Government & Public Policy
A fond farewell: Lizura reflects on 22 years with EDA, prepares for what comes next

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.

Government & Public Policy
EDA grant program fueling retail, restaurant growth in Camden

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.

Office
Teva moving to Parsippany from Pennsylvania, Murphy says

Teva Pharmaceuticals will move its U.S. headquarters to Parsippany from Pennsylvania, Gov. Phil Murphy said Thursday, bringing nearly 850 jobs and a commitment to occupy nearly 350,000 square feet.

Government & Public Policy
RWJBarnabas plans new health campus on Fort Monmouth parcel, state says

State officials have approved plans for RWJBarnabas Health to acquire a piece of the landmark Fort Monmouth property, where it will develop a large health campus in place of what is currently a defunct Cold War-era research complex.

Government & Public Policy
Report by business, labor groups fights back against criticism of incentives

Amid growing criticism of the state’s incentive programs, a group of prominent business and labor associations are aiming to set the record straight in Trenton.

Government & Public Policy
Lizura leaving EDA next month

Tim Lizura, the Economic Development Authority’s president and chief operating officer since 2012, is stepping down from the influential state organization next month.

Government & Public Policy
EDA: Teva Pharmaceuticals weighing 345,000 sq. ft. in Parsippany

The state has approved a 10-year, $40 million tax credit package to encourage Teva Pharmaceuticals to move its U.S. headquarters from Pennsylvania to Parsippany, where it would lease more than 345,000 square feet to house more than 1,000 employees.

Government & Public Policy
Big-name companies in finance, pharma on EDA agenda for incentives

E-Trade Financial Corp. and Teva Pharmaceuticals have applied for more than $60 million in combined tax credits for proposals in Jersey City and Parsippany, respectively, with the state Economic Development Authority slated to consider their applications on Tuesday.

Office
It’s official: Edison, Mars Wrigley ink lease for Ironside Newark

Edison Properties and Mars Wrigley Confectionery U.S. have completed a lease that will bring the candy company to downtown Newark.

Industrial
Elberon: New deals bring Elizabeth building to 100 percent leased

Elberon Development Group has signed two new leases at a 115,000-square-foot warehouse in Elizabeth, including a deal with a foot care business that is relocating from Brooklyn.