Stakeholders gathered Wednesday to mark the opening of a new 22-story residential tower in downtown Newark, the city’s first ground-up luxury high-rise in more than 50 years and the first tangible piece of a plan to develop the property around the New Jersey Performing Arts Center.
SJP Properties has announced the creation of a new division within the firm, formalizing its push to expand its third-party development and construction management business.
Commercial real estate firms in recent years have grappled with finding young talent to help fortify their ranks for years to come. But Steve Pozycki believes the long-term stability of SJP Properties has helped it attract the next generation of executives.
The joint venture ownership of a Newark office tower has tapped JLL to find a buyer for the 423,000-square-foot property.
The owners of a Roseland office building have leased 71,000 square feet to law firm Connell Foley, bringing another major professional service tenant to the newly renovated property.
Stakeholders are celebrating a project that is not only a long time coming, but coming at perhaps the perfect time for Newark.
Business leaders and public officials gathered in Newark on Monday for groundbreaking ceremony for One Theater Square, a $116 million residential tower across from the New Jersey Performing Arts Center.