New 191,000 sq. ft. industrial building coming to Route 1 in North Brunswick, C&W says

The developer of what will be nearly 200,000 square feet of new industrial space in North Brunswick has tapped Cushman & Wakefield to lease the property.

JLL boosts tristate appraisal group with acquisition of Metropolitan Valuation Services

JLL has acquired Metropolitan Valuation Services, one of the region’s largest independent commercial property appraisal and real estate consulting firms, with an eye toward bolstering its in-house team amid a looming shift in real estate values.

PREIT inks sale of Moorestown Mall parcel slated for 375 apartments

Moorestown Mall owner PREIT has completed its sale of two key parcels at the site, including one that’s slated for 375 apartments as part of an ongoing redevelopment plan.

Faropoint sells multistate, 6.8 million sq. ft. industrial portfolio for $481 million

Investment firm Faropoint has sold a multistate, 6.8 million-square-foot portfolio of warehouse and light industrial properties for $481 million.

Zoning board OKs 14-unit condo project in historic Newark district

Newark’s zoning board has approved plans for a new 14-unit condominium building some two blocks south of Interstate 280 and NJ Transit’s Broad Street station.

RMS touts lease-up of new Union Twp. apartments, eyes next New Jersey project

Development firm RMS Cos. has leased up a new 153-unit luxury apartment property in Union Township, as it looks to build on the success of its first project in New Jersey.

Cafiero-led team looks to continue pace as Marcus & Millichap’s top N.J. brokerage unit

Marcus & Millichap’s top investment sales team in New Jersey is seeking continued momentum, following a banner year in 2021 and a strong first half of 2022, with a focus on triple-net-lease and multitenant retail deals and the industrial and office sectors.

Owner of 700,000 sq. ft. shopping center, net-leased portfolio taps LMC for new assignment

Levin Management Corp. has secured a new assignment to oversee a sprawling portfolio of shopping centers and net-leased property in and around New Jersey.

Two new tenants lease space at 42,000 sq. ft. Bridgewater shopping center

Two retail tenants have combined to lease more than 2,100 square feet at a Bridgewater shopping center, under a set of deals arranged by NAI James E. Hanson.

Somerset Development unveils new ‘Inspired’ brand to reflect transformative projects

Somerset Development has rebranded as part of a move to highlight its growing list of projects that have repurposed and reinvented properties in New Jersey and other markets.