Fidelco set to revive Newark office tower, in firm’s latest project in downtown neighborhood

Fidelco Realty Group is revitalizing a well-known office tower in downtown Newark at a cost of more than $30 million, with plans that include a sweeping physical upgrade, the addition of a new bar and restaurant and the creation of flexible workspace to serve technology startups. — All renderings courtesy: Fidelco/Perkins Eastman

RBH Group names new COO, announces three promotions

Development firm RBH Group LLC has announced the hiring of a new chief operating officer as well as the promotion of three other executives.

JLL: Buyer wanted for single-tenant, 131,000 sq. ft. industrial property in Newark

The owner of a two-building, 131,000-square-foot industrial complex in Newark is seeking a buyer for the property, in a newly announced offering by JLL.

LMC: Dining tenants remain active, serve as bright spot for retail leasing

Restaurants have remained especially active among retail tenants, fueling nearly two dozen leases since the start of the pandemic at properties served by Levin Management Corp.

Experts say ‘stranded’ office, retail sites can thrive as new-look community hubs

Experts say the way to revive outdated, underutilized commercial properties in New Jersey is to make the sites an essential part of their communities. That can mean increasing the amount of public green space or adding mixed-use elements, among other options aimed at redeveloping so-called stranded assets.  

JLL: Investor buys Newark retail property, would-be redevelopment site for $9 million

A private investor has acquired a retail property in downtown Newark, brokers with JLL announced, touting a potential redevelopment opportunity in a growing section of the city.

Newark outlines five-year plan to create, preserve 6,600 affordable housing units

Newark city officials have set out to create or preserve 6,600 units of affordable housing over the next five years, part of a new plan aimed at helping lower-income and homeless residents.  

Genova Burns adds new associates in real estate, employment law groups

Genova Burns LLC has named a new associate in its real estate practice group, in one of two newly announced hires for the Newark-based law firm.

Newark building with 11 apartments, retail space wins planning board approval, Taylor says

A developer has secured a key local approval for a planned 11-unit apartment building in downtown Newark, according to a team with Taylor Architecture & Design.

C&W inks sale of 21-unit Newark apartment building

A private buyer has paid more than $2.1 million for a 21-unit apartment building in Newark, under a deal arranged by Cushman & Wakefield.