As part of our ongoing effort to focus on issues, incentives, acquisitions, joint ventures and the general comings and goings on in the data center arena, we thought it might be helpful to our readers to summarize some of the incredible deals that are occurring in the general data center marketplace. While far from novel
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Data Centers – NJ Bill A-7961R Directed at Large Electricity Consumers
The New Jersey Assembly has joined a growing list of legislative bodies nationally that are taking a look at and working on legislation to attempt to make larger users, including data centers, responsible for some of the cost of continued increasing rates that are currently being borne by residential customers. In other words, various legislative…
Data Centers – Virginia Bill SB 253 Directed at Large Electricity Users
Earlier this week, the Virginia Senate proposed SB 253 – “The Fair and Affordable Electric Rates Reliability Act”. This Bill joins other states that are looking for solutions to ever increasing electric bills and who are targeting data centers as the perceived party that is causing the rate increases. It is a bit too early…
Data Bytes – Deals and Happenings in the Data Center Marketplace
As part of our ongoing effort to focus on issues, incentives, acquisitions, joint ventures and the general comings and goings on in the data center arena, we thought it might be helpful to our readers to summarize some of the incredible deals that are occurring in the general data center marketplace. While far from novel…
Adaptive Reuse – a passing Fad or a Newly Emerging Asset Class to be Reckoned with?
Earlier this morning (June 3, 2025), I had the pleasure to moderate a panel at a Philadelphia Adaptive Reuse convening hosted by Bisnow. My panel consisted of local/regional experts and was comprised of German Yakubow, President of Haverford Square Properties, Phil Balderson, CEO of Odin Properties Jason Scholl, President of LK Miller and Christopher Horch,…
New Jersey – What the Future Holds for Commercial Real Estate in Southern New Jersey
Last week I had the honor of moderating a super panel at the MidAtlantic Real Estate Journal and the Businesses Committed to Southern New Jersey Annual SNJ Commercial Real Estate Forecast in Mt. Laurel. The panel consisted of Joseph J. Aristone, EVP and Chief Revenue Officer of PREIT, David J. Fleming, Director of Engineering at…
P-3: Infrastructure Bill Passes House – $1.2 Trillion in Hard Infrastructure
As of November 6, 2021, the House of Representatives passed what has been referred to as the $1.2 Trillion Dollar “hard” infrastructure bill by a vote of 228-206. President Biden has advised that he very much looks forward to signing the bill. The Congressional Budget Office continues its work to score the separate social policy…
NJ EDA now accepting Commercial Economic Redevelopment and Growth Grant applications – 30% of eligible project costs
As of August 16, 2021, the New Jersey Economic Development Authority (NJEDA) has commenced accepting applications for commercial projects under the Economic Redevelopment and Growth (ERG) Program. The Commercial ERG Program is an incentive that is designed to assist developers and businesses address project financing gaps in development or redevelopment projects, including below market development…
COVID-19: NJ ends Public Health Emergency Declaration
On Friday, June 4, Governor Murphy signed legislation that effectively ends the New Jersey COVID-19 Public Health Emergency Order that has been in place since March 9, 2020.While some have commented that the bills were rushed through the State legislature, the Bill, A-5820/S-3866, was passed and signed by the governor yesterday. As passed, the Bill…
COVID-19: As of 4-2-21, NJ Expands Outdoor Gathering Numbers and Indoor Seating Capacity for Large Venues
Earlier today on 3-30-21, NJ Governor Phil Murphy signed Executive Order No. 234, which will increase outdoor gathering limits and increase capacity for seated events at large venues. The Order also clarifies indoor capacity limits for banquet halls and similar venues.Executive Order No. 234 enables the following changes on Friday, April 2, at 6:00 a.m.:Outdoor…