Bayonne developer unveils 90-unit, loft-style project (SLIDESHOW)

A developer has debuted 90 loft-style apartments in Bayonne, marking the latest building to open in the city’s growing luxury residential pipeline.

Changes coming to long-term tax exemption statute

By William F. Harrison, Esq. and Gerard D. Pizzillo, Esq. Several bills affecting the long-term tax exemption statute are slowly making their way through the New Jersey Legislature. While each bill addresses different provisions of the statute, the common theme…

NKF named leasing broker for Sanzari’s Glenpointe campus

The Glenpointe campus in Teaneck — Courtesy: Alfred Sanzari Enterprises By Joshua Burd Alfred Sanzari Enterprises has tapped Newmark Knight Frank to spearhead leasing at Glenpointe, its newly updated, flagship business campus in Teaneck. The NKF team, which will help…

Jersey City: Upscale 260-unit rental project reaches 85 percent leased

The Enclave in Jersey City — Courtesy: BNE Real Estate Group By Joshua Burd One of Jersey City’s newest high-end apartment buildings is now 85 percent leased after hitting the market only four months ago. Its developers — BNE Real…

C&W: Rutherford office complex hits 90 percent leased milestone

The Meadows Office Complex at 201/301 Route 17 North in Rutherford By Joshua Burd A well-known office complex in Rutherford has inked nearly 110,000 square feet in leasing activity year to date, bringing the 600,000-square-foot property to 90 percent occupancy.…

Atlantic County townhome complex trades for $8.3 million

Northridge Townhomes at 134 West Ridgewood Ave. in Pleasantville By Joshua Burd An 87-unit townhome complex in Atlantic County has changed hands for more than $8 million, in one of three newly announced transactions by Marcus & Millichap. The firm…

Buyer wanted for repositioned Morristown-area office building, JLL says

44 Whippany Road in Morris Township — Courtesy: JLL By Joshua Burd The owner of an office building near downtown Morristown has put the property on the market, following some $18 million in upgrades to reposition and stabilize the asset.…

Plainsboro apartment complex trades for $145 million

An investment group has sold a 704-unit garden apartment complex in Plainsboro for $145 million, marking the latest high-profile trade of a large multifamily asset in the township.

JLL: Transit hub submarkets stay on track with rent growth, tenant demand

Office markets around New Jersey’s transit hubs are still outshining their suburban counterparts, with a widening gap in asking rents and continued interest from major tenants.

Mertz inks sale of 80,000 sq. ft. industrial building in Logan

An investor has acquired an 80,300-square-foot light industrial building in Logan Township, under a newly completed transaction by NAI Mertz.