Walters has started site work for a new 60-unit, income-restricted apartment and townhome community in Ocean County, the developer announced Wednesday.
A biopharmaceutical company is weighing plans to acquire an 85,371-square-foot industrial building in Franklin, having won approval for a 10-year, $13 million tax credit package from the state Economic Development Authority.
Prism Capital Partners has completed its 100th lease at a historic Thomas Edison factory complex in West Orange, where it has completed construction on 300 luxury loft apartments as the centerpiece of a high-profile adaptive reuse project.
State officials are hoping to spur action by municipalities that are home to Opportunity Zones, unveiling a grant offering to help local leaders strategize for the federal program.
Mack-Cali Realty Corp. has agreed to sell a 56-building, 3.1 million-square-foot office and flex portfolio for nearly $490 million, which it will use to pay down debt and fund its purchase of a Jersey City apartment building.
A Fort Lee-based bank is eyeing a major expansion in the borough, having acquired a 70,000-square-foot office building with plans to hire 250 new employees in the coming years.
