Hoping for growth

New Jersey has only scratched the surface in the co-working and shared office space sector, despite the fact that it is experiencing rapid growth in New York City and other major markets. Fortunately, we’re hearing that the Garden State is poised to grow its share. The industry’s biggest name, WeWork, has ramped up its search for space in New Jersey over the past year, which means its competitors may not be far behind. The requirements have the potential to further strengthen top submarkets such as the Hudson waterfront, while providing a needed boost in areas where vacancy remains high.

USGBC NJ unveils LEED projects of the year, honorees for spring gala

A new corporate campus in Bergen County and two upscale, environmentally conscious condominium projects will be among the top honorees this year at an annual gala hosted by the U.S. Green Building Council’s New Jersey chapter.

SIOR NJ highlights top industrial, office deals from 2018

The Society of Industrial and Office Realtors’ New Jersey chapter presented its annual largest deal awards last week, showcasing some of the industry’s top transactions of 2018.

Bijou promotes development exec, eyes expansion into Montclair and Morristown

Bijou Properties has announced a key promotion within its ranks as part of a plan to expand beyond its hometown of Hoboken and into markets such as Montclair and Morristown.

Investment group acquires 30-unit rental property in Hoboken (UPDATED)

A joint venture has closed on its second Hoboken apartment building in the last six months, acquiring a 30-unit property in the city for $15.5 million.

RKF named leasing agent for Maxwell’s in Hoboken

The owner of a landmark music venue and restaurant in Hoboken has hired RKF to market the property to prospective new tenants.

With upgrades underway, JLL named leasing agent at Hoboken office building

The owner of a 120,000-square-foot office building near the Hoboken waterfront has tapped JLL as its leasing agent.

Prism launches construction at ‘Wonder Lofts’ project in Hoboken

Prism Capital Partners has kicked off its plan to convert a historic Wonder Bread factory in Hoboken, where the firm and its partners will deliver more than 80 luxury condos and apartments.

AESI founder named ‘Executive of the Year’ at NJBIA event

The head of Atlantic Environmental Solutions Inc. has earned “Executive of the Year” honors as part of an annual awards ceremony by the New Jersey Business & Industry Association.

Murphy unveils Hoboken flood wall location, but fate of rail yards project still unclear

Gov. Phil Murphy has announced a long-awaited plan for a flood barrier at the southern end of Hoboken, although its location could threaten or dramatically alter a proposal to redevelop the rail yards alongside the city’s busy train terminal.