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.

Finance & Capital Markets
Panasonic tower put Newark ‘on the radar of international investors’

Far Eastern investors have accounted for most of the high-profile deals over the last year or so, but it was a Middle Eastern platform, KFH Capital Investment Co., that made the biggest splash in the fourth quarter of 2016.

Industrial
C&W inks three industrial sales in northern, central N.J.

Five industrial buildings in Newark, Linden and Edison have changed hands in a series of deals arranged by Cushman & Wakefield, the firm said Thursday.

Industrial
Equity Real Estate touts 60K sq. ft. in North Jersey industrial deals

An executive with Equity Real Estate Brokerage LLC has started the year with a series of new industrial sales and leases in Bergen and Essex counties, the firm said Wednesday.

Hospitality & Tourism
Pru Center unveils plans for Grammy museum in Newark

An 8,000-square-foot Grammy museum is coming to the Prudential Center, creating a new cultural destination for the Newark arena as it continues to grow its offerings in the city.

The Rundown
Newark’s Whole Foods to open next month, report says

Only weeks after a grand opening event at the new Hahne & Co. building in Newark, the Whole Foods store that will anchor the complex is set to open March 1.