Princeton office building owner lands $20 million refi, C&W says

The owner of a Princeton-area office building is refinancing the property for nearly $20 million, under a transaction arranged by brokers with Cushman & Wakefield.

C&W: Semiconductor maker takes 11,200 sq. ft. in Plainsboro

A maker of semiconductors has leased 11,200 square feet at a Princeton-area office building, under a transaction arranged by brokers with Cushman & Wakefield.

Sharbell’s iconic ‘town center’ in Robbinsville, 25 years in the making, is a model for mixed-use

Tom Troy, president of Sharbell Development Corp., has been with the firm since 1987 and has helped spearhead its development of the landmark Washington Town Center project in Robbinsville. — Photo by Aaron Houston for Real Estate NJ By Joshua…

Life sciences breeding positive momentum in the New Jersey CRE market

The nation’s life sciences sector continues to expand, boosted by technological advancements, growing employment and a strong economy. While Boston and San Francisco remain the country’s main life sciences hub, their tightening inventory and constrained labor force has driven momentum south to the Garden State.

Joint venture inks $43 million refi for 288-unit rental complex in Plainsboro

A joint venture has landed a $43 million loan to refinance a 288-unit apartment complex in Plainsboro, following a series of upgrades aimed at creating value at the property.

Flight to quality continues in N.J. office market, with looming uncertainty about incentives

Office tenants in New Jersey are still flocking to new or upgraded buildings, but the ability for landlords to deliver Class A space could be slowed by the loss of state business incentives.

Biotech firm seals 90,000 sq. ft. lease at vacant pharma campus in Plainsboro

A biotechnology firm is set to become the first new tenant at the former Bristol-Myers Squibb campus in Plainsboro, where it will lease more than 90,000 square feet for its new U.S. headquarters and research lab.

NKF: Northern, central New Jersey office market ‘stable’ at midyear

Life sciences firms accounted for the two largest office leases of the second quarter in northern and central New Jersey, in a market that remains stable despite a slight uptick in availability.

Three more co-working locations join EDA program for rent grants

Three female-led co-working spaces have joined the growing list of locations that are eligible for rent support grants under a program offered by the state Economic Development Authority.

Biotech firm, weighing 90,000 sq. ft. HQ in Plainsboro, wins EDA tax credit approval

The state has approved a 10-year, $12.8 million tax credit package to encourage a biotechnology company to expand in Mercer County, with the potential to take 90,000 square feet at a former Bristol-Myers Squibb headquarters campus in Plainsboro.