Page 3 - RE-NJ
P. 3
CONTENTS
Features
10 Supply Squeeze
Departments
4 The Briefing
Investors acquire Edgewater apartments for $130
million, plus other top stories in commercial real estate
8 Deal Sheet
A roundup of CRE leases, sales and finance
18 Policy Page
Top N.J. lawmakers balk at bills targeting
‘warehouse sprawl’
20 People on the Move New hires and executive moves
ON THE COVER: With licensing for recreational marijuana now underway in New Jersey, commercial real estate owners are seeing a real-time rush for spaces that will help launch the industry beyond the medicinal use market created more than a decade ago.
Approvals for adult-use cannabis growing, processing sites unleash new demand for already-scarce industrial space
12 Setting the Stage
Newark cultural institutions
eye high-profile projects, creating new downtown arts hub
16 Meeting the Market
Pulte continues growth in New Jersey with key partnerships at transit hub developments
APRIL 2022
REALESTATENJTM 1
