The developer of the landmark HELIX project in New Brunswick will mark a key milestone on Friday when it tops out the first of three buildings at the campus, hoisting the final steel beam for the 12-story, 574,000-square-foot structure downtown.
For New Brunswick Development Corp., it’s also a chance to highlight what’s still to come at a facility that will be unlike anything else in New Jersey.
Industrial tenants are still yearning for the types of modern, high-end logistics spaces that have flooded the market in recent years. When they may actually sign a lease is not nearly as certain.
Longpoint Partners LP has secured nearly $64 million in financing for its purchase of more than 448,000 square feet of shallow-bay industrial space in Totowa.
