Audible.com's move to Newark in 2007 has been well chronicled and widely praised, but it hasn't been imitated as much as CEO Donald Katz might like.
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Real Estate
Interest rate questions may put damper on surging multifamily investment sales
Investment sales in northern New Jersey's apartment sector have kept up a brisk pace, but questions over interest rates may start to weigh heavily on traders and brokers.
Read More »Supreme Court rejects Christie’s COAH elimination
The New Jersey Supreme Court today rebuffed Gov. Chris Christie's attempt to eliminate the Council on Affordable Housing.
Read More »Marcus Millichap hires new director at N.J. office
California-based Marchus & Millichap Capital Corp. announced Tuesday it has hired Brian McCabe as director in its Elmwood Park office. McCabe will head up debt financing deals for commercial real estate assets.
Read More »Health care, life sciences driving office market activity in N.J.
The health care and life science industries have proved vital to New Jersey's office market in recent months, driving leasing and sales activity to help vacancy inch downward in the second quarter, according to new market research by Avison Young.
Read More »NRT names new senior vice president
Madison-based residential real estate broker NRT LLC announced Monday it has appointed Dina DiMaria as its senior vice president for information technology. The newly created position will see DiMaria heading up NRT's applications and online services teams as well as providing technology support to the company's senior leadership.
Read More »HFF secures 11.8M in financing for NY supermarket
The Florham Park office of HFF announced Monday it secured $11.8 million in financing for a 65,000-square-foot freestanding ShopRite in Albany, N.Y.
Read More »Hampshire sells two medical office buildings in Englewood
Morristown-based real estate investment firm The Hampshire Cos. announced Monday it sold two medical buildings in Englewood, totaling 32,081 square feet. Financial terms were not disclosed.
Read More »Incentives overhaul backer still confident the bill will be ready for Christie this month
Legislation to overhaul the state's business and development incentives won't be taken up by lawmakers today, but one of its top backers said he still expects the Senate and Assembly to meet this month to send a bill to Gov. Chris Christie's desk.
Read More »RoboticValet comes to NJ
Cost-conscious developers are not keen on wasting space, especially when it comes to parking garages. But executives at Boomerang Systems Inc. say they've solved that problem with a new twist on an idea that's been around for 25 years.
Read More »Opportunity to Advance
Peter Cocoziello isn't alone in seeing the problems — and potential — posed by New Jersey's empty suburban office campuses.
Read More »Big investment sales the story for N.J. industrial market
A flurry of large investment sales headlined northern and central New Jersey's industrial real estate market in the second quarter, according to a new report by Jones Lang Salle.
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