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Industrial
Hampshire details plans for self-storage facility at historic Elizabeth building

A historic armory building in downtown Elizabeth is primed to become a new self-storage facility, under an adaptive reuse plan announced Thursday by The Hampshire Cos.

Office
Hollister completes build-out for office, co-working firm in Short Hills (SLIDESHOW)

Hollister Construction Services has taken the wraps off a new build-out at a Short Hills office building, where a co-working and office space provider has taken 16,000 square feet.

Office
Avison Young named leasing agent at Cedar Knolls office building

The owner of a 119,000-square-foot office building in Cedar Knolls has tapped Avison Young as its leasing agent, with plans to complete a series of upgrades in the coming months.

Residential & Mixed Use
Gebroe-Hammer bullish on 2019 after $1.1 billion year

Gebroe-Hammer Associates is touting more than $1 billion in completed transactions in 2018, setting up for what it says will be a fruitful year for multifamily investment sales.

Government & Public Policy
Developers, consultants weigh the future of New Jersey’s landmark site remediation program

A decade after a landmark law that changed the landscape of environmental cleanups in the state, stakeholders are now mulling how to improve New Jersey’s site remediation program while navigating other proposed changes by policymakers.

Residential & Mixed Use
Bijou promotes development exec, eyes expansion into Montclair and Morristown

Bijou Properties has announced a key promotion within its ranks as part of a plan to expand beyond its hometown of Hoboken and into markets such as Montclair and Morristown.

Office
NAI Mertz named leasing agent for 112,000 sq. ft. office campus in Cherry Hill

The owner of a 24-building, 112,378-square-foot office campus in Cherry Hill has tapped NAI Mertz to bring new tenants to the property.

Residential & Mixed Use
AvalonBay details plans for mixed-use, $300 million project at Princeton Junction (VIDEO)

A plan that would bring 800 residential units, a hotel and an upscale retail plaza to the Princeton Junction train station in West Windsor is set to move forward in the coming months, setting a path for one of the state’s largest and most anticipated redevelopment projects.

Policy Page
Incentives are investments that build over time

Gov. Phil Murphy’s economic vision calls for a State of Innovation that builds a stronger and fairer economy in New Jersey and sets goals related to faster job growth, faster median wage growth, increased venture capital investment, closing the racial and gender wage employment gaps and encouraging thriving urban centers. These are laudable goals and I believe we will get there, if we are careful in how we invest our scarce financial resources, which include incentives for the workforce so desperately needed and the targeted industries that generate the jobs required to help achieve these goals.

Industrial
EDA: Wholesaler buys Passaic warehouse, expands from Brooklyn

A building maintenance supplies wholesaler is relocating most of its operations from Brooklyn to Passaic, where it recently acquired a nearly 11,000-square-foot warehouse.