Office
Fiserv unveils 428,000 sq. ft. fintech innovation hub at The Park in Berkeley Heights

A new fintech hub has arrived in New Jersey with the debut of Fiserv Inc.’s 428,000-square-foot office and research space at The Park in Berkeley Heights.

Residential & Mixed Use
Connell details plans for new residential, retail phases at landmark Berkeley Heights campus

The Connell Co. has unveiled new details of a plan to transform its flagship business park in Berkeley Heights, having secured approvals to add more than 300 apartments and a sprawling entertainment, dining and retail space across five new buildings.

Technology
Connell, Brightcore debut 9,200 new solar panels at The Park in Berkeley Heights

The Connell Co. has unveiled a collection of more than 9,000 solar panels at its flagship campus in Berkeley Heights, the latest addition to the 185-acre property known as The Park.

Office
Valley Bank, CSG each take nearly 120,000 sq. ft. as office leasing rebounds, Newmark says

Office leasing in northern New Jersey hit a two-year high at the end of 2021, thanks in part to large-scale deals by prominent banking and law firm tenants in the state.

Government & Public Policy
Insiders see growing (but measured) demand for new, more targeted state incentive program

With the recent approval of the first awards under Emerge, the state’s new jobs-based tax incentive program, officials and other insiders expect to see a measured pace of applications for a subsidy that was designed to be more discerning and targeted than its predecessor.

Editor’s Note
Starting anew

The debate over New Jersey’s corporate incentive programs has been well-chronicled in recent years, but regardless of where you fall on the issue, there’s no denying their influence on the state’s commercial real estate market. That influence was all but gone for two years after Grow New Jersey and other subsidy programs were allowed to expire in summer 2019, with no immediate replacements in sight until Gov. Phil Murphy and lawmakers agreed on new incentives late last year. The state is now putting those offerings to work, starting with the jobs-based Emerge program that will fill the void left by Grow New Jersey.

Office
Connell blends co-working, social club in latest addition to flagship Berkeley Heights campus

The Connell Co. has unveiled a new flexible workspace and social club at The Park, its flagship 185-acre business campus in Berkeley Heights, where members have access to everything from fine dining and evening bar service to personal trainers and fitness classes.

Office
Fiserv to open 400,000 sq. ft. fintech hub in Berkeley Heights, with $109 million incentive

Fiserv Inc. has announced plans to lease more than 400,000 square feet for a new financial technology hub in Berkeley Heights, following the state’s approval of a seven-year, $109 million tax credit to encourage it to bring nearly 2,000 jobs to New Jersey.

Office
Connell debuts bike share program at sprawling Berkeley Heights business campus

The Connell Co. has launched a new bike share program at its flagship business campus in Berkeley Heights, the latest piece of its plan to revamp the 185-acre property.

Residential & Mixed Use
Connell secures rezoning, eyes start of mixed-use project at iconic Berkeley Heights campus

Local officials have approved the rezoning of The Connell Co.’s 185-acre business campus in Berkeley Heights, paving the way for new apartments, retail and entertainment venues alongside the property’s existing office and hospitality buildings.