EDA adopts changes to Aspire tax credit program amid higher development costs, increased need for affordable housing

The state has approved several key changes to Aspire, the tax credit program for developers, as it looks to expand eligibility and ensure its continued role in affordable housing production.

Regus, Spaces parent IWG doubles down in New Jersey with 12 new locations

Despite a week of bad headlines for the coworking industry, the world’s largest provider of flexible workspaces is in the midst of a major expansion in New Jersey.

Stone importer takes 40,000 sq. ft. in New Brunswick industrial lease, Connors says

A stone supplier has leased 40,000 square feet of warehouse space in New Brunswick, in a deal arranged by the William F. Connors Agency.

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.

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.

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.

Weiss unveils plan for Cipriani-inspired venue at historic bank building in New Brunswick

A historic bank building in downtown New Brunswick could soon be reborn as a high-end dining and events venue in the mold of Cipriani’s iconic locations in New York City.

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.

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.

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.