Life sciences breeding positive momentum in the New Jersey CRE market

The nation’s life sciences sector continues to expand, boosted by technological advancements, growing employment and a strong economy. While Boston and San Francisco remain the country’s main life sciences hub, their tightening inventory and constrained labor force has driven momentum south to the Garden State.

Buyer of 205,000 sq. ft. office building in Bridgewater inks $29 million acquisition loan

The buyer of a 205,000-square-foot office building in Bridgewater has landed nearly $29 million in financing, under a transaction arranged by Phillips Realty Capital.

CBRE touts health care company’s 115,000 sq. ft. sublease in Bridgewater

CBRE is detailing a health care services company’s new 115,000-square-foot sublease in Bridgewater, as the tenant consolidates its footprint following a recent merger.

CBRE inks 279,000 sq. ft. cold storage lease in Carteret

A cold storage provider has leased nearly 280,000 square feet in Carteret, under one of several newly announced transactions by brokers with CBRE.

NKF: Northern, central New Jersey office market ‘stable’ at midyear

Life sciences firms accounted for the two largest office leases of the second quarter in northern and central New Jersey, in a market that remains stable despite a slight uptick in availability.