Study projects demand for 1,300 new housing units in downtown Trenton over next five years

Housing demand in Trenton is on the rise, according to a recent market study, creating a need for nearly 1,300 new residential units in the downtown over the next five years.

Evans, key Trenton business leader, outlines goals as new chair of downtown association

A top executive with Greater Trenton, the nonprofit economic development organization in the city, has taken the reins as board chair of the Trenton Downtown Association.

Survival products maker inks $1.8 million sale-leaseback in Trenton, NAI Fennelly says

A company that makes survival products has sold its Trenton manufacturing facility for $1.8 million, in a sale-leaseback deal announced Thursday by NAI Fennelly.

Metropolitan America sells 160 apartments in Trenton for $21 million, CBRE says

An apartment owner has sold a combined 160 units in Trenton for a total of $20.5 million, in a set of newly announced transactions by CBRE.

Right at home: NJAA moves to Trenton, with advocacy looming ever larger after COVID crisis

The New Jersey Apartment Association has changed its address, but there’s nothing unfamiliar about its new home in Trenton. The organization and its in-house team, previously based in Middlesex County, have long been a key voice in state politics and policymaking, advocating on behalf of a membership that owns and manages some 230,000 rental units.

Trenton industrial complex fetches $5.6 million, NAI Fennelly says

A seller has reaped $5.6 million in the trade a four-building, 75,097-square-foot industrial complex in Trenton, in a newly announced deal by NAI Fennelly.

NAI Fennelly seeking buyer for 240,000 sq. ft. Trenton office building

One of downtown Trenton’s largest office buildings is on the market for sale, in a newly announced listing by NAI Fennelly.

Iron Ore buys 59,000 sq. ft. grocery-anchored retail center in Trenton

An affiliate of Iron Ore Properties LLC has purchased a grocery-anchored retail center in Trenton, the Milburn-based firm announced Thursday.

NAI Fennelly tapped to market 27,000 sq. ft. former parachute maker HQ in Trenton

The owner of a Trenton industrial building is seeking a buyer or tenant for the nearly 30,000-square-foot property, brokers with NAI Fennelly announced Tuesday.

Applications underway for Aspire, a program poised to spur large-scale urban development

The New Jersey Economic Development Authority is now accepting applications for Aspire, an aggressive tax credit program that was designed to encourage redevelopment projects using incentive awards to reimburse developers for certain project financing gap costs. With high costs of construction and mandates at the municipal level related to affordable housing requirements as part of market-rate development projects, the need for a gap financing tool is critical and welcomed by those trying to operate in a tight market.