Winter in the Northeast doesn’t just slow projects down. It complicates everything. And when temperatures dip into the single digits, the margin for error disappears entirely.
Woodmont Industrial Partners has sold more than 54,000 square feet of newly built industrial space in Woodbridge to Sagard Real Estate, in a deal arranged by Newmark.
Ridgecut Road has secured acquisition financing for a roughly two-acre industrial outdoor storage property in Kenilworth, according to a debt placement team with CBRE.
A boxing-inspired gym has found a home in Belleville with a newly completed lease for nearly 10,000 square feet, according to a brokerage team with Sheldon Gross Realty.
A mental health practice has leased 1,100 square feet at an office building in western Morris County, in a transaction arranged by NAI James E. Hanson.
Prologis Inc. has filled some 574,000 square feet of new logistics space in Gloucester County, now a key distribution center for a global supplier of cocoa, coffee, dairy, nuts and spices.
Pierson Commercial has completed the lease-up of nearly 30,000 square feet of retail space at Hahne & Co., the landmark project in downtown Newark by L+M Development Partners.
Investment adviser Summit Financial is expanding in Parsippany under a newly signed lease extension with Onyx Equities, according to a brokerage team with Cresa.
Urban Edge Properties is on track to acquire an upscale retail center in Bridgewater for more than $54 million, as it continues to reshape its extensive holdings in New Jersey.
