Government & Public Policy
EDA: Consumer products testing firm buys longtime leased facility in Essex County

A business that tests consumer products has acquired a 44,000-square-foot facility in Essex County that it had been leasing for 20 years, thanks in part to a small business loan program offered by the state Economic Development Authority.

Office
Segal LaBate: New owner plans to create tech hub at historic Trenton bank building

A technology consulting firm has acquired a historic 78,000-square-foot bank building in Trenton, with plans to reposition the property as a hub for innovative businesses.

Residential & Mixed Use
Devco, public officials break ground for New Brunswick Performing Arts Center

The New Brunswick Development Corp., public officials and a host of other stakeholders broke ground Wednesday on the $172 million New Brunswick Performing Arts Center project. Slated to rise 23 stories on Livingston Avenue, the mixed-use complex stands to transform the city’s famed downtown cultural arts district, spanning 450,000 square feet that will include performance venues, office space and more than 200 luxury apartments.

Residential & Mixed Use
Here is a detailed look at the New Brunswick Performing Arts Center project

The long-awaited New Brunswick Performing Arts Center broke ground on Wednesday. Here is a breakdown of the $172 million, 450,000-square-foot project.

Government & Public Policy
Demolition expected to spur redevelopment of 36-acre Fort Monmouth site

State officials have paved the way for the demolition of a 750,000-square-foot former research complex at Fort Monmouth, allowing them to market a larger 36-acre site on the property to prospective developers.

Government & Public Policy
EDA: Three NYC manufacturers eye a combined 193,000 sq. ft. in N.J.

Three manufacturers could be moving to New Jersey from New York City’s outer boroughs, following the approval of incentives for the firms by the state Economic Development Authority.

Government & Public Policy
Payment solutions firm commits to 90,000 sq. ft. HQ in Lawrenceville, EDA says

An invoicing and payment software firm will relocate within Mercer County to nearly 90,000 square foot in Lawrenceville, state officials said Wednesday, thanks in part to a 10-year, $12.9 million tax credit that was awarded to the business earlier this month.

Office
Biotech startup commits to former Roche campus in Nutley, reports say

A biotech firm has reportedly opted to move its headquarters from Brooklyn to a piece of the former Hoffmann-LaRoche campus in Nutley, following the approval of a $32.3 million state tax credit aimed at luring the company to New Jersey.

Government & Public Policy
Growing life sciences firms, Big Pharma giant offered EDA incentives

State officials have approved tax credits meant to help three pharmaceutical firms grow the industry’s footprint in New Jersey, while also dangling a nearly $40 million incentive to keep a global life sciences giant from pulling its U.S. headquarters out of the state.

Industrial
Hartz completes new service facility at former Kearny landfill site

Hartz Mountain Industries and Cummins Inc., a global engine maker and power company, have completed a new 57,000-square-foot facility in Kearny, marking a milestone in a complex, long-running effort to redevelop a former landfill in the Hudson County town.