New Jersey remains one of the most attractive markets for cold storage users, but meeting that demand can be challenging for developers. By Steve Lubetkin While New Jersey was sweltering its way through a record-setting heatwave in mid-July, demand for…
Colliers inks $3.7 million sale of Pennsauken warehouse
A hair care and tool manufacturer has acquired a 58,000-square-foot warehouse in Pennsauken, under a newly announced transaction by Colliers International.
Reeling from new rent control laws, N.Y.C. investors set their sights on New Jersey
A landmark package of new rent control laws passed by the New York State government in mid-June appears to have kick-started a new kind of boom for the New Jersey real estate market. The laws, which dramatically strengthened tenant protections in New York City, took key steps such as repealing what was known as the vacancy bonus provision, which had allowed a property owner to raise rents as much as 20 percent each time a unit became vacant.
GZA project manager tapped for DEP advisory post
A senior project manager at GZA GeoEnvironmental Inc. has been named to a key advisory board for the state Department of Environmental Protection.
New 416,000 sq. ft. industrial project in Kearny slated for early 2020 delivery
CBRE is detailing plans for a new 415,533-square-foot industrial building under construction in Kearny, where it is serving as the leasing agent on behalf of Seagis Property Group LP.
Hampshire announces new head of development
The Hampshire Cos. has named a new head of development, tapping one of its longtime professionals to spearhead its growing pipeline in New Jersey and nationally.
Denholtz, natural gas supplier ink 11,000 sq. ft. lease at Orlando property
Denholtz Properties has completed a nearly 11,000-square-foot lease in Orlando with one of Florida’s largest suppliers of natural gas, the Red Bank-based firm said Tuesday.
Riding the wave: Booming multifamily sector has fueled the latest growth spurt for Planned Cos.
With roots that date back more than 100 years, a Parsippany-based firm that provides janitorial, security, concierge and other services has seen its business spike in recent years amid the wave of new construction and new ownership within the multifamily space.
C&W: Fitness, tutoring chains ink new locations in Short Hills
A boutique fitness chain and a tutoring business have leased a combined 4,800 square feet in Short Hills, under a set of newly completed transactions by Cushman & Wakefield.
Fast-growing firm combines mobile app, technology to find energy savings for landlords
In less than five years, a Livingston-based firm that helps landlords manage their energy costs is now serving more than 80 million square feet of residential and commercial space from New Jersey to California, with a client list that is a who’s who of major owners and operators.
