NAI James E. Hanson has arranged the sale of a Newark industrial building to a moving and storage business that is relocating to the city from the Bronx.
The Blau & Berg Co. has promoted one of its longtime members to principal and senior director.
A manufacturer that is moving operations from Brooklyn has purchased a 55,560-square-foot industrial building in Carteret, in a $5.1 million sale brokered by Bussel Realty Corp.
A developer has taken the wraps off a new condominium tower in Cliffside Park, a sleek 14-story building that will ultimately deliver 200 luxury homes to the Gold Coast.
The swell of cargo volume at the Port of New York and New Jersey has fueled the Garden State’s lowest industrial vacancy in more than 15 years, according to Transwestern, as rents continue to rise and leasing activity continues at a torrid pace.
G.S. Wilcox & Co. has arranged $16.5 million in financing for a new 44,000-square-foot office building in Morristown developed by The Hampshire Cos., the mortgage banker said Monday.
JLL has continued the expansion of its retail brokerage team in New Jersey with the hiring of Eduardo Pena, an industry expert with more than 20 years of experience.
Restaurants have proven to be desirable anchors for redevelopment projects and magnets for other businesses. However, with few liquor licenses available, smaller local establishments are having their chances of success diminished or are being shut out, thereby stifling competition, development and consumer choice.
As residential high-rise construction continues to surge, developers and investors are keeping a watchful eye on rent growth and capital markets activity along the Gold Coast.