Developers, HMFA unveil 90-unit affordable housing project in Plainfield

A development team has taken the wraps off a new 90-unit affordable housing property in Plainfield, while bringing new life to what was a blighted commercial property.

Petrucci taps CBRE as leasing team for 1 million sq. ft. Logan industrial project

J.G. Petrucci Co. Inc. has named CBRE as its leasing agent for more than 1 million square feet of new industrial space in Logan Township, the first piece of a planned four-building campus.

Petrucci sells 96,000 sq. ft. industrial building in Logan Township

J.G. Petrucci Co. Inc. has sold a nearly 96,000-square-foot industrial building in Gloucester County to a global developer of ergonomic products.

Rose Real Estate inks multifamily sales in Belleville, Plainfield

Three apartment buildings in Union and Essex counties have changed hands for a combined $6.95 million, in a set of newly announced transactions by Rose Real Estate LLC.

Petrucci touts start of 2 million sq. ft. in New Jersey, Pennsylvania industrial projects

J.G. Petrucci Co. Inc. is set to break ground on more than 1 million square feet of new industrial space in Logan Township, in one of several projects that the firm will soon have underway.

Petrucci, PGIM detail 511,000 sq. ft. spec industrial project in Phillipsburg

More than 500,000 square feet of new industrial space is coming to Phillipsburg, under a newly announced project by J.G. Petrucci Co. Inc. and PGIM Real Estate.

J.G. Petrucci sells 188,000 sq. ft. industrial building in Somerset County

J.G. Petrucci Co. Inc. has completed the sale of a built-to-suit, 187,500-square-foot industrial building in Branchburg to a hospitality and food-service products company.

Petrucci announces promotion, names director of property management

By Joshua Burd J.G. Petrucci Co. Inc. has announced a promotion within its property management team. The Asbury-based developer said Wednesday that it elevated Joni Elekes to director of property management. In the new position, she will continue to be…

Wilcox, Thrivent close $170 million in loans for New Jersey apartment and industrial deals

G.S. Wilcox & Co. is touting $170 million in recent loan activity with one of its correspondent lenders, including $100 million for two northern New Jersey apartment developers.

At SIOR event, developers urge brokers to broaden their horizons

As tenants adopt a more regional approach to industrial space, New Jersey brokers must do the same and expand their focus to the Lehigh Valley and other neighboring markets. Brokers now have an opportunity to provide their clients with additional options beyond the core submarkets of northern and central New Jersey, developers say, noting that many regional tenants have already grown comfortable with casting a wider net.