The new owners of shopping centers in South Brunswick and Paramus have tapped Cushman & Wakefield as their property managers at the complexes, the real estate services firm said.
Mack-Cali Realty Corp. has closed on its nearly $264 million acquisition of a 377-unit luxury apartment complex in Jersey City, brokers with HFF announced Wednesday.
The state has approved a 10-year, $12.8 million tax credit package to encourage a biotechnology company to expand in Mercer County, with the potential to take 90,000 square feet at a former Bristol-Myers Squibb headquarters campus in Plainsboro.
The southern New Jersey office market saw modest gains to start the year, recording nearly 375,000 square feet of leasing volume in the region’s three most active counties.
Nearly 200 new apartments are coming to Warren County, where a real estate firm is redeveloping the former site of a well-known farm and garden center.
The unrelenting demand for industrial space has fueled new construction across the country — and New Jersey is home to what will be the largest project of the year.
Bruce Deifik, the Colorado developer who purchased and reopened the former Revel Casino Hotel in Atlantic City, before having to give up the property earlier this year, died Sunday.
The country’s largest cluster of co-working and flexible office space is only just across the Hudson River, but the fast-growing industry is still largely absent from New Jersey. Experts say that is due to change — and it’s only a matter of time.
