We are now more than six months into the pandemic that shut down much of New Jersey’s economy in early March. I thought it would be a good time to pause to look at where we are in terms of recovering from the staggering unemployment and economic losses caused by the health crisis. There is some surprisingly good news, but it must be taken with a strong dose of caution.
Rockefeller Group has started construction on a new 400,000-square-foot distribution center, as it expands upon its recently built, 2.1 million-square-foot logistics campus in Piscataway.
The race to attract quality labor has led industrial developers and users to focus increasingly on wellness-oriented design and features, but that shift has become all the more important in recent months as occupiers look to keep employees safe from COVID-19.
A development team is set to unveil a collection of 110 upscale apartments in Piscataway, touting a suburban setting with quick access to the region’s vast highway network.
An investment firm has reaped nearly $4 million from the sale of a Piscataway office building, following a transaction arranged by brokers with Colliers International.
After building its New Jersey portfolio to nearly 8 million square feet in recent years, Duke Realty Corp. is poised for further growth in the state with several high-profile developments underway.
Commercial real estate investors across five New Jersey counties took a cautious approach during the coronavirus outbreak, as transaction volume fell through the first half of the year.
An appliance manufacturer has leased more than 65,000 square feet at a newly built warehouse in Piscataway, under a transaction arranged by CBRE.
NAI DiLeo-Bram & Co. has made another addition to its brokerage team, seeking to expand its foothold in the changing retail sector.