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Why Newark’s Amazon HQ2 Finalist Spot Was No Surprise
News 1 week ago
Why Newark’s Amazon HQ2 Finalist Spot Was No Surprise

When Amazon announced the finalists for its HQ2, Newark, New Jersey, was among the chosen few. The New York City neighbor stood out for its growing...

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How Well Do You Know NYC's Tech Hub Across the Hudson?
News 1 week ago
How Well Do You Know NYC's Tech Hub Across the Hudson?

Across the Hudson River from New York City, the U.S.' next tech hub is booming. Newark, New Jersey, is a finalist for Amazon HQ2 and already home...

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Kushner Gets $200M Loan From Citigroup For Trump Bay Street In Jersey City
News 1 month ago
Kushner Gets $200M Loan From Citigroup For Trump Bay Street In Jersey City

Kushner Cos. has landed another large loan from Citigroup mere weeks after a previous deal came under heavy scrutiny over a potential conflict of...

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Companies In Amazon HQ2 Bid Markets Are Demanding Similar Incentives
News 1 month ago
Companies In Amazon HQ2 Bid Markets Are Demanding Similar Incentives

While cities across North America vie for Amazon’s second headquarters, resident companies in bidding markets are demanding similar incentive...

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Newark May Convert Historic Former Hospital To Mixed-Use
News 1 month ago
Newark May Convert Historic Former Hospital To Mixed-Use

A historic former hospital in Newark may be getting a second life. St. Michael's Hospital, built in 1871 but abandoned after St. Michael's Medical...

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Strength In Numbers: New Jersey Office And Retail Work Better Together
News 1 month ago
Strength In Numbers: New Jersey Office And Retail Work Better Together

Industrial real estate remains king in New Jersey, and multifamily is still strong (especially near New York), but for industries that cannot trade...

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Bergen Logistics Signs Biggest Meadowlands Industrial Lease Since 2016
News 1 month ago
Bergen Logistics Signs Biggest Meadowlands Industrial Lease Since 2016

Demand for distribution centers in New Jersey may not be hot forever, but it does not seem to be slowing down quite yet. Bergen Logistics, a third...

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New York's 'Dean Of Property Management,' Edward Riguardi, Dies At 85
News 1 month ago
New York's 'Dean Of Property Management,' Edward Riguardi, Dies At 85

Edward Riguardi, a former JLL executive who was known as the "Dean of Property Management," died on Monday at his home in New Jersey. He was 85....

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East Coast Ports Need Big Infrastructure Investment To Meet Booming Demand
News 2 months ago
East Coast Ports Need Big Infrastructure Investment To Meet Booming Demand

Seaports along the East Coast have ridden a tidal wave of activity in recent years as they expand to meet growing demand. These booming ports are...

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Shhh... Amazon Asks Finalists To Keep Quiet About Remaining HQ2 Details
News 2 months ago
Shhh... Amazon Asks Finalists To Keep Quiet About Remaining HQ2 Details

Following an RFP process that had cities across North America competing vigorously — and publicly — to win Amazon’s HQ2, the e-commerce giant has...

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AMS Buys, Plans To Expand Silk Lofts Building In Bayonne
News 3 months ago
AMS Buys, Plans To Expand Silk Lofts Building In Bayonne

AMS Acquisitions is making moves across the Hudson River from its normal New York stomping grounds. The developer purchased Silk Lofts, an...

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Rockefeller Group Names Daniel Moore As Next President And CEO
News 3 months ago
Rockefeller Group Names Daniel Moore As Next President And CEO

Rockefeller Group has named Daniel Moore as its next president and CEO, effective April 1. Moore will assume his new duties after Dan Rashin and...

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Prices Jump At Warehouses Near Ports, Intermodal Ramps
News 3 months ago
Prices Jump At Warehouses Near Ports, Intermodal Ramps

E-commerce drove real estate prices for distribution centers near marine ports and intermodal ramps sky-high in 2017. Buyers’ expectations of...

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Blackstone Group To Acquire $1.8B Industrial Portfolio
News 4 months ago
Blackstone Group To Acquire $1.8B Industrial Portfolio

The Blackstone Group will acquire a 22M SF industrial portfolio from private equity firm Cabot Properties in a $1.8B deal financed through a...

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Mapletree Investments Closes On $750M Data Center Transaction
News 4 months ago
Mapletree Investments Closes On $750M Data Center Transaction

Singapore-based Mapletree Investments has closed on a $750M data center portfolio deal. The portfolio, purchased from Carter Validus Mission...

