Tenant brokers with Savills Studley are touting an opportunity for office users in 2018, amid last year’s slowdown in leasing volume and growing availabilities in the state’s top submarkets.
Multifamily projects in Morristown and Monroe are among the latest developments financed by Investors Bank, contributing to more than $2.5 billion in commercial real estate activity completed by the lender in 2017.
A crowd of more than 300 turned out Monday, Jan. 22, for NAIOP New Jersey’s annual meeting and commercial real estate outlook event.
Mack-Cali Realty Corp. has offered a glimpse at $50 million in upgrades it’s planning at a dozen suburban office buildings in the Parsippany, Short Hills, Metropark and Red Bank submarkets.
The Blau & Berg Co. has promoted one of its longtime members to principal and senior director.
We assembled a panel of industry experts to tackle this month’s question. What are the biggest challenges to construction and redevelopment in New Jersey?
Here’s what they had to say.
RXR Realty has completed the $368 million sale of six office buildings in Short Hills and Madison to Mack-Cali Realty Corp., according to HFF, in a high-profile trade involving one of the state’s most high-end suburban submarkets.
Experts say the struggles of New Jersey’s suburban office market are not as clear-cut as many still believe. Those challenges are in fact real, but there are still plenty of opportunities for owners and developers to make a splash.
With an uptick in demand that started last fall, lenders with Investors Bank have financed more than $100 million in commercial real estate transactions in recent weeks.