Commercial

A new look and big changes are coming to one of Hoboken’s major office buildings, including added ground floor restaurant spaces and a roof deck.

The century-old property, which underwent an extensive gut renovation in 2014, is officially on the market and looking for a buyer.

Following the success of the similar districts in the city, Newark recently approved another along a popular retail corridor.

Red Bank’s downtown rivals any NYC neighborhood with plenty to eat, drink, see, and do. Now, a real estate firm is developing a SoHo-inspired office space to match.

600 Pavonia Avenue is the next strategic purchase for Rhodium Capital Advisors who has already signed new commercial tenants for immediate move-in.

Downtown Newark’s 2 Gateway Center is getting a major new tenant, and 1,000 jobs: financial communications firm Broadridge Financial Solutions has inked a lease on 160,000 sq. ft. in this Class A building.

Urban Edge Properties announced yesterday that it has entered into a $43.7 million contract to purchase Hudson Mall in Jersey City. The property, located on Route 440, spans 383,000 square feet and contains anchor tenants Marshalls, Toys "R" Us, Staples, and Old Navy.

A private investor just plunked down $3.2 million for a 29,577 square foot mixed-use building in Bayonne known as Broadway Plaza. The 5-story building at the corner of Broadway and 22nd Street is comprised of office suites above ground floor retail.

In Hoboken’s north-west corner, a transformation is taking shape. The long industrial area is being reimagined as Hoboken’s go to destination. Collaborations between the City and developers are propelling projects in the area forward.

We’ve all seen the house flipping shows but how about office tower flipping? That’s precisely what happened with this Downtown Jersey City office building that was purchased in 2013 when it was badly damaged by Superstorm Sandy. After extensive renovations, the building has now been resold for a hefty profit.