BETHLEHEM, PA-A large industrial facility is being built speculatively here at the former Bethlehem Steel site where tax breaks are now available to developers.
NEWARK, NJ-Taking strategic advantage of increased demand in the port areas for industrial space, Hartz Mountain Industries extensively renovated a warehouse to suit ContainerPort Group.
MOUNT LAUREL, NJ-Wolf Commercial Real Estate has been given the exclusive leasing assignment for Somerset Properties' office portfolio in southern New Jersey, which has a number of smaller spaces available.
OCEANPORT, NJ-The state's largest healthcare network has committed to keeping its administrative offices here, with a lease renewal at 2 Crescent Place.
HACKENSACK, NJ-In the increasingly competitive property management field, NAI James E. Hanson and Jones Lang LaSalle each announced successes with new industrial property assignments.
JERSEY CITY, NJ-Marcus & Millichap reports that supply will modestly outstrip demand as 1,800 apartments, most of them in Jersey City, come online in 2013. It predicts vacancy will rise to 3.8% statewide
GLOUCESTER, NJ-Premium Outlet developers PREIT-Rubin and Simon Partners will soon begin building the Gloucester Premium Outlets in a redevelopment area that was formerly farmland.
TOMS RIVER, NJ-Gov. Chris Christie says he is backing off from the dispute over the American Dream project, since the NY Giants and Jets took it to court. However, he is pressing hard to get the business tax-incentives overhaul done this summer, telling legislators to "get their rear ends back in Trenton and vote on this bill.