Life sciences firms accounted for the two largest office leases of the second quarter in northern and central New Jersey, in a market that remains stable despite a slight uptick in availability.
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.
A medical office building and surgical center in Bridgewater has changed hands for $7 million, following a transaction arranged by Weichert Commercial Brokerage.
A trade association has recognized a senior account executive at R&J Strategic Communications as one of the state’s top young professionals in his field.
A logistics firm has leased more than 100,000 square feet at a Bridgewater industrial building, in one of two newly announced deals by Zimmel Associates.
Two life sciences companies have taken a combined 215,000 square feet in Morris and Somerset counties, accounting for New Jersey’s largest new office leases during a positive first quarter.
Mack-Cali Realty Corp. has sold a nearly 193,000-square-foot office building in Bridgewater to Edgewood Properties, in a newly announced deal by Cushman & Wakefield.
In a time when investors have reaped windfalls from upgraded office buildings in New Jersey, CBRE’s capital markets team has been on the front lines — spearheading a host of high-profile deals involving newly stabilized, Class A buildings in the state.
