TFE Properties has acquired a 70,000-square-foot retail center in Monmouth County, seeking to modernize the property to tap into other economic development efforts in the area.
A religious organization has acquired a more than 85,000-square-foot office building in the Somerset section of Franklin, in a newly announced deal by Bussel Realty Corp.
Demand for retail space in the region is strong and steady, according to a prominent real estate services firm, thanks in large part to discount chains and experiential and fitness operators.
Newark’s retail market is thriving yet still largely untapped, according to a new report, revealing a chance for businesses to capture the full extent of residents’ $6 billion in spending power.
Principal Real Estate Investors has acquired a more than 221,000-square-foot warehouse in Teterboro for nearly $75 million, according to published reports this week.
The owner of a roughly 40,000-square-foot strip center in Edison has secured its latest tenant, in a newly announced deal by Chilmark Real Estate Services.
A new health care practice has leased nearly 1,300 square feet at a Passaic County shopping center, according to a brokerage team with Azarian Realty Co.