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Policy Page
Mobility trends are transforming real estate: Are we prepared?

Autonomous vehicle (AV) development is advancing quickly and will be here before you know it. With widespread adoption, AVs have the potential to substantially reshape transportation patterns and real estate demand. Municipal governments, through land use regulations and zoning, will play an important role in determining how transportation and land use evolves.

Professional Services
PS&S announces major expansion, acquisition of Wall-based consulting firm

PS&S has acquired a Wall-based professional consulting firm, marking a major addition to its team of architects, engineers, designers and environmental practitioners in the region.

Government & Public Policy
NJ Transit names new chief of real estate, development for TOD parcels

NJ Transit has tapped a former real estate investment trust executive as its first-ever head of real estate and development, seeking to spur new revenue streams and revitalize the many underused parcels around its train stations.

Professional Services
Hamilton architecture firm expands, acquires Camden practice

A Hamilton-based design and planning firm has expanded its footprint and bolstered its offerings with the acquisition of a Camden-based practice.

Residential & Mixed Use
Plainfield: Paramount breaks ground on 70-unit project near train station

Paramount Assets has launched construction for a project that will bring dozens of new luxury apartments and retail space to an area near one of Plainfield’s train stations.

Retail
National developer unveils 186,000 sq. ft. Walmart in Linden

A developer has opened the doors to a new Walmart Supercenter in Linden, the first piece of a planned 350,000-square-foot shopping center along Route 1 and 9.

Office
KABR touts 235,000 sq. ft. extension by Samsung, success of Ridgefield Park campus

The KABR Group is hailing its recently completed lease extension in Ridgefield Park with Samsung’s U.S. subsidiary, in a deal that comes 10 years after the electronics giant helped seal one of the first high-profile, post-recession turnarounds of a New Jersey office building.

Office
Meadowlands chamber unveils new headquarters, meeting space of the future

The Meadowlands Chamber has opened the doors to a new headquarters and visitors center in Lyndhurst, debuting a space with high-end technology and modern meeting rooms that will help expand the resources for businesses in the region.

Residential & Mixed Use
Jersey City, developers eye 1.5-acre park space for new residential neighborhood

Developers and local officials have broken ground on a new $2 million park in Jersey City that will look to be a focal point for an emerging residential neighborhood.

Residential & Mixed Use
Gebroe-Hammer touts apartment deals in Bergen, Passaic totaling $154 million

The original developer of a Wood-Ridge apartment building has sold the complex, in one of several newly announced transactions by Gebroe-Hammer Associates.