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State’s First Field Hospital at Meadowlands Exposition Center to Open Next Week
News 5 days ago
State’s First Field Hospital at Meadowlands Exposition Center to Open Next Week

SECAUCUS, NJ-New Jersey Gov. Phil Murphy and U. S. Sen. Bob Menendez, during a tour of the facility on Thursday, said the state's first field...

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NAIOP Helping New Jersey Identify Properties for Health Care Conversion
News 6 days ago
NAIOP Helping New Jersey Identify Properties for Health Care Conversion

NEW BRUNSWICK, NJ-NAIOP New Jersey has worked with New Jersey government to identify more than 1.5 million square feet of commercial space for...

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German High-Tech Firm Signs More Than 66,000 SF Lease at The Warren Innovation Center
News 6 days ago
German High-Tech Firm Signs More Than 66,000 SF Lease at The Warren Innovation Center

WARREN, NJ-The German high-tech communications firm Huber Suhner Astrolab has signed a long-term lease of 66,413 square feet at Ivy Realty's 40...

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PREIT to Cut Dividend, Capital Projects and Takes Other Measures to Improve Liquidity in Response to Coronavirus
News 1 week ago
PREIT to Cut Dividend, Capital Projects and Takes Other Measures to Improve Liquidity in Response to Coronavirus

PHILADELPHIA-Locally-based PREIT reports that it is taking a number of steps to increase liquidity, including drastically reducing dividends,...

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Jersey City Film Studio Projects Secure $48.25M in Financing
News 1 week ago
Jersey City Film Studio Projects Secure $48.25M in Financing

JERSEY CITY, NJ-New York City-based developer INDUSTRY GO has secured a $48.25-million loan for the conversion of two warehouse buildings here into...

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City Prepares to Convert Temple’s Liacouras Center for Health Care Use in Response to Spread of Coronavirus
News 1 week ago
City Prepares to Convert Temple’s Liacouras Center for Health Care Use in Response to Spread of Coronavirus

PHILADELPHIA-Federal, state and city health officials have begun preparations to convert the home of the Temple University Owls basketball team...

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New Jersey Announces Major Banks Offering Coronavirus Mortgage Payment Relief
News 1 week ago
New Jersey Announces Major Banks Offering Coronavirus Mortgage Payment Relief

TRENTON, NJ-New Jersey Gov. Phil Murphy announced on Saturday that a group of major banks have joined other financial institutions to provide New...

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CarePoint Health Signs Deal to Sell Bayonne Medical Center
News 1 week ago
CarePoint Health Signs Deal to Sell Bayonne Medical Center

BAYONNE, NJ-CarePoint Health has signed a letter of intent to sell its Bayonne Medical Center here to BMC Hospital LLC. No financial terms of the...

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Vantage Brokers Retail Property Sale in Magnolia
News 2 weeks ago
Vantage Brokers Retail Property Sale in Magnolia

MAGNOLIA, NJ-After relocating operations to a new facility in nearby Voorhees, NJ,East Coast Enterprises, LLC has sold its retail facility here to...

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The Hub at Metuchen Trades for Nearly $30M in 1031 Exchange
News 2 weeks ago
The Hub at Metuchen Trades for Nearly $30M in 1031 Exchange

METIUCHEN, NJ-Renaissance Properties of Old Bridge, NJ has sold the mixed-use The Hub at Metuchen complex here for $29.6 million. The deal was...

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New Jersey Orders Closure of All Non-Essential Retail Businesses to Combat Coronavirus
News 2 weeks ago
New Jersey Orders Closure of All Non-Essential Retail Businesses to Combat Coronavirus

NEWARK, NJ-New Jersey Gov. Phil Murphy has ordered the closure of all non-essential retail businesses in the Garden State and directed all...

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Federal Realty Investment Trust JV Acquires Hoboken Portfolio for $200M
News 2 weeks ago
Federal Realty Investment Trust JV Acquires Hoboken Portfolio for $200M

HOBOKEN, NJ-A joint venture that includes Rockville, MD-based Federal Realty Investment Trust has acquired a 39-property mixed-use portfolio here...

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Mack-Cali Fires Back at Bow Street’s ‘False Statements’
News 3 weeks ago
Mack-Cali Fires Back at Bow Street’s ‘False Statements’

JERSEY CITY, NJ-Mack-Cali Realty Corp., in response to criticism leveled last week by dissident shareholder group Bow Street LLC, stated that it is...

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Stockton University, Atlantic City Development Corp. to Build New Student Housing
News 3 weeks ago
Stockton University, Atlantic City Development Corp. to Build New Student Housing

ATLANTIC CITY, NJ-Stockton University and the Atlantic City Development Corp. have announced a public-private partnership to build a new student...

