Top News

Health Care & Education
NJIT, public officials celebrate $86M renovation project at Newark campus

A former high school in Newark has found new life as a New Jersey Institute of Technology academic and research building, following an $86 million renovation that the university unveiled Thursday.

Office
JLL: Office space continues to tighten in South Jersey

A new market report by JLL found that office vacancy in southern New Jersey is at an all-time low, following a first quarter that saw the region outperform greater Philadelphia as a whole.

Professional Services
Colleagues remember Arthur Greenbaum, a dean of New Jersey real estate law

Arthur M. Greenbaum, a beloved figure and fixture in New Jersey’s real estate and legal communities for more than 60 years, died Tuesday. He was 91.

Residential & Mixed Use
Getting on track: Successful rental project, flood control measures spur new interest in Bound Brook

A successful rental project is one of two driving forces that now have Bound Brook ready to move ahead with a long-overdue revitalization of its downtown. The borough, whose Main Street has a history of being pummeled by surges from major storms, marked the completion last year of a $143 million flood control project — meaning downtown business and property owners no longer need to spend thousands of dollars on flood insurance.

Professional Services
Transwestern, other CRE firms named to ‘Best Places to Work’ list

Transwestern’s New Jersey office announced it has been recognized for the fourth straight year for its work environment and quality of life for employees, one of several real estate-related firms in the state to earn the distinction this year.

Hospitality & Tourism
Ironstate, Panepinto open new Marriott hotel in Jersey City (PHOTOS)

A stretch of downtown Jersey City that has become known for its high-end apartment buildings has added a new high-end hotel, following the completion of an extended stay Marriott property by two area development firms.

Office
Rockefeller seeking tenant for 300K sq. ft. build-to-suit office in Florham Park (VIDEO)

The Rockefeller Group is moving ahead with the next piece of its master-planned redevelopment site in Florham Park — a proposed build-to-suit office building that the firm is now marketing to prospective tenants.

Residential & Mixed Use
Work set to begin at new 69-unit rental project in Somerville

A developer has received approval to build 69 luxury apartments in downtown Somerville, marking the latest project to move forward in the borough’s ongoing redevelopment.

Office
WCRE: Capital markets pick up steam in South Jersey office sector

Investment sales volume is on the rise for office buildings in three southern New Jersey counties, with nearly 800,000 square feet changing hands to start the year and another 2.7 million square feet on the market or under agreement.

Professional Services
With growth plans in sight, Colliers opens third N.J. office

Colliers International Group has opened a new location in Middlesex County as part of an expansion in the state that the firm says will only continue.