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Real Estate

The Washington Medical Arts Building at 405 Hurffville Cross Keys Road is a two-story, 70,140-square-foot medical office building in Washington Township.
Mar 28, 2023

Washington Township medical office building fetches $14M (updated)

Avison Young arranged the sale of more than 70,000-square-foot South Jersey property.

Crossroads Corporate Center is a 100,925-square-foot office property located in the Princeton submarket.
Mar 28, 2023

JLL facilitates 100K-square-foot Princeton submarket office property sale

Since it was built in 1991, the three-story Crossroads Corporate Center, which sits on 45 acres, has undergone several renovations.

Lab
Mar 28, 2023

38K-square-foot Roszel Square life sciences facility OKed for ‘Einstein’s Alley’

The build-to-suit development from a joint venture of Mountain Development Corp. and Gottesman Real Estate marks the second collaboration in the market for the partners.

211-215 S. Newman St. in Hackensack is a 81,000-square-foot multi-building industrial property.
Mar 27, 2023

Hackensack multi-building industrial property lands $11M refinancing

The STRO Cos. worked with a local lender to secure the loan for the 81,000-square-foot multi-building site.

The courtyard at 60 Nevada, an affordable housing development in Newark.
Mar 27, 2023

Newark puts out call for equitable growth housing initiative

The Brick City issued a Request for Qualifications seeking experienced participants to further a major new program to help increase affordability and build wealth for residents while expanding opportunities for Minority/Women-owned Business Enterprise (MWBE) developers and contractors, and providing jobs and job training for locals.

Kamini Lane, president and chief executive officer for Coldwell Banker Realty
Mar 23, 2023

Coldwell Banker Realty appoints new president and CEO

Kamini Lane most recently served as brokerage president for Sotheby's International Realty.

One Westfield Place Rendering
Mar 20, 2023

It’s a go: One Westfield Place redevelopment gets council approval

According to the mayor, the project will deliver $400 million in private investment to the downtown, allowing for $54 million in public improvements and providing $214 million in PILOT revenue over 30 years “to stabilize and potentially lower taxes over the long term.”

880 Paterson Plank
Mar 20, 2023

Industrial sector settles into another new normal

The NAIOP Industrial Space Demand Forecast, which projects national demand for industrial space, characterizes the outlook for the sector as “bright.” In New Jersey, while that assessment holds true, it’s worth noting that the forecast is tempered from what it had been in recent years.

EV charging station
Mar 20, 2023

More EVs means more reasons to add chargers to your property

As of June 2022, the NJBPU reported there were 80,583 electric vehicles registered in New Jersey. A decade ago, the number was 265. And that number should continue climbing.

A 78,000-square-foot speculative industrial project is underway at 30 Duke Road in Piscataway at the Rutgers Logistics Center.
Mar 17, 2023

Levin launches 2nd spec industrial building in 12 months

The Plainfield firm is at work on a 78,000-square-foot building in Piscataway.

10 Independence Blvd. in Warren is a 120,000-square-foot office building that includes a 8,250-square-foot retail pad site.
Mar 17, 2023

Signature Acquisitions adds 120K-square-foot Warren office, retail site

The recently developed pad site at the property is the only approved drive-thru in the Somerset County municipality, according to Cushman & Wakefield, and will house a Dunkin' Donuts with the potential to add other users.

10 Exchange Place, Jersey City
Mar 17, 2023

Exchange Place Alliance shifts quarters in Jersey City

The group said March that it leased 900 square feet of office space at 239 Washington St. for at least three years.