Industrial
Growing online grocery sales will boost N.J. cold storage market, report says

As one of the nation’s top 10 markets for cold storage space, New Jersey is poised to benefit from what experts say will be the continued growth of online grocery sales.

People
Advance hires new senior associate of asset management

The New Jersey Center of Excellence in Bridgewater — Courtesy: Advance Realty By Joshua Burd Advance Realty has continued its recent flurry of hiring with an addition to its asset management team. The Bridgewater-based developer said Thursday that it had…

Health Care & Education
Advance touts another tenant expansion at Bridgewater life science campus

A pharmaceutical firm is the latest tenant to expand at Advance Realty’s flagship life sciences campus in Bridgewater, where it has taken nearly 13,000 square feet.

Residential & Mixed Use
Advance, DeBartolo building in Harrison hits leasing milestone

One of Harrison’s newest luxury rental buildings is quickly approaching full occupancy, having leased 75 percent of its apartments less than a year after opening.

Office
After pitch to Amazon, Trenton feels it’s one step closer to unlocking its potential

Making a pitch for Amazon’s second headquarters achieved two very important goals for Trenton: Not only did the city submit a competitive, coordinated bid for Amazon HQ2 — a feat that may have seemed unlikely in past years — but it created a blueprint for showing its vast potential as a vibrant, mixed-use destination for other large corporations.

Office
Advance earns prestigious designation for CRE management

A global trade association has recognized Advance Realty with an accreditation tied to high standards of property management, placing it in the company of fewer than 550 firms worldwide.

Retail
Advance, DeBartolo start demolition of Morris County mall ahead of redevelopment (VIDEO)

Advance Realty and DeBartolo Development have started demolition at the aging, indoor retail complex along Route 10 in Roxbury, paving the way for a sweeping redevelopment of the property. When complete, the site will be home to a modern, 450,000-square foot power center with a mix of open-air spaces.

Industrial
Camber, Advance acquire 529,000 sq. ft. complex off Route 46 for $53 million

A joint venture has acquired a four-building, 529,110-square-foot industrial and office complex in Morris County, with plans to reposition the campus to tap into the continued demand for warehouse and distribution space.

Residential & Mixed Use
Joint venture breaks ground at Harrison project while unveiling another

Developers have marked dual milestones in their effort to transform Harrison’s waterfront, breaking ground on one luxury residential project and touting the completion of another.

Industrial
Firms acquire 245,000 sq. ft. Paterson industrial building

A joint venture has acquired a fully leased, 245,000-square-foot industrial building along Interstate 80 in Paterson, the firms announced this week.