Health Care & Education
Murphy ‘supercharges’ New Brunswick project with plans for state innovation hub

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.

Retail
Pierson touts fruit bowl, Verizon leases in Middlesex County

A fruit bowl restaurant and a Verizon dealer are among the newest tenants for an area landlord in Middlesex County, following separate leases announced this week by Pierson Commercial.

Residential & Mixed Use
VIDEO: New Brunswick PAC project rising in Hub City

Following demolition last summer and a groundbreaking last fall, a $172 million, mixed-use project anchored by a new performing arts center is quickly rising in downtown New Brunswick.

Finance & Capital Markets
CBRE brokers $52 million loan for buyer of New Brunswick tower

A joint venture has acquired a 186-unit student housing building in downtown New Brunswick, with CBRE arranging more than $52 million in acquisition funding.

Professional Services
Gilbane adds senior project executive in N.J. office

A construction industry veteran has joined Gilbane Building Co., bringing more than 25 years of experience to the firm’s growing team in New Jersey.

Residential & Mixed Use
VIDEO: Devco records massive 10-hour concrete pour for New Brunswick PAC

More than 300 concrete trucks descended on downtown New Brunswick earlier this month for a continuous, 10-hour pour for the landmark New Brunswick Performing Arts Center project.

Office
Other N.J. cities forge ahead, file bids for Amazon HQ2

Several other cities in New Jersey have filed their bids to become the home of Amazon’s second headquarters, despite the state throwing its official support behind Newark earlier this week.

Residential & Mixed Use
Devco, public officials break ground for New Brunswick Performing Arts Center

The New Brunswick Development Corp., public officials and a host of other stakeholders broke ground Wednesday on the $172 million New Brunswick Performing Arts Center project. Slated to rise 23 stories on Livingston Avenue, the mixed-use complex stands to transform the city’s famed downtown cultural arts district, spanning 450,000 square feet that will include performance venues, office space and more than 200 luxury apartments.

Residential & Mixed Use
Here is a detailed look at the New Brunswick Performing Arts Center project

The long-awaited New Brunswick Performing Arts Center broke ground on Wednesday. Here is a breakdown of the $172 million, 450,000-square-foot project.

Office
JLL report shows continued gaps in rents, vacancy between N.J. transit hubs and suburbs

Suburban office landlords who spruce up their buildings have seen tenants come calling, but continue to trail those offering space in urban locations and those served by mass transit.