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Blackstone Group Buys 22M SF Industrial Portfolio For $1.8B
News 4 months ago
Blackstone Group Buys 22M SF Industrial Portfolio For $1.8B

The Blackstone Group will acquire a 22M SF industrial portfolio from private equity firm Cabot Properties in a $1.8B deal financed through a...

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New Jersey's Rapid Industrial Construction Still Can't Keep Up With Demand
News 4 months ago
New Jersey's Rapid Industrial Construction Still Can't Keep Up With Demand

Demand for industrial space in New Jersey is so hot that even unprecedented construction levels are failing to keep up. By the end of 2017,...

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Iron Mountain Acquires U.S. Operations Of IO Data Centers For $1.3B
News 4 months ago
Iron Mountain Acquires U.S. Operations Of IO Data Centers For $1.3B

Storage and information management services leader Iron Mountain Inc. will acquire the U.S. operations of IO Data Centers for $1.3B. The...

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European Unibail To Buy Westfield for $16B And Create World’s Largest Mall Owner
News 4 months ago
European Unibail To Buy Westfield for $16B And Create World’s Largest Mall Owner

Unibail-Rodamco has agreed to buy Westfield for about $16B in a deal that creates the largest owner of shopping centers in the world with a...

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Colorado Group Plans To Buy Revel Casino For $200M, Renovate, Reopen In 2018
News 4 months ago
Colorado Group Plans To Buy Revel Casino For $200M, Renovate, Reopen In 2018

Atlantic City's former Revel casino is on the cusp of a second revival. A group of investors, led by Colorado-based Mile High Dice, formed the...

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$2.5B Sayreville Mall Project Pivots To Mixed-Use With New Partner
News 5 months ago
$2.5B Sayreville Mall Project Pivots To Mixed-Use With New Partner

The change in plans for the 418-acre site in Sayreville, New Jersey, reflects the real estate world's changing attitudes toward retail. PGIM Real...

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How Changing Demographics Are Changing Hospital Systems
News 5 months ago
How Changing Demographics Are Changing Hospital Systems

It is hard to speak to a healthcare executive for long without hearing about how baby boomers are beginning to hit the age when they will need more...

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South Jersey's Multifamily Market Is Great, As Long As You Don't Build Anything
News 6 months ago
South Jersey's Multifamily Market Is Great, As Long As You Don't Build Anything

Multifamily buildings in South Jersey are performing well and trading at rapid rates, but according to panelists at Bisnow's Sixth Annual Future of...

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Amazon Strikes Deal With Greystar, Bozzuto, AvalonBay To Take Control Of Package Rooms
News 6 months ago
Amazon Strikes Deal With Greystar, Bozzuto, AvalonBay To Take Control Of Package Rooms

The country's leading apartment owners and managers are hoping nightmare scenarios of towering packages and cluttered mailrooms could become a...

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Rowan University, Nexus Properties Are Making Glassboro A College Town
News 6 months ago
Rowan University, Nexus Properties Are Making Glassboro A College Town

A public-private partnership is helping to create a walkable downtown in Glassboro, New Jersey, and, in doing so, tie the town's culture to that of...

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Urban Planner, Landscape Architect Among This Year’s MacArthur ‘Genius Grant’ Award Winners
News 6 months ago
Urban Planner, Landscape Architect Among This Year’s MacArthur ‘Genius Grant’ Award Winners

An urban planner and a landscape architect were among the 24 winners of this year’s MacArthur "Genius Grant" fellowships. Three criteria exist for...

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A New Firm Wants To Focus On Dignity In Affordable Housing
News 7 months ago
A New Firm Wants To Focus On Dignity In Affordable Housing

Affordable housing comes in many forms, and there is no consensus on which is preferable. But a new company to the market wants to develop it in...

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Candlebrook Properties Enters The Affordable Housing Market
News 7 months ago
Candlebrook Properties Enters The Affordable Housing Market

Affordable housing comes in many forms, and there is no consensus on which is preferable. But a new company to the market wants to develop it in...

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Kushner Cos. Buys Back N.J. Property It Sold To Finance 666 Fifth Ave. Purchase
News 7 months ago
Kushner Cos. Buys Back N.J. Property It Sold To Finance 666 Fifth Ave. Purchase

Kushner Cos. has reached into its past for an acquisition in what was once its bread-and-butter — New Jersey multifamily. The company purchased...

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Short-Term Housing Company AVE Adding Locations Around The Country
News 7 months ago
Short-Term Housing Company AVE Adding Locations Around The Country

With housing costs rising throughout the San Francisco Bay Area, alternatives to traditional multifamily have become increasingly popular. For...

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