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 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.
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.
A charter school has leased 35,000 square feet at an office building in downtown Newark, under a newly announced transaction by Lee & Associates New Jersey.
A private investor has sold a recently updated, 12-unit apartment building in Newark for more than $1.7 million, in a transaction by brokers with Marcus & Millichap.
The amount of available office space in New Jersey grew further in the second quarter, despite leases by technology and life sciences tenants and signs of improvement on the horizon.
A long-awaited plan to expand the New Jersey Performing Arts Center campus in Newark — with new residential, commercial and cultural space — is slated to break ground next year.
