Education
Devco celebrates Title IX anniversary, women’s sports at Rutgers in latest NIL deal
New Brunswick Development Corp. has unveiled its latest partnership with collegiate athletes at Rutgers University, as it marks the 50th anniversary of the historic Title IX gender equality law and the arrival of women’s sports at the school’s flagship campus.
NAI Hanson: U.K.-based dental lab inks lease in Lodi for first U.S. location
A dental laboratory has secured its first U.S. location with a newly signed lease at a Bergen County industrial building, according to brokers with NAI James E. Hanson.
Buyer wanted for 49,000 sq. ft. office, medical building in Monmouth County
The owner of a nearly 50,000-square-foot office and medical building in Monmouth County is seeking a buyer for the property.
Bolstering the ranks
As you’ll read in this month’s cover story, Prologis’ growing team is supporting a portfolio that now spans 44 million square feet across 200 properties in New Jersey and New York. Growing that footprint will come in a number of ways, Harty said, including the types of creative, value-add projects that involve redeveloping former office campuses. That, in turn, requires additional development and construction personnel like the kind that Prologis has added in recent months. And it comes as the company also hires for what’s known as its Essentials platform, which provides services to tenants such as helping them source materials for their building fit-outs, in a bid to engage them “beyond the four walls and the real estate.”
Fully occupied, 19,000 sq. ft. Parsippany office building trades for $4.4 million
Colliers has facilitated the sale of a 19,298-square-foot boutique office building in Parsippany for $4.4 million to a private New Jersey-based investor.
