A longtime New Jersey apartment owner has reaped $146 million from the sale of seven properties in Essex, Monmouth and Mercer counties, brokers with CBRE said Tuesday.
A newly enacted law allows New Jersey municipalities to assemble blighted properties within their borders, creating land banks that they can use to spur much-needed redevelopment.
The state’s Business Action Center has long billed itself as a one-stop shop for helping companies grow in New Jersey and attracting new ones from out of state. That often means finding solutions for commercial real estate needs, from helping a scientist find lab space to assisting Amazon with its ever-growing network of fulfillment centers. It also means helping developers and their professionals navigate the web of state agencies that are involved in real estate decisions, from NJ Transit to the Department of Environmental Protection.
A bill that would create new specialized, lower-cost liquor licenses and likely provide a boost to New Jersey’s commercial real estate sector has cleared another hurdle in the Legislature.
A real estate investment trust has added to its portfolio in central New Jersey, acquiring a 347,145-square-foot industrial property in Trenton for more than $85 million.
Two New Jersey law firms are joining forces to create a team of more than 50 attorneys and what it says will be a wide-ranging legal practice.
We assembled a panel of industry experts to tackle this month’s question. Here’s what they had to say. Edwin H. Cohen, principal partner, Prism Capital Partners (Bloomfield) Without a doubt, life sciences has emerged as a dominant sector fueling New…
For all of the appeal of having office space near a train station, eight of New Jersey’s best-known “transit hub” submarkets took a collective step back in 2017, although they continue to stand apart from the state’s suburban highway corridors.