Research by the firm has found that rents for warehouse and distribution space, particularly along the New Jersey Turnpike, are shattering the asking prices of landlords, as the competition among tenants becomes especially fierce.
The Sudler Co. has inked a 25,000-square-foot warehouse lease in Lakewood with a maker of wire ducts and other products.
NAI James E. Hanson has added to its property management division with an 11-building, 670,000-square-foot portfolio owned by Tulfra Real Estate.
JLL has hired Christopher Perruna as a senior vice president to oversee its project and development services team in New Jersey, the real estate services firm announced.
By Joshua Burd The New Jersey/New York Metro Area has topped a new ranking of distribution markets by JLL, with researchers from the firm citing it as an “immensely important driver of industrial space.” The ranking by the real estate…
A fully occupied, 220,000-square-foot industrial building in South Brunswick has changed hands in a sale brokered by Cushman & Wakefield, the firm announced Tuesday.
By Real Estate NJ Patricia Giaquinto has joined NAIOP New Jersey as chapter administrator and executive assistant, said Michael McGuinness, CEO of the commercial real estate development group’s New Jersey chapter. Giaquinto, a Somerset resident, will manage office operations and…