With conversion nearly complete, leasing launches at iconic Newark tower

A development group has nearly completed its restoration of a landmark tower in downtown Newark, where it will soon debut 265 apartments and a mix of new commercial space.

Newark Broad Street’s time to shine

Having started my commercial real estate career in Newark, New Jersey in the late 1980s, I’ve had a front row seat to the evolution of The Brick City, and specifically the strides taken by the community toward enhancing the soul of the downtown area. What was once a city centered largely around Newark Penn station, the region has experienced new growth, particularly northward and westward toward the Broad Street corridor. Additionally, while improvements over the past two decades were slow, but steady, the past five years have seen a more intense ramp up in activity.

Grand opening slated for 91-unit Newark rental project

Developers are preparing to take the wraps off a new residential building in Newark’s North Ironbound section, having already leased nearly half of its 91 luxury apartments.

Newark awarded $24 million HUD grant for public housing upgrades

The federal government has awarded more than $24 million to the city of Newark to fund a series of major capital improvements to public housing properties.

One Wall touts acquisition of 1,000-unit Pennsylvania portfolio

One Wall Partners, a Newark-based owner of transit-oriented workforce housing, has expanded its portfolio with the acquisition of nearly 1,000 apartments in eastern Pennsylvania.

Industrial user acquires 65,000 sq. ft. Newark building

A three-story industrial building off Interstate 78 in Newark has changed hands, following a sale brokered by the William F. Connors Agency.

Developer of Newark’s Teachers Village launches Opportunity Zone fund

RBH Group, the developer of the heralded Teachers Village project in Newark, is hoping to build on that success with a new investment fund under the federal Opportunity Zone program.

Colliers tapped as leasing agent for Newark office tower

The owner of a prominent, 22-story office building in downtown Newark has named Colliers International as its leasing agent.

NAIOP reveals deal of the year finalists for upcoming gala

NAIOP New Jersey has announced the finalists for its coveted Deal of the Year awards, highlighting six of the state’s most impactful projects and transactions of 2018.

C&W named property manager for 1.1 million sq. ft. Newark industrial complex

The new owners of the former P. Ballantine & Sons brewery site in Newark has tapped Cushman & Wakefield to manage the 1.1 million-square-foot complex.