Top News

Government & Public Policy
Acquisition gives N.J. full control over Fort Monmouth site

After four years of redevelopment efforts that focused on only half of the sprawling Fort Monmouth property, a state authority has acquired the remaining 560 acres from the U.S. Army, allowing it to move ahead with projects that are slated for the balance of the site.

Office
Massive Kearny redevelopment site welcomes co-working space, restaurant

A sleek co-working space and new restaurant have opened in Kearny, where a company is pushing ahead with a plan to redevelop a historic, 2 million-square-foot former shipyard.

Government & Public Policy
Developers wanted for former Camden prison site

A state authority is seeking a developer for the site of a former prison in Camden — a parcel that it describes as “the most valuable piece of real estate” on the city’s northern waterfront.

Office
Avison Young brokers 380K sq. ft. in leases in Q3

A technology firm has renewed the lease at its headquarters office in Bridgewater, one of more than 20 deals brokered in the third quarter by Avison Young’s New Jersey office.

Retail
Levin tapped to lease, manage South Jersey retail center

Levin Management Corp. will oversee leasing and management for a Burlington County shopping center after joint venture’s recent acquisition of the grocery-anchored property.

Office
Hoboken deal is latest partnership for SJP, Japanese developer affiliate

SJP Properties has expanded its partnership with a Japanese real estate giant, selling a majority ownership stake of its newest Hoboken office building to the company’s U.S. investment arm.

The Rundown
Pompton Lakes agency OKs mixed-use redevelopment

Local officials in Pompton Lakes have approved a plan that would bring more than 450 apartments and a host of retail space to its downtown, according to a published report Tuesday.

Health Care & Education
Owner unveils newly upgraded nursing center in Brick

A private equity group has expanded and upgraded a former nursing center in Brick, completing a nearly $3 million repositioning it launched after acquiring the property in late 2014.

Residential & Mixed Use
One Theater Square: The right project at the right time

Stakeholders are celebrating a project that is not only a long time coming, but coming at perhaps the perfect time for Newark.

Office
Highs, lows of changing N.J. life sciences real estate market

A wave of acquisition and divestment activity is reshaping the life sciences industry — and its real estate needs — resulting in demands for new office space and a surplus of lab inventory. A new report reminds us that New Jersey is seeing many of those changes firsthand.