Real Estate

The implosion of the signature tower of the now-shuttered Nabisco cookie factory in Fair Lawn is scheduled for April 15, officials said.
Sep 22, 2023

Fair Lawn OKs Greek’s warehouse plan for former Nabisco property

“It was a long process," Fair Lawn planning board member Gail Friedberg Rottenstrich told NJBIZ. "We had eight long hearings on this. ... I know not everyone is happy, but I know that the planning board, which is made up of residents of Fair Lawn, did its best to make the application the best that it could be."

Located at the intersection of Bergen Avenue and Academy Street, Bergen Square is the historical heart of Jersey City. - JENNIFER BROWN/CITY OF JERSEY CITY
Sep 20, 2023

Bergen Square revitalization incorporates Journal Square’s history

Once the site of New Jersey's first municipality, and before that utilized by the Lenni Lenape, work has begun to activate the the intersection of Bergen Avenue and Academy Street for public use.

Hard hat and construction
Sep 20, 2023

Industrial asset on the rise in Jersey City sets up prime opportunity

With immediate access to the New Jersey Turnpike, the nearly 500,000-square-foot development from NRS is roughly 3 miles from the Lincoln Tunnel with unparalleled access for prospective tenants.

The Securities and Exchange Commission settled charges against CBRE for using an employee release that violated the SEC’s whistleblower protection rule. - PEXELS
Sep 19, 2023

SEC settles with CBRE over whistleblower protection rule

As a condition of receiving separation pay, the company required its outgoing employees to sign an agreement certifying the individual had not filed a complaint against the company with any federal agency, according to an order from the Security and Exchange Commission.

401 Hackensack Ave. in Hackensack is a part of Continental Plaza. - CUSHMAN & WAKEFIELD
Sep 19, 2023

Cushman & Wakefield inks lease, completes sale in North Jersey

A medical office building traded for more than $4 million, while a tenant renewed its headquarters space at Continental Plaza in Hackensack.

Sep 19, 2023

NJEDA approves $90M Aspire credit for Newark transit village

“This is the kind of project that helps realize the dreams of residents to remain in the city they love and improve their quality of life," said Mayor Ras Baraka.

Maharaja Hypermarket, a specialty grocer, has signed on to lease a 3,500-square-foot retail space at Crossroads 389 in downtown Hackensack.
Sep 18, 2023

Specialty grocery store plans fall opening in Hackensack

Maharaja Hypermarket recently signed on to lease a 3,500-square-foot retail space at Crossroads 389, a five-story apartment building on Main Street.

Pathside, coming to 499 Summit Ave. in Jersey City's Journal Square neighborhood will rise 53 stories and feature more than 600 residences. - PANEPINTO PROPERTIES
Sep 18, 2023

53-story residential tower on the rise in Jersey City

"So when you look forward three, four, or five years, this will be the heart of the city again from a culture standpoint, from a nightlife standpoint, from a livability standpoint, and it takes partners to make that a reality," Mayor Steven Fulop remarked recently at a groundbreaking for the Journal Square project from Panepinto Properties and AJD Construction.

Sep 18, 2023

Bergman’s $16M Cherry Hill acquisition marks 1st in retail sector

The Woodbridge firm and JV partner Capstone Realty Group USA have added this 96%-occupied site, which includes a 45,000-square-foot parcel ready for development.

JLLU's first cohort pose at the company Chicago headquarters. - JLL
Sep 18, 2023

JLL’s brokerage course helps new hires learn the ropes

Within three months of joining the global commercial real estate and investment management company, freshmen employees enter a 13-week immersive development program to get them started in their career.

Since its launch in 2021, Open Access – a nonprofit that works to increase diverse representation in community development finance – has accepted 71 fellows into its program, narrowing down the roster from a pool of more than 600 applicants. Shown from left: Marcus Jones, Rashidah Billups, Gina Nisbeth, Jeff Monge, Bianca Cole, Jessica Washington and Brianne Lund.
Sep 18, 2023

Open Access aims to diversify community development finance (updated)

Founded by Jeff Monge and Gina Nisbeth, the nonprofit was launched in 2021 with a focus specifically on Black and Latinx communities, at a time when financial support for CDF was reaching unprecedented heights.

Zuckerberg's Industrial Park is situated on 40 acres in Saddle Brook. - SITEX GROUP
Sep 15, 2023

40-acre Zuckerberg’s Industrial Park changes hands for 1st time

“Buying an industrial park of this size in prime infill New Jersey – particularly in Bergen County – is incredibly rare," stated Sitex Principal Blake Chroman. "Over the past decade, we built a relationship with the sellers and always hoped that we would own it someday."