NAIOP panel: Disruptors abound in CRE, from co-working to reverse logistics

Commercial real estate faces no shortage of disruptive forces, a panel of industry leaders told NAIOP New Jersey last week, citing everything from ridesharing services and automation to changing corporate and consumer preferences.

Rockefeller, HVAC provider ink 155,000 sq. ft. lease in Piscataway

Rockefeller Group and PCCP LLC have filled a second building at their planned 2.1 million-square-foot industrial park in Piscataway, signing a 155,000-square-foot lease with a maker of ductless heating and cooling products.

Rockefeller taps former Prologis exec to lead New Jersey, Pennsylvania offices

Rockefeller Group has named a new leader of its development team in New Jersey and Pennsylvania, tapping a former Prologis market officer to fill the role.

Office solutions firm inks 155,000 sq. ft. at Rockefeller park in Piscataway

Rockefeller Group has attracted another tenant to its new logistics park in Piscataway, securing a 155,000-square-foot lease with a maker of office furniture and products.

New Jersey industrial brokers, developers thinking regionally as tenants expand the market

With a limited supply and an increasingly savvy approach to logistics, tenants are pushing the historical boundaries of the New Jersey industrial market and expanding not only westward, but to the southernmost parts of the state and to the east to New York City. As occupiers explore these new frontiers, developers and brokers in New Jersey are following suit with a more regional approach to the warehouse and distribution sector.

Machemer joins Crow Holdings Industrial, with plans to grow Northeast footprint

Clark Machemer, a prominent New Jersey development executive, has joined Crow Holdings Industrial to lead the firm’s newly established office in the Northeast.

Oliver talks DCA changes, affordable housing at NAIOP forum

State officials are weighing their options for modernizing the Department of Community Affairs, Lt. Gov. Sheila Oliver said last week, from electronic permitting to the potential to allow municipalities to privatize code enforcement. Far less certain is how they will tackle more high-profile issues such as affordable housing, shared services and the tax credit programs that have fueled development in recent years.

MCEDC honors real estate deals, business leaders at annual luncheon (SLIDESHOW)

The Morris County Economic Development Corp. recently hosted its 26th annual Partners in Economic Development Awards Luncheon, in an event that recognized several high-profile real estate deals in the county from the past year.

After pitch to Amazon, Trenton feels it’s one step closer to unlocking its potential

Making a pitch for Amazon’s second headquarters achieved two very important goals for Trenton: Not only did the city submit a competitive, coordinated bid for Amazon HQ2 — a feat that may have seemed unlikely in past years — but it created a blueprint for showing its vast potential as a vibrant, mixed-use destination for other large corporations.

New 725,000 sq. ft. facility will serve as distribution, customer service hub for Best Buy

A new Best Buy distribution center is slated to open in Piscataway by this year’s holiday shopping season, under a 725,000-square-foot lease touted Friday by Rockefeller Group.