Gov. Phil Murphy has signed into law a bill that could help resurrect so-called stranded assets across the state, allowing municipalities to provide new redevelopment incentives for vacant or underused shopping malls and office parks.
Commercial real estate services firms have increasingly sought to provide networking, mentorship and team-building resources available to their professionals within their ranks, aiming to stay competitive as employers and better promote diversity and inclusion.
Weiss Properties will develop 240 apartments, a 104-room Marriott Town Place Suites hotel and restaurant space at the intersection of Route 130 and Cedar Lane in Florence Township, the New Brunswick-based firm announced.
A new SB One banking center at a luxury condominium complex at Port Imperial in Weehawken has celebrated its opening with a community event and ribbon-cutting.
Home Depot will lease more than 1 million square feet from Duke Realty Corp. at a redevelopment site in Perth Amboy, occupying two buildings as the company seeks to overhaul its supply chain.
A developer is eyeing a fall groundbreaking for an additional 266 apartments in Union Township, following the lease-up of a 130-unit first phase that opened last year.
A redevelopment near the Orange train station is set to welcome a craft brewery as its latest retail tenant, marking a milestone for a municipality with deep roots in the beer industry.
A private equity fund is providing more than $25 million in capital for a new 203-unit senior living facility in Montvale, brokers with Cushman & Wakefield announced this week.