Massive ex-manufacturing site in Sayreville to be reborn as 1.1 million sq. ft. logistics hub

A long-dormant and formerly contaminated site in Sayreville, once home to gunpowder and chemical plants, is finding new life under a development that will add more than a million square feet of modern industrial space to the market in Central Jersey. The three-building Arsenal Trade Center also promises to bring new jobs and ratables to the Raritan Bay region. Experts say that, while players like Amazon are stepping back from warehouse and logistics expansion in the state, the market for such properties remains robust.

SJP tops out new Valley headquarters project in Morristown, eyes spring 2023 delivery

Valley National Bank’s new headquarters in Morristown is on track to open next spring after the completion of vertical construction at the downtown site, its developer announced Wednesday.

Skylight, PCCP acquire 276-unit Fort Lee rental property for $117 million, CBRE says

A joint venture has acquired 276 luxury apartments in Fort Lee for $116.5 million, marking another high-profile addition to its portfolio along the Hudson waterfront.

Edgewood affiliate breaks ground on project with 360 rentals, hotel in Gloucester Twp.

Construction is underway on a project that will bring 360 apartments and a hotel to a site that’s adjacent to Route 42 and just minutes from Camden County College in Gloucester Township.

Devli acquires Wallington industrial site, assembling 34-acre development parcel

Devli Real Estate has assembled 34 acres of industrial property in Wallington, creating a rare large tract of developable land in and around the Meadowlands submarket.

Jersey City: Loew’s Theatre restoration lands $42 million tax credit to kick off EDA program

The state has awarded more than $42 million in tax credits to a plan to restore an iconic theater in Jersey City, the first approval under the new Historic Property Reinvestment Program.

Developer inks $88 million sale of 242-unit rental property under construction in Carteret

Forte Real Estate Development has sold a nearly completed, 242-unit luxury apartment building in Carteret for $87.5 million, borough officials announced last week.

Lee & Associates: Buyer sought for new-look, 34,000 sq. ft. school building in Newark

A renovated school property in Newark is on the market for sale, in a newly announced offering by Lee & Associates New Jersey.

Construction begins on two-building, 1.7 million sq. ft. industrial park in Salem County

A developer has broken ground on a project that will bring more than 1.7 million square feet of new industrial space to Salem County, according to Premier Design + Build Group.

Jersey City: First phase of 100-acre, mixed-income Bayfront project to break ground in 2023

The first phase of the 100-acre Bayfront project in Jersey City is slated to include 209 apartments, 35 percent of which will be for lower-income renters. — Courtesy: Jersey City By Joshua Burd Developers will soon break ground on a…