Current Issue
Prologis eyes continued push in New Jersey, New York with a team that has doubled since 2019
Prologis Inc. has grown to about 65 employees in New Jersey and New York to support its expansion in the region, nearly double its headcount from just three years ago, reflecting the growth of its footprint during that time from 37 million to 44 million square feet.
Jersey City co-working firm expands again amid continued demand for flexibility
A co-working operator has once again expanded in Jersey City, in a sign of the firm’s organic growth and continued demand for shared, flexible office space after the pandemic.
LCOR, NJ Transit seek to reopen historic ferry building as part of high-profile Hoboken project
Development firm LCOR is seeking to revitalize the long-dormant, two-story ferry terminal in Hoboken — envisioning uses such as event space, market-style retail and other concepts — in what could be the centerpiece of a plan to transform the city’s historic transit hub.
Cafiero-led team looks to continue pace as Marcus & Millichap’s top N.J. brokerage unit
Marcus & Millichap’s top investment sales team in New Jersey is seeking continued momentum, following a banner year in 2021 and a strong first half of 2022, with a focus on triple-net-lease and multitenant retail deals and the industrial and office sectors.
Out of the shadows
In this month’s cover story we highlights the plan to restore and reactivate the property’s long-dormant and long-vacant ferry terminal. The master development team at LCOR envisions it as a unique destination for commuters, city residents and visitors — and as the centerpiece of the plan called Hoboken Connect — which became clearer after I recently toured the space with the firm’s Brian Barry. The building’s second floor, with its 21-foot ceiling heights and a large, column-less floorplate stretching nearly 500 feet, has all the makings of such a destination and the potential to achieve one of LCOR and NJ Transit’s top objectives: opening the terminal to the public while enhancing the commuter experience.
