CBRE has promoted Kelly Conaway to managing director for the greater Philadelphia region, a territory that includes downtown and suburban Philadelphia, Delaware, southern New Jersey, the Lehigh Valley and Central Pennsylvania.
Longtime CBRE New Jersey market leader Jeff Hipschman has joined Binswanger as its CEO, becoming the first non-family member to lead the real estate services firm in its 93-year history.
Pharmaceutical giant Sanofi is looking to sublease part of its new U.S. headquarters in Morristown, where it’s slated to occupy the new 260,000-square-foot M Station West building currently under construction.
Smaller deals are looming large in New Jersey’s industrial market, helping to drive occupancy gains as developers eye continued momentum in the second half of the year.
A group advised by J.P. Morgan Asset Management has sold 408 apartments across two properties in Jersey City for nearly $222 million, brokers with CBRE announced Tuesday.
LeFrak has signed a nearly 185,000-square-foot lease renewal with Fidelity Investments, a longtime tenant at one of the developer’s Jersey City office towers.
A distributor of natural and organic foods has acquired a 105,000-square-foot industrial building in the Meadowlands for $31 million, in a newly announced deal by CBRE.
Thor Equities Group has signed a new deal at its life sciences building in Jersey City, leasing nearly 30,000 square feet of lab-ready space to a nonprofit biotechnology organization.
