Page 5 - RE-NJ

™ 3
CONT E N T S
MARCH 2025
Features
Filling the Pipeline
Developers lining up plans for new housing
projects in New Brunswick, seeking to meet
demand from massive commercial investments
Owning the Space
As New Jersey’s luxury housing boom continues,
The Marketing Directors remains a dominant
force and a key player
Serving Up Deals
Pickleball users
snapping up
retail, industrial
space as sports
craze spreads in
New Jersey
Departments
The Briefi ng
Fidelco, Diversifi ed sell Union rental property
for $132 million, plus other top stories in
commercial real estate
Deal Sheet
A roundup of CRE leases, sales and fi nancing
Policy Page
NJBA takes aim at towns seeking to lower
state housing mandates
Professional Spotlight
Law Firms in New Jersey Commercial Real Estate
People on the Move
New hires and executive moves
ON THE COVER: Plans for Boraie
Development’s latest project in
New Brunswick call for a 342-
unit luxury apartment tower at
11 Spring St., where it would
redevelop what is currently
a parking garage within its
Albany Street complex. —
Rendering by MHS Archiecture/
Courtesy: Boraie Development
LINCOLN LOGISTICS MORRIS PLAINS
morris plains, new jersey 07950
2 2 4 , 7 5 0 SF I N D U S T R I AL
B U I L D I N G 1
2 7 0 , 000 SF I ND UST R IAL
BU IL DING 2
TA BO R RD
CLASS A NEW CONSTRUCTION FOR LEASE // DELIVERING Q1 2025
BUILDING 1: 224,750 SF // BUILDING 2: 270,000 SF
FOR MORE INFORMATION OR TO ARRANGE A TOUR CONTACT:
THOMAS F. MONAHAN
Vice Chairman
+1 201 712 5610
[email protected]
LARRY SCHIFFENHAUS
Executive Vice President
+1 201 712 5809
[email protected]
BRIAN GOLDEN
Executive Vice President
+1 201 712 5607
[email protected]
LINCOLNLOGISTICSMORRISPLAINS.COM