Real Estate

Dec 5, 2011

Survey Internal control of data still key to corporations

Protecting data by operating data centers internally and using redundant power sources remain key criteria for corporations when selecting a data center, according to a survey co-authored by Newmark Knight Frank and CoreNet Global.

Dec 2, 2011

N.J. home prices continue decline South Jersey hit hardest

New Jersey home prices still exceed the national average by a wide margin, but according to the Federal Reserve Bank of Philadelphia, South Jersey continues to be hardest hit with declining home prices.

Dec 1, 2011

New Brunswick project gets 30.5M in financing

The New Brunswick Wellness Plaza project got a boost Thursday when $30.5 million in New Market Tax Credit financing was announced.

Nov 28, 2011

A guiding hand in high-profile relocations

To one industry colleague, Ed Walsh's golf game has much in common with the way he's built his eight-year-old project management firm.

Nov 22, 2011

Meridian negotiates 41M in financing for N.J., Pa. multifamily properties

Meridian Capital Group announced it has negotiated $40.9 million in financing for a series of multifamily properties in New Jersey and Pennsylvania.

Nov 21, 2011

Assembly committee reviewing expansion of Urban Transit Hub tax credit

Another round of changes may be in store for the state's Urban Transit Hub tax credit program, which would be amended under a version of the Grow New Jersey incentive bill up for review today by an Assembly committee.

Nov 21, 2011

New life for arts building’s redevelopment

Deanna Hunt knew she had found a home for her event production company in 2006 when she moved This Is It Stageworks to the Monroe Center for the Arts, in Hoboken. With the airy feel of a loft and a diverse mix of tenants, the five-story building gave the company the space and the creative atmosphere it...

Nov 18, 2011

Jones Lang LaSalle launches system to remote monitor its portfolio

The Somerset section of Franklin is the new home of the worldwide command center for a real-time, remote building monitoring and control system launched by Jones Lang LaSalle.

Nov 17, 2011

New direct lending firm looks to help real estate with bridge loans

Several experienced lenders have joined together to form a new funding firm in Hackensack to provide money to commercial real estate when traditional funding is unavailable.

Nov 17, 2011

Telx announces plan to build first data center

In response to the continued demand for outsourced IT infrastructure, Telx announced Thursday it will add to its existing New Jersey data center portfolio by building a purpose-built facility next to its existing Clifton data center.

Nov 16, 2011

Triple Five Xanadu completion ‘not economically viable’ without wetlands development

The developer of the long-stalled retail and entertainment complex previously known as Xanadu continued to insist today that its plans for completing the project and rebranding it American Dream Meadowlands are "not economically viable" without its plan to build upon a 5.5-acre tract of wetlands.

Nov 16, 2011

Survey of homes in college football markets ranks New Brunswick 34th most-expensive

A study on housing prices in football-intensive college towns listed New Brunswick among the most expensive such markets in the U.S., but one real estate agent said the price estimates for the home of Rutgers University are too high.