Somerville: Developer hails lease-up of 69-unit rental property

Renters have flocked to a new 69-unit residential property in downtown Somerville, filling the luxury apartment building less than three months after it opened for leasing.

Overhaul coming to 300,000 sq. ft. office building in Journal Square

A design firm is detailing its overhaul of a well-known office building in Jersey City, with plans calling for updated common areas and new street-level retail and restaurant space.

Energy consultant acquires Allenhurst firm, expanding in Northeast

An energy advisory firm has expanded its presence in the region with its acquisition of a Monmouth County-based consulting business.

Furniture, home décor giants take 1.82 million sq. ft. to lead Q1 industrial leasing

Two tenants leased a combined 1.82 million square feet in Cranbury during the first quarter, accounting for the top transactions year to date in New Jersey’s booming industrial market.

Developers, HMFA unveil 48-unit affordable project in Ocean Township

A development team has completed nearly 50 new apartments in Ocean Township as part of the state’s ongoing effort to bring new affordable housing to areas impacted by Hurricane Sandy.

Three more co-working locations join EDA program for rent grants

Three female-led co-working spaces have joined the growing list of locations that are eligible for rent support grants under a program offered by the state Economic Development Authority.

Developers eye summer groundbreaking for redevelopment of ex-Record site in Hackensack

A joint venture’s plan to redevelop the former home of The Record in Hackensack is moving forward, under a plan that calls for 650 apartments and retail space along the Hackensack River.

C&W lands new retail management assignments in South Brunswick, Paramus

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.

HFF: Mack-Cali seals $264 million purchase of new Jersey City rental complex

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.

Biotech firm, weighing 90,000 sq. ft. HQ in Plainsboro, wins EDA tax credit approval

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.