The developer of a new industrial facility in East Hanover has signed a full-building lease for nearly 76,000 square feet, according to Resource Realty of Northern New Jersey.
A joint venture has closed on the site of a Mahwah office building that it now plans to redevelop as 200,000 square feet of modern industrial space, brokers with CBRE said Monday.
A real estate brokerage has taken more than 11,000 square feet at a newly renovated office building in Morristown, in the largest of five deals announced by CBRE.
A national financial services firm has leased 7,600 square feet of office space in Morris County, in one of two newly announced deals by Chilmark Real Estate Services.
Five of the nation’s 100 largest industrial leases in 2021 occurred in central New Jersey, according to CBRE, accounting for 4.6 million square feet as deal sizes continue to grow.
A brokerage team has identified a California-based investment firm as the buyer in the recent sale of the nearly 675,000-square-foot Sanofi U.S. headquarters campus in Bridgewater.
A partnership led by Veris Residential Inc. has secured a $135 million loan for a new 360-unit luxury apartment building along the Hudson waterfront, in a deal arranged by CBRE.
Nine tenants have combined to lease nearly 33,000 square feet of office space in Jersey City’s Newport section, in a series of newly announced deals by CBRE.
The cost to lease industrial space in New Jersey skyrocketed in 2021, with average asking rents for high-end buildings jumping by more than 50 percent from the previous year.