Industrial
Atlantic inks sale of 32,000 sq. ft. industrial building in Branchburg

A woodwork and furniture business has acquired a 32,120-square-foot industrial building in Branchburg, under a $3.15 million sale arranged by Atlantic Real Estate Services.

Top News
Larken recaps 700,000 sq. ft. in leasing, new acquisitions in 2018

Larken Associates is touting a 20 percent increase in leasing activity in 2018, part of a year in which it also added two New Jersey shopping centers to its regional portfolio.

Retail
Branchburg building sold for gas station expansion

A gas station operator in Branchburg has acquired an adjacent building as part of a plan to build a new 3,000-square-foot convenience store, in a deal arranged by Remco Realty Group.

Office
Larken Associates touts 2017 acquisition, construction activity

Developer and property manager Larken Associates closed some 350 transactions in 2017, accounting for nearly 500,000 square feet across its commercial portfolio.

Office
Larken Associates acquires 90,000 sq. ft. building in Branchburg

A real estate firm has added to its portfolio in its hometown of Branchburg, acquiring a 90,000-square-foot office complex along Route 22.

Industrial
Petrucci plans new spec warehouse in central N.J.

J.G. Petrucci Co. Inc. is set to develop a speculative 187,500-square-foot industrial facility in Somerset County after recently acquiring an 18-acre site, the firm said Monday.

Finance & Capital Markets
Investors: N.J. office, retail sites among $100M in recent loans

With an uptick in demand that started last fall, lenders with Investors Bank have financed more than $100 million in commercial real estate transactions in recent weeks.

Residential & Mixed Use
Is N.J. ready for an affordable housing building boom? Experts weigh in

For all of the uncertainty over how many new affordable housing units that municipalities will be forced to allow — whether it’s 100,000 or 300,000 — there will be another key question to answer when the state Supreme Court makes that determination.

Can the market in New Jersey support that many new homes?