New Jersey

Exclusive audio interview: New Jersey Future research suggests that hlousing affordability is a major factor for Millennials, says Tim Evans, New Jersey Future's research director.

Two Tower Center's ownership recently repositioned the 400,000 square-foot property and has included several upgrades, including a conference center, health club and full cafeteria.

"Construction continues to boom, 5700 rental units were added last year, this year it's projected to hit 9500," says Mitchell S. Berkey, co-chair of the real estate group, Chiesa Shahinian & Giantomasi who moderated the Multifamily panel.

A roundup of recent deals, leases, executive moves, and other news from the past week.

One Theater Square, located on a 1.2-acre site, is 22 stories tall and will encompass 268,500 square feet upon completion.

Hudson County Community College's new STEM facility includes 14 general classrooms; 10 science and engineering labs; an open lobby design; an outdoor collaborative space; a multi-purpose room, and office space.

The economy remains relatively stable overall, and commercial real estate has benefitted, says Fred Schmidt of Coldwell Banker Commercial. He spoke at RealShare New Jersey earlier this week.

The commercial real estate world is a constant state of assessing risk, creating investment strategies, and avoiding liability-your first steps could determine…