Professional Services
Connell Foley taps environmental law co-chair as next managing partner

A top environmental attorney and longtime leader at Connell Foley LLP is set to become the firm’s next managing partner.

Industrial
Duke Realty names new development associate in New Jersey

Duke Realty has hired Gregg Bazzani as a development associate in New Jersey.

Residential & Mixed Use
Tantum, public officials hail opening of veterans housing building in Jersey City

Tantum Real Estate has opened the doors to a new boutique apartment building in Jersey City that will provide affordable housing to military veterans and other residents.

Retail
LMC: Fast-casual seafood chain takes 2,000 sq. ft. at Jersey City shopping center

Snap Back by Hook & Reel — a fast-casual version of the Hook & Reel Cajun Seafood and Bar concept — has leased about 2,000 square feet at a Jersey City shopping center.

Office
Amazon ditches plan for 400,000 sq. ft. lease at Mack-Cali campus in Jersey City, report says

Amazon has reportedly scrapped a plan to take some 400,000 square feet of office space at Mack-Cali Realty Corp.’s renovated Harborside campus in Jersey City.

People
JDA Group executive promoted to vice president

Commercial real estate firm JDA Group LLC has announced a promotion on its team as it looks ahead to a high-profile development project and other growth opportunities.

Office
Shipping firm inks 10,000 sq. ft. office lease in Jersey City, C&W says

Cushman & Wakefield has negotiated a long-term office lease in Jersey City for ZIM American Integrated Shipping.

Finance & Capital Markets
Developer lands $96 million loan from SCALE, eyeing another 811 units in Journal Square

A developer has landed nearly $100 million in financing to both break ground on 235 apartments and acquire a nearby site that is approved for another 576 units, with both parcels located in Jersey City’s historic and re-emerging Journal Square neighborhood.

Industrial
I.CON panel: For spec builders in top logistics markets, it pays to wait to sign a lease

In today’s booming industrial market — with rents rising by the month and supply at unprecedented lows — developers are now grappling with a seemingly unprecedented question: How soon is too soon to sign a lease at a building that’s still under construction? According to some leading owners, it pays to wait.

Residential & Mixed Use
KRE launches leasing, eyes December move-ins at 38-story rental tower in Jersey City

Kushner Real Estate Group has all but completed a new 38-story apartment tower in downtown Jersey City, adding another 507 units to its fast-growing portfolio in Hudson County.