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.

What are the biggest challenges to construction and redevelopment in New Jersey?

What are the biggest challenges to construction and redevelopment in New Jersey? We assembled a panel of industry experts to tackle this month’s question.

Rutgers OKs $17M investment in sweeping New Brunswick theater project

A rendering of a planned performing arts center in New Brunswick’s cultural center. — Courtesy: ElkusManfredi Architects By Joshua Burd Rutgers University has approved plans to contribute more than a quarter of the $60 million cost to build a new…

Gilbane taps VP as N.J. unit leader

Gilbane Building Co., a privately held global construction management firm, has promoted Daniel Shea to vice president and business unit leader.

JLL: New Brunswick redevelopment has flexible design for tenants to ‘make a statement’

New Brunswick Development Corp. expects to begin site construction next month at a planned 1.7 million-square-foot redevelopment project in the heart of the Middlesex County seat.

Windels Marx real estate attorney named partner in N.J.

By Joshua Burd Windels Marx LLP has promoted one of its commercial real estate attorneys to partner in its New Brunswick office, the law firm announced Tuesday. The attorney, Patrick Deyhle, has been with the firm since shortly after graduating…

With redevelopment in sight, the end is near for Hub City parking deck (VIDEO)

The demolition of an aging parking structure in New Brunswick is nearly complete, clearing the way for a developer to rebuild the site as a 1.7 million-square-foot transit village.

Saxum grows portfolio with two downtown acquisitions

A development and investment firm has made new acquisitions in Middlesex and Morris counties, its latest under a recently launched fund for repositioning downtown commercial sites.

Apartment high-rise in Somerset County sells for $54M

The developer of an apartment tower just outside New Brunswick has sold the building for $54 million, in a deal brokered by HFF’s New Jersey office.

New Brunswick industrial building trades for $4.8 million

A clothing manufacturer has paid $4.8 million to acquire a 138,000-square-foot industrial property in New Brunswick, Bussel Realty Corp. announced Wednesday.