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Real Estate News

California REIT signs more than 120K sq. ft. in new, renewal leases in Morris County

KBS Real Estate Investment Trust II, a nontraded REIT based in Newport Beach, California, announced Thursday the signing of 124,715 square feet in leases at Park Avenue at Morris County. Read More »»

NRG sets lofty sustainability goals at groundbreaking of new green HQ

The fruits of Economic Development Authority's tax incentives for NRG Energy came to bear as the energy giant held a groundbreaking for its new 130,000-square-foot headquarters at Carnegie Center in Princeton on Thursday. It was an event the company also used to unveil its lofty sustainability plans. Read More »»

Real estate company to develop coworking spaces in North Jersey

Montclair-based real estate developer The Pinnacle Companies is teaming up with Serendipity Labs Inc. to create coworking spaces in northern New Jersey, the companies announced Thursday. Read More »»

Off-price retailer signs lease at Eatontown center

Nordstrom Rack has signed a lease for a new store at an Eatontown shopping plaza, according to Ripco Real Estate. Read More »»

Princeton REIT's CEO announces retirement

Chambers Street Properties, a real estate investment trust headquartered in Princeton, announced that founder, CEO and President Jack Cuneo is retiring. Read More »»

Cherry Hill food company buys Pennsauken building

A food manufacturer with its U.S. headquarters in Cherry Hill has purchased an industrial building in Pennsauken, expanding its distribution system, according to NAI Mertz. Read More »»

NAI Hanson to sell Parsippany office building

NAI James E. Hanson, a Hackensack-based commercial real estate firm, said recently that it has been chosen as the exclusive selling agent for a Parsippany office property. Read More »»

Logistics company expands N.J. industrial presence

Logistics company Seldat Inc. has leased 225,000 square feet of industrial space in South Brunswick, according to real estate services firm Bussel Realty Corp., expanding its presence in the state. Read More »»

Facilities consulting firm opens new HQ in Summit

Trascent Management Consulting LLC, a global real estate and facilities management consulting firm, announced Tuesday that it has opened a new global headquarters in Summit. Read More »»

Farmers Insurance branch relocates from Glen Rock to Oakland

M. Gale Insurance Agency, a branch of Farmers Insurance, announced Tuesday that it has relocated from Glen Rock to the Copper Tree Mall in Oakland. Read More »»

Pharma manufacturer renews lease at Sanzari office complex

Pharmaceutical manufacturer Kyorin U.S.A. Inc., a subsidiary of Toyko-based Kyorin Pharmaceutical Co. Ltd., has renewed its 2,370-square-foot lease at the Glenpointe Center West in Teaneck. Read More »»

Retail site ready for occupancy in Iselin

Iselin's “India Square” section has a new retail building, as the 13,100-square-foot Sitar Emporio is ready for occupancy. Read More »»

Development team has big plans for another Plainsboro site

A little more than a year after opening Novo Nordisk’s sleek new headquarters in Plainsboro, the same development team is now pitching a nearby site as the home of its next state-of-the-art office campus. Read More »»

Rutgers center recognizes N.J. business leaders with inaugural Entrepreneurship Awards

The Rutgers Business School's Center for Urban Entrepreneurship and Economic Development announced Tuesday its inaugural Entrepreneurship Awards. Read More »»

The Goldstein Group arranges sale of former Chevy dealership

The Goldstein Group arranged the sale of a 20,000-square-foot building in Westwood, President Chuck Lanyard announced Monday. Read More »»

Morris County towns dominate list of highest-priced home listings in 2014

The question was simple: Based on real estate listings, which towns in New Jersey had the highest average listings for a four-bedroom, two-bath home? Three of the top four were in Morris County. And six of the top 10 were north of Interstate 78. Read More »»

premium content Filling its Space: Hartz is creatively readapting outdated office properties

The four-story office building sat in the Harmon Meadow complex in Secaucus, surrounded by shops, restaurants and even other office properties. But three years ago, Hartz Mountain Industries could see that this one had run its course. Read More »»

Joint venture to build 1,000 apartments in Harrison

Advance Realty and DeBartolo Development LLC announced a joint venture that will develop six buildings on three blocks of Harrison's Riverbend District. Read More »»

Central Jersey's retail vacancy rate hits a 6-year low, study finds

Retail vacancy along four of central New Jersey's major shopping corridors fell in the third quarter to a six-year low of 7.6 percent, according to a continued study by the brokerage firm R.J. Brunelli. Read More »»

Amboy Bank provides $23.5M construction loan for Somerville apartments

Old Bridge-based Amboy Bank announced Thursday it has provided a $23.6 million loan to Weiss Properties for The Cobalt Apartments in downtown Somerville. Read More »»

Poll Question of the Week:

What are you most thankful for about doing business in New Jersey?

Breaking Glass

Campbell Soup's Denise Morrison offers tips on how women can rise to the C-suite

Denise Morrison — president and CEO of Campbell Soup Company...

Industry Insights

Comcast honors veterans by partnering with U.S. Chamber's Hiring Our Heroes campaign

In March 2012, I was delighted when Comcast Corporation Chairman and CEO, Brian...

Millennial Minded

Budweiser is proof you can try too hard to appeal

“I used to be cool,” says the aging Budweiser brand at nearly 139...

SFW: Suitable for Work

12 N.J. companies earn LGBT 'Best Places to Work' distinction

A study published Wednesday by the Human Rights Campaign scores companies...

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