Top News

Ridgewood design firm oversees expansion of life sciences facility

Poskanzer Skott Architects has designed an expansion of a life sciences facility in Allendale for a longtime client focused on the cell therapy industry, the firm announced Wednesday.

Finance & Capital Markets

Value-add group acquires Mack-Cali building in Bergen County

Mack-Cali Realty Corp. has sold a 208,000-square-foot office building in Upper Saddle River, in a $19.7 million sale brokered by CBRE.

Event Coverage

Crowdfunding in real estate? Industry experts make their case

A panel of other crowdfunding advocates and experts in the commercial real estate sector touted the platform as a 21st-century tool for raising capital and attracting new would-be investors.

The Rundown

Court dismisses challenge to American Dream bond sale

A state appeals court has ruled in favor of the state’s efforts to complete the American Dream Meadowlands project, dismissing a challenge to a $1.15 billion bond issuance that would help a developer resume construction at the stalled retail and entertainment complex.

Industrial

Produce company expanding with new facility in South Jersey

A produce distributor has picked Dermody Properties to develop its new packing and cold storage facility in Gloucester County.

A food desert no more: Elizabeth supermarket project coming to life

A rendering of Pointe Grande Plaza, a new 55,000-square-foot retail center now under construction in Elizabeth. — Courtesy Jacobs Enterprises By Joshua Burd A new grocery-anchored shopping center is rising in Elizabeth, filling a void in an inner-city neighborhood whose…

Residential & Mixed Use

Value Cos. to manage Montclair apartment buildings

A landlord in Montclair has tapped Value Asset Management to oversee leasing and management of two neighboring apartment buildings in the Essex County township.

Office

New Jersey’s top office leases of 2016 (so far), according to JLL

New Jersey has had no shortage of high-profile office leases through the first three quarters of 2016. And they’ve come in all corners of the state — from the Hudson waterfront to bucolic suburban campuses in Morris and Somerset counties.

With that mind, researchers with JLL have compiled the Top 10 office leases year to date in the Garden State.

Event Coverage

Woodmont execs detail developer’s transformation

If the first 40 years of Woodmont Properties were about becoming an institution in New Jersey’s real estate sector, the last 10 have been about ushering in a new era for the Fairfield-based firm. Look no further than the developer’s multifamily portfolio.

The Rundown

76ers open new practice facility, team HQ in Camden

The Philadelphia 76ers have unveiled their new state-of-the-art, 125,000-square-foot practice facility near the Camden waterfront.