One of the largest office buildings in Central Jersey is being torn down to make way for two state-of-the-art distribution centers just off the New Jersey Turnpike.
More than ever before, the race for space is on for industrial tenants seeking a short drive to Manhattan and the rest of the nation’s biggest consumer market. It’s why the state is teeming with new development up and down the New Jersey Turnpike.
Development might be booming in New Jersey’s red hot industrial market, but it’s a small group of institutional players that have seized the opportunity in the biggest way.
Heritage Capital Group has hired Colliers International Group to be its exclusive leasing agent for 550 Broad Street, a 270,000-square-foot office tower in downtown Newark.
MetLife Investments’ newly completed headquarters attracted a sale price of $95 million, in a recently announced deal that culminated of high-profile redevelopment effort in Hanover.
The U.S. affiliate of a Chinese construction giant has broken ground on its first project in Jersey City, a 358-unit condominium complex within the city’s waterfront Newport section.
A pier that stretches nearly 500 feet into the Hudson River has opened in Weehawken, replacing a structure just north of Hoboken that had been destroyed nearly 15 years ago.
Jersey Central Power & Light is the latest company to commit to the sprawling Bell Works campus in Holmdel, signing a lease to move its Central Jersey regional headquarters to the site.
The high-end residential complex in Jersey City known as The Beacon has leased up its sixth and final apartment building, marking the completion of a distinctive, ambitious project that saw developers readapt a sprawling early 20th-century hospital.
