Events
USGBC NJ honors LEED projects of the year, returns to in-person celebration

Local leaders with the U.S. Green Building Council gathered last week to honor dozens of projects, firms and individuals that are advancing sustainability in New Jersey, as the chapter hosted its first in-person awards gala in more than three years.

Professional Spotlight
Marchetto Higgins Stieve Architects

Marchetto Higgins Stieve Architects (MHS Architects), a premier architectural, planning and design firm, has 40 years of experience and a high success rate of helping clients navigate the complex development process with proven expertise. With every mixed-use multifamily development, MHS Architects strive to create appropriate architecture and places for people to live, work and play.

Government & Public Policy
Murphy joins LCOR, NJ Transit to break ground on historic Hoboken Connect project

Construction is set to begin on the long-awaited Hoboken Connect project, where plans call for improving the city’s historic transit terminal, infrastructure upgrades and new development that would include nearly 400 apartments and 635,000 square feet of high-end office space.

Residential & Mixed Use
Penthouse at Hoboken’s ‘Wonder Lofts’ sold for multimillion-dollar price

A buyer has snagged one of two multimillion-dollar penthouses at Wonder Lofts, the new upscale condominium property at the site of the historic Wonder Bread factory in Hoboken.

Featured
Will cold storage heat up in New Jersey?

By Kristian Cichon, ME, BE, Director of Acquisitions Deugen Development The New Jersey industrial market has managed to continue its historic pace of rising rents and new development, while vacancy rates have remained below 2 percent. This unprecedented demand from…

Finance & Capital Markets
Investor lands $26 million acquisition loan for 1,250-space Hoboken parking deck

The buyer of a 1,250-space parking structure in uptown Hoboken has obtained nearly $27 million in financing for the deal, according to a debt placement team with Northmarq.

Retail
Ripco named retail leasing agent at two upscale Hoboken apartment buildings

The owner of two luxury apartment buildings in western Hoboken has tapped Ripco Real Estate as its leasing agent for a series of street-level retail spaces at the properties.

Residential & Mixed Use
Wonder Lofts opens new on-site sales office, model homes as first buyers move in

The team behind the newly restored Wonder Lofts property in Hoboken has officially opened the collection of upscale condominiums with its debut of an on-site sales office.

Cover Story
LCOR, NJ Transit seek to reopen historic ferry building as part of high-profile Hoboken project

Development firm LCOR is seeking to revitalize the long-dormant, two-story ferry terminal in Hoboken — envisioning uses such as event space, market-style retail and other concepts — in what could be the centerpiece of a plan to transform the city’s historic transit hub.

Industrial
Faropoint sells multistate, 6.8 million sq. ft. industrial portfolio for $481 million

Investment firm Faropoint has sold a multistate, 6.8 million-square-foot portfolio of warehouse and light industrial properties for $481 million.