A recent spike in leasing demand has boosted New Jersey’s office market to start the year, even as large blocks remain available amid corporate downsizing and concerns about the economy.
Bank of America has leased nearly 550,000 square feet along the Jersey City waterfront, in an expansion that marks one of New Jersey’s largest office deals in recent memory.
A development team has unveiled 74 new apartments in Paterson as part of a project that included new construction and the restoration of a historic mill property.
Pennrose has unveiled 64 new apartments in Glassboro for seniors and individuals with disabilities, following its $20 million redevelopment of a former public housing complex.
Marcus & Millichap has negotiated the sale of a 4,450-square-foot, net-leased Bank of America property in Clifton, the brokerage firm announced Tuesday.
The Liberty Science Center has broken ground on a sweeping, $300 million expansion that will add a new business incubator, a high school and 400 apartments to its campus in Jersey City.
A joint venture has broken ground on a 70-unit multifamily project in Tinton Falls that will be geared toward homeless veterans and others who served in the U.S. armed forces.
Accounting firm Wiss & Co. LLP has leased more than 40,000 square feet at a Florham Park office campus, in the largest of several newly announced transactions by Avison Young.
Jonathan Rose Cos. has secured more than $90 million in financing and equity to rehabilitate and enhance a 429-unit affordable housing complex in Newark.