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Industrial developers, it’s time to upgrade your contractors pollution liability policy
Institutional capital is abundant, and often times this capital is deployed to warehouse development opportunities to support global supply chains.
Planting the Seed for A Greener New Jersey: The Intersection of Legal Cannabis and Real Estate in the Garden State (Part 2)
The current version of the New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act, which was passed by the state Legislature on December 17, 2020, provides a framework for legalizing recreational cannabis in the state, including six different classes of licenses to be considered by those looking to enter the cannabis business marketplace. As we discussed in Part I in our series on cannabis, early identification of an ideal region and/or municipality for the proposed licensed premises is critical to success. However, there are a host of other factors and potential snags that an applicant must take into consideration before selecting a location.
Planting the Seed for A Greener New Jersey: The Intersection of Legal Cannabis and Real Estate in the Garden State (Part 1)
Most are undoubtedly aware that, in this past election, New Jersey voters overwhelmingly passed a ballot initiative to legalize the recreational use of cannabis for adults age 21 years or older. Due to our state’s geographic location and dense population, experts predict this marketplace will quickly become a multibillion-dollar industry. As we wait for the cannabis sector to spark up in New Jersey, now more than ever, those interested in joining the industry should evaluate what type of real estate space is best suited for this emerging industry, which will differ based on the type of cannabis license it seeks.
Professional Spotlight: March Associates
When selecting March Associates as your Construction Manager, you are getting a true partner for your real estate development project. March has a teamwork approach to all its projects. We work closely with our clients and team to ensure we deliver the highest-quality product. President Lou March is involved with each project, lending his expertise to our seasoned group of construction professionals.
JMF Properties brings major retail tenants to NJ
JMF Properties, one of New Jersey’s leaders in residential and commercial redevelopment, has emerged from 2019 with a growing roster of brand-name retail and hospitality tenants.
