NAI Hanson, Van Houten marketing industrial flex building in Paterson

The owner of a 108,000-square-foot industrial and flex complex in Paterson is seeking a buyer, offering the potential for an adaptive reuse with the help of state and federal incentives.

Paterson rental property sells for $1.3 million, Marcus says

A private investor has sold a 13-unit apartment property in Paterson for nearly $1.3 million, under a newly announced transaction by Marcus & Millichap.

Murphy signs ‘land bank’ bill allowing cities to assemble, reposition blighted property

A newly enacted law allows New Jersey municipalities to assemble blighted properties within their borders, creating land banks that they can use to spur much-needed redevelopment.

Holistic thinking, public-private approach remain a focus at New Jersey Future’s redevelopment forum

New Jersey Future’s annual Redevelopment Forum drew a crowd hundreds to New Brunswick recently, in a show of support for big-picture planning, adaptive reuse and public-private collaboration when it comes to development in the Garden State.

EDA aims to lure grocery co-op from Staten Island, keep food service firm in Paterson

The state is hoping to coax a supermarket co-op to move its offices from Staten Island to Old Bridge as part of a recently approved tax credit incentive, as it moves to keep another food-related company from moving jobs out of New Jersey.

Murphy: Developers can seek up to $4 million under proposed historic tax credit program

Gov. Phil Murphy is hoping to lure new investors to some of the state’s oldest buildings, touting a proposed historic preservation tax credit as part of his plan to overhaul New Jersey’s embattled incentive programs.

Team Resources inks 121,000 sq. ft. lease in Mahwah among Q4 deals

A maker of lab supplies has leased 121,000 square feet at a Mahwah industrial building, in one of several year-end deals announced by Team Resources Inc.

Brooklyn electrical contractor buys Paterson building for $7.8 million

An electrical contractor is expanding into New Jersey with its purchase of a Paterson industrial building, under a $7.8 million deal arranged by Team Resources Inc.

Marcus: Newly built, mixed-use building in Paterson trades for $6.7 million

A developer has sold a newly built apartment and retail property in Paterson, in a $6.7 million transaction arranged by Marcus & Millichap.

ULI highlights top New Jersey CRE projects, industry leaders at awards dinner

The Urban Land Institute honored a dozen commercial real estate projects and industry leaders last week as part of an annual awards dinner hosted by its northern New Jersey chapter.