Retail
Newmark: Downtown Summit building repositioned with retail, office tenants

A onetime department store complex in downtown Summit has found new life as a mixed-use commercial space, having reached full occupancy with a group of retail and office tenants.

Office
Avison Young named leasing agent for downtown Summit buildings

The new owner of two high-end office buildings in downtown Summit has hired Avison Young to market and manage the properties.

Retail
Hollister delivers new-look Aston Martin facility in Summit

Hollister Construction Services has completed renovations at an Aston Martin dealership in Summit, as part of a plan to modernize the building’s showroom and other spaces within the facility.

Office
NKF: Newark, suburban downtowns show strength in 2017 amid struggling office market

Despite suffering the largest occupancy losses in nearly a decade, the northern New Jersey office market emerged from 2017 with reasons to be optimistic.

Office
JLL report shows continued gaps in rents, vacancy between N.J. transit hubs and suburbs

Suburban office landlords who spruce up their buildings have seen tenants come calling, but continue to trail those offering space in urban locations and those served by mass transit.

Retail
RKF touts 23,000 sq. ft. of retail leasing in downtown Summit

A high-end furniture store and a California-based home décor chain are among the newest retailers in downtown Summit, following a series of leases brokered by RKF.

Office
NAI Hanson: Design firm moving headquarters in Summit

An architectural firm is relocating within Summit to nearly 2,400 square feet of sublease space, following a deal arranged by NAI James E. Hanson.

Office
JLL team provides a cure for New Jersey’s vacant pharma sites

Several of New Jersey’s largest, most prominent life sciences complexes are now on the path toward redevelopment, with new anchor tenants in place or new owners that can reclaim the value of what was left behind.

In the most high-profile cases, a team at JLL has been right in the thick of it.

Residential & Mixed Use
‘Uber does have a part to play’ in CRE, company official tells NAIOP members

Uber may have unveiled a new partnership with a New Jersey developer earlier this week, but it’s just one of the steps that the ridesharing service has taken — and is planning for the future — to work hand in hand with the real estate industry and other business sectors.

A company official detailed some of those other affiliations last week, speaking directly to a crowd of NAIOP New Jersey members and professionals in Elizabeth.

Office
Normandy, Yeager tout new leases at Summit office building

Developers have brought an office building in downtown Summit to full occupancy within a year of acquiring and starting renovations on the 128,000-square-foot property.