JLL: Buyers wanted for North Jersey medical office, light industrial buildings

The owner of two medical office buildings and a light industrial property in northern New Jersey has put the portfolio on the market, in a newly announced offering by JLL.

DeMarco out after five years at Mack-Cali, as REIT names interim CEO

Michael DeMarco is out as CEO of Mack-Cali Realty Corp., the company announced, following a year-long proxy fight that saw activist investors win control of its board of directors.

BNE, local officials break ground on first phase of major redevelopment in South Amboy

BNE Real Estate has broken ground on a 291-unit residential building in South Amboy, the first piece of a sweeping waterfront redevelopment that will yield nearly 2,000 new apartments.

Newark approvals include tax abatement for second ‘Shaq Tower’

A proposed 370-unit apartment tower in Newark has secured a 30-year tax abatement, as city officials move to advance a series of planned developments despite the pandemic.

Second phase of JMF project in Plainfield set to welcome first residents

JMF Properties is just weeks away from welcoming its first residents to the second piece of a new luxury apartment complex in Plainfield, the developer announced this week.

Pennrose, Marketing Directors resume in-person tours at New Brunswick high-rise

The leasing team at a new 207-unit apartment tower in New Brunswick has resumed in-person showings, while still offering virtual options for prospective renters.

KBS, Newmark Knight Frank marketing Woodbridge office campus for sale

KBS is seeking a buyer for a six-building, 630,000-square-foot office complex in Woodbridge, according to the private equity real estate firm and brokers with Newmark Knight Frank.

Former LabCorp CEO gives $5 million for Saint Peter’s arena renovation

An arena and recreational center at Saint Peter’s University in Jersey City is in line for a makeover, thanks to a gift from one of its most distinguished alumni.

Cross-dock warehouse in Meadowlands on the market for sale, Meridian says

The owner of a Meadowlands warehouse with major expansion potential is seeking a buyer for the property, in a newly announced offering by Meridian Capital Group.

Jersey City: Leasing, occupancy timeline revealed for new 148-unit rental building

One of Jersey City’s newest luxury residential buildings is nearing completion, with the launch of leasing only weeks away and occupancy slated for soon thereafter.