A mid-pandemic snapshot of the CRE industry

While there has been some gradual improvement in commercial real estate deal activity from earlier this year, nearly half of those taking part in a recent NAIOP survey believe the pandemic will significantly affect their business operations for at least another 12 months.

Design, construction firm touts start of 50,000 sq. ft. logistics hub in Piscataway

A design and construction firm has broken ground on a new industrial project in Piscataway, the future home of a locally based transportation and logistics company.

Pierson named leasing agent for Saxum-owned retail spaces in Montclair

Saxum Real Estate has tapped Pierson Commercial as its retail leasing agent for two mixed-use buildings in downtown Montclair.

Construction underway at two-building, 574,000 sq. ft. industrial project in East Windsor

A contractor is touting the start of a project that will bring more than 570,000 square feet of new industrial space to the Exit 8 submarket along the New Jersey Turnpike.

Somerset Development inks first office, retail leases at Bell Works Chicagoland project

Somerset Development has taken new steps in its plan to open a second Bell Works location, luring its first office and retail tenants to a 1.65 million-square-foot campus outside Chicago.

Leasing underway at new upscale apartments in Bogota

The builder of a new luxury apartment complex in Bogota has launched leasing at the property’s first phase, unveiling more than 300 homes and a host of upscale amenities.

Turnbridge, Harbor Group sell Parsippany industrial building for $85 million

A joint venture has sold a Parsippany industrial building for more than $85 million, marking the culmination of a two-year investment and turnaround for the 550,000-square-foot property.

Developers wanted for NJ Transit sites in Jersey City, Woodbridge

NJ Transit is seeking would-be developers for two sites, including property at the busy Metropark station in Woodbridge and a parcel near Liberty State Park in Jersey City.

A long time coming: After decades of growth nationally, Jersey Mike’s eyes major expansion in Garden State

Jersey Mike’s Subs has grown to nearly 2,000 stores across 48 states. It’s now experiencing its most significant growth to date in northern and central New Jersey — even as it grapples with the effects of the pandemic — with about 100 stores currently open north of Interstate 195 and another 60 locations in development.

Tenant interest in ‘hub-and-spoke’ model brings added focus to state’s new-look office stock

A growing number of New York City-based firms have considered short-term office space in the suburbs, in an effort to reduce density, keep employees closer to home and reduce their reliance on mass transit. The movement has provided landlords and brokers with a chance to showcase New Jersey’s growing stock of revamped and rejuvenated office buildings.