A three-year-old clothing manufacturer could be joining the sprawling Kearny Point redevelopment, following the approval of a 10-year, $37.2 million incentive to support a new 113,000-square-foot facility at the complex.
An investment group has set out to revitalize two public housing complexes in Newark that city officials say are nearly uninhabitable, with plans to spend more than $170 million on the project and the full financial backing of the state.
NAIOP New Jersey will honor one of the state’s key government officials in recent years alongside one of its best-known developers as part of its upcoming fall awards dinner, where the association will also recognize several influential industry professionals.
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.
With the Grow New Jersey program set to expire in less than a year, the prospect of losing the incentive is already weighing heavily on the state’s commercial real estate market.
Mack-Cali Realty Corp. and E-Trade Financial Corp. have completed a lease renewal in Jersey City, where the online brokerage will expand to more than 130,000 square feet.
A developer joined local and state officials on Wednesday to break ground on a 60-unit affordable housing project in Newark’s North Ward, where plans call for redeveloping the former site of a Boys & Girls Club.
New Jersey’s largest office lease of the year to date is official. Brokers with JLL this week announced the completion of Teva Pharmaceuticals USA Inc.’s 345,000-square-foot lease at 400 Interpace Pkwy. in Parsippany, known as MCCBLUE, under a deal with P3 Properties.
Tim Lizura is now considering his next step after 22 years with Economic Development Authority, where he had become a fixture in New Jersey’s commercial real estate sector and a key player in the effort to revive cities such as Newark, Camden and New Brunswick.
Property owners in Camden have tapped into a state program meant to spur street-level retail and service businesses, adding to the resurgence of one of the city’s main thoroughfares.
