Commercial real estate finance firm Lument has doubled the size of its capital markets team, announcing five new hires as well as the launch of an office in New Jersey.
Demand for data center space in New Jersey is surging on the back of Big Tech and the artificial intelligence arms race. And while a lack of electrical capacity may keep a lid on new supply, the owners of existing facilities are now racing to expand their footprints.
WCRE Property Management is bringing its services to a new Department of Veterans Affairs health care clinic in Toms River that’s slated to open next month.
A developer has unveiled a new 275-unit luxury apartment building in Parsippany, in a key step toward repurposing an aging suburban office campus at the crossroads of two interstates.
Link Logistics has taken the wraps off a new industrial building in Kearny, delivering nearly 164,000 square feet of modern space under a project that it said was five years in the making.
Russo Development marked the opening of nearly 300 new apartments at the north end of downtown Newark, having already leased 70 percent of a project that has brought life to a long-vacant site near NJ Transit’s Newark Broad Street station.
The Profeta Center for Innovation and Entrepreneurship at New Jersey Institute of Technology has graduated its second class of minority entrepreneurs, paving the way for the launch of more than two dozen businesses led by Newark-area residents.
Construction is set to begin on 500 new apartments that will mark another key piece of a plan to redevelop the long-vacant Burlington Center Mall property in Burlington Township.
