Top News

Residential & Mixed Use
Little Falls rental project reaches 50 percent leased

A new 34-unit rental project is off to a fast start in downtown Little Falls, reaching the 50 percent leased milestone just a few months after opening.

Office
Investor taps Accordia to manage, renovate Elmwood Park office building

Accordia Realty Ventures is set to manage and reposition a 102,000-square-foot office building in Elmwood Park, one of two assignments the firm has taken on behalf an out-of-state investor.

Industrial
Prologis, Allied Beverage detail plans for 540,000 sq. ft. distribution center in Elizabeth

Prologis is set to build a new 540,000-square-foot distribution center in Elizabeth as part of a recently signed lease with a major wine and spirits distributor based in the state.

Government & Public Policy
EDA: Mars Wrigley weighing 110,000 sq. ft. lease at Newark project

State officials have approved a 10-year, $31.5 million tax credit to encourage Mars Wrigley to move more than 480 employees to Newark, where it would lease 110,000 square feet at a historic warehouse that is being redeveloped by Edison Properties.

Office
Quest, Ralph Lauren eye projects at ex-Roche campus on Route 3

Quest Diagnostics and Ralph Lauren could be among the newest tenants at the former Hoffmann-LaRoche campus in Clifton and Nutley, now known as ON3, following the approval of $88 million in tax credits to support more than 500,000 square feet of activity at the site.

Government & Public Policy
LabCorp, Konica Minolta among other major EDA approvals

The state has approved a nearly $40 million tax credit package tied a proposal for LabCorp to modernize and expand its regional headquarters and lab complex in Raritan Borough, while also approving a $29 million incentive to encourage Konica Minolta Business Solutions to expand its existing headquarters in Ramsey.

Office
Broadridge opens 160,000 sq. ft. office at 2 Gateway in Newark

A global financial technology firm has opened the doors to its new 160,000-square-foot office in downtown Newark, now home to a divisional headquarters and some 1,100 of its employees.

Residential & Mixed Use
Advance launches leasing at new-look Hoboken building (SLIDESHOW)

Advance Realty has unveiled a series of upgrades at a two-building, 128-unit apartment complex in Hoboken, which it acquired earlier this year as part of its growing footprint in the city.

Government & Public Policy
Mars, Ralph Lauren among several high-profile companies on EDA agenda

Mars Wrigley and Ralph Lauren Corp. have applied for nearly $65 million in combined tax credits in connection with potential moves to Newark and Nutley, respectively, as the state Economic Development Authority prepares to consider the applications on Tuesday.

Retail
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.