The owners of a 114,200-square-foot flex industrial building in Bergen County have leased up the property and refinanced for $21.1 million, following a series of transactions arranged by Avison Young.
DEP plans new and improved online permitting system, commissioner tells NAIOP
The Department of Environmental Protection is taking a page out of the TurboTax playbook — at least when it comes to permitting for land use and other areas — with plans to roll out a new electronic submission system for more than 100 permit activities in its ongoing effort to streamline New Jersey’s regulatory structure.
Transit hub markets speed away from competition
Office buildings within the state’s transit hub market record lower vacancy rates and higher rents compared to suburban spaces, according to JLL’s annual research report. Companies continue to pursue office space in proximity to walkable amenity-rich areas and with access to mass-transit options for their workforces and clients.
