Prism Capital Partners has completed its 100th lease at a historic Thomas Edison factory complex in West Orange, where it has completed construction on 300 luxury loft apartments as the centerpiece of a high-profile adaptive reuse project.
State officials are hoping to spur action by municipalities that are home to Opportunity Zones, unveiling a grant offering to help local leaders strategize for the federal program.
Mack-Cali Realty Corp. has agreed to sell a 56-building, 3.1 million-square-foot office and flex portfolio for nearly $490 million, which it will use to pay down debt and fund its purchase of a Jersey City apartment building.
A Fort Lee-based bank is eyeing a major expansion in the borough, having acquired a 70,000-square-foot office building with plans to hire 250 new employees in the coming years.
A developer has teamed with a New York-based finance firm to launch a new Opportunity Zone fund platform, with a focus on mixed-use projects in central New Jersey.
Hollister Construction Services has completed its build-out of the new Jersey City headquarters of Nuts.com, a space that includes everything from swings and bleachers to a wall of dispensers with the company’s signature snack products.
Construction is underway at Quest Diagnostics’ new flagship laboratory in Clifton, a planned 250,000-square-foot facility that is slated to become the largest in its vast portfolio.
