Government & Public Policy
EDA rebrands 50-acre research, incubator park in North Brunswick

The state Economic Development Authority has rebranded a well-known 50-acre research and incubator park in North Brunswick.

Retail
LMC announces promotion for leasing rep

A leasing professional at Levin Management Corp. has earned a promotion after three years with the real estate services firm.

Government & Public Policy
Murphy renews call for state-supported venture capital fund

Gov. Phil Murphy hit the road on Wednesday to highlight a plan to draw more venture capital to New Jersey, a key piece of his proposal to replace the state’s expiring business incentives.

Industrial
New 300,000 sq. ft. warehouse project marks new chapter after massive North Brunswick fire

A fulfillment and logistics business has committed to a 300,000-square-foot, built-to-suit facility in North Brunswick, giving new life to an industrial site that was leveled by a massive fire nearly four years ago.

Industrial
Colliers: Interest remains high, but options still scarce in New Jersey industrial market

A lack of new supply in New Jersey’s industrial market led to a year-end slowdown in leasing — despite high demand — setting up another year of robust activity for newly built warehouse and logistics space.

Government & Public Policy
Kearny Point, Bell Works among sites eligible for EDA rent grants for startups

The state has approved nine locations at which technology or life sciences startups can apply for rent support grants that would help them move into incubators, accelerators or co-working spaces, including some of New Jersey’s largest redevelopment projects.

Retail
Grocer, beauty retailer signal latest shift for Middlesex County shopping center

The changing face of retail is on full display at the North Village Shopping Center on Route 1, where a new Trader Joe’s recently opened in a space vacated by Barnes & Noble. The center has now attracted another leading name in retail — all part of an effort by its management team to reinvent the property for the second time in less than 20 years.

Retail
Azarian touts new leases within central, northern N.J. portfolio

The Azarian Group LLC has leased more than 9,000 square feet at a high-end retail center in North Brunswick, part of what the firm says was a banner year across its portfolio.

Professional Services
Kipcon inks new affiliation with fellow engineering firm

Kipcon Inc. has entered into a new affiliation with a longtime peer in the civil and structural engineering field, the North Brunswick-based firm said last week.

Retail
Middlesex County retail property sells for $1.2 million

A freestanding retail building in North Brunswick has changed hands among private investors, in a nearly $1.2 million sale brokered by Marcus & Millichap.