The new federal Opportunity Zone program is far from perfect in its early stages, U.S. Sen. Cory Booker told a crowd of New Jersey real estate leaders on Monday, but it offers a powerful new incentive for the private and public sectors to steer economic development to low-income areas.
Commercial real estate leaders, policy experts and public officials gathered last month to tackle an all-too-familiar problem in New Jersey — rethinking the state’s suburban office parks and retail centers to position them for the economy of the future.
The Center for Real Estate at Rutgers Business School has unveiled this year’s group of board members and industry leaders that will guide the program and its students.
For all of the appeal of having office space near a train station, eight of New Jersey’s best-known “transit hub” submarkets took a collective step back in 2017, although they continue to stand apart from the state’s suburban highway corridors.
Pierson Commercial has gained a foothold in some of New Jersey’s largest and best-known cities, fueling its growth in recent years while remaining just as active in the state’s suburbs and highway retail corridors.
A mini-burger chain has committed to its first New Jersey location in New Brunswick, in one of three retail leases in the city announced by JLL.
As young life sciences companies search for lab and R&D space, Dan Loughlin sees a new frontier emerging in the years to come — urban centers.
Gov. Phil Murphy has thrown his support behind a high-profile redevelopment project in New Brunswick, pledging to create a focal point for research and innovation that will feed sectors such as health care, higher education and technology.