Russo Development and Onyx Equities are banking on the need for local distribution space — and the rise of secondary industrial markets in New Jersey — after recently acquiring a coveted development site in East Hanover.
Onyx Equities has rented more than 60 percent of its newest luxury apartment building in downtown Ridgewood, a collection of one- and two-bedroom homes known as NOMA.
A longtime development executive will headline the slate of honorees at this year’s NAIOP New Jersey gala, where the organization will also highlight two key service professionals and the firm behind several high-profile projects in the state.
The look, feel and function of the post-pandemic workplace is still uncertain, but a technology firm’s recent expansion in Jersey City is a reminder of why companies will still need office space going forward.
The Birch Group has made another major addition to its suburban office holdings in the region, acquiring a prominent two-building campus on Long Island for $212 million.
Onyx Equities is set to unveil a new 39-unit luxury apartment building in downtown Ridgewood, as it looks to continue its momentum from another recently opened property in the village.
Russo Development and Onyx Equities have acquired 62 acres at the well-known Novartis campus in East Hanover, with plans to build more than 800,000 square feet of new industrial space in place of what’s now a cluster of vacant office buildings.
Eight new restaurants are coming to Newark’s Gateway Center, marking the latest step in a $40 million overhaul of the four-building office complex and its signature concourse.
A law firm is relocating and expanding to more than 18,000 square feet inside a Paramus office building, under a newly announced transaction by Newmark.
