Soaring demand for data center space has pushed vacancy in the region to an all-time low in recent months, thanks in part to the growth of firms tied to artificial intelligence.
The long-awaited Hoboken Connect project took a key step forward on Tuesday with the approval of a ground lease between NJ Transit and LCOR, the developer for what’s slated to include new apartment and office towers and upgrades to the city’s historic transit terminal.
Dresdner Robin is expanding its services to developers and property owners with the addition of resiliency planning and geospatial analysis and mapping.
Jersey City has snagged a $1.6 million federal grant for the highly touted Bayfront project, where plans call for hundreds of homes for low- and moderate-income renters as part of a sweeping redevelopment of 100 acres along the Hackensack River.
The owner of more than 30,000 square feet of commercial space in Lodi has appointed Weiss Realty as its broker, seeking a buyer for the 1.76-acre property.
Woodmont Properties and Canoe Brook Development have broken ground on a project that will bring 199 new luxury rental homes to the Morris County township of Randolph.
Construction is set to begin on nearly 250,000 square feet of new corporate and medical office space in Woodbridge, the future home of a Hackensack Meridian Health facility and the first piece of a distinctive mixed-use project at the Metropark train station.
The state Economic Development Authority is kicking off a series of in-person and virtual information sessions to introduce its new $20 million Emerging Developers Fund.
Boraie Development has secured a 10-year, $90 million tax credit award to build a 25-story, 333-unit luxury apartment tower along the Passaic River in downtown Newark.
Global biotech firm Genmab is adding more than 135,000 square feet to its footprint in Plainsboro after being approved for a seven-year, $8.4 million tax credit package from the state Economic Development Authority.
