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Real Estate

Attendees of the 2022 Building Connections event gathered at the Print House in Hackensack, a luxury development by Russo Development, The Hampshire Cos. and Fourth Edition Inc.

Some of CRE’s biggest NJ names join panel at Boy Scouts networking event

Building Connections brings together professionals in architecture, construction, engineering, real estate and the skilled trades to share ideas while supporting the scouting program’s workforce development initiatives.

The Maxon Hyndai at 2329 U.S. 22 W. in Union before it's redesign from REDCOM Design & Construction. - PHOTO: RECOM DESIGN & CONSTRUCTION

Before & After: REDCOM completes Maxon Hyundai

The car dealership continued to operate onsite throughout the 11-month, $15.5 million project to transform its showroom and service area.

Building 78 at Kearny Point offers flex work space in an innovative environment. - PROVIDED BY KEARNY POINT

Kearny Point flex space attracts sustainable food startup for 10K square feet

NutriCleanse joins a roster of more than 200 companies located at the former industrial shipyard.

The 4,246-square-foot penthouse at The Atlantic Club offers unobstructed 360-degree views of the Atlantic Ocean. PROVIDED BY: THE ATLANTIC CLUB

Long Branch penthouse sells for nearly $6M, breaks condo record (photos)

The Atlantic Club from Stillman Development International LLC is set to delivery a range of one-to-five-bedroom condominiums to the Jersey Shore in spring 2026.

From left, during an on-site visit to the new space at 494 Broad St. in Newark: Andrew Christ of NJIT, Frank Pagano of Avison Young, Kerri Levine of Fidelco, Tiek Lim of NJIT and Drew Persson of Avison Young.- PROVIDED BY AVISON YOUNG

NJIT’s 74K-square-foot office lease is Newark’s largest in 2024

Arranged by Avison Young, the move to The Fidelco Group building underscores a resurgence in the area as well as employers' commitment to offering optimized spaces for team members.

Clockwise from top left: Moderated by NJBIZ Editor Jeffrey Kanige, the April 30 Construction & Development Panel Discussion featured Donald Hoffman, partner, EisnerAmper; James Thaon, principal and branch manager, Bohler; Chris Erb, executive vice president, head of development, Russo Development; Lisa Lombardo, director, Business & Commercial Litigation Group, Gibbons PC; and Michael Leondi, vice president, Construction & Design, Rockefeller Group.

NJBIZ Construction & Development panelists offer advice for uncertain times

There's opportunity to be found, even amid challenging headwinds and within a costlier environment. During an April 30 virtual event, experts provided insights into the commercial real estate industry and its challenges. 

KRE Group started demolition at the decommissioned U.S. Naval Air Propulsion Center in Ewing Township in April 2024. - PROVIDED BY KRE GROUP

Ewing’s former naval facility comes down as redevelopment gets underway

The project from KRE Group will add four new buildings: a single-story warehouse and three, 20,000-square-foot standalone, flex structures.

A rendering for Bridge Point South Plainfield II, a 167,281-square-foot Class A warehouse and distribution center, that will rise where an office building formerly stood. - PROVIDED BY JLL

JLL secures $28.5M construction financing for Bridge’s spec distro center

The loan will help eliminate an office building to make room for a new warehouse and distribution site.

Adorn Me has been displayed at the Liberty Terrace Condos in Paulus Hook since 2019. In 2024, it became the Exchange Place Alliance's first sculpture purchase. - PROVIDED BY EXCHANGE PLACE ALLIANCE

Exchange Place Alliance acquires 1st sculpture, giving ‘Adorn Me’ permanent home

"Adorn Me" arrived at the Liberty Terrace Condos in Paulus Hook in 2019. It’s part of the Alliance’s larger public art program and walking tour that traverses the waterfront.

Located at 100 Frontage Road, United Airlines' new, state-of-the-at cargo facility totals 165,000 square feet. - PROVIDED BY UNITED AIRLINES

Newark distribution center secures $81M in financing, JLL says

United Airlines occupies the entirety of this new and exceptionally located Seagis Property Group building.

The NJPAC District is a nearly 580,000-square-foot mixed use development in Newark.

NJPAC starts construction on $336M Newark redevelopment

The work on Chambers Plaza marks the first efforts toward the venue's overhaul to establish a vibrant 12-acre campus connected to the rest of the city as well as the riverfront.

Contractor

NJEDA to hold info session for $20M emerging developers pilot

Through the program, approved small-scale developers will receive grants of up to $200,000 to assist with up to 50% of their pre-development soft costs.