Owners Council Q&A: Jack Morris

I’ll always be bullish on New Jersey. As with any market, we may need to endure some ups and downs, but our state’s fundamentals give us a high floor and a very high ceiling. Qualities like access to New York City, a highly trained workforce, great medical facilities and care, an array of recreational assets and municipalities that are attractive to families give New Jersey long-term appeal. Also, citizens value safety and security, and I want to give kudos to the incredible law enforcement professionals who serve our communities in New Jersey each and every day.

Owners Council Roundtable: Besides the capital markets, what is a major challenge that the industry still faces?

We posed the question to members of our 2024 Owners Council. Here’s what they had to say.

‘We’ve just scratched the surface:’ Morris sees continued investments in workforce, property as Hard Rock marks five years in Atlantic City

Five years in, the work has only just begun for the team behind the Hard Rock Hotel & Casino Atlantic City. That’s according to Jack Morris, the real estate magnate and co-owner of the boardwalk resort, who said the partnership plans to continue the types of investments that have defined the property since it opened in 2018. That includes everything from renovated suites and a new high-end lounge overlooking the Atlantic Ocean to an ongoing focus on rehabilitating and employing former nonviolent offenders in the city.

Edgewood affiliate breaks ground on project with 360 rentals, hotel in Gloucester Twp.

Construction is underway on a project that will bring 360 apartments and a hotel to a site that’s adjacent to Route 42 and just minutes from Camden County College in Gloucester Township.

Edgewood buys vacant 250,000 sq. ft. Basking Ridge office building, in JLL-brokered deal

Edgewood Properties has acquired a 250,000-square-foot office building in Somerset County that was recently vacated by a global insurance company, in a deal arranged by JLL.

Edgewood expands veterans housing program within growing New Jersey portfolio

With Veterans Day approaching, Edgewood Properties has announced an expansion of a program that helps provide housing to military service members.

New Brunswick health care, education leaders break ground on $750 million cancer center

Construction is underway on what will be the latest addition to the New Brunswick skyline — a 12-story, 510,000-square-foot cancer hospital operated by two of the city’s anchor institutions.

Edgewood affiliate acquires note on 271,000 sq. ft. Meadowlands office building

An affiliate of Edgewood Properties has taken control of a well-known, 271,000-square-foot office building in the Meadowlands.

Edgewood opens 209-unit Freehold project, unveils veterans housing initiative

Edgewood Properties has opened the doors to a new luxury apartment complex in Freehold, where it has launched a leasing program that gives priority to current and former military personnel.

Edgewood acquires 104,000 sq. ft. office building in South Plainfield, JLL says

Edgewood Properties has acquired a vacant 104,020-square-foot office building in South Plainfield, the highly visible site of a former headquarters property along Interstate 287.