Industrial
Faropoint adds 151,000 sq. ft. Branchburg industrial building for $24 million, C&W says

Investment firm Faropoint has purchased a 151,000-square-foot industrial building in Branchburg for nearly $24 million, in a deal arranged by Cushman & Wakefield.

People
Larken adds commercial property manager for central New Jersey

Larken Associates has named a new property manager for its commercial real estate portfolio in central New Jersey.

Finance & Capital Markets
Progress Capital sources $23 million loan for 1,000-unit self-storage project

A developer has landed a $23 million construction loan for a planned 1,000-unit self-storage facility in Branchburg, in a deal arranged by Progress Capital.

People
Larken Associates taps Iacobucci as chief investment officer

Larken Associates has picked a veteran commercial real estate executive as its new chief investment officer.

Industrial
Branchburg industrial condos totaling 15,000 sq. ft. trade for $2.7 million, Deluccia says

Deluccia Commercial Group has brokered the sale of three contiguous, 5,000-square-foot industrial condominium units in Somerset County for $2.7 million.

Industrial
Somerset firm acquires 56,000 sq. ft. warehouse in Branchburg, GM Realty says

An affiliate of a Somerset-based pharmaceutical firm has acquired a 56,000-square-foot warehouse in Branchburg, according to the brokerage GM Realty Advisors Inc.

Residential & Mixed Use
Walters launches construction at second phase of 150-unit senior housing site in Branchburg

Development firm Walters has broken ground on the second phase of a new 150-unit, age- and income-restricted apartment complex in Somerset County.

Residential & Mixed Use
Larken accounting manager earns expanded role as Yardi systems admin

Larken Associates has announced a promotion on its residential accounting team as part of a plan to further implement a key technology platform.

People
Larken welcomes new human resource director

Larken Associates has named a new human resource director to help guide its Branchburg-based team of 150 employees.

Office
Larken, human services agency ink renewal at Branchburg Commons

Larken Associates has negotiated a 4,109-square-foot lease renewal with Benchmark Human Services at Branchburg Commons at 3322 Route 22 West in Branchburg.