Onyx Equities and PCCP LLC have sold a Princeton-area shopping center, reportedly for some $42 million, following a major upgrade nearly a decade ago that helped boost occupancy at the nearly 219,000-square-foot property.
Making connections: How Morristown’s HQ Plaza will engage residents, visitors with new public-facing spaces
The renovation of Morristown’s landmark Headquarters Plaza will look to energize the sprawling concourse that connects three office towers, a Hyatt Regency hotel and a host of retailers and restaurants under the roof of the 1 million-square-foot complex. Not to be overlooked is the idea that the refreshed property will also engage the community in a way that it hasn’t in decades, taking cues from the town’s other recent redevelopment projects.
Going greener: From rainwater recycling to composting, apartment builders see a new frontier in sustainability
For some apartment developers, LED lighting and electric vehicle chargers just won’t do when it comes to sustainability. A handful of new rental projects in New Jersey are making that clear with more cutting-edge, eco-conscious features such as oversized green spaces, rainwater recycling and even an on-site composting system.