Alliance Calibrations Group, which manages instruments in chemical laboratories, has acquired an 11,000-square-foot facility in North Brunswick that will serve as its permanent headquarters.
EDA reviewing tax credit awards to Teva, Norcross-linked firms
A state agency is looking into six companies that were awarded tax credits under New Jersey’s beleaguered incentive programs, including a global drug manufacturer and several firms with ties to George E. Norcross III, the powerful South Jersey Democratic leader.
Financial services firm eyes 215,000 sq. ft. lease, with help of expiring tax credit program
A financial services firm has proposed leasing more than 215,000 square feet in Morris County with the help of a 10-year, $22.2 million tax credit under the state’s expiring incentive programs, as lawmakers gathered this week to consider an extension of the subsidies.
The RealReal opens 490,000 sq. ft. e-commerce center in Perth Amboy
An online luxury consignment shop has officially added to its footprint in New Jersey, marking the opening of its nearly 500,000-square-foot distribution center in Perth Amboy.
Audible unveils 80,000 sq. ft. ‘innovation cathedral’ at historic Newark church
Audible has completed its restoration of a historic church in downtown Newark, debuting a new 80,000-square-foot office and innovation space as part of its growing footprint in the city.
EDA touts $2.5 million loan for Trenton manufacturer
New owners have taken the reins of a nearly 40-year-old manufacturing firm, having recently acquired the company’s 160,000-square-foot warehouse facility in Trenton.
Murphy names new EDA board chair amid ongoing calls for reform
Gov. Phil Murphy has named a new board chair of the Economic Development Authority, tapping a fellow former Goldman Sachs executive as part of his plan to overhaul the agency.
Holistic thinking, public-private approach remain a focus at New Jersey Future’s redevelopment forum
New Jersey Future’s annual Redevelopment Forum drew a crowd hundreds to New Brunswick recently, in a show of support for big-picture planning, adaptive reuse and public-private collaboration when it comes to development in the Garden State.
Three more co-working locations join EDA program for rent grants
Three female-led co-working spaces have joined the growing list of locations that are eligible for rent support grants under a program offered by the state Economic Development Authority.
Biotech firm, weighing 90,000 sq. ft. HQ in Plainsboro, wins EDA tax credit approval
The state has approved a 10-year, $12.8 million tax credit package to encourage a biotechnology company to expand in Mercer County, with the potential to take 90,000 square feet at a former Bristol-Myers Squibb headquarters campus in Plainsboro.
