Real Estate

Feb 27, 2009

Economic Indicators

New Jersey inventory of unsold homes (2005-2008)

Feb 20, 2009

Hartz Mountain to launch solar power initiative

A 412-kilowatt rooftop solar array is the first the real estate developer said it plans to install on the buildings within its 39 million-square-foot portfolio.

Feb 6, 2009

Matrix Announces 1 Million Square Foot Land Sale at Salem County Industrial Park

National Freight Industries bought property at Matrix’s Gateway Business Park, in the Salem County township.

Feb 2, 2009

Report New Jersey Office Market Stayed Active in Fourth Quarter

Renewals made up 35 percent of total leasing activity during the fourth quarter — up 40 percent from the fourth quarter of 2007, according to the report.

Jan 28, 2009

Massey Knakal Opens N.J. Office

"New Jersey is something internally the firm's been looking at doing for a number of years," said Landon McGaw, managing director of the new office.

Jan 23, 2009

Commercial Real Estate Sales in N.J. to Remain Level in 2009, Says Broker

New Jersey apartment sales in 2008 fell between 25 percent and 30 percent, while trading velocity for office and industrial buildings plunged about 40 percent.

Dec 9, 2008

SL GreenGramercy Capital Venture Sells 230 Million N.J. Property Stake

55 Corporate Drive is located on 150 acres at the crossroads of Route 206, I-78 and I-287, and serves as the North American headquarters for Sanolfi-Aventis.

Dec 5, 2008

South Jersey Housing Market May Be Faring Better Than North Jersey, Analysis Says

Home sales in northern New Jersey have fallen behind places in southern New Jersey, according to a new analysis by PolicyMap.

Dec 4, 2008

Survey Retail Vacancies Rise in Northern and Central New Jersey

Retail vacancies are on the rise along major shopping corridors in northern and central New Jersey, according to an interim survey conducted last month by retail real estate brokerage R.J. Brunelli & Co.

Nov 25, 2008

Matrix Buys Mid-Atlantic Corporate Center

Matrix Development Group has purchased the Mid-Atlantic Corporate Center, an 82-acre, 13-building complex at Exit 8A of the New Jersey Turnpike.

Nov 24, 2008

Economists Falling Foreclosures May Mask Actual Trend

While New Jersey's foreclosure rate fell by 25 percent in October, economists say falling home prices and rising unemployment will counter the decline.