EDA to launch municipal planning grant program for ailing office, retail buildings

The state has taken a new step to support municipalities seeking to tackle the issue of vacant or underused commercial and retail properties in their towns, under a new planning grant program announced Thursday by the Economic Development Authority.

Developer launches $20 million affordable housing rehab in East Orange

A developer has kicked off a $20 million rehabilitation of a 180-unit former public housing complex in East Orange, under a partnership with the city’s housing authority.

Prism debuts apartments at historic Edison complex in West Orange (SLIDESHOW)

Prism Capital Partners has taken the wraps off its new apartments at Edison Village, an industrial-to-residential conversion of the historic Thomas Edison complex in West Orange.

Bridge, local officials hail start of 4 million sq. ft. industrial park in Warren County

Bridge Development Partners has broken ground on its largest project in New Jersey to date — a 4 million-square-foot logistics park spanning Phillipsburg and Lopatcong along Route 22.

Hoboken details revised hotel plan with $4.5 million in community givebacks, union labor

A developer seeking to build a new waterfront hotel in Hoboken has pledged $4.5 million in community investments, under a deal that city officials say could be a model for future projects.

C&W marketing 135-unit rental portfolio in Woodbridge area

A seven-building, 135-unit apartment portfolio in Central New Jersey is on the market, Cushman & Wakefield announced, touting the potential for continued rent growth in properties that are less than five years old.

Big-box industrial deals pile up in Q3

New Jersey industrial landlords have inked a flurry of big-box leases in recent months, Cushman & Wakefield said, driving nearly 9 million square feet of deal volume during the third quarter.

Tulfra acquires Cranford site, plans redevelopment

Tulfra Real Estate has acquired a defunct industrial property in Cranford that it now plans to redevelop as a QuickChek store.

Value Cos. picked to manage recently sold, 100-unit Bridgewater complex

The new owner of a 100-unit rental community in Bridgewater has tapped Value Cos. to oversee leasing and management of the property.

With decades of history, a close-knit team has guided Blau & Berg’s continued growth

The Blau & Berg Co. has more than doubled the size of its sales team over the past five years alongside a major increase in revenue — growth that has been guided largely by its family roots and a feeling of shared responsibility.