E-commerce users led the charge in fourth-quarter industrial leasing in New Jersey, setting up what could be another record-setting year for owners and developers of logistics space.
A joint venture has sold a well-known office complex in Hackensack for $123 million, in the largest of four year-end investment sales in New Jersey by CBRE’s institutional properties team.
Normandy Real Estate Partners has closed on two transactions under the federal Opportunity Zone program, as it touts a milestone in its effort to raise $250 million for such investments.
Gebroe-Hammer Associates completed nearly $2 billion in multifamily sales in 2019, citing unrelenting demand from investors and continued momentum at the start of 2020.
Bed Bath & Beyond Inc. has completed a $250 million sale-leaseback agreement spanning more than 2 million square feet of commercial space, in a step aimed at stabilizing the finances of the Union-based retailer.
Murphy Partners LLP, a Newark-based law firm specializing in commercial real estate, has added two veteran attorneys to form a new practice known as Murphy Schiller & Wilkes LLP.
A planned retail center in Wayne has joined the growing list of redevelopment projects in the municipality, thanks in large part to a locally based construction firm led by township residents.
Office tenants continued their flight to new and improved spaces as 2019 came to a close, furthering the case for landlords to upgrade or redevelop New Jersey’s aging stock of buildings.
As we wind down the year, we’re excited to bring you a recap of our top stories of 2019, including our most-read items and a few editor’s picks. You can catch up on our daily “best of” emails below. We will also keep you updated in the event of any breaking news.
Dollar Tree has leased nearly 10,500 square feet in Ocean County at what will be one of its newest locations in New Jersey, brokers with R.J. Brunelli & Co. LLC announced.
