Retail
JLL: Daycare, preschool center leases 14,000 sq. ft. at Hoboken office building

A new daycare and preschool center is coming to the base of a well-known office complex in downtown Hoboken, in a newly announced transaction by JLL.

Retail
Alvarez & Marsal Property Solutions to lease 130,000 sq. ft. Hoboken retail portfolio

The new owner of a 130,000-square-foot retail portfolio in Hoboken has tapped Alvarez & Marsal Property Solutions as its leasing agent for the spaces.

Office
Cured meats importer takes space at new-look office, co-working building in Hoboken

An importer of cured meats has relocated to New Jersey from Brooklyn, having signed a lease at a newly renovated co-working center in Hoboken.

Sponsored Content
No slowing down: Growth of e-commerce, last mile delivery and the densest state in America

The New Jersey industrial market has continued on its historic pace with vacancy rates dropping below 3 percent across the state. This has been driven by the unprecedented demand from online retailers and e-commerce-driven businesses desperate for warehousing and “last mile” distribution. E-commerce had already been on a rapid ascent for years with its share of the total retail market more than quadrupling since 2010. With the pandemic shuttering most brick-and-mortar locations for the better portion of 2020, e-commerce had taken on another level of growth. According to the U.S. Department of Commerce, sales increased 31.73 percent year over year, the fastest growth rate in 10 years, nearly doubling the second-highest growth rate of 17.81 percent in 2011.

Government & Public Policy
LCOR announces design, construction team for Hoboken rail yards project

LCOR, the developer tapped to transform the sprawling rail yards in southern Hoboken, has unveiled its team of design, construction and leasing professionals for the project.

Residential & Mixed Use
Affordable housing development expert joins Hoboken-based consulting firm

A consulting firm focused on affordable housing has named a new senior vice president.

Residential & Mixed Use
With return to work on the horizon, apartments in transit hubs show signs of a rebound

A return to the office could help bring commuters back to urban employment hubs such as Manhattan, lifting the market for transit-centric apartments in northern New Jersey.

Office
Developer opens newly expanded co-working space at Hoboken office building

A developer has unveiled a new co-working space in Hoboken after completing an extensive renovation and rebranding of an 80,000-square-foot office building in the city.

Office
Newmark: Availability grows in North Jersey office market, despite improved outlook

The amount of available office space in New Jersey grew further in the second quarter, despite leases by technology and life sciences tenants and signs of improvement on the horizon.

Health Care & Education
CBRE: Child care center signs 13,000 sq. ft. sublease in Hoboken, eyes opening

An early childhood education center is preparing to open its second location in Hoboken, having signed a 13,000-square-foot sublease in the city’s northern end.