A recent spike in leasing demand has boosted New Jersey’s office market to start the year, even as large blocks remain available amid corporate downsizing and concerns about the economy.
The historic deal to bring Nokia Bell Labs to New Brunswick was nearly a year in the making, beginning in earnest with the company’s visit to a four-acre construction site downtown.
The historic deal to bring Nokia Bell Labs to New Brunswick was nearly a year in the making, beginning in earnest with the company’s visit to a four-acre construction site downtown.
Nokia Bell Labs will break ground in 2025 on its new 360,000-square-foot facility in downtown New Brunswick, executives said Monday, as they hailed a project that will allow it to remain at the forefront of innovation while boosting its appeal for the state’s future talent pool.
One of New Jersey’s most iconic technology companies is headed to New Brunswick, where it will occupy a new lab and office building that’s slated to include some 360,000 square feet.
Leveraging its key assets and the vast resources of business, academic and political leaders in New Brunswick has been a hallmark of the city’s economic revival in recent decades, panelists said during a program hosted by Real Estate NJ, as they discussed the philosophical and financial partnerships behind billions of dollars in public- and private-sector redevelopment.
Devco’s Chris Paladino and Tony Coscia of Windels Marx, two of the key players in development in New Brunswick, discuss the city’s revitalization over the past three decades.
Life sciences companies remain a leading driver of commercial real estate in New Jersey, accounting for more than a third of all office leases during the first half of 2023 and fueling a pipeline of deals for lab and manufacturing space.
The team behind what will be the state’s first freestanding cancer hospital is offering a new look at the progress of the project in downtown New Brunswick — as well as a preview of one of the building’s most critical components.
SJP Properties and New Brunswick Development Corp. are joining forces to develop the second piece of the landmark Health + Life Science Exchange in New Brunswick, with plans to offer 600,000 square feet of build-to-suit lab and office space at the mixed-use campus.