Prism: Roadwork, upgrades continue as ON3 prepares for new users

Prism Capital Partners has completed the first phase of major infrastructure improvements at its ON3 campus in Nutley and Clifton, as it continues to ready the site for new tenants and additional construction.

Liquor license reform bill advances in Assembly

A bill that would create new specialized, lower-cost liquor licenses and likely provide a boost to New Jersey’s commercial real estate sector has cleared another hurdle in the Legislature.

Prism completes site plan, eyes start of construction for Woodbridge rental project

Prism Capital Partners is poised to move forward with its redevelopment of five acres in downtown Woodbridge, where it’s planning a mixed-use project with more than 230 apartments.

Prism unveils plans for Ralph Lauren building in Nutley

Prism Capital Partners has detailed its plans for the Nutley office building that will become home to Ralph Lauren Corp., the latest tenant to commit to its 116-acre ON3 campus.

LMC: Filipino grocer takes 16,000 sq. ft. in Clifton

A Filipino grocer is expanding in northern New Jersey with a new 16,000-square-foot lease in Clifton, in a transaction announced by Levin Management Corp.

Healthy options: A look at the growth of medical retail in New Jersey

Medical tenants have become increasingly critical to the retail sector, creating a new opportunity for landlords who have grappled with e-commerce and bankrupt retail chains. New Jersey is no exception, and the opportunity comes as urgent care centers, physical therapists and other businesses experience rapid growth spurred by major changes in the health care industry.

Experts: Supreme Court’s ‘Wayfair’ ruling will have broader impact on taxes than real estate

A recent ruling by the U.S. Supreme Court will likely raise the cost of some online sales and provide an infusion of revenue for New Jersey’s state coffers, but its impact on commercial real estate may be limited.

Team Resources inks new industrial deals in Bergen, Passaic counties

A plastics and packaging company has renewed its 83,000-square-foot lease in Wood-Ridge, in one of several deals announced last week by Team Resources Inc.

AECOM names new VP, managing principal for N.J. practice

Global consulting and infrastructure firm AECOM has announced the hiring of a new vice president and managing principal in New Jersey.

Roadway, utility upgrades underway at Prism’s ON3 campus

Prism Capital Partners has launched nearly $10 million in roadway and utility upgrades at the former Hoffmann-LaRoche campus in Nutley and Clifton, as it prepares to welcome new tenants to the 116-acre redevelopment site.