Veris Residential Inc. is on the verge of shedding its one remaining office building, a nearly 1 million-square-foot tower in Jersey City that is under contract to sell for $85 million.
When it comes to fitness tenants, think smaller. That’s the mindset at shopping centers and downtown locations throughout New Jersey, as specialty fitness studios are increasingly finding favor with owners and customers.
The owner of a two-building medical office portfolio in Union and Burlington counties has tapped Lee & Associates New Jersey as its leasing agent for the properties.
PVP Exit 8 LLC, an affiliate of Paul V. Profeta & Associates Inc., has secured approvals to build 1.1 million square feet of new industrial space adjacent to the New Jersey Turnpike in East Windsor, capitalizing on a site that is a 45-second drive from the highway’s northbound lanes.
Donnelly Construction has completed a nearly 26,000-square-foot warehouse in Wayne with a tenant in hand, in the first of two new buildings at a development site near Route 23.
Accurate is on the verge of another milestone at a new apartment building in Bayonne, where it has leased nearly three-quarters of the property’s 252 available homes.
A developer is eyeing plans to build two new apartment towers with a combined 515 units under a project that would transform more than five acres near Jersey City Medical Center.
A new chapter is set to begin for the New Jersey Performing Arts Center in Newark, where a long-awaited, mixed-use development is expected to transform the existing venue and have an exponential impact on its role as a catalyst in the city.
Onyx Equities is set to begin renovations at the 2 million-square-foot former Merck & Co. campus in Kenilworth, having teamed with a known life sciences developer to spearhead its plan to upgrade and bring new tenants to the property.
