Top News

Government & Public Policy
Lennar to develop mixed-use town center at Fort Monmouth ‘gateway’ parcel, state says

State officials are detailing new plans for a town center development at the historic Fort Monmouth property, having agreed to sell a prominent 73-acre parcel to a Lennar Corp. affiliate.

Residential & Mixed Use
Development, project team eye groundbreaking for 170 apartments in Jersey City

A design and engineering team is highlighting its role in a two-building, 170-unit apartment project that is on the verge of breaking ground alongside a popular park in Jersey City.

Health Care & Education
Plan to acquire, relocate New Brunswick school in focus for $750 million cancer pavilion project

The developer of a proposed $750 million cancer center in New Brunswick is set to make its case to the city’s board of education, seeking to acquire a school property that it says is the ideal location for the sweeping health care facility.

Residential & Mixed Use
Developers hail fast start at 219-unit rental project in Rahway

A joint venture has opened the doors to a new 219-unit luxury apartment building in downtown Rahway, offering a new living option just blocks from the city’s train station.

Industrial
Developers set to begin vertical construction at 4.1 million sq. ft. Linden industrial park

A joint venture is nearing the start of construction for its first two buildings at a long-awaited, 4.1 million-square-foot warehouse and logistics park in Linden.

Industrial
C&W marketing 90,000 sq. ft. industrial building in Somerset County

An industrial building in Somerset County has hit the market for sale or lease, brokers with Cushman & Wakefield announced Thursday.

Residential & Mixed Use
Long Branch condo project more than 50 percent sold, with closings now underway

Closings are underway at a collection of beachfront condominiums in Long Branch, where a development and brokerage team has sold more than half of the property’s 57 homes.

Sponsored Content
Life sciences breeding positive momentum in the New Jersey CRE market

The nation’s life sciences sector continues to expand, boosted by technological advancements, growing employment and a strong economy. While Boston and San Francisco remain the country’s main life sciences hub, their tightening inventory and constrained labor force has driven momentum south to the Garden State.

Industrial
CBRE: Appetite for new logistics space in New Jersey among nation’s strongest

Vacancy at newly delivered industrial buildings in New Jersey was among the lowest in the nation in 2019, in yet another sign of the ongoing demand for modern logistics space.

Government & Public Policy
HMFA details $24 million tax credit round, eyeing 1,200 affordable units

Developers in New Jersey have until late July to apply for a share of $24 million in tax credits to help finance affordable housing, under a new timeline announced Wednesday by a state agency.