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09/24/2018
Atlantic City Bets on Resurgence With Stockton University's New $178.3 Million Local Campus
Earlier this month Stockton University started conducting classes at its new $178.3 million campus on the ocean in Atlantic City. The complex includes a 145-unit beachfront student dormitory, a high-rise parking garage to its right, and an academic center...

09/24/2018
Northern New Jersey Has the Fastest Industrial Rent Growth on the East Coast
Blue Apron leased out an entire 495,000-square-foot distribution center in Linden, New Jersey, (pictured) in 2016. The industrial market continues to be a bright spot in Northern New Jersey commercial real estate. As of September, year-over-year rent...

09/20/2018
Two Biggest Toys R Us Distribution Centers Sell for $177 Million
The Toys R Us Distribution Center at 703 Bartley Chester Rd. in Flanders, New Jersey, is one of two sold at auction last month. With a U.S. Bankruptcy Court’s approval, Toys R Us' two largest distribution centers, located in New Jersey and California...

09/19/2018
New Jersey Bill Aims to Help Vacant Malls, Office Parks
The Burlington Center mall at 2501 Mount Holly Rd. in Burlington, New Jersey, is one of the properties that New Jersey lawmakers say could be helped by a new bill. New Jersey lawmakers are making a new legislative push to help rid the state of its vacant...

09/17/2018
CBRE Global Investors Sells Saddle Brook Office Buildings for $115.5 Million
In the second sale of a New Jersey office portfolio north of $100 million this year, E&M Associates has acquired two buildings in Saddle Brook, New Jersey, for $115.5 million, or about $228 per square foot, showing that market sector heating up. CBRE...

09/17/2018
With Sales Booming, Small-Town Apartment Brokers Benefit
The 331-unit Elliston 23 in Nashville.Brett Kingman is too busy to talk about how busy he is. That's because he's an apartment real estate broker in a smaller city, where investors are flocking these days in search for more upside than major markets like...

09/14/2018
Bezos: Amazon Team 'Working Its Butts Off' to Decide on HQ2 Location
Jeff Bezos, CEO and founder of Amazon, was the guest speaker at The Economic Club of Washington, D.C. on Thursday. Jeffrey P. Bezos, Amazon founder and chief executive, did not tell people what they wanted to hear Thursday night. The e-commerce billionaire...

09/14/2018
Lands' End, Warby Parker Brick-and-Mortar Expansion Extends to New Jersey
Lands’ End and Warby Parker, two companies that didn’t start off as traditional retailers, are marking their expansion with brick-and-mortar locations across the nation by opening their first outlets in New Jersey this weekend. Lands’ End, whose roots...

09/12/2018
Morristown, New Jersey, Office Buildings Sell for $135.3 Million, a State Record for 2018
A $135.5 million three-building sale in Morristown, New Jersey, with a hospital chain as a major tenant is the largest office transaction in the state this year, a sign of rising demand for outpatient care as more baby boomers age. The price is a record...

09/10/2018
Former Mack-Cali Chief Rudin Named President of Savills Studley
Mitchell E. Rudin, a veteran New York real estate executive who previously held senior positions at CBRE, Brookfield and Mack-Cali Realty Corp., will join Savills Studley as its next president, succeeding Michael Colacino who is stepping down at the end...

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