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Provident Financial to Merge with SB One Bancorp in $208.9M Deal
News 3 weeks ago
Provident Financial to Merge with SB One Bancorp in $208.9M Deal

ISELIN, NJ-Locally-based Provident Financial Services, Inc. announced on Thursday it had signed a definitive merger agreement with SB One Bancorp...

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Broker Says New Jersey Retailers Adaptable RE Strategies Paying Dividends
News 3 weeks ago
Broker Says New Jersey Retailers Adaptable RE Strategies Paying Dividends

OLD BRIDGE, NJ-Retailers such as Lidl, Sephora and T. J. Maxx are ramping up their competitiveness across New Jersey by staying flexible on key...

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Thomas Vetter Named SIOR NJ President
News 1 month ago
Thomas Vetter Named SIOR NJ President

TETERBORO, NJ-Veteran commercial real estate broker Thomas A. Vetter of NAI James E. Hanson has been named president of the New Jersey Chapter of...

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Pennsylvania Logistics Center Project Secures $111M Financing Deal
News 1 month ago
Pennsylvania Logistics Center Project Secures $111M Financing Deal

ALLENTOWN, PA-A partnership between GLP Capital Partners and Ridgeline Property Group has secured $111 million in financing for its Park 100...

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Construction Begins on Speculative Warehouse Project Near Newark-Liberty Int. Airport
News 1 month ago
Construction Begins on Speculative Warehouse Project Near Newark-Liberty Int. Airport

NEWARK, NJ-Construction has commenced on The S. Hekemian Group's speculative warehouse project at 120 Frontage Road here. The 75,900-square-foot...

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NJHMFA Opens 2020 Competition for Federal 9% Low Income Housing Tax Credits
News 1 month ago
NJHMFA Opens 2020 Competition for Federal 9% Low Income Housing Tax Credits

TRENTON, NJ-The New Jersey Housing and Mortgage Finance Agency reports it has opened a competition for the award of $24 million in highly...

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NJ State Senate Floats $500M NJ TRANSIT Funding Plan
News 1 month ago
NJ State Senate Floats $500M NJ TRANSIT Funding Plan

TRENTON, NJ-New Jersey State Senate President Steve Sweeney has proposed a plan to divert $500 million from three funding sources to bolster the...

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New Jersey Industrial Market Ranks No. 5 in Nation
News 1 month ago
New Jersey Industrial Market Ranks No. 5 in Nation

SADDLE BROOK, NJ-The strength of the Central and Northern New Jersey industrial market that saw the absorption of newly constructed space last year...

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Old Navy to Open New Parsippany Store This Summer
News 1 month ago
Old Navy to Open New Parsippany Store This Summer

PARSIPPANY, NJ-Old Navy has signed a lease deal at the Waterview Marketplace and will occupy a 12,500-square-foot store there this summer. The new...

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Gov. Murphy Restores Funding for Affordable Housing Trust
News 1 month ago
Gov. Murphy Restores Funding for Affordable Housing Trust

TRENTON, NJ-New Jersey Gov. Phil Murphy announced on Wednesday that he will restore millions of dollars into the state's Affordable Housing Trust...

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Delaware County Industrial Building Changes Hands
News 1 month ago
Delaware County Industrial Building Changes Hands

GARNET VALLEY, PA-A fully-occupied more than 172,000-square-foot industrial office building here has been sold. The property a 1515 Garnet Mine...

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Port Authority Signs Lease Deal with Bayonne to Start NYC Ferry Service
News 1 month ago
Port Authority Signs Lease Deal with Bayonne to Start NYC Ferry Service

BAYONNE, NJ-The Port Authority of New York and New Jersey has signed a lease deal for property at the Port Jersey-Port Authority Marine Terminal...

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Seven Lease Deals Totaling 90,000 SF Signed at Equus Capital Properties in PA
News 1 month ago
Seven Lease Deals Totaling 90,000 SF Signed at Equus Capital Properties in PA

The deals, brokered by CBRE, involved four new lease deals and three renewals. The CBRE team of Scott Gabrielsen, Stephen Gersbach and Tara Hayden...

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Construction Begins on Final Phase of Camden Affordable Senior Project
News 1 month ago
Construction Begins on Final Phase of Camden Affordable Senior Project

CAMDEN, NJ-Construction has officially begun on the fourth and final phase of The Branches at Centerville affordable housing development here....

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SJP Properties Adds Woodbridge Office Building to Portfolio
News 1 month ago
SJP Properties Adds Woodbridge Office Building to Portfolio

WOODBRIDGE, NJ-New York City-based SJP Properties reports it has acquired the 200 Wood Ave. South office building here and plans to undertake a...

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NJ Angel Program Supported 32 Life Science Tech Firms in 2019
News 1 month ago
NJ Angel Program Supported 32 Life Science Tech Firms in 2019

TRENTON, NJ- The New Jersey Economic Development Authority announced on Tuesday that it approved 161 applications for investments into 32 emerging...

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