Office
SJP: Jet.com expands (again) in Hoboken with 42,000 sq. ft. lease

SJP Properties and Jet.com have signed another expansion at the Waterfront Corporate Center complex in Hoboken, where the e-commerce firm now occupies more than 200,000 square feet.

Sponsored Content
Transit hub markets speed away from competition

Office buildings within the state’s transit hub market record lower vacancy rates and higher rents compared to suburban spaces, according to JLL’s annual research report. Companies continue to pursue office space in proximity to walkable amenity-rich areas and with access to mass-transit options for their workforces and clients.

Finance & Capital Markets
Developers land $64 million loan for Hoboken ‘Wonder Lofts’ project

A joint venture has closed on a $64 million loan for its plans to convert a historic Wonder Bread factory in Hoboken into an 89-unit luxury residential building.

Office
JLL: Transit hub office clusters still shine, despite 2017 hiccup

For all of the appeal of having office space near a train station, eight of New Jersey’s best-known “transit hub” submarkets took a collective step back in 2017, although they continue to stand apart from the state’s suburban highway corridors.

Professional Services
MHS Architects names new principal, BIM director

Marchetto Higgins Stieve Architects has announced two promotions, including the appointment of a new partner.

Residential & Mixed Use
Advance completes first phase of upgrades at Hoboken apartments (SLIDESHOW)

Advance Realty has unveiled the first phase of its plan to renovate and enhance a 128-unit luxury apartment in uptown Hoboken, following its acquisition of the property last year.

Government & Public Policy
Flood wall decision looms large for Hoboken rail yards project

State officials could soon make a decision on key flood protection measures in Hoboken — one that could make or break a long-awaited, 2.3 million-square-foot redevelopment of the rail yards at the southern edge of the city.

Residential & Mixed Use
Investors pay $17.7 million for 37-unit Hoboken building

An investment group has made its first foray into Hoboken, acquiring a 37-unit uptown apartment building from a longtime family owner.

Office
SJP launches new division for third-party development, construction services

SJP Properties has announced the creation of a new division within the firm, formalizing its push to expand its third-party development and construction management business.

Retail
C&W: Hoboken, Montclair among first U.S. locations for maternity and baby clothier

A United Kingdom-based maternity and children’s clothing chain has picked New Jersey for two of its first U.S. stores, including locations in Hoboken and Montclair.