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.

Ex-CRDA official tapped for Newark economic development post

The former head of the state Casino Reinvestment Development Authority is joining Newark City Hall, where he will serve in a newly created position tied to economic development.

New EDA incentive aimed at spurring projects, research near N.J. colleges

Businesses that locate near New Jersey’s colleges and universities and form research partnerships with the institutions can now qualify for enhanced tax credits under the Grow New Jersey program, the state Economic Development Authority said Thursday.

Upgrades coming to Woodcliff Lake office building (UPDATED)

An investor is launching a multimillion-dollar renovation of a Bergen County office building, following its recent purchase of the property from Mack-Cali Realty Corp.

KRE partners with home hospitality app at Journal Squared, other Jersey City buildings

KRE Group has partnered with a mobile platform to provide home hospitality services at more than 2,000 apartments in Jersey City, starting with its high-profile Journal Squared project.