Landlords that have renovated and refreshed New Jersey’s aging office stock can now point to the benefits, with a new report showing significantly stronger absorption and rent growth at upgraded buildings.
LMC: Massage, spa chain takes 3,000 sq. ft. in Bridgewater
A national massage chain is among the newest tenants at a Bridgewater shopping center, leasing nearly 3,000 square feet at the 219,000-square-foot property.
Two directors join Advance amid five new hires
Advance Realty has hired two new directors, who are among five recent additions for the Bridgewater-based developer and manager.
Value Cos. picked to manage recently sold, 100-unit Bridgewater complex
The new owner of a 100-unit rental community in Bridgewater has tapped Value Cos. to oversee leasing and management of the property.
NKF: New Jersey office leasing hits two-year high for absorption
New Jersey’s office market is riding high from a series of blockbuster leases over the summer, recording its highest quarterly increase in net absorption in two years.
Gebroe-Hammer inks $32.6 million sale of Woodmont property in Bridgewater
Woodmont Properties has sold a 100-unit apartment complex in Bridgewater for more than $32 million, in a sale announced by Gebroe-Hammer Associates.
Global pharma firm inks 117,000 sq. ft. lease in Bridgewater
A pharmaceutical company has leased 117,000 square feet at a Bridgewater office building, whose owner is planning a major renovation to transform and modernize the property.
National senior living operator acquires 299-unit community in Bridgewater
One the nation’s largest senior living companies has acquired a community in Bridgewater, where it’s now planning a rebrand and millions of dollars in new investment.
Latest Toys R Us auction includes four N.J. sites
Four New Jersey stores will be among more than 80 shuttered Toys R Us and Babies R Us locations that will be auctioned in late September as part of the retailer’s ongoing bankruptcy proceedings.
NKF touts 65,000 sq. ft. in leasing at Bridgewater office building
A telecommunications equipment firm has leased 35,000 square feet at a Bridgewater office building, one of three new leases announced by brokers with Newmark Knight Frank.
