Top News

Top News
Denholtz Properties rebrands as Denholtz, highlighting focus on investment management

Denholtz Properties, the real estate firm founded more than 70 years ago, has shortened its name as part of a rebrand announced Tuesday by its Red Bank-based team.

Residential & Mixed Use
LCOR breaks ground on 386-unit rental tower for sweeping ‘Hoboken Connect’ project

Construction is underway on the new 386-unit apartment tower that will mark a key private-sector component of a landmark, mixed-use project around Hoboken Terminal.

Office
Sheldon Gross named property manager for 26,000 sq. ft. office condo building in Fair Lawn

The owners of an office condominium building in Fair Lawn have tapped Sheldon Gross Realty to manage the nearly 26,000-square-foot property.

Residential & Mixed Use
Shorewood, city officials debut 280-unit rental building at Newark’s Ballantine Brewery site

Shorewood Real Estate Group has unveiled a collection of 280 apartments in Newark’s Ironbound section, bringing a new use to the once-iconic Ballantine Brewery site and setting the stage for additional projects in the historically industrial neighborhood.

Government & Public Policy
Towns challenging new affordable housing law detail latest strategy, eyeing Jan. 23 hearing

The coalition of towns seeking to block New Jersey’s new affordable housing law will soon have another day in court, having raised fresh concerns about the process that state officials will use to resolve zoning disputes and about a set of newly released regulations.

Office
Renovated 98,000 sq. ft. office building in Parsippany on the market for sale, JLL says

The owner of a nearly 100,000-square-foot office building in Parsippany is seeking a buyer for the property, where brokers are touting strong leasing momentum after a recent update.

Office
Camden officials tease plan for new 500,000 sq. ft. office tower at downtown transit hub

Public officials in Camden have unveiled plans for a new tower that would bring more than 500,000 square feet of office space to the downtown, part of a high-profile effort to revitalize the city’s Walter Rand Transportation Center.

Health Care
Petrucci: Construction underway on newest Aurobindo Pharma facility in East Windsor

J.G. Petrucci Co. Inc. has broken ground in East Windsor on a new facility for Aurobindo Pharma USA Inc., in what will be the latest piece of the drugmaker’s campus in the township.

Retail
LMC: Venus Jewelers debuts 5,700 sq. ft. shop, showroom at longtime home in Somerset

A jeweler has nearly doubled its footprint at a shopping center in Franklin Township, where it now occupies 5,700 square feet after a deal arranged by Levin Management Corp.

Policy Page
Optimism for CRE in the new year

Overhauling the Energy Master Plan is an opportunity for impacted stakeholders, like you, to help improve what is currently an unrealistic policy document that has done little to accelerate achieving its lofty goals. Perhaps most striking about the current EMP is it lacks an unbiased estimate of what it’ll cost ratepayers, including commercial real estate owners and tenants. Gov. Phil Murphy acknowledged this glaring omission when he announced the 2024 EMP will “seek to better capture economic costs and benefits, as well as ratepayer impacts.”