Experts say New Jersey faces a growing challenge: While it’s still a major draw for pharmaceutical research and development, speed to market has become increasingly important to life sciences users. That means the state’s lack of move-in-ready lab space — and its lengthy approval process for new construction — puts it at a disadvantage to competing markets.
An industrial user has taken 40,000 square feet in New Brunswick, under a newly announced transaction by Bussel Realty Corp.
A paper bag manufacturer has leased 23,000 square feet of industrial space in New Brunswick, under a deal arranged by Bussel Realty Corp.
Mack-Cali Realty Corp. has announced the sale of two luxury multifamily properties, including a 200-unit complex in New Brunswick that changed hands for $47 million.
A growing number of New York City-based firms have considered short-term office space in the suburbs, in an effort to reduce density, keep employees closer to home and reduce their reliance on mass transit. The movement has provided landlords and brokers with a chance to showcase New Jersey’s growing stock of revamped and rejuvenated office buildings.
A new 207-unit luxury apartment tower in downtown New Brunswick is more than two-thirds leased after a recent flurry of activity by renters.
The owner of a 36-acre development site in New Brunswick is seeking a buyer, with brokers touting its location along Route 1 and its proximity to New Jersey’s three largest employers.
New Brunswick Development Corp. President Christopher Paladino has landed a seat on the board of a prominent New Jersey-based energy company.