Industrial leasing in New Jersey saw a sizable uptick in the first quarter, thanks in large part to new construction and continued demand from e-commerce and logistics users.
Rockefeller Group and a joint venture partner, PCCP LLC, have sold two newly completed buildings in a planned 2.1 million-square-foot logistics park in Piscataway, including a 725,000-square-foot distribution center for Best Buy.
The next phase of Stockton University’s new campus in Atlantic City could begin as soon as this fall, with plans calling for a six-story residential building for more than 400 students.
Local officials have cleared the way for a joint venture to restore and reposition a century-old train station and retail plaza in Montclair, where the firms now hope to deliver more than 200,000 square feet of new commercial and residential space.
Two life sciences companies have taken a combined 215,000 square feet in Morris and Somerset counties, accounting for New Jersey’s largest new office leases during a positive first quarter.
Zito Partners has added to its team of public relations professionals with two new hires, including a partner who will work on the firm’s real estate accounts.
Riding the success of its Bell Works project — the adaptive reuse of the landmark Bell Labs campus in Holmdel — Somerset Development is taking its show on the road.
The site of a former United Water headquarters building in Bergen County is on track to be redeveloped as a senior living complex, following a sale announced by NAI James E. Hanson.
A developer has unveiled the newly completed amenities at a 320-unit, luxury apartment complex along the Hudson River in North Bergen, its first New Jersey project.