$57 million project set to bring apartments, medical complex to hospital site

A developer has won local approval to repurpose a shuttered hospital complex in Plainfield, where it plans to invest $57 million to build 120 apartments and a new medical arts complex.

Revel sold for $200 million, slated to reopen this summer

An investment group has paid $200 million to acquire the former Revel Casino Hotel in Atlantic City, with plans to renovate and reopen the nearly six-year-old property this summer.

Investment firm taps JLL to market Parsippany office complex

The new owner of Morris Corporate Center III is set to rebrand the property, having hired JLL to market and lease the 541,000-square-foot office complex.

Colliers: Williams Sonoma, Best Buy lead Q4 industrial leasing

Industrial leasing in northern and central New Jersey topped 40 million square feet for the third consecutive year, Colliers International said Friday, thanks to a surge to close out 2017.

NKF: Newark, suburban downtowns show strength in 2017 amid struggling office market

Despite suffering the largest occupancy losses in nearly a decade, the northern New Jersey office market emerged from 2017 with reasons to be optimistic.

Land prices surging in N.J. industrial market, CBRE says

Large industrial sites in northern New Jersey now cost an average of nearly $1.8 million per acre, CBRE found, as surging demand and the scarcity of land continue to drive up pricing.

Developers unveil $48 million rental project slated for Camden waterfront

The joint venture behind a high-profile office tower in Camden has unveiled another piece of its waterfront redevelopment — a $48 million, 156-unit luxury apartment building.

Real estate, tech practices fuel record growth for Beckerman

Public relations and marketing firm Beckerman, which represents many of the state’s top real estate companies, is touting a banner year after seeing 21 percent growth in 2017.

Global IT firm in talks to buy Merck campus in Readington, reports say

After being on the market for several years, the sprawling Merck & Co. campus in Hunterdon County may soon have a new owner.

Marchetta steps down from HMFA, returns to private sector

The longtime head of the New Jersey Housing and Mortgage Finance Agency has stepped down from the post and is preparing to start his own consulting firm.