A broker with The Garibaldi Group has completed new office leases in Jersey City, Florham Park and Summit, highlighting the appeal of three distinct submarkets in New Jersey.
Peak Construction Corp., a design-build firm with a growing footprint in New Jersey, is celebrating a banner year as it also marks the 25th anniversary of its founding.
The developer of more than 500,000 square feet of new industrial space in Florence has secured a nearly $40 million construction loan, brokers with Cushman & Wakefield announced.
Construction is set to begin on more than 500,000 square feet of new industrial space in Burlington County, the latest piece of a developer’s fast-growing portfolio in the state.
A wholesale distributor is taking more than 100,000 square feet at a soon-to-be-completed industrial building in Burlington, according to a leasing team with NAI Mertz.
An auto parts seller has leased more than 300,000 square feet at a soon-to-be-completed industrial project in Burlington County, under a newly announced deal by NAI Mertz.
A contractor is touting the start of a project that will bring more than 570,000 square feet of new industrial space to the Exit 8 submarket along the New Jersey Turnpike.
The pandemic has not stifled rent growth in New Jersey’s industrial market, as Amazon and other e-commerce users continue to drive leasing and construction activity statewide.
An investment firm has added to its growing footprint in New Jersey with the purchase of a fully leased, 172,417-square-foot industrial building in Robbinsville.
Industrial space remains a coveted asset class for investors, despite questions about short-term rent growth and other uncertainties in the wake of the coronavirus crisis.
