Top News

NKF, Murray Construction detail revamp of Westfield office building (SLIDESHOW)

A brokerage and development team has unveiled plans to revamp a 70,000-square-foot office building in Westfield, offering a rare block of space in the town’s popular business district.

Taking the temperature of New Jersey’s economy and commercial real estate sector

We are now more than six months into the pandemic that shut down much of New Jersey’s economy in early March. I thought it would be a good time to pause to look at where we are in terms of recovering from the staggering unemployment and economic losses caused by the health crisis. There is some surprisingly good news, but it must be taken with a strong dose of caution.

CBRE tapped to market 5.5 million sq. ft. logistics park just outside New Jersey

A developer has announced plans for what it says will be the largest industrial park on the East Coast, where CBRE is marketing 5.5 million square feet just over the New Jersey state line.

Residential & Mixed Use

Hekemian & Co., city officials unveil new luxury apartments in Hackensack (SLIDESHOW)

A developer with deep ties to Hackensack has opened the doors to a new 254-unit luxury apartment building along one of the city’s main commercial corridors.

Blackstone, Hampshire tap JLL to market 215,000 sq. ft. industrial project in West Caldwell

A joint venture is proceeding with plans to build more than 200,000 square feet of new industrial space at the site of a former office building in West Caldwell, according to brokers with JLL.

Vantage RES named leasing agent at 150,000 sq. ft. Cherry Hill office complex

The owner of a 150,000-square-foot office complex in Cherry Hill has tapped Vantage Real Estate Services as its leasing agent.

Hospitality & Tourism

Buyer wanted for well-known Meadowlands hotel, JLL says

A well-known hotel in East Rutherford is on the market for sale, brokers with JLL announced, touting its highly visible location and the potential to convert it to a residential building.

Saxum launches cold storage platform, details new projects in key U.S. markets

Saxum Real Estate is making a major push into the cold storage sector, as it looks to tap into demand for an underserved segment of the industrial market.

Rockefeller Group breaks ground on 400,000 sq. ft. industrial project in Middlesex

Rockefeller Group has started construction on a new 400,000-square-foot distribution center, as it expands upon its recently built, 2.1 million-square-foot logistics campus in Piscataway.

SJP completes build-out for new Life Time co-working space in Bridgewater

SJP Properties is touting the debut of a new co-working space in Bridgewater, the latest addition to its 1.2 million-square-foot Somerset Corporate Center campus.