Residential & Mixed Use
Investment firm has keyed on transit-centric, workforce housing in northern New Jersey

A real estate investment and management firm has quietly built a portfolio of transit-centric, workforce housing properties in northern New Jersey — with local holdings that have grown to some 40 properties with more than 2,000 apartments — and it sees a continued opportunity for expansion in the state and in the region.

Top News
Editor’s note: Dear Amazon, we’re still here if you need us

Amazon said it won’t reopen its search for a second headquarters after pulling out of New York City, but who’s to say that Newark and other shortlisted cities will just quietly step aside?

Industrial
Duke breaks ground on 662,000 sq. ft. warehouse in Newark port submarket

Duke Realty has broken ground on a speculative, 662,000-square-foot industrial building in the heart of Newark’s port district.

Residential & Mixed Use
Hollister, RBH mark topping out for new Rutgers building in Newark

A new residential and academic building for nearly 400 Rutgers University students in Newark is on track to open this summer after topping out earlier this month.

Residential & Mixed Use
Newark redevelopment plan backed by Queen Latifah slated for summer groundbreaking

A development group spearheaded by Queen Latifah is pushing ahead with a project in her native city of Newark, where it’s planning a mix of townhomes and affordable housing.

Industrial
JLL: Investors plan upgrades after acquiring 1.1 million sq. ft. Newark industrial complex

A joint venture has acquired the former Ballantine Brewery site in Newark for $61 million, adding a 1.1 million-square-foot, multitenant industrial complex in the port submarket.

Office
Paramount adds historic 12-story office tower in downtown Newark

Paramount Assets has added to its Newark holdings with the acquisition of a historic, 100,000-square-foot office tower across from Prudential Financial’s world headquarters.

Events
NAIOP panel: Disruptors abound in CRE, from co-working to reverse logistics

Commercial real estate faces no shortage of disruptive forces, a panel of industry leaders told NAIOP New Jersey last week, citing everything from ridesharing services and automation to changing corporate and consumer preferences.

Deals
Ironside Newark draws second law firm tenant

A rendering of the office space at Ironside Newark — Courtesy: Edison Properties By Joshua Burd Edison Properties has attracted another law firm to its adaptive reuse project known as Ironside Newark, inking a 4,000-square-foot lease with a boutique litigation…

Industrial
Team Resources inks 121,000 sq. ft. lease in Mahwah among Q4 deals

A maker of lab supplies has leased 121,000 square feet at a Mahwah industrial building, in one of several year-end deals announced by Team Resources Inc.