Investors are clamoring for industrial property in and around New Jersey, as evidenced by a slew of recent deals completed by a Cushman & Wakefield team focused on the asset class.
Alexander Properties has sold a nearly 124,000-square-foot industrial portfolio in northern New Jersey to Faropoint, the fast-growing real estate investment manager based in Hoboken.
A building materials company has extended its 50,000-square-foot lease in Elizabeth, in the largest of five newly completed transactions by Elberon Development Group.
