CBRE: Vacancy in New Jersey lab, R&D space ticks down, with large users still in the market

The stock of available life sciences space in New Jersey continues to shrink, despite some headwinds, following strong activity in 2022 and what’s likely to be ongoing demand.

Interiors firm dancker acquires Maryland-based workplace technology company

dancker, the Somerville-based interior solutions firm, has expanded its platform with the acquisition of a workplace technology integrator.

Commvault to sell Fort Monmouth headquarters for $40 million, lease back ‘small footprint’

Data management giant Commvault is selling and leasing back a fraction of its 275,000-square-foot headquarters in the Tinton Falls section of Fort Monmouth, it said this week.

Accurate unveils 105-unit luxury rental property in downtown Bound Brook

Accurate has launched leasing at a new 105-unit multifamily property in Bound Brook, in the latest addition to its portfolio and to the borough’s stock of high-end apartments.

Construction underway on 153-unit rental project in Carteret, borough officials say

Developers have broken ground on a project that will bring 153 new apartments and commercial space to downtown Carteret, borough officials announced Tuesday.

History, legacy in focus as Hanson family marks 100 years in commercial real estate

A century of New Jersey commercial real estate history took center stage last month, as three generations of the Hanson family gathered to mark its 100th anniversary in the industry.

Larken set to expand flexible office program in Branchburg

Larken Associates is adding to its stock of fully furnished, flexible office space at a nearly 117,000-square-foot campus along Route 22 in Branchburg.

Developers, adapting to changing market, near completion of massive Linden industrial park

A sprawling industrial park in Linden is nearing completion after four years of construction, a span in which warehouse demand soared to historic highs before a recent pullback, as its developers mull plans to tap into the growing market for outdoor trailer storage.

JLL sources $250 million credit facility on behalf of Hampshire retail, self-storage REIT

Affiliates of The Hampshire Cos. have secured a $250 million credit facility for a real estate investment trust focused on retail and self-storage properties, brokers with JLL announced.

H2M acquires Butler-based Crew Engineers to strengthen water, environmental practice

H2M architects + engineers has completed its acquisition of Crew Engineers Inc., a Butler-based firm focused on water, wastewater, environmental and civil engineering design work.