Somerset Development has completed the sale of 15 acres in downtown Somerville to AvalonBay Communities Inc., paving the way for the construction of 374 apartments and other uses that will anchor a long-awaited redevelopment project.
A developer and its leasing team have filled more than two-thirds of a new flex commercial building in Morris Plains, with a mix that includes both life sciences and recreation users.
Russo Development is nearing completion of a project that will bring close to 300 new apartments to a site that is just steps from NJ Transit’s Garwood train station.
State officials have unveiled plans for a $190 million overhaul of Newark Penn Station, drawing cheers from the developer that is transforming the landmark Gateway office complex nearby.
With e-commerce sales and returns expected to hit record levels this holiday season, demand for industrial space is only slated to grow amid the need for reverse logistics space.
BNE Real Estate Group is hailing a fast start at its new apartment building in Teaneck, where renters have leased nearly two-thirds of its 228 luxury units.
