A fulfillment and logistics business has committed to a 300,000-square-foot, built-to-suit facility in North Brunswick, giving new life to an industrial site that was leveled by a massive fire nearly four years ago.
Editor’s note: Dear Amazon, we’re still here if you need us
Amazon said it won’t reopen its search for a second headquarters after pulling out of New York City, but who’s to say that Newark and other shortlisted cities will just quietly step aside?
Duke breaks ground on 662,000 sq. ft. warehouse in Newark port submarket
Duke Realty has broken ground on a speculative, 662,000-square-foot industrial building in the heart of Newark’s port district.
CBRE: Morris Plains supermarket center sells for $27 million
An investment firm has acquired a grocery-anchored shopping center in Morris Plains, in a nearly $27 million deal brokered by CBRE.
Experts: A changing, evolving EB-5 visa program could benefit New Jersey developers
Many market watchers say that New Jersey real estate has become increasingly attractive to investors from beyond the state. Some believe that trend could only grow under the next generation of the embattled EB-5 visa program.
Zimmel inks $2.1 million sale of Somerset flex building
A maker of medical diagnostic tests has acquired a 17,000-square-foot flex building in the Somerset section of Franklin, following a transaction brokered by Zimmel Associates.
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NAI Hanson: Buyer of Maplewood property plans conversion to medical space
A real estate firm has acquired an 11,500-square-foot office building in Maplewood that it now plans to repurpose as a headquarters medical facility, according to brokers involved in the deal.
Middlesex County retail property sells for $1.2 million
A freestanding retail building in North Brunswick has changed hands among private investors, in a nearly $1.2 million sale brokered by Marcus & Millichap.
Route 3 office building trades for $2.5 million, Marcus & Millichap says
A private investor has paid nearly $2.5 million for a 21,600-square foot office building along Route 3 in Clifton, according to brokers with Marcus & Millichap.