Developer completes fourth adaptive reuse project in Paterson

Paramount Assets has completed its adaptive reuse of a historic property in Paterson, debuting renovated street-level retail and new apartments at what had been warehouse space.

Paterson apartments sell for $1.9 million, Colliers says

A private investor has acquired a 14-unit apartment property in Paterson for $1.9 million, brokers with Colliers International announced Tuesday.

New Jersey Future announces 2018 Smart Growth Award winners

The nonprofit New Jersey Future will honor major redevelopments in Hoboken, Orange and Trenton, as well as former Gov. James Florio, as part of its annual Smart Growth Awards celebration in early June.

With a niche in reviving shuttered hospitals, CHA is preparing for its biggest project yet

CHA Partners has spent the past 10 years filling a void in the health care and real estate markets, having acquired and repurposed three former hospitals in New Jersey. And it’s now poised to begin its largest project to date — the long-awaited conversion of a shuttered hospital in Plainfield.

CBRE: Paterson apartment building sells for $1 million

CBRE has arranged the $1 million sale of a 19-unit apartment building in Paterson.

Furniture distributor takes 42,000 sq. ft. in Bergen County, Team Resources says

A furniture distribution company has leased nearly 42,000 square feet at a Fairview industrial building, in one of three recent transactions announced by Team Resources Inc.

Firms acquire 245,000 sq. ft. Paterson industrial building

A joint venture has acquired a fully leased, 245,000-square-foot industrial building along Interstate 80 in Paterson, the firms announced this week.

EDA marks launch of street-level business incentives in five cities

State officials have formally rolled out two funding programs meant to spur investment in street-level retail space in five cities: Trenton, Paterson, Passaic, Camden and Atlantic City.

New EDA programs seek to promote street-level leasing, upgrades

The state Economic Development Authority last month unveiled two new funding tools aimed at helping street-level retail and downtown businesses in Passaic, Trenton, Paterson, Camden and Atlantic City.

Report: RadioShack to close 20 N.J. stores

RadioShack will shutter 20 stores in New Jersey amid more than 550 closures across its portfolio, according to published reports.