Office
Nokia Bell Labs moving to New Brunswick as sole tenant at new 360,000 sq. ft. research, office tower at city’s HELIX campus

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.

Events
Strength and stability: Panelists say long-term leadership in business, government is central to New Brunswick’s highly touted revival

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.

Top News
Chris Paladino and Tony Coscia sit down with Real Estate NJ

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.

Office
JLL: Life sciences still strong in New Jersey amid new office, manufacturing needs

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.

Health Care & Education
New video shows construction progress, research space at New Brunswick cancer center project

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.

Top News
SJP, Devco reveal plans for 600,000 sq. ft. lab, office project at New Brunswick’s HELIX project

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.

Residential & Mixed Use
Partnerships, collaboration in focus as NAIOP gala honors CRE leaders and deals of the year

Commercial real estate leaders turned out Thursday for NAIOP New Jersey’s annual gala, where the chapter honored five key figures and unveiled its coveted Deal of the Year winners.

Health Care & Education
Demand for lab, R&D space in New Jersey still surging as developers hunt for new supply

Turnkey, high-end life sciences space remains in high demand in New Jersey, creating an opportunity for owners of the state’s few remaining legacy pharmaceutical campuses or those that can find other ways to create new space without building speculatively.

Editor’s Note
Supply search

Our April edition highlights the ongoing demand from established pharmaceutical firms, startups and a growing pool of international users for high-quality, turnkey laboratory and manufacturing space in New Jersey — and the opportunity for landlords that can provide it.

Health Care & Education
EDA approves $271 million tax credit for massive health, life sciences campus in New Brunswick

The state has approved a $271 million tax credit for a plan to build more than 570,000 square feet of research and academic space in downtown New Brunswick, including a new home for the state’s flagship medical school and facilities for startups and entrepreneurs.