A new 11,000-square-foot specialty museum has opened its doors at American Dream in East Rutherford, following a project spearheaded by JRM Construction.
Industrial owners pivot to new (and old) strategies amid challenges to development, capital stack
Industrial owners in New Jersey are adapting to a climate of caution in the capital markets, cooling demand from tenants and growing local resistance to large warehouse projects. Some see it as a chance to double down in a market that they feel is still fundamentally sound, despite a slowdown in big-box leasing, as others pivot to different, more conservative approaches.
Sustainable transportation: Delivering clean power to our vehicles
As decarbonization efforts increase, electric vehicles (EVs) have gained significant traction and with them, the need for robust EV charging infrastructure. EVs currently represent roughly 1% of vehicles on the road and 6% of new vehicle sales in the US. These numbers are expected to surge in the coming years. The federal government has set ambitious goals to help accelerate the adoption of EVs. One of these goals is to have 500,000 public EV charging stations operational across the United States by 2030. Private EV charging stations will also present a new opportunity to businesses.
