Apartment rental rates in northern New Jersey will grow for the sixth consecutive year, a new report has found, as leasing activity keeps pace with the roaring pace of new construction.
Construction is underway on a nearly 190,000-square-foot distribution center in South Brunswick, the second of three phases in a planned industrial complex off New Jersey Turnpike Exit 8A.
Developers are proposing to build a 52-story, 750-unit high-rise in downtown Jersey City that would include a new public school at what is now a parking lot, a published report said.
With a continued focus on right-sizing its office holdings, Mack-Cali Realty Corp. is looking to sell a sprawling nine-building, 2.2 million-square-foot portfolio in Bergen County.
Investors Bank has originated than $308 million in loans in recent weeks, financing more than a dozen transactions involving multifamily and commercial properties.
SJP Properties and Matrix Development Group have sold Panasonic’s North American headquarters building in Newark to an overseas investor for a reported $165 million, the firms announced Wednesday.
Hoboken is set to pay $30 million to buy more than six acres in its northwestern end to build the city’s largest park, according to a published report.
With more than a year of due diligence, entitlements and land assemblage in the books, Liberty Property Trust is set to break ground on the first piece of a $1 billion, mixed-use project to transform Camden’s waterfront.
A new Whole Foods store, the retail centerpiece of a project to revitalize the historic Hahne & Co. building in downtown Newark, is expected to open within just a few months.
