The New Jersey Economic Development Authority greenlit a state incentive for residential developers, under one of a dozen programs meant to lift the state out of the COVID-19 recession.
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Real Estate
Two properties completed at Linden Logistics Center; WDS inks first lease
World Distribution Services, a leading provider of creative warehouse logistics solutions with a focus on retail distribution, transloading, and international and domestic warehouse storage, signed the complex's first lease to occupy the newly finished Building E.
Read More »OrbVest, Whyte Medical acquire 80,000-SF East Windsor medical office complex
The two-building, 80,000-square-foot asset offers a strategic location within the Princeton Hightstown area with solid tenants and long leases in place.
Read More »Moving forward
A panel of experts on real estate development, management and construction in New Jersey outlined the strengths in the market and the challenges facing the industry during NJBIZ's most recent virtual panel discussion.
Read More »Middlesex County Farmland Preservation Program acquires 35-acre farm in Monroe Twp.
According to a 2018 report by American Farmland Trust, 31 million acres of farmland were lost between 1982 and 2012 nationwide. New Jersey is the third most threatened with nearly 4% of the state’s agricultural land converted by developers between 2001 and 2016.
Read More »Vantage Commercial secures new lease for Smith Publicity in Cherry Hill
The book promotion company signed a 3,300-square-foot deal for its relocation within South Jersey. The space is being fully renovated to meet its needs.
Read More »Former Bears stadium in Newark to be mixed-use development
The development will be built in nine phases with around 4,200 residential units, 200 affordable units, up to 3,000 parking spaces, at least 100,000 square feet of hospitality and destination retail, coworking space and publicly accessible green space.
Read More »Pennsylvania and New Jersey industrial portfolio refinanced for $16.86M
JLL Capital Markets arranged the funding for Denholtz Properties’ six-building portfolio.
Read More »Pierson’s Krauss records a dozen CRE deals in Q1
The Marlboro-based commercial retail real estate services firm announced Director Gary Krauss's milestone for outlets including Bubbakoo’s Burritos, Wing Stop and Jersey Mike's Subs.
Read More »Genesis Cos. completes rehab of Vista Village in East Orange
The 180-unit, 100% affordable residential building is dedicated to seniors and adults with disabilities.
Read More »Poll: Two-thirds of employers considering remote work post-COVID
A joint report by the Bridgewater-based office goods firm Brother International and Focus NJ found that 65% of businesses will allow some form of out of office work following the pandemic, or are currently considering such a move.
Read More »Colliers adds accomplished industry veteran to agency leasing practice
James Postell joins the commercial real estate firm as executive managing director, bringing 30-plus years of experience representing world-class clients like American Express and International Paper.
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