A local seafood restaurant and a U.S. Army recruiting center will be among the newest retail tenants at a hotel next to the Prudential Center in Newark, according to JLL.…
Transit hub markets speed away from competition
Office buildings within the state’s transit hub market record lower vacancy rates and higher rents compared to suburban spaces, according to JLL’s annual research report. Companies continue to pursue …
JLL: Transit hub office clusters still shine, despite 2017 hiccup
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 …
Newark housing complexes slated for $170 million rehab
An investment group has set out to revitalize two public housing complexes in Newark that city officials say are nearly uninhabitable, with plans to spend more than $170 million on the project and the…
For Pierson, believing in untapped markets has been a key ingredient for success
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 ret…
Former Port Authority, Jersey City attorney joins Murphy Partners
Murphy Partners LLP has expanded its team of attorneys with the hiring of a new partner in its commercial real estate group.…
What infrastructure improvements does New Jersey need to support development for the next 20 years?
What infrastructure improvements does New Jersey need to support development for the next 20 years? We assembled a panel of industry experts to tackle this month’s question.…
Fidelco welcomes new convenience store in downtown Newark
A well-known office complex in downtown Newark has a new addition for its tenants and other nearby users — a new Krauszer’s convenience store on its ground floor.…
NAI Hanson: Medical chain expands into Newark
A health care provider is bringing its brand of urban medical clinics to New Jersey, choosing a recently opened development in Newark for its first location in the state.…
Developer, public officials hail new affordable housing in Newark
A developer joined local and state officials on Wednesday to break ground on a 60-unit affordable housing project in Newark’s North Ward, where plans call for redeveloping the former site of a Boys &#…