pierson Commercial.

Events
NAIOP New Jersey to honor Klatskin, renames lifetime achievement award in father’s honor

NAIOP New Jersey has renamed its prestigious Lifetime Achievement Award in memory of the late Charles Klatskin, the pioneering developer and founder of Forsgate Industrial Partners, with plans to bestow the honor on his son at the association’s largest annual event.

Residential & Mixed Use
CHA, city officials mark debut of apartments, redevelopment of ex-hospital site in Plainfield

CHA Partners has unveiled a new 120-unit luxury apartment building in Plainfield, part of a master-planned redevelopment of the city’s former Muhlenberg Regional Medical Center.

Residential & Mixed Use
Developer, city officials detail additional plans for Newark stadium redevelopment

A developer and Newark city officials are offering new details about a plan to revitalize a former stadium property, including a focus on affordable housing and the use of union labor.

Office
Larken to build 19,000 sq. ft. of new office space at Branchburg site

Larken Associates has unveiled plans to build a new 19,000-square-foot professional and medical office building at an existing property in Somerset County.

Residential & Mixed Use
Liberty Science Center names developer for 400 apartments at ‘SciTech Scity’ project

The Liberty Science Center in Jersey City has tapped a New York-based developer to build 400 apartments on an adjacent property, with plans to market the units to entrepreneurs, teachers, students and others as part of a sweeping innovation campus alongside the facility.

Residential & Mixed Use
Developer touts continued interest at 79-story condo tower in Jersey City

The developer of a new 79-story condominium building in Jersey City is approaching 200 closings, as it rides continued momentum during the spring selling season.

Office
KBS sells 630,000 sq. ft. Woodbridge office campus for $88 million, with Newmark as broker

KBS has sold a nearly 630,000-square-foot office campus in Woodbridge for $88 million, in a transaction arranged by Newmark’s New Jersey-based capital markets team.