Office
LeFrak, Fidelity Investments ink 185,000 sq. ft. lease renewal at Jersey City office tower

LeFrak has signed a nearly 185,000-square-foot lease renewal with Fidelity Investments, a longtime tenant at one of the developer’s Jersey City office towers.

Health Care & Education
Nonprofit vaccine developer takes 30,000 sq. ft. at Jersey City life sciences building, CBRE says

Thor Equities Group has signed a new deal at its life sciences building in Jersey City, leasing nearly 30,000 square feet of lab-ready space to a nonprofit biotechnology organization.

Retail
Pierson: Tenant wanted for newly available, 4,000 sq. ft. retail space in Jersey City

A retail space in Jersey City section is available for the first time in more than a decade, offering some 4,000 square feet in a busy residential and commercial district.

Residential & Mixed Use
Nasser Freres, Fulop break ground on 622-unit luxury apartment tower in Journal Square

Development firm Nasser Freres has broken ground on a project that will add 622 apartments and commercial space to Jersey City’s resurgent Journal Square neighborhood.

Residential & Mixed Use
New amenities debut at 336-unit Jersey City project by Fields Grade, Ursa Development

The developers of a new 336-unit apartment building at the border of Jersey City and Hoboken have debuted a series of indoor and outdoor amenities at the upscale property.

Finance & Capital Markets
Developers of 477-unit West Side Square project in Jersey City ink $169 million financing deal

A development group has landed more than $169 million in financing for a project that will bring 477 new apartments and retail space to Jersey City’s growing West Side neighborhood.

Editor’s Note
Sprucing it up

New Jersey is largely built out, at least as far as the best locations are concerned, meaning redevelopment is often the only option. That’s driving a series of new investments by shopping center owners that have secured new deals with supermarkets and other big-box tenants. Those landlords are now renovating their assets in conjunction with the new anchor leases, which figures to help attract new retailers to those properties.

Residential & Mixed Use
Halpern welcomes first residents to 337-unit Birch House on Jersey City’s West Side

The first renters have arrived at one of the highest-profile new luxury apartment buildings in Jersey City’s fast-growing West Side neighborhood.

Office
JLL: ‘Premier’ office buildings still shining in New Jersey with lower vacancy, higher rents than other Class A properties

Only a third of northern and central New Jersey’s top office buildings are less than 10 years old or have been significantly improved within that span — but their owners are reaping the benefits.

Government & Public Policy
The affordable housing debate: Gubernatorial candidates weigh policy challenges, solutions at New Jersey Planning and Redevelopment Conference

The debate over how to expand affordable housing in New Jersey is far from over, even after the passage of a law to devise the next round of obligations for hundreds of towns and cities. That was clear last week during a roundtable discussion involving four candidates hoping to be the state’s next governor, who were on hand for the annual New Jersey Planning and Redevelopment Conference in New Brunswick.