A manufacturer has reaped $11.5 million from the sale of a 77,000-square-foot building in Union County, in the largest of several new deals by Resource Realty of Northern New Jersey.
A team of Villanova University students took top honors for this year’s NAIOP New Jersey case study competition, offering a winning plan to repurpose a former silk mill 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.
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.
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.
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.
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.
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.
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.
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.
