NKF: New Jersey office market begins to thaw, despite continued uncertainty

Office leasing in New Jersey rebounded modestly in the third quarter, even as the pandemic continues to weigh on the market and fuels a sizable uptick in availabilities.

Nutley apartment building fetches $19 million, Gebroe-Hammer says

The developer of a 108-unit apartment building in Nutley has sold the property for $19 million, in a newly announced transaction by Gebroe-Hammer Associates.

Tulfra sells self-storage complex in Clifton, Nutley for $24 million

Tulfra Real Estate has reaped more than $24 million from the sale of a newly developed, 925-unit self-storage facility in northern New Jersey.

Prism inks 300,000 sq. ft. lease at ON3 with Japanese pharmaceutical company

A global pharmaceutical company is moving its U.S. headquarters to Prism Capital Partners’ ON3 campus, having signed a full-building lease for the site’s landmark 15-story office tower.

Developers weigh new lab, research projects as New Jersey market continues to tighten

After decades of consolidation by Big Pharma, demand for modern lab and diagnostic space in New Jersey is on the rise, fueling rent growth and pushing some developers to consider new laboratory projects.

Prism uncovers critical safety gear at ex-Roche campus, donates to Hackensack UMC

Prism Capital Partners is doing its part to help the health care community in the fight against COVID-19, having donated a trove of critical safety gear found at its flagship ON3 campus.

Life sciences breeding positive momentum in the New Jersey CRE market

The nation’s life sciences sector continues to expand, boosted by technological advancements, growing employment and a strong economy. While Boston and San Francisco remain the country’s main life sciences hub, their tightening inventory and constrained labor force has driven momentum south to the Garden State.

Prism moves headquarters to flagship ON3 campus in Nutley, Clifton

Prism Capital Partners has relocated its headquarters to ON3, the mixed-use campus that it’s developing at the sprawling former Hoffmann-LaRoche campus in Nutley and Clifton.

C&W touts flurry of restaurant leases in North Jersey, metro New York

More than a dozen dining operators have combined to lease 37,000 square feet in and around northern New Jersey, in a series of deals arranged by Cushman & Wakefield.

C&W inks 6,300 sq. ft. restaurant lease in Nutley

A northern New Jersey restaurant is relocating to Nutley as part of a recently announced, 6,300-square-foot lease completed by Cushman & Wakefield.