Cover Story
Commercial landlords hope for continued growth

Experts believe the reforms will spur additional growth during an expansion that will soon be the second-longest in U.S. history, thanks in part to a sweeping cut to the corporate tax rate from 35 to 21 percent. That bodes well for New Jersey’s office and industrial landlords.

Professional Services
CBRE names new executive VP in New Jersey

CBRE has promoted one of its well-known brokers in New Jersey for the second time in less than a year.

Industrial
Bridge acquires I-78 industrial site with approvals for 3.8 million sq. ft.

Bridge Development Partners has acquired the rights to build nearly 4 million square feet of industrial space near Interstate 78, following its $43 million purchase of a sprawling development site in Warren County.

Finance & Capital Markets
CBRE brokers $52 million loan for buyer of New Brunswick tower

A joint venture has acquired a 186-unit student housing building in downtown New Brunswick, with CBRE arranging more than $52 million in acquisition funding.

Retail
Fast casual Japanese chain expands into N.J.

A fast casual Japanese chain has opened its first restaurant outside New York City, a 1,700-square-foot location at the base of a Jersey City office tower.

Industrial
New 290,000 sq. ft. industrial project underway in Newark

Construction is underway on a new 290,000-square-foot distribution center project just outside Port Newark-Elizabeth, according to brokers with CBRE who are marketing the property.

Health Care & Education
CBRE: Growth of pharma, biotech firms offers bright future for R&D space in N.J.

Despite years of consolidation by Big Pharma, New Jersey is one of a handful of markets that stand to gain from a promising growth trajectory for the U.S. life sciences sector.

Professional Services
Veteran retail broker joins CBRE in Saddle Brook

CBRE has added a longtime retail specialist as one of its newest brokers in New Jersey.

Office
Woodmont, CBRE debut upgrades at Princeton-area office building (SLIDESHOW)

Woodmont Properties has completed an $11 million renovation at a West Windsor office building, where brokers with CBRE are marketing nearly 35,000 square feet.

Office
Mack-Cali names new CFO, executive VP of leasing

Mack-Cali Realty Corp. has announced changes in two top management positions, hiring a new chief financial officer and a new executive vice president of leasing.