Milanaik to receive lifetime achievement award as NAIOP honors CRE deals, professionals

Esteemed developer Jeff Milanaik will headline this year’s NAIOP New Jersey Commercial Real Estate Awards Gala, where the association will also unveil its coveted Deal of the Year winners while honoring several other key figures and service providers.

Milanaik to receive lifetime achievement award as NAIOP honors top CRE deals, professionals

Esteemed developer Jeff Milanaik will headline this year’s NAIOP New Jersey Commercial Real Estate Awards Gala, where the association will also unveil its coveted Deal of the Year winners while honoring several other key figures and service providers.

LCOR closes on $155 million construction loan for 386-unit Hoboken rental tower, JLL says

LCOR has landed a $155 million construction loan for its planned 386-unit apartment tower just west of Hoboken Terminal, according to a debt placement team with JLL.

LCOR breaks ground on 386-unit rental tower for sweeping ‘Hoboken Connect’ project

Construction is underway on the new 386-unit apartment tower that will mark a key private-sector component of a landmark, mixed-use project around Hoboken Terminal.

Camden officials tease plan for new 500,000 sq. ft. office tower at downtown transit hub

Public officials in Camden have unveiled plans for a new tower that would bring more than 500,000 square feet of office space to the downtown, part of a high-profile effort to revitalize the city’s Walter Rand Transportation Center.

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.

Advocacy groups: Funding NJ Transit is critical to state’s economic, environmental future

As the state wrestles over a solution to address NJ Transit’s fiscal cliff, we must not lose sight of the importance of funding public transportation. For years, NJ Transit has made New Jersey a more equitable, environmentally friendly and economically competitive place to live. Our leaders must include a dedicated funding source for NJ Transit operations in the FY 2025 budget. Supporting NJ Transit ensures that hundreds of thousands of transit-dependent riders access jobs, schools and health care, which supports employers and the regional economy. 

EDA looks to buy NJ Transit land sites under new legislative proposal, providing cash infusion while spurring development near train stations

State officials have unveiled a new plan to help NJ Transit monetize its real estate holdings, announcing a proposal in which it would sell properties to a fellow agency that it says is better equipped to market them for development.

Long-awaited ‘Hoboken Connect’ project to break ground this month, LCOR says

Construction is set to begin this month on the long-stalled project that will bring 386 apartments, a new office tower and public improvements to the blocks surrounding Hoboken Terminal.

The health care effect: Inside the deal for Hackensack Meridian’s new hub at Metropark — and what it says about the industry’s role in commercial real estate

Plans for a high-profile Hackensack Meridian Health facility in Woodbridge are only 18 months in the making. Yet it was the product of relationships that had formed years earlier at the upper levels of New Jersey’s real estate and health care sectors, helping to make good on years of planning by state and local officials to activate the Metropark train station.