Top News

Top News
Amboy Bank chairman Scharpf dies at 78

Amboy Bank is mourning the death of its longtime leader, George E. Scharpf, who spent more than 50 years with the Old Bridge-based community lender.

Government & Public Policy
The changing landscape of stormwater management: New rule will require innovative techniques

On Dec. 3, the New Jersey Department of Environmental Protection published amendments to the state’s Stormwater Management Rule (NJAC 7.8) that, when adopted, will change fundamentally the way stormwater management systems are designed in New Jersey. The key amendment will replace the existing requirement, which asks developers to incorporate so-called non-structural strategies “to the maximum extent practicable,” with a firm requirement to use a technique known as green infrastructure in new development.

Industrial
BRC touts lease-up of new flex, incubator park in South Plainfield

A newly built, 54,000-square-foot flex industrial park in South Plainfield is now fully leased after a year-long effort by Bussel Realty Corp.

Industrial
Mack-Cali sells Westchester industrial park for $70 million

Mack-Cali Realty Corp. has reaped more than $70 million from the sale of a six-building industrial park in Westchester County, New York, its latest move to exit the flex warehouse business as it focuses on the Hudson waterfront in New Jersey.

Top News
A winning formula: How CBRE helped engineer some of New Jersey’s top office sales

In a time when investors have reaped windfalls from upgraded office buildings in New Jersey, CBRE’s capital markets team has been on the front lines — spearheading a host of high-profile deals involving newly stabilized, Class A buildings in the state.

Top News
NAI DiLeo-Bram mourns Jeffry Jones

The state’s commercial real estate community is mourning the loss of Jeffry Jones, a longtime broker with NAI DiLeo-Bram & Co.

Office
NKF: New Jersey office market bounces back, gains new ground in 2018

A stronger 2018 helped New Jersey’s office market reverse the losses of the prior two years, Newmark Knight Frank found, thanks in part to healthier demand and leasing in some of the state’s key submarkets.

Industrial
CBRE: Online returns, ‘reverse logistics’ fuel added demand for industrial space and 3PLs

The e-commerce explosion has fueled a surge in online returns — especially during the holiday season — driving additional demand for industrial space in New Jersey and nationally.

Retail
RKF named leasing agent for Maxwell’s in Hoboken

The owner of a landmark music venue and restaurant in Hoboken has hired RKF to market the property to prospective new tenants.

Editor’s Note
The best of The Briefing 2018

As we wind down the year, we’re excited to bring you a recap of our top stories of 2018, including our most-read items and a few editor’s picks. You can catch up on our daily “best of” emails below. We will also keep you updated in the event of any breaking news.