Current Issue
Firsthand experience
To say that this month’s cover story is near and dear to me is somewhat tongue-in-cheek, but it’s also true. After all, I did spend five years working on the vast stretch of sprawling, landscaped office parks that is Davidson Avenue in the Somerset section of Franklin Township, which plays a prominent role in our February issue. As many of you know, the area is part of a 500-acre corporate business district along Interstate 287 that, in recent years, has grappled with millions of square feet of outdated and mostly vacant office space. Township officials are now meeting that challenge head-on, thanks in large part to a zoning change in late 2020 that paved the way for developers to repurpose those sites as industrial space.
Russo, Onyx see new frontier with rare large-scale industrial project in Morris County
Russo Development and Onyx Equities are banking on the need for local distribution space — and the rise of secondary industrial markets in New Jersey — after recently acquiring a coveted development site in East Hanover.
Investor demand for industrial space soaring to new heights, as rents rise at record pace
Industrial rents in New Jersey and other top markets are rising at unprecedented rates, leaving investors hungrier than ever for properties across the asset class.
Scotch Plains seeking developer, forging ahead with long-awaited downtown revival
Scotch Plains is seeking a developer after recently adopting a long-awaited redevelopment plan for its downtown, aiming to create a vibrant hub with a mix of retail, restaurants, housing, a consolidated library and town hall, public plazas and parking.
With Deloitte set to depart, landlord kicks off $3 million upgrade of Parsippany office building
Signature Acquisitions has kicked off a sweeping redesign and modernization of a 175,000-square-foot office building in Parsippany, seeking to overhaul the property ahead of the planned departure of Deloitte LLP.
