A famous New York City delicatessen has leased nearly 30,000 square feet of industrial space in Carlstadt, which it will use in part to support its new online delivery business.
A real estate investor and developer has completed its 25-year quest for full ownership of a 78,000-square-foot warehouse and retail property in Saddle Brook.
After riding the state’s multifamily boom to help build its commercial real estate lending platform, Investors Bank remains committed to the apartment sector. But it’s also making sure to diversify as it continues to expand its lending business.
The Hampshire Cos. has sold a six-building, 1.2 million-square-foot industrial portfolio in New Jersey for nearly $147 million, in a deal brokered by HFF that represents one of the largest in recent years for the state’s warehouse and distribution market.
Maintaining a healthy level of connectivity is critical. This is why we need to continuously invest in our infrastructure to keep things like our economy and lives moving. People, goods, cars, trucks, trains, data, energy, drinking water and sewerage need to get places in a timely way. Where and how we live, work and play are influenced by access to these places.
Newmark Associates has added to its brokerage team with the hiring of a longtime sales and marketing executive.
How do you stand out from the competition in commercial real estate? It’s one of the ultimate questions in virtually any industry, but a panel of developers weighed in recently before a group of brokers and others who do business in the Garden State. While their answers varied to some degree, the executives shared at least one common strategy: Go after the deals that your competitors would typically avoid.
A logistics firm has leased more than 260,000 square feet at a Heller Industrial Parks building in Edison, according to brokers with The Blau & Berg Co.
Commercial real estate in New Jersey remains a major draw for institutional investors, from regional banks to life insurance companies to the global private equity giant Blackstone. Executives from each of those institutions said as much on Tuesday during a conference hosted by the Rutgers Business School, offering a look at their investment strategy in both the Garden State and beyond.