A geotechnical and environmental consulting firm has made its latest acquisition in New Jersey, a Sussex County-based practice focused on dam engineering.
At full build-out, the massive Bell Works project in Holmdel will be home to some 8,000 daily office workers. But newly unveiled plans for a rooftop hotel are a reminder of the project’s potential to be much more than a repurposed corporate campus.
Mack-Cali Realty Corp. reaped more than $500 million last year from the sale of buildings and joint venture interests, with additional sales slated for 2018 as it winds down its plan to right-size and reposition its vast portfolio.
CVS Pharmacy has acquired a vacant warehouse in downtown Little Ferry, with plans to raze the building and develop a nearly 16,000-square-foot store in its place.
A cosmetics company has retrofitted a former Becton Dickenson plant in Totowa after recently purchasing the building to accommodate its own manufacturing operation.
A developer has unveiled plans for an $80 million luxury apartment project in Newark, touting a 256-unit tower that will offer “resort-style living” in the heart of the city’s downtown.
Bridge Development Partners has acquired the rights to build nearly 4 million square feet of industrial space near Interstate 78, following its $43 million purchase of a sprawling development site in Warren County.
Following demolition last summer and a groundbreaking last fall, a $172 million, mixed-use project anchored by a new performing arts center is quickly rising in downtown New Brunswick.
In just two weeks, hundreds of business and political leaders will board a southbound Amtrak train as part of the New Jersey Chamber of Commerce’s annual Walk to Washington. And you can bet that the state’s commercial real estate sector will be well-represented.
Rouse Properties CEO Brian Harper will headline this year’s industry awards dinner at Monmouth University, an annual event that draws hundreds of New Jersey’s top real estate executives and service professionals.
