A joint venture is touting its latest acquisition of an office building in Bergen County, where it now owns more than 10 percent of the Class A space in the surrounding market.
A flurry of large leases provided a jolt to New Jersey’s office market in the second quarter, but the story was vastly different when it came to investment sales. Fortunately, there are signs of a rebound on the horizon.
A joint venture has added to its office portfolio in Bergen County, acquiring four buildings spanning nearly 850,000 square feet from Mack-Cali Realty Corp.