A joint venture has landed a $54 million construction loan to build more than 528,000 square feet of new industrial space in Burlington County, in a set of deals arranged by JLL.
TFE Properties has unveiled plans to build more than 140 luxury apartments in Burlington Township after acquiring 13 acres roughly a mile from Interstate 295.
Industrial vacancy in northern New Jersey rose again in the fourth quarter, as new construction continues to weigh on the market alongside growing sublease space and other factors.
Construction is set to begin on 500 new apartments that will mark another key piece of a plan to redevelop the long-vacant Burlington Center Mall property in Burlington Township.
Warehouse vacancy in New Jersey ticked upward to start the year, but remains tight by national standards, as the market continued its return to equilibrium after record demand.
Endurance Real Estate Group LLC has completed two leases that have helped fill nearly 300,000 square feet of newly delivered warehouse space in Burlington Township.
Private equity firm Aspen Real Estate has acquired nearly 83,000 square feet of industrial and office space at the junction of two key thoroughfares in Burlington Township.
A real estate firm has unveiled its plans for a three-building, 1.9 million-square-foot industrial park and 30 acres of retail space at the former site of the long-vacant Burlington Center Mall.
An investment group has purchased a 75,000-square-foot industrial building off Route 130, with plans to “explore expansion opportunities” at the Burlington Township property.
A developer has broken ground on a two-building industrial project that will bring nearly 300,000 square feet of new warehouse space to Burlington Township.
