Page 3 - RENJ_April2021
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CONTENTS
REALESTATENJTM 1
                  HELPING NJ GET BACK TO THE BUSINESS OF FASHION
                    Newark, NJ Jersey City, NJ Tinton Falls, NJ Camden, NJ New York, NY Philadelphia, PA Basking Ridge, NJ
732.758.6595 856.968.0680 212.566.7188 215.564.0444 973.387.7800
www.genovaburns.com Genova Burns LLC • Attorneys-At-Law
973.533.0777 201.469.0100
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Features
Cautious Optimism
Retail leaders see a clearer path to recovery, despite continued uncertainty
Mounting a Comeback
Revival of iconic Paterson stadium on
the horizon, with local developer at the helm
Staying Connected
CREW NJ president touts growth of programming, membership amid COVID challenges
Meeting the Challenge
Marcus & Millichap brokerage team perseveres in pandemic, riding high after banner year
Departments
The Briefing
Mack-Cali inks $254 million sale of Metropark office portfolio, plus other top stories in commercial real estate
Deal Sheet
A roundup of CRE leases, sales and finance
Policy Page
McGuinness: Got a feeling ‘21 is (going to) be a good year
People on the Move
New hires and executive moves
Project Updates
Iron Ore, AMJ eye start of 120-unit rental project in Plainfield after site acquisition
ON THE COVER: Despite the enduring struggles of malls, further bankruptcies by large chains and other challenges to
brick-and-mortar retail, industry leaders say the path to stability is becoming clearer. That’s especially true for properties that were fundamentally stronger before the pandemic, which are now drawing the attention of tenants in search of space.
APRIL 2021
      































































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