Led by Onyx Equities, the redesign of Newark’s Gateway Center will transform the complex’s streetscape and busy pedestrian concourse, but the project is equally tied to improving the buildings’ long-neglected mechanical infrastructure.
E-commerce users led the charge in fourth-quarter industrial leasing in New Jersey, setting up what could be another record-setting year for owners and developers of logistics space.
A joint venture has sold a well-known office complex in Hackensack for $123 million, in the largest of four year-end investment sales in New Jersey by CBRE’s institutional properties team.
Normandy Real Estate Partners has closed on two transactions under the federal Opportunity Zone program, as it touts a milestone in its effort to raise $250 million for such investments.
Gebroe-Hammer Associates completed nearly $2 billion in multifamily sales in 2019, citing unrelenting demand from investors and continued momentum at the start of 2020.
Bed Bath & Beyond Inc. has completed a $250 million sale-leaseback agreement spanning more than 2 million square feet of commercial space, in a step aimed at stabilizing the finances of the Union-based retailer.
Murphy Partners LLP, a Newark-based law firm specializing in commercial real estate, has added two veteran attorneys to form a new practice known as Murphy Schiller & Wilkes LLP.
A planned retail center in Wayne has joined the growing list of redevelopment projects in the municipality, thanks in large part to a locally based construction firm led by township residents.
Office tenants continued their flight to new and improved spaces as 2019 came to a close, furthering the case for landlords to upgrade or redevelop New Jersey’s aging stock of buildings.
As we wind down the year, we’re excited to bring you a recap of our top stories of 2019, including our most-read items and a few editor’s picks. You can catch up on our daily “best of” emails below. We will also keep you updated in the event of any breaking news.