What are we still learning about Hurricane Sandy’s impact on commercial real estate?

What are we still learning about Hurricane Sandy’s impact on commercial real estate? We assembled a panel of industry experts to tackle this month’s question.

Woodmont eyes spring delivery for new 54,000 sq. ft. industrial project in Woodbridge

Woodmont Industrial Partners has broken ground on what will be more than 54,000 square feet of new industrial space in Woodbridge.

Jersey City development site slated for 136 apartments sells for $6.5 million

A development site that could house more than 130 luxury apartments has changed hands in Jersey City’s West Side neighborhood, in a deal arranged by B6 Real Estate Advisors.

Storied architecture firm Kitchen & Associates rebrands as Thriven Design

The award-winning architecture firm long known as Kitchen & Associates is now Thriven Design, under a rebrand unveiled Wednesday by the Collingswood-based practice.

Recalibrating

I can point to a stretch of two to three weeks in March 2020 when the market was eerily quiet, as we all adjusted to life at the height of a public health crisis. Otherwise, we’ve had a largely uninterrupted, decade-long run of deal activity, development updates and other happenings that have fueled the engine of New Jersey commercial real estate news. That all figures to continue, but perhaps at a different pace as far as those deals are concerned.

Right at home: NJAA moves to Trenton, with advocacy looming ever larger after COVID crisis

The New Jersey Apartment Association has changed its address, but there’s nothing unfamiliar about its new home in Trenton. The organization and its in-house team, previously based in Middlesex County, have long been a key voice in state politics and policymaking, advocating on behalf of a membership that owns and manages some 230,000 rental units.

Kushner taps JLL as leasing team for 160,000 sq. ft. Florham Park office building

Kushner Cos. has retained JLL as its leasing agent for the nearly 160,000-square-foot office building in Florham Park that has long served as its home base in New Jersey.

Atkins completes upgrades of 120,000 sq. ft. West Orange medical office building

Atkins Cos. has completed its renovation of a 120,000-square-foot medical office building in West Orange that it built nearly four decades ago.

Investors sell three-building, 554,000 sq. ft. Hopewell office portfolio for $224 million

An investment group has reaped nearly $224 million from its sale of three Hopewell office buildings totaling more than 550,000 square feet.

Adoni hits 60 percent leased milestone at new Franklin Lakes rental property

Adoni Property Group has rented nearly two-thirds of a new boutique apartment building in Franklin Lakes, the developer announced Monday.