A joint venture has leased more than two-thirds of a new 208-unit luxury rental complex in East Rutherford, citing continued demand for suburban apartments in the midst of the pandemic.
PEEK Properties has launched leasing at its new 39-unit apartment building in East Orange, the latest addition to an area near the city’s main business district and its Brick Church train station.
Gov. Phil Murphy has signed into law a bill that would create a seven-year, $14 billion package of tax incentives for key businesses and development projects in the state.
Hartz Mountain Industries is planning some 515,000 square feet of new industrial space in Teterboro after recently completing a 30-acre assemblage along Route 17.
Bridge Development Partners is crossing the Delaware River for its latest expansion, unveiling plans for nearly 430,000 square feet of new industrial space in Pennsylvania’s Lehigh Valley.
Vacancy in the northern New Jersey office market grew for four straight quarters in 2020, even as a handful of industries showed the ability to withstand the effects of pandemic.
Honeywell International has offloaded its 465,000-square-foot former headquarters building in Morris Plains, selling the property to a Manhattan-based investment firm.