Finance & Capital Markets
With investor interest rising in Newark, JLL markets 22-story office tower for sale

The joint venture ownership of a Newark office tower has tapped JLL to find a buyer for the 423,000-square-foot property.

Residential & Mixed Use
C&W brokers sale of 68-unit apartment portfolio in Newark

The longtime owner of two Newark apartment buildings has sold them for $4.8 million, in a 68-unit trade brokered by Cushman & Wakefield’s Metropolitan Area Capital Markets Group.

Industrial
Moving and storage business coming to Newark from NYC

NAI James E. Hanson has arranged the sale of a Newark industrial building to a moving and storage business that is relocating to the city from the Bronx.

Health Care & Education
NJIT, public officials celebrate $86M renovation project at Newark campus

A former high school in Newark has found new life as a New Jersey Institute of Technology academic and research building, following an $86 million renovation that the university unveiled Thursday.

Events
CRE leaders share advice, tips and insights at Rutgers career seminar (PHOTOS)

More than 100 commercial real estate industry hopefuls gathered in Newark recently for the Rutgers Center for Real Estate’s annual career seminar.

Residential & Mixed Use
Newark rising: Successful projects breed confidence for what’s still to come, panel says

The Newark Regional Business Partnership’s annual Real Estate Market Forecast included an expert panel of developers and professionals. — Courtesy: Harold Banks/Prudential Financial

Residential & Mixed Use
Newark rental project hits leasing milestone, Tucker says

A new apartment building that has drawn renters from Newark’s health care and education sectors is now 80 percent leased, a mark that its developer says is validation of an emerging neighborhood in the city.

Office
Fintech firm’s 160K sq. ft. lease ‘legitimizes the Newark market’

A global financial technology firm has leased 160,000 square feet at 2 Gateway Center in Newark, planting a flag in the city with one of the downtown’s largest new office deals in recent years.

Office
Engineering giant renews lease at Newark office tower

A global engineering firm has renewed the lease for its longtime home at 2 Gateway Center in Newark, the owner of the 18-story office tower said Tuesday.

Finance & Capital Markets
Global appeal: Foreign investors see new opportunity in New Jersey

As an investment opportunity, 800 Scudders Mill Road checked just about every box. A state-of-the-art, trophy office complex that was only three years old. A prime location just outside Princeton. And, perhaps most important of all, a net lease with a blue-chip, global pharmaceutical giant, Novo Nordisk Inc., with a longstanding presence in the market.