Choose New Jersey, tasked with attracting businesses to the Garden State, has named a veteran of Canadian mall owner Triple Five Group as its next president and CEO.
Downeaster Development and Tantum Real Estate have broken ground on The Elbie, a 78-unit mixed-use rental complex at 305 Broadway in Long Branch, New Jersey, that will introduce boutique-scale residences and neighborhood-serving retail to the city’s Lower Broadway Corridor.
IDI Logistics has broken ground on an industrial facility in Piscataway, New Jersey, where the new warehouse will feature modern design and functionality tailored to meet the needs of today's logistics users.
It was a lease that represented a transformative transaction for the Jersey City, New Jersey, waterfront office market, where the vacancy rate is roughly 18%. The deal is a model for adaptive leasing strategies in modern urban markets.
A landmark $1 billion multifamily development, with a pair of 64-story towers and roughly 1,700 apartments, has helped transform an aging commercial district into a vibrant residential neighborhood in New Jersey's second-largest city.
The site of a vacant Sears store, a local eyesore, is being transformed into a luxury development that will add much-needed multifamily housing to the home of New Jersey's state university.
SJP Properties capped its M Station office development by bringing a second corporate headquarters to the site in Morristown, New Jersey, spotlighting the town's ability to draw nationally and internationally renowned companies.
Property Reserve, based in Salt Lake City, Utah, acquired the industrial building at 1065 Cranbury South River Rd. in South Brunswick, New Jersey, from Morgan Stanley for $138.5 million, or $307.55 per square foot, according to the deed in public record.
New Jersey real estate firm P3 Properties acquired The Pennington, a 147-unit multifamily property at 211 Pennington Ave. in Passaic, New Jersey, from The Birch Group for $49.5 million, or $336,735 per unit.
Faropoint purchased a 81,646-square-foot industrial building in Mahwah, New Jersey, from Waitex International for $15.9 million. The transaction equates to approximately $194 per square foot.
A 366-unit multifamily loft complex, a repurposed former century-old factory in downtown Jersey City, New Jersey, has obtained $136 million in refinancing.
In the months leading up to the NCAA men’s and women’s college basketball tournaments, the regular season is played at hundreds of venues scattered across the country.
The Paper Store is converting more of its namesake stores to its new immersive retail concept, Uncharted, as part of a $60 million multiyear growth plan.