Bridge Development Partners is building a new 206,500-square-foot distribution center project in Carteret, a property that will bring new life to a 10-acre former brownfield site just off the New Jersey Turnpike.
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More than 8,000 apartments will be delivered this year through new construction in northern New Jersey, the highest total of any year to date in the current real estate cycle.
As new construction activity heats up in downtown Hackensack, the city is now seeking a developer to transform a parking lot into a mixed-use “gateway” to its central business district.
Public officials and business leaders broke ground Wednesday on the next phase of a project to expand Newark’s Riverfront Park, a plan that calls for a boardwalk, walkway system and other amenities to connect the Passaic River to the city’s downtown.
A series of high-profile deals, along with research by a top real estate services firm, shows that the demand from e-commerce users is overwhelming in the Garden State. And it shows no signs of abating, as online retail businesses and on-demand food services only continue to grow.
A vote by local officials in Emerson could bring a developer one step closer to building a mixed-use project that would transform part of the town’s central business district.
The Garibaldi Group has been tapped to sublease an eight-story, 310,000-square-foot office building in Bridgewater, part of the Class A campus known as Somerset Corporate Center.
An affiliate of Prism Capital Partners has closed on its purchase of the former Hoffman-La Roche campus in Nutley and Clifton, clearing the way for the developer to recreate the 116-acre site with a mix of new commercial tenants, retailers and residential development.
A real estate investment trust has sold the Public Service Enterprise Group headquarters tower in Newark for nearly $175 million, according to the seller and brokers involved in the deal.
