Government & Public Policy
Community solar program benefiting property owners, residents set to expand under new law

State officials are doubling down on a program that has brought solar panels to warehouses across New Jersey while creating low-cost clean energy for thousands of residents.

Industrial
Industrial owners pivot to new (and old) strategies amid challenges to development, capital stack

Industrial owners in New Jersey are adapting to a climate of caution in the capital markets, cooling demand from tenants and growing local resistance to large warehouse projects. Some see it as a chance to double down in a market that they feel is still fundamentally sound, despite a slowdown in big-box leasing, as others pivot to different, more conservative approaches.

Events
IOREBA panel conveys optimism, pragmatism amid market uncertainty (SLIDESHOW)

Speaking at IOREBA’s annual Developers Night, a panel of industry leaders offered both optimism and assuredness, but also frustration about a market that is still fundamentally strong in many respects but grinding along in the face of economic headwinds.

Events
IOREBA unveils high-profile speaker lineup for upcoming ‘Developers Night’ program

The Industrial and Office Real Estate Brokers Association has unveiled a panel of eight industry leaders who will headline its popular Developers Night event next month.

Industrial
Big energy: How fast-growing Solar Landscape became a force in New Jersey commercial real estate

Solar Landscape has become a key player with a visible presence in New Jersey’s commercial real estate industry, having leased more than 20 million square feet of rooftop space for its solar projects.

Finance & Capital Markets
Investors take pause, reassess as interest rates shock commercial real estate market

The rapid rise in interest rates has caused a sudden slowdown and growing uncertainty in New Jersey’s investment sales market, leading buyers to reassess their plans in the near term, while placing newfound pressure on even the strongest asset classes.

Events
NAIOP New Jersey details slate for annual President’s Awards, Hall of Fame Dinner

Eight key players in the state’s commercial real estate sector will take the stage in early November as part of NAIOP New Jersey’s annual President’s Awards and Hall of Fame Dinner.

Cover Story
Prologis eyes continued push in New Jersey, New York with a team that has doubled since 2019

Prologis Inc. has grown to about 65 employees in New Jersey and New York to support its expansion in the region, nearly double its headcount from just three years ago, reflecting the growth of its footprint during that time from 37 million to 44 million square feet.

Industrial
Prologis to add 9.6 million square feet in New Jersey with Duke Realty acquisition

Prologis Inc. will add nearly 10 million square feet to its New Jersey portfolio after agreeing to acquire Duke Realty Corp., in an all-stock, $26 billion transaction that spans more than 150 million square feet of combined industrial space in 19 major U.S. markets.

Industrial
Prologis adds vice president, development officer in New Jersey and New York market

Prologis has tapped a construction industry veteran as a new vice president and development officer in the company’s New Jersey and New York region.