A private investor has paid more than $4 million to acquire a 14,700-square-foot retail center in Bridgewater, in a deal brokered by Marcus & Millichap.
Investors have acquired a 95,620-square-foot office building in Somerset County that is fully leased to a national bank and a regional health care provider, according to HFF.
The commercial space at a sprawling redevelopment site in Bridgewater is now 80 percent leased, following two new deals and growth by existing tenants in the life sciences sector.
Several of New Jersey’s largest, most prominent life sciences complexes are now on the path toward redevelopment, with new anchor tenants in place or new owners that can reclaim the value of what was left behind.
In the most high-profile cases, a team at JLL has been right in the thick of it.
Mack-Cali Realty Corp. has acquired three office buildings in Red Bank for $26 million while selling a property in Bridgewater, in separate transactions arranged by Cushman & Wakefield.
Qualcomm has grown its footprint at a Bridgewater office building, developer SJP Properties said Wednesday, bringing the 180,000-square-foot property to full occupancy.
Denholtz Associates has inked a lease renewal with a marble supplier for more than 50,000 square feet at a flex-industrial park in Bridgewater and Bound Brook, the firm announced.
A biotechnology firm has expanded its footprint at the New Jersey Center of Excellence, Advance Realty’s sprawling commercial and soon-to-be mixed-use campus in Bridgewater.
A technology firm has renewed the lease at its headquarters office in Bridgewater, one of more than 20 deals brokered in the third quarter by Avison Young’s New Jersey office.
