Landlords and developers are still reaping the rewards of New Jersey’s tight industrial market, where rents continue to rise well above average asking rates.
A newly enacted law allows New Jersey municipalities to assemble blighted properties within their borders, creating land banks that they can use to spur much-needed redevelopment.
A developer has broken ground on a 35-unit apartment building in East Rutherford, offering a location near Route 17 and midway between two Bergen County train stations.
The new owner of a 23-story office tower in East Brunswick has tapped Newmark Knight Frank as its leasing agent, offering new details about its plan to overhaul the well-known property.
Local officials have debuted the first piece of a new park on Hoboken’s western edge, which will complement a 14-story residential complex slated to open later this year.
The Garibaldi Group has taken the wraps off a new co-working and conference space at its Chatham headquarters, seeking to attract startups and entrepreneurs as part of a larger effort within the borough and the Morris County business community.
In less than five years, a Livingston-based firm that helps landlords manage their energy costs is now serving more than 80 million square feet of residential and commercial space from New Jersey to California, with a client list that is a who’s who of major owners and operators.
The long-awaited American Dream project has announced an opening date in late October, signaling that the massive entertainment and retail project may finally come to fruition.
