Event Coverage
Brighter days ahead: Panelists bullish on Jersey City office market amid historic Bank of America lease, continued residential boom

If there were ever a time for optimism — specifically for Jersey City’s embattled office market — it may as well come after a blockbuster 548,000-square-foot lease. That bullishness was evident Wednesday at the annual Jersey City Summit, where panelists were largely upbeat and confident that the submarket was due for a major uptick after several challenges in recent years.

Residential & Mixed Use
Cervelli: Updated six-unit rental building in Jersey City Heights trades for $1.3 million

A private entity has acquired a newly renovated, six-unit apartment building in Jersey City for $1.3 million, in a deal arranged by Cervelli Real Estate and Property Management.

Industrial
Marcus: Well-known self-storage portfolio in North Jersey trades in eight-figure deal

A portfolio of five self-storage buildings in northern New Jersey has changed hands for what brokers say is a nearly nine-figure price, in a deal arranged by Marcus & Millichap.

Office
LeFrak sees Newport office building, with abundant power and industrial-style construction, as a key draw for AI players

In a time in which access to power is at a premium — thanks largely to the needs of Big Data and artificial intelligence — a historic building in Jersey City’s Newport district has emerged as a potential destination for technology firms and other players in the space.

Retail
Jersey City’s ‘Atlas,’ new tower in Bergen-Lafayette, more than 50 percent leased

A new 169-unit apartment tower in Jersey City is more than 50 percent leased, its developers said, touting renters’ continued interest in the resurgent Bergen-Lafayette neighborhood.

Top News
Crockett succeeds Cain as executive director of Jersey City’s Exchange Place Alliance

The Exchange Place Alliance in Jersey City has named a new executive director, tapping former Mack-Cali Realty Corp. executive Deidre Crockett for the role.

Events
NAIOP celebrates the best in New Jersey commercial real estate, drawing 800 for 37th annual awards gala

The annual reception and networking extravaganza drew more than 800 industry leaders, as the chapter honored a series of key real estate players and transformative deals in New Jersey.

Residential & Mixed Use
Newest Urby residential tower set to debut in Journal Square

The developer behind the Urby residential brand is set to unveil its latest project, a 317-unit apartment tower in Jersey City’s booming Journal Square neighborhood.

Retail
LeFrak bringing new shops, restaurants to Newport after 27,000 sq. ft. in leasing deals

Several new retail and restaurant tenants are coming to LeFrak’s waterfront Newport district in Jersey City after a series of leases dating to last year.

Residential & Mixed Use
Fantin: Journal Square rental building now 75 percent leased after recent surge

Renters are snapping up homes at a new 297-unit apartment building in Jersey City, in a sign of continued demand for the rejuvenated Journal Square neighborhood.