Government & Public Policy
Permitting dashboard, staffing shortages in focus as Sherrill-led regulatory reform advances, Doucette tells NAIOP New Jersey

Gov. Mikie Sherrill’s team has taken key steps toward streamlining approvals, creating a real-time permitting dashboard and growing headcount at agencies like the Department of Environmental Protection, a top administration official told NAIOP New Jersey last week.

Event Coverage
Legacy, advocacy in focus as NAIOP honors CRE leaders across generations

NAIOP New Jersey’s annual President’s Awards and Hall of Fame Reception drew a sold-out crowd as the chapter honored past, present and future commercial real estate leaders while looking ahead to new leadership in Trenton.

Cover Story
On the horizon: NAIOP New Jersey is future-focused (at a pivotal time), with strategic plan in place and a governor’s race looming

This year’s gubernatorial and legislative elections loom large amid NAIOP New Jersey’s new four-year strategic plan and its focus on advocacy, creating new value for its members and elevating the commercial real estate sector in the minds of outside stakeholders.

Featured
Perth Amboy warehouse, site of New Jersey’s first-ever community solar project, back in focus as Murphy, business leaders tout program’s role in reducing energy costs

As state officials look to tackle rising energy costs, a program that has brought rooftop solar panels to dozens of New Jersey warehouses has taken on added importance as a means of easing that burden without many of the risks and hurdles of major infrastructure projects.

Industrial
Industrial tenants delaying lease decisions amid capital concerns, despite demand for new space

Industrial tenants are still yearning for the types of modern, high-end logistics spaces that have flooded the market in recent years. When they may actually sign a lease is not nearly as certain.

Top News
A major caveat

Most people I speak to about the industrial sector have kept a level head about the market’s recent pullback, using words like “normalizing” or “moderating” after the high-flying days of about three years ago. That perspective is to be commended,…

Professional Services
Langan’s Chun among five honorees for NAIOP’s 2023 Developing Leaders Award

NAIOP has recognized a senior project scientist with Langan Engineering & Environmental Services as a recipient of its 2023 Developing Leaders Award.

Technology
More than buzzwords: How Faropoint is using data, artificial intelligence to gain an edge in industrial deals

Investment firm Faropoint is using artificial intelligence to generate new insights on properties, improve its underwriting and support its growing industrial platform, providing a glimpse at a technology that is far from perfect but primed to disrupt commercial real estate in the years to come.

Government & Public Policy
Demand for studio space still growing in New Jersey, as officials move to expand opportunities

New Jersey’s fast-growing film and television industry has created a boom in studio construction and a new market for commercial spaces that can serve as set locations, as state officials take new steps to help more municipalities reap the benefits.

Industrial
Investor demand for industrial space soaring to new heights, as rents rise at record pace

Industrial rents in New Jersey and other top markets are rising at unprecedented rates, leaving investors hungrier than ever for properties across the asset class.