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Real Estate

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.

Commercial real estate

CLOSING ENTRY: Historical markers

Looking back at the past 33 years, it’s possible to identify the top five inflection points in New Jersey’s real estate and architectural history.

Bridge Logistics Properties acquired the 202,000-square-foot property at 5 Plant Road in Hasbrouck Heights in an off-market transaction announced in May 2023. - NAI JAMES E. HANSON

NJ industrial market still one of the nation’s tightest in Q1

Reflecting on the first quarter of the year, the state posted an average vacancy rate just under the U.S. average. However, the state is not insulated entirely from national trends.

152 Ridge Road in South Brunswick is a 216,000-square-foot industrial warehouse. - PROVIDED BY JLL

Q1 2024 North/Central New Jersey Industrial Market | Top deals and sales

The top deals and leases in the North Jersey market over the first quarter.

The Jersey City Summit expects 1,250 regional investment, real estate and placemaking leaders to attend the annual leadership conference in 2024. - JESSICA PERRY/NJBIZ

Jersey City Summit for Real Estate Investment returns in May

The conference's ninth iteration is set for Harborside with new owners 601W Cos. as venue partner. The daylong affair will feature a full slate of panel discussions as well as networking opportunities.

A rendering for the reception area at 103 JFK Parkway, a 123,000-square-foot office building. - PROVIDED BY JLL

Columbia Pacific Advisors taps JLL for Short Hills office additions

The commercial real estate firm announced its appointment as exclusive leasing agent for 101 and 103 John F. Kennedy Parkway, with property upgrades designed by Mancini Duffy in the works.

Owned by Maxum Realty Trust, 240 Pegasus Ave. in Northvale serves as the headquarters for OrthoFeet Inc. - PROVIDED BY RESOURCE REALTY

Resource Realty helps OrthoFeet widen North Jersey footprint

The commercial real estate firm completed more than 135,874 square feet in leasing activity for the manufacturer across multiple properties and two municipalities.

Located at 88-160 Route 27, the 13,468-square foot Lincoln Plaza in Rahway is part of a busy retail corridor near Routes 1, 9 and 35.

Wingstop, Monmouth Spine & Wellness coming to Rahway

Bussel Realty Corp. announced the transactions for this 13,468-square-foot property located on Route 27.

The terrace at 500 Plaza Drive in Secaucus. - PROVIDED BY JLL

In pursuit of US growth, French pharma Pierre Fabre signs Secaucus lease

Manulife US REIT's renovated office building at Harmon Meadows attracted another headquarters space to its roster, according to JLL.

Alfred Sanzari Enterprises' Glenpointe in Teaneck offers 670,000 square feet of adaptable Class A office space - and loads more. - PROVIDED BY ALFRED SANZARI ENTERPRISES

Recent leasing activity at Glenpointe tops 20K square feet

The new additions speak to the flexibility the 50-acre work-play-stay corporate campus provides to its wide range of tenants, which now also includes Columbia University Irving Medical Center and Vatech America.