Top News

Business group to add 59 new trees at Exchange Place, in city’s largest planting of 2023

Dozens of new trees are coming to Jersey City’s Exchange Place district as the latest step in the overhaul of the downtown business and transportation hub.

Retail

JLL: Investor seeking buyer for repositioned 378,000 sq. ft. power center in Morris County

A major retail center in Morris County is on the market for sale after last changing hands in 2021 and a series of upgrades aimed at repositioning the property, brokers with JLL said.

Residential & Mixed Use

Cervelli: Leasing launches at new boutique Jersey City apartment building

Leasing is underway at a new 18-unit apartment building in Jersey City’s burgeoning McGinley Square section, where a developer is offering both loft-style and modern luxury rentals.

Remembering Jim Garibaldi, longtime CEO of fourth-generation brokerage firm

James J. Garibaldi, a prominent commercial real estate broker in New Jersey who spent 23 years as CEO of The Garibaldi Group in Chatham, has died at age 72.

Retail

LMC survey: Retailers show measured optimism, expect modest growth this holiday season

Retailers are cautiously optimistic about this year’s holiday shopping season, with many expecting modest growth and that sales would peak before Thanksgiving and Black Friday.

Industrial

Petrucci breaks ground on 107,000 sq. ft. industrial building off I-295 in Salem County

J.G. Petrucci Co. Inc. has broken ground on its latest industrial project in South Jersey, a 107,000-square-foot facility just north of Interstate 295 in Salem County.

Residential & Mixed Use

Final townhome at Hoboken’s Wonder Lofts on the market for $2.8 million

The final townhome-style condominium at the distinctive Wonder Lofts project in Hoboken has hit the market for just under $2.8 million.

Events

Strength and stability: Panelists say long-term leadership in business, government is central to New Brunswick’s highly touted revival

Leveraging its key assets and the vast resources of business, academic and political leaders in New Brunswick has been a hallmark of the city’s economic revival in recent decades, panelists said during a program hosted by Real Estate NJ, as they discussed the philosophical and financial partnerships behind billions of dollars in public- and private-sector redevelopment.

Hospitality & Tourism

Denholtz opens new 17,000 sq. ft. bar, entertainment venue at Fort Monmouth

Denholtz Properties has opened the doors to a bar, restaurant and entertainment venue at The Commissary at Baseline, its food and beverage destination at the iconic Fort Monmouth site.

Features

Korinis, outgoing CREW NJ president, reflects on chapter’s push to expand philanthropy, member benefits

Krista Korinis is set to step down as president of CREW NJ, following a one-year term that has focused on philanthropy, creating new value for members and expanding networking opportunities.