Office
Mack-Cali eyeing sale of Hoboken office building for $245 million

Mack-Cali Realty Corp. has agreed to sell a nearly 570,000-square-foot office building in Hoboken for more than $240 million, the real estate investment trust said this week.

Residential & Mixed Use
Developers of new Hoboken rental building launch COVID donation program

The development team behind a new 424-unit apartment building in Hoboken is taking steps to support those on the front lines of the coronavirus pandemic.

Residential & Mixed Use
Leasing teams turn to virtual tours, platforms to lure renters during stay-at-home order

In-person tours have been curtailed and lease numbers are down, but virtual tours are helping luxury apartment buildings bring in renters in this time of social distancing. The virtual elements are so useful, in fact, that building representatives said they’ll keep using them after the coronavirus crisis is over.

Residential & Mixed Use
Developers in Hoboken, Oceanport launch virtual tours amid COVID-19 crisis

With the coronavirus crisis still escalating, two prominent New Jersey developers are now among those to offer virtual tours of their newly opened residential properties.

Finance & Capital Markets
REIT acquires Hoboken retail, rental portfolio, reportedly for $203 million

A joint venture has acquired a 39-building, mixed-use portfolio in Hoboken, brokers with Newmark Knight Frank announced, in a deal reportedly valued at more than $200 million.

Retail
Childcare center doubles footprint at Hoboken’s Shipyard complex, JLL says

A childcare center is expanding in uptown Hoboken with the completion of a nearly 7,100-square-foot lease with Ironstate Development, brokers with JLL announced.

Residential & Mixed Use
Developers hail leasing milestone at 424-unit Hoboken tower

A new 424-unit luxury apartment building on the western edge of Hoboken is now 50 percent leased, a milestone that comes less than six months after a joint venture debuted the property.

Retail
Hoboken: Café chain opens new shop at Bijou apartment building

A coffee shop has expanded its footprint in Hoboken, debuting a new location on the ground floor of a recently delivered, luxury apartment building by Bijou Properties.

People
MHS Architects hires project manager to support growing pipeline

Marchetto Higgins Stieve Architects has made its first new hire of 2020, continuing its rapid expansion amid the ongoing boom for luxury residential projects.

Professional Services
Diversity, mentorship are key ingredients in consulting firm’s growth

One of the state’s fastest-growing environmental consulting firms has embraced the increasing diversity in the field, a step that is critical to the company’s larger goal of attracting and developing talent at the top of its ranks.