March of Dimes honors Johnson, raises $375,000 (SLIDESHOW)

More than 200 members of New Jersey’s commercial real estate sector turned out to honor Christopher Johnson of Hollister Construction Services, raising more than $375,000 for an annual event hosted by the March of Dimes North Central New Jersey.

Developers, brokers launch 4.1 million sq. ft. logistics center project in Linden

A joint venture has kicked off what it says will be the largest active industrial project near the Port of New York and New Jersey, breaking ground on a 4.1 million-square-foot logistics park at a long-vacant site in Linden.

Investment group buys East Brunswick office tower for $38 million

American Equity Partners has paid $38 million to acquire a piece of the Tower Center office complex in East Brunswick, under a transaction arranged by CBRE.

CBRE: Owner of Morris Twp. office building closes on $54 million loan

The new owner of a 320,274-square-foot office complex near Morristown has landed nearly $54 million in financing, brokers with CBRE said Monday.

Russo, Forsgate close on Meadowlands site slated for 3 million sq. ft. industrial park

Russo Development and Forsgate Industrial Partners have completed their purchase of a 718-acre tract in Bergen County, paving the way for more than 3 million square feet of new high-end industrial space in the heart of the Meadowlands.

Dermody acquires, plans upgrades at vacant 615,000 sq. ft. industrial building in East Windsor

Dermody Properties has acquired a vacant 615,000-square-foot industrial complex in East Windsor, where it’s now planning a series of upgrades over the next several months.

CBRE inks $6.2 million in new investment sales

A private investor has paid $2.3 million for a nearly 15,000-square-foot retail property in Monmouth County, in the largest of four newly announced transactions by CBRE.

CBRE: Growing online grocery sales could benefit New Jersey, a top 10 market for cold storage

With the growth of online grocery sales projected to continue, a new report says New Jersey is well-positioned to capture the continued need for cold storage space.

CBRE: Weight loss service inks 2,000 sq. ft. retail lease in Bound Brook

A weight loss service is among the newest tenants at a Somerset County shopping center, under a 2,000-square-foot lease announced Tuesday by CBRE.

The RealReal opens 490,000 sq. ft. e-commerce center in Perth Amboy

An online luxury consignment shop has officially added to its footprint in New Jersey, marking the opening of its nearly 500,000-square-foot distribution center in Perth Amboy.