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Lawmakers pass $14 billion incentives bill, with Murphy expected to sign

Lawmakers pass $14 billion incentives bill, with Murphy expected to sign

by Joshua Burd | Dec 22, 2020

Gov. Phil Murphy speaks during a recent briefing. — Courtesy: Governor’s Office By Joshua Burd A bill to create a sweeping new program of business and development incentives in New Jersey is awaiting Gov. Phil Murphy’s signature after being passed by state lawmakers...
JLL: Logistics, fragrance tenants combine for 81,000 sq. ft. in Fairfield

JLL: Logistics, fragrance tenants combine for 81,000 sq. ft. in Fairfield

by Joshua Burd | Dec 22, 2020

By Joshua Burd Two industrial tenants have leased a combined 81,400 square feet at separate buildings in Fairfield, in a set of newly announced transactions by JLL. In the larger deal, the brokerage team represented ownership in a long-term, 48,100-square-foot...
HMFA names new executive director to succeed retiring Richman

HMFA names new executive director to succeed retiring Richman

by Joshua Burd | Dec 22, 2020

The statehouse in Trenton By Joshua Burd The state has named the new leader of the New Jersey Housing and Mortgage Finance Agency, tapping a key official in the Department of Community Affairs to fill the role. Lt. Gov. Sheila Oliver, who chairs the HMFA’s board,...
CenterPoint adds 30,000 sq. ft. industrial building on four-acre site in Woodbridge

CenterPoint adds 30,000 sq. ft. industrial building on four-acre site in Woodbridge

by Joshua Burd | Dec 22, 2020

190 Homestead Ave. in Avenel — Courtesy: CenterPoint Properties By Joshua Burd CenterPoint Properties has made another acquisition in New Jersey, adding a nearly 30,000-square-foot industrial building in Woodbridge with an abundance of excess land for parking. The Oak...
Owner of West Orange medical office building refinances, JLL says

Owner of West Orange medical office building refinances, JLL says

by Joshua Burd | Dec 22, 2020

101 Old Short Hills Road in West Orange — Courtesy: JLL By Joshua Burd Atkins Cos. has refinanced the debt on a nearly 121,000-square-foot medical office building in West Orange, brokers with JLL announced Monday. Located at 101 Old Short Hills Road, the property is...
C&W: Colors, flavors company takes 15,000 sq. ft. in Somerset

C&W: Colors, flavors company takes 15,000 sq. ft. in Somerset

by Joshua Burd | Dec 22, 2020

200 Cottontail Lane in Somerset — Courtesy: Cushman & Wakefield By Joshua Burd A manufacturer has leased nearly 15,000 square feet of laboratory and office space in the Somerset section of Franklin, in a transaction arranged by Cushman & Wakefield. Brokers...
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