Top News

Retail
New owner of Toms River shopping center taps LMC as leasing, managing agent

After acquiring a 120,350-square-foot shopping center in Toms River, a joint venture has tapped Levin Management Corp. to oversee leasing at the property.

Professional Services
WCD: New and improved cost cap insurance could spur additional environmental cleanups

A consulting and engineering firm has teamed with a global insurance agency to expand coverage for environmental cleanups, with the goal of spurring remediation at sites that are otherwise seen as too costly or risky for property owners to take on.

Office
Transwestern seeking tenants for Parsippany office building

Brokers with Transwestern are marketing a nearly 182,000-square-foot office building for sublease in Parsippany, in what they say is the largest block of such space in the submarket.

Office
Design firm unveils new Parsippany HQ for maker of Nutella, Tic Tacs (SLIDESHOW)

Drawing inspiration from well-known brands such as Nutella, a Millburn-based architecture firm is touting the design of a newly completed headquarters space for Ferrero USA.

Office
Segal LaBate: New owner plans to create tech hub at historic Trenton bank building

A technology consulting firm has acquired a historic 78,000-square-foot bank building in Trenton, with plans to reposition the property as a hub for innovative businesses.

Office
Other N.J. cities forge ahead, file bids for Amazon HQ2

Several other cities in New Jersey have filed their bids to become the home of Amazon’s second headquarters, despite the state throwing its official support behind Newark earlier this week.

Residential & Mixed Use
Developer set to begin leasing at new Monmouth County rental project

BNE Real Estate will soon open the doors to its new 227-unit luxury apartment project in Aberdeen, hoping to capitalize on a location just steps from an NJ Transit rail station.

Residential & Mixed Use
Watchung apartment complex sells for $90 million

A high-end apartment community in Somerset County is under new ownership, following the roughly $90 million sale of the property to a Manhattan-based operator.

Office
Development set to begin at new hotel, restaurant at SJP campus in Bridgewater

SJP Properties has sold a parcel within its five-building office campus in Bridgewater, paving the way for the development of a new high-end Marriott hotel and Zinburger Wine & Burger Bar.

Sponsored Content
Urban logistics set to change industrial real estate’s competitive landscape

The rising demand for sites that will support urban logistics centers has driven growth in Northern New Jersey, while also creating competition among developers, as forgotten industrial markets reemerge. Retailers, parcel carriers and food and beverage companies have all increased their demand for industrial space less than ten miles from Manhattan. Formerly obsolete locations throughout New York’s boroughs are reemerging as competitive alternatives to the New Jersey markets.