Government & Public Policy
Morristown, Silverman Group reach $5.5 million settlement in lawsuit over scuttled Deloitte deal

Morristown will pay $5.5 million to settle a lawsuit with the Silverman Group after the developer alleged the mayor thwarted a deal to bring Deloitte LLP to one of its properties, instead steering the accounting giant to its eventual home at the M Station campus.

Retail
ULI awards showcases the best in land use, redevelopment while highlighting ongoing challenges in New Jersey (SLIDESHOW)

Th Urban Land Institute’s Northern New Jersey chapter hosted its largest event of the year, honoring projects, professionals and companies in nearly 20 categories as recipients called for continued cooperation between developers and policymakers.

Events
United Way reveals commercial, industrial award finalists for annual real estate luncheon

United Way of Northern New Jersey has unveiled the finalists for its commercial real estate awards next month, part of a program that will mark its 25th year of partnering with industry executives for the organization’s largest annual fundraiser.

Top News
Making connections: How Morristown’s HQ Plaza will engage residents, visitors with new public-facing spaces

The renovation of Morristown’s landmark Headquarters Plaza will look to energize the sprawling concourse that connects three office towers, a Hyatt Regency hotel and a host of retailers and restaurants under the roof of the 1 million-square-foot complex. Not to be overlooked is the idea that the refreshed property will also engage the community in a way that it hasn’t in decades, taking cues from the town’s other recent redevelopment projects.

Top News
JLL: More moves ahead for life sciences firms seeking higher-end space in New Jersey

New Jersey’s life sciences sector is poised for continued growth in 2024, following a year in which the industry was a key source of demand for commercial real estate owners.

Events
ULI Northern New Jersey unveils honorees for April awards gala

The Urban Land Institute’s Northern New Jersey chapter has announced the winners of its 2024 Excellence Awards, highlighting a host of projects and professionals involved in land use and development in the state.

Office
SJP tops out new Sanofi office building in Morristown, eyeing early 2025 delivery

Sanofi’s new 260,000-square-foot office building in downtown Morristown is on track to open early next year after the recent completion of vertical construction by SJP Properties.

Office
SJP tops out new Sanofi office building in Morristown, eyeing early 2025 delivery

Sanofi’s new 260,000-square-foot office building in downtown Morristown is on track to open early next year after the recent completion of vertical construction by SJP Properties.

Features
Gensler marks 30 years in New Jersey with an expanded focus, but still at the forefront of workplace design

Gensler is marking 30 years in New Jersey, where it finds itself at the forefront of not only the fast-changing office market, but several of the state’s key growth sectors.

Office
Leasing slowdown, consolidations weigh on New Jersey office market, despite Class A deals

Office vacancy in northern and central New Jersey continued upward in early 2023, driven by a slowdown in leasing and large blocks of space flooding the market, even as high-end buildings remained a draw for tenants seeking a more modern work environment.