Current Issue
Investment, redevelopment have brought new life to Piscataway office market
Piscataway’s office market has bounced back in recent years, with rents rising and vacancy falling, thanks to new investment and redevelopment that have helped revitalize and right-size the township’s stock of buildings.
Freezer, cooler space in high demand in New Jersey, as users face a lack of supply
Demand for cold storage warehouse space nationwide, and particularly in the Garden State, is on fire, largely because of rising online fresh grocery sales and changing consumer preferences for fresher foods. Meeting that demand could prove challenging — given the cost and complexity of such projects and the need for specialization — but some developers are positioning themselves to be ready when users come calling.
Mixed-use town center taking shape at master-planned site in Burlington County
A new town center is taking shape in Burlington County, serving as the focal point of more than 1,000 homes within a master-planned, 500-acre development that is two decades in the making.
Reeling from new rent control laws, N.Y.C. investors set their sights on New Jersey
A landmark package of new rent control laws passed by the New York State government in mid-June appears to have kick-started a new kind of boom for the New Jersey real estate market. The laws, which dramatically strengthened tenant protections in New York City, took key steps such as repealing what was known as the vacancy bonus provision, which had allowed a property owner to raise rents as much as 20 percent each time a unit became vacant.
Gridlock in Trenton: Not what investors want
Messaging from Trenton over the last several months, “airing dirty laundry” and delayed payments and responses to companies involved in the state’s incentive programs are scaring away legitimate businesses from setting roots in New Jersey. Businesses need certainty and clarity. Why don’t we pivot the conversation to one about how to make robust investments in our people and infrastructure without any further distractions and political roadblocks?
