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Investor adds 18,000 sq. ft. Elizabeth industrial building for $3.2 million, BRC says

Investor adds 18,000 sq. ft. Elizabeth industrial building for $3.2 million, BRC says

by Joshua Burd | Jul 17, 2024

936-940 South Elmora Ave. in Elizabeth — Courtesy: Bussel Realty Corp. By Joshua Burd An investor has paid $3.2 million for more than 18,000 square feet of industrial space in Elizabeth, in a transaction arranged by Bussel Realty Corp. In a news release, the brokerage...
Two-building, 408-unit rental portfolio in Jersey City trades for $222 million, CBRE says

Two-building, 408-unit rental portfolio in Jersey City trades for $222 million, CBRE says

by Joshua Burd | Jul 16, 2024

From left: Lenox and Quinn at 207 and 197 Van Vorst St. in Jersey City — Courtesy: CBRE By Joshua Burd A group advised by J.P. Morgan Asset Management has sold 408 apartments across two properties in Jersey City for nearly $222 million, brokers with CBRE announced...
JLL: Brother International signs 83,000 sq. ft. lease extension in Bridgewater, works with landlord on new shared amenity spaces

JLL: Brother International signs 83,000 sq. ft. lease extension in Bridgewater, works with landlord on new shared amenity spaces

by Joshua Burd | Jul 16, 2024

200 Crossing Blvd. in Bridgewater — Courtesy: JLL By Joshua Burd Brother International Corp. has signed a nearly 83,000-square-foot lease extension for its headquarters in Bridgewater, brokers with JLL said, in a deal that comes as part of a plan to right-size its...
Grid: Three tenants combine for 26,000 sq. ft. at loft-style flex building in Jersey City

Grid: Three tenants combine for 26,000 sq. ft. at loft-style flex building in Jersey City

by Joshua Burd | Jul 16, 2024

The Seydel at 78-100 Forrest St. Jersey City — Courtesy: Grid Real Estate By Joshua Burd A loft-style commercial building in Jersey City has added three tenants with more than 26,000 square feet of new leasing activity, in a set of deals arranged by Grid Real Estate....
LeFrak, Fidelity Investments ink 185,000 sq. ft. lease renewal at Jersey City office tower

LeFrak, Fidelity Investments ink 185,000 sq. ft. lease renewal at Jersey City office tower

by Joshua Burd | Jul 15, 2024

499 Washington Blvd. in Jersey City — File photo/Courtesy: LeFrak By Joshua Burd LeFrak has signed a nearly 185,000-square-foot lease renewal with Fidelity Investments, a longtime tenant at one of the developer’s Jersey City office towers. The financial services firm,...
Office furniture installer inks 214,000 sq. ft. industrial lease in Elizabeth

Office furniture installer inks 214,000 sq. ft. industrial lease in Elizabeth

by Joshua Burd | Jul 15, 2024

720 South Front St. in Elizabeth — Courtesy: The Blau & Berg Co. By Joshua Burd A commercial furniture installer has taken nearly 214,000 square feet at an Elizabeth industrial building, brokers with The Blau & Berg Co. announced last week. The leasing team...
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