New ownership ditches plan for Sayreville ‘fortress mall,’ report says

A joint venture has scrapped a long-awaited plan to build a futuristic, 2.2 million-square-foot “fortress mall” along the Garden State Parkway, replacing it with a proposal for a mixed-use, urban-style retail village that is more in line with changing consumer tastes.

NJIT unveils new 220,000 sq. ft. wellness, events center (SLIDESHOW)

The New Jersey Institute of Technology has taken the wraps off a 220,000-square-foot multipurpose center, the largest piece of a $400 million overhaul of its footprint in Newark.

New LG distribution center shows growing strength of Exit 8 industrial market

A developer has opened the doors to a new 410,300-square-foot industrial building in East Windsor that will serve as a distribution center and warehouse for LG Electronics USA.

VREP details new 90,000 sq. ft. lease with Billtrust in Lawrenceville

Vision Real Estate Partners is set to welcome another large corporate tenant to its portfolio, following a 90,000-square-foot lease in Lawrenceville with an invoicing and payment software firm.

Engineering firm looks to drone technology to propel its business forward

Kipcon Engineering has worked to expand and modernize its practice with the use of drones, using the technology for everything from surveying and road repairs to moisture testing and building inspections — providing a new frontier for engineering and construction professionals.

CBRE: Rent growth shows no signs of slowing in N.J. industrial sector

Average asking rents across the state’s booming industrial market have eclipsed $6.50 per square foot, continuing a steady climb that is now five years and counting.

Mack-Cali, Ironstate building in Jersey City hits leasing milestone

Renters have flocked to the distinctive 762-unit residential tower known as Jersey City Urby, bringing the building to nearly full occupancy only eight months after opening.

Bridge details blockbuster industrial sale to Duke Realty

Bridge Development Partners has reaped more than $500 million from the sale of a 3.4 million-square-foot industrial portfolio, including more than 2 million square of space in New Jersey.

HFF: Investors acquire AvalonBay community in Mercer County

AvalonBay Communities Inc. has sold a 312-unit apartment complex in Lawrenceville for nearly $90 million, marking the developer’s second sale of a New Jersey property in recent weeks.

Pilates chain set to continue rapid expansion in N.J., Ripco says

A fast-growing Pilates chain has added roughly 20 locations in New Jersey in the past two years, with plans to add at least another 10 in the state as part a continued nationwide expansion.