Top News

Residential & Mixed Use
Jersey City rental tower by Ironstate, KRE earns LEED certification

As renters flock to a new 46-story apartment tower in Jersey City, the U.S. Green Building Council has endorsed the project for its sustainable design and construction.

Office
KBS inks $311 million sale of six-building, 1.2 million sq. ft. office campus in Florham Park

An affiliate of KBS has sold a six-building, 1.19 million-square-foot office park in Florham Park for more than $300 million, in a transaction arranged by CBRE.

Top News
Former Normandy partners detail plans for new private equity firm

Having completed the sale of the Normandy Real Estate Partners platform, three of the firm’s former principals have offered a glimpse at their next business endeavor.

Event Coverage
Visceglia family, Prism’s Diaz among honorees at upcoming NAIOP gala

One of the state’s best-known commercial real estate families will receive NAIOP New Jersey’s lifetime achievement award this spring, headlining the honorees at the association’s annual gala.

Industrial
E-commerce train rolls on as industrial owners, brokers prepare for a roaring 2020

The economic engine powering the New Jersey industrial real estate market will continue to be the rapidly transforming retail sector, driven primarily by relentlessly rising demand from consumers for rapid home delivery of purchases, whether from online retailers or traditional but restructured brick-and-mortar retailers.

Residential & Mixed Use
East Orange luxury rental project nearly 100 percent leased, developer says

The developer of a distinctive new mixed-use building in East Orange has leased more than 95 percent of the property’s 180 luxury apartments.

Retail
Hoboken: Café chain opens new shop at Bijou apartment building

A coffee shop has expanded its footprint in Hoboken, debuting a new location on the ground floor of a recently delivered, luxury apartment building by Bijou Properties.

Office
JLL: Law firm commits to mixed-use project at ex-Mercedes-Benz site in Montvale

The redeveloper of the former Mercedes-Benz campus in Montvale has lured its first office tenant to the site, inking a 20,000-square-foot lease with an area law firm.

Residential & Mixed Use
Gebroe-Hammer closes $20 million in multifamily sales along Parkway corridor

Five apartment properties with a combined 117 units have changed hands in Essex, Union and Monmouth counties, in a series of newly completed deals by Gebroe-Hammer Associates.

Residential & Mixed Use
FREIT, Kushner Cos. agree to $266.5 million sale of 1,000-unit rental portfolio

A real estate investment trust is selling seven apartments properties in New Jersey and New York for $266.5 million, as the portfolio’s buyer continues to grow its suburban multifamily holdings.