NKF: Office upgrades yielding quantifiable benefits in occupancy, rent growth in New Jersey

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.