Professional Spotlight
Minno & Wasko Architects and Planners

MINNO & WASKO’s staff has extensive experience in all forms of residential, hospitality and mixed-use construction. “Our designs are responsive to each individual market and are unique in creating projects that have lasting value to Owners and residents.” “We are about place-making and streetscape animation.”

Office
JLL: ‘Premier’ office buildings still shining in New Jersey with lower vacancy, higher rents than other Class A properties

Only a third of northern and central New Jersey’s top office buildings are less than 10 years old or have been significantly improved within that span — but their owners are reaping the benefits.

Professional Services
Garlick, Lyons join MSW to expand firm’s real estate development, construction law teams

Murphy Schiller & Wilkes LLP has further bolstered its team of real estate attorneys with the addition of Thomas S. Garlick as counsel and Robert M. Lyons as an associate.

Government & Public Policy
The affordable housing debate: Gubernatorial candidates weigh policy challenges, solutions at New Jersey Planning and Redevelopment Conference

The debate over how to expand affordable housing in New Jersey is far from over, even after the passage of a law to devise the next round of obligations for hundreds of towns and cities. That was clear last week during a roundtable discussion involving four candidates hoping to be the state’s next governor, who were on hand for the annual New Jersey Planning and Redevelopment Conference in New Brunswick.

Industrial
Devli, Deugen tap Blau & Berg as leasing team at newly acquired Newark industrial parcel

The owners of a seven-acre industrial parcel in Newark’s port district have picked The Blau & Berg Co. to spearhead its leasing campaign at the site.

Residential & Mixed Use
Russo welcomes Newark city officials to Vermella Broad Street, a ‘transformative, transit-oriented development’ seven years in the making

Russo Development marked the opening of nearly 300 new apartments at the north end of downtown Newark, having already leased 70 percent of a project that has brought life to a long-vacant site near NJ Transit’s Newark Broad Street station.

Industrial
Blau & Berg: Auto exporter leases 5.5-acre industrial outdoor storage parcel in Newark

A global auto exporter has leased an industrial outdoor storage parcel in the heart of Newark’s port district, in a transaction arranged by The Blau & Berg Co.

Residential & Mixed Use
Tredway, LIHC launch $20 million update of newly acquired Newark senior housing

An investment group has closed on its purchase of a 100-unit, age-restricted apartment tower in Newark with plans to begin a $20 million overhaul of the affordable housing property.

Industrial
Marcus: Well-known self-storage portfolio in North Jersey trades in eight-figure deal

A portfolio of five self-storage buildings in northern New Jersey has changed hands for what brokers say is a nearly nine-figure price, in a deal arranged by Marcus & Millichap.

Finance & Capital Markets
Balance sheet lender Bayport Funding sees growing pipeline in North Jersey after recent construction, fix-and-flip financing deals

Real estate lender Bayport Funding is staying bullish on New Jersey after a flurry of recent deals in the state, including a combined $8.25 million in transactions in eastern Bergen County.