Government & Public Policy
EDA approves $104 million Aspire award for Nokia Bell Labs tower in New Brunswick

The developers of what will be nearly 370,000 square feet of lab and office space in New Brunswick, the future home of Nokia Bell Labs, could break ground next month after securing a 10-year, $103.9 million tax credit award under the state’s Aspire program.

Health Care
AST, Robert Wood Johnson mark debut of 229,000 sq. ft. medical pavilion in New Brunswick

AST has completed its latest project in downtown New Brunswick, delivering a new 229,000-square-foot ambulatory care facility for Robert Wood Johnson University Hospital.h

Technology
EDA, Nokia Bell Labs to open new hub for commercializing research at New Brunswick’s HELIX campus

A new facility focused on commercializing scientific research is coming to the HELIX — the acclaimed campus under construction in downtown New Brunswick — under a partnership announced this week by state officials and Nokia Bell Labs, a future tenant at the site.

Professional Services
DIGroup announces four leadership promotions in New Brunswick, Philly offices

DIGroup Architecture has named a new principal and promoted three other leaders across its New Brunswick headquarters and satellite office in Philadelphia.

Government & Public Policy
CRE leaders hopeful after Murphy signs law to boost viability, eligibility of Aspire projects

Gov. Phil Murphy has signed a law to expand the Aspire tax credit program for developers, in part by allowing projects in New Brunswick, Camden and East Orange to secure larger awards, while taking steps meant to help applicants secure construction financing.

Community
NAIDB gives back with annual Friendsgiving, donations to Elijah’s Promise in New Brunswick

NAI DiLeo-Bram & Co. has continued its long history of community outreach with several initiatives this season, including its support of a well-known nonprofit in New Brunswick.

Industrial
Faropoint, Deugen eye groundbreaking for 195,000 sq. ft. warehouse project in New Brunswick

Faropoint and Deugen Development are set to begin construction on a project that will bring more than 195,000 square feet of new warehouse space to a key corridor in New Brunswick.

Industrial
BRC inks new industrial leases in New Brunswick, Somerset totaling 42,000 sq. ft.

A specialty metals and fiberglass supplier has taken nearly 32,000 square feet of industrial space in New Brunswick, in one of two newly announced deals by Bussel Realty Corp.

Government & Public Policy
EDA approves $45 million in Aspire tax credits for senior affordable housing projects in New Brunswick, West Deptford

The state has announced two new approvals under the Aspire tax credit program, pledging a combined $45.4 million to affordable housing projects in New Brunswick and West Deptford.

Industrial
Ridgecut Road taps NAIDB as leasing team for New Brunswick terminal, warehouse parcel

Ridgecut Road has retained NAI DiLeo-Bram & Co. as its leasing agent for a newly acquired industrial property in New Brunswick.