Netflix has taken a major step toward building a sprawling production studio in New Jersey, emerging as the preferred bidder for some 300 acres at the iconic Fort Monmouth property.
State officials have picked Russo Development, Onyx Equities and Terminal Construction to spearhead a project that would reshape NJ Transit’s busy Metropark station in Woodbridge.
Construction is underway for a new 25,000-square-foot industrial building in Wayne, one of two that a development team is planning for a site just west of routes 23 and 202.
AT&T has signed a new lease at a 230,000-square-foot office property in Bedminster, reportedly with plans to relocate employees from its massive campus in township.
A developer has acquired nearly two acres in Jersey City with plans to build 670 luxury apartments on the property, in a recently completed deal by Grid Real Estate.
Veris Residential Inc. has agreed to sell its iconic Harborside 1, 2 and 3 buildings in Jersey City for $420 million, in a deal that all but completes its exit from traditional commercial assets.
Alfred Sanzari Enterprises has unveiled a new 3,350-square-foot, upscale dining hall at its Glenpointe campus in Teaneck, marking the latest addition to its flagship office property.
A craft brewery is set to open its doors at Fort Monmouth after recently leasing space at a repurposed commissary building, according to a brokerage team with Pierson Commercial.
Industrial rents in northern and central New Jersey continued to soar in the third quarter, amid ongoing demand for relatively few spaces and locations near the New Jersey Turnpike, fueling deals such as Samsung’s lease for more than 735,000 square feet in Linden.
