Industrial
Bridge sells 2.2 million sq. ft. Phillipsburg industrial portfolio to PGIM for $275 million

Bridge Development Partners has announced the sale of a four-building, 2.2 million-square-foot industrial portfolio in Phillipsburg, the first piece of a massive project near Interstate 78.

Residential & Mixed Use
Larken eyes multigenerational renter pool, unveils 198-unit project in Warren County

Larken Associates has marked the opening of 198 new apartments in Warren County, offering a mix of housing types at a site near one of the region’s main thoroughfares.

Policy Page
Taking the temperature of New Jersey’s economy and commercial real estate sector

We are now more than six months into the pandemic that shut down much of New Jersey’s economy in early March. I thought it would be a good time to pause to look at where we are in terms of recovering from the staggering unemployment and economic losses caused by the health crisis. There is some surprisingly good news, but it must be taken with a strong dose of caution.

People
Larken Associates adds senior project manager, director of construction accounting

Larken Associates has expanded its in-house construction team with the addition of two veteran industry professionals.

Residential & Mixed Use
Larken starts preleasing, eyes opening of 198 apartments in Warren County

Larken Associates has launched preleasing at a soon-to-be-completed, 198-unit luxury residential project in Warren County.

Industrial
Bridge, beverage company ink 420,000 sq. ft. lease at Warren County industrial park

Bridge Development Partners has lured a second tenant to its new logistics park in Warren County, inking a nearly 420,000-square-foot lease with a well-known beverage company.

Industrial
New Jersey slated for third-largest expansion of industrial space this year, report says

With modern logistics space still in short supply across the country, northern New Jersey will be among the top three markets this year to expand its stock of industrial buildings.

Industrial
Bridge, Uniqlo ink major lease at 3.85 million sq. ft. industrial project in Warren County

Bridge Development Partners has landed a major tenant at a six-building, 3.85 million-square-foot industrial park now under construction in Warren County, inking its largest lease to date with the Japanese clothing maker Uniqlo.

Residential & Mixed Use
Larken breaks ground on 198-unit rental project near Phillipsburg

Nearly 200 new apartments are coming to Warren County, where a real estate firm is redeveloping the former site of a well-known farm and garden center.

Industrial
New Jersey project will be this year’s top industrial delivery, report says

The unrelenting demand for industrial space has fueled new construction across the country — and New Jersey is home to what will be the largest project of the year.