Top News

Retail
Toys R Us set to liquidate in New Jersey, nationwide

Nearly 30 remaining Toys R Us stores in New Jersey are among more than 700 that will likely close or be sold nationwide, as the chain succumbs to a decline fueled by competition from e-commerce and its crushing debt burden.

Residential & Mixed Use
Montclair apartment building hits leasing milestone

A newly built, 40-unit luxury apartment building in Montclair is fully leased.

Industrial
Advance, Greek buy 350-acre industrial tract in Linden

Advance Realty and Greek Development have partnered once again, acquiring a 350-acre site in Linden that they say is now primed to become a large industrial park.

Residential & Mixed Use
Developer set to begin ‘smart home’ apartments at NJCU campus project

For an apartment complex that will be built on university-owned land, the concept of a smart home seems all too fitting. That will be the case for a new 144-unit project by KKF Enterprises, part of a sweeping redevelopment on the western side of Jersey City.

Residential & Mixed Use
Hoboken project gets $120 million recap from Prism, Angelo Gordon

Angelo, Gordon & Co. and Prism Capital Partners have stepped in to help complete a plan to convert a former Wonder Bread factory in Hoboken, bringing a $120 million recapitalization to the stalled residential project.

Professional Services
Valuation firm becomes IRR’s northern N.J. office

A Livingston-based firm has joined Integra Realty Resources, the largest independent commercial real estate valuation, market research and consulting firm in North America.

Office
Bergman: Fitness center is latest addition to Florham Park office complex

Bergman Real Estate Group has debuted a new 3,500-square-foot fitness center at a two-building, 230,000-square-foot office complex in Florham Park.

Industrial
Growing online grocery sales will boost N.J. cold storage market, report says

As one of the nation’s top 10 markets for cold storage space, New Jersey is poised to benefit from what experts say will be the continued growth of online grocery sales.

Industrial
Amazon announces newest South Jersey fulfillment center

Amazon has taken the wraps off its newest fulfillment center in New Jersey, a 650,000-square-foot facility in Gloucester County that will house more than 1,000 employees.

Residential & Mixed Use
Weiss: New upscale rental project is latest step forward for Somerville

The Cobalt, a new 117-unit high-end apartment building at the site, has revitalized a long-vacant, formerly contaminated site just a block from Main Street in Somerville. In the process, Weiss Properties is offering a new living option for a town that is primed to tap into the market for walkable, transit-centric destinations.