An investment group has acquired a nearly 72,000-square-foot industrial building in Carlstadt, under a $7.77 million sale arranged by HFF.
A food company has taken more than 100,000 square feet in Fair Lawn for a new packaging and distribution facility, brokers with Avison Young said Monday.
A freestanding, 40,600-square-foot recreational center in Wayne has a new occupant, following a transaction announced by Zimmel Associates
An importer and distributor of cabinetry has leased 111,000 square feet at a new industrial building in Ridgefield, in one of several newly announced transactions by Lee & Associates.
Colliers International is touting the recent addition of two young brokers in New Jersey.
An investment group has acquired a 158,000-square-foot warehouse and self-storage building in Newark, where it’s planning a series of upgrades and a new marketing campaign.
A regional real estate firm has acquired a 28,000-square-foot warehouse in Lyndhurst, under a newly announced, $4 million deal by Team Resources Inc.
Commercial real estate developers and their professionals are a tough breed of entrepreneurs who thrive on thinking outside the box. My recent observation of presentations to the judges for NAIOP’s Deal of the Year awards (to be announced at the May 16 Gala), confirmed the latent creativity and tireless work ethic in this business — a business that is, in reality, all about hospitality and human resources as developers and brokers focus on creating amenity-rich spaces to compete for tenants and the modern workforce.
Colony Capital Inc. has closed on its acquisition of a newly built, 271,176-square-foot distribution center in Mahwah, completing an 11-building portfolio sale that began last spring.