Health care sector as a major driver in the real estate market

Raritan Bay Medical Center in Old Bridge — Courtesy: NK Architects By Ben P. Lee, AIA Since the great recession of 2008, the health care sector has emerged as a reliable investment for real estate developers and the capital market.…

Jersey City condo project tops out with more than 200 units sold

A new two-building luxury condominium project in Jersey City is more than 50 percent sold, as its developer hails the completion of vertical construction in the city’s Newport section.

Leasing surge fuels momentum at Jersey City rental project

A new 377-unit luxury rental project in Jersey City is more than 50 percent leased, its developer said, thanks in part to a recent surge in which it signed nearly 80 leases in just four weeks.

DeMarco joins Mack-Cali board

Mack-Cali Realty Corp. has appointed CEO Michael J. DeMarco to its board of directors.

Boutique wine shop commits to Jersey City rental building

A wine and spirits store has leased 5,000 square feet at the base of Modera Lofts, a 366-unit luxury apartment building inside a historic brick warehouse in Jersey City.

Developer set to begin ‘smart home’ apartments at NJCU campus project

For an apartment complex that will be built on university-owned land, the concept of a smart home seems all too fitting. That will be the case for a new 144-unit project by KKF Enterprises, part of a sweeping redevelopment on the western side of Jersey City.

Hudson County apartment sales total $8 million

Investors have paid a combined $8 million for 60 apartments in Hudson County, in a set of transactions arranged by Redwood Realty Advisors.

Mack-Cali set to dial back property sales after topping $500 million in 2017

Mack-Cali Realty Corp. reaped more than $500 million last year from the sale of buildings and joint venture interests, with additional sales slated for 2018 as it winds down its plan to right-size and reposition its vast portfolio.

Report: Leasing slowdown could yield opportunity, stable rents for N.J. office tenants

Tenant brokers with Savills Studley are touting an opportunity for office users in 2018, amid last year’s slowdown in leasing volume and growing availabilities in the state’s top submarkets.

Fast casual Japanese chain expands into N.J.

A fast casual Japanese chain has opened its first restaurant outside New York City, a 1,700-square-foot location at the base of a Jersey City office tower.