Commercial real estate instant insights for powerful business research, trends, and extensive education and information on CRE markets, practices, industries and sectors
Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
JERSEY CITY-A faulty approval process is blamed for officially doing in a controversial twin 43-story towers project, but it was community opposition on several other issues that led to the legal showdown.
SOUTH ORANGE, NJ-A total of 250 units are going up in this revived Downtown with the developer targeting young professionals in their marketing effort; 200 of the units will be in the first project.
HOBOKEN, NJ-The bond trader will move from nearby Jersey City to set up shop in SJP Properties' 1.1-million-sf corporate center, a centerpiece for this city's revitalization. CB Richard Ellis and Insignia/ESG negotiated the deal.
MOONACHIE, NJ-Assets totaling almost 135,000 sf move for $58 per sf in a market where supply is down more than a quarter and asking rents are up 14% in the last year.
BERNARDS TWP., NJ-Affinity Federal has signed Gale & Wentworth's construction unit to manage the project. It will be the first building in a new office park owned by the developer.
CLIFTON, NJ-The deal, put on a fast-track by both the buyer and seller, closed in only 60 days. The terms of the sale of the 22-unit property were not disclosed.
MONTVILLE, NJ-Mebane Packaging, a division of Westvaco Inc., signs long-term lease with owner First Industrial and will consolidate three of its New Jersey operations at a recently renovated facility here.
MORRIS TWP., NJ-The Order aims to strengthen its financial future, but may have to change plans as it prepares for a planning board vote. The environment is a key issue.
NEWARK-PSEG Site Finders, based here, makes the arrangements for Pandatel of Germany and Robotunits of Austria through its co-op deal with the commercial brokerage community, in this case JGT.
WEST LONG BRANCH, NJ-The online mortgage provider, making money one fiscal quarter ahead of its original business plan, hooks up with Britain's Foxton Real Estate to launch its package of e-services beyond its New Jersey home base.