Plans to revamp mall parcels with new apartments, public space taking shape across New Jersey

Redevelopment is coming to some of New Jersey’s largest malls, as owners and local officials weigh plans to add apartments, health care facilities and vibrant public spaces meant to infuse them with new foot traffic. Proponents say the projects are essential to the long-term health of even the most successful assets. In other cases, they’re a potential lifeline to once-dominant shopping hubs that have become obsolete and seen their values plummet in recent years.

Arden, Spitzer eye 2024 delivery after topping out 26-story Journal Square apartment tower

The developers of a new 390-unit luxury apartment tower in Jersey City are on track to deliver the building next year after recently completing its concrete frame.

Caryl Communications scores PR industry award for work with LMC retail survey

A top trade association has honored Hoboken-based Caryl Communications for its work involving a longtime client in the commercial real estate sector.

Cherry Hill Mall owner welcomes Eddie V’s, with additional tenants still to come

A new Eddie V’s restaurant has opened its doors at the Cherry Hill Mall, as the property’s owner prepares to welcome several other tenants in the months ahead.

Wharton-led venture sells 1.3 million sq. ft. Pennsauken industrial portfolio for $195 million

Wharton Industrial and Walton Street Capital have sold a 1.3 million-square-foot industrial portfolio in Pennsauken for nearly $195 million, the firms announced Thursday.

KS Group, Giga eye 1,300-unit multifamily project after buying Newark parcel

A joint venture has acquired a development site in downtown Newark where it ultimately hopes to build two luxury apartment towers with a combined 1,300 units.

Woodmont hails lease-up of 443-unit luxury rental property in West Windsor

Woodmont Properties has leased up its new 443-unit luxury multifamily property just off Route 1 in West Windsor.

Diversified completes indoor, outdoor amenities at 393-unit Union rental project

Diversified Properties has unveiled a series of amenities at its new 393-unit high-end multifamily development in Union Township.

National, KRE Group top out 360-unit apartment building in Philadelphia

A joint venture has completed vertical construction for a new 360-unit apartment building in Philadelphia, where it hopes to welcome its first residents in early 2024.

SLIDESHOW: The Newark Redevelopment Update

See the full slideshow from our June 7 seminar, where the developers and insiders behind Newark’s most important commercial real estate projects debated the long-held opportunities and challenges in New Jersey’s largest city.