A recent spike in leasing demand has boosted New Jersey’s office market to start the year, even as large blocks remain available amid corporate downsizing and concerns about the economy.
Nearly two dozen organizations supporting veterans, military personnel and their families are benefiting this year with the help of a golf outing that recently marked its 20th year, drawing broad support from companies across the state’s commercial real estate sector.
CBRE has promoted highly regarded industrial broker Kevin Dudley to vice chairman, the highest rank for advisory and transaction professionals within the company.
Bank of America has leased nearly 550,000 square feet along the Jersey City waterfront, in an expansion that marks one of New Jersey’s largest office deals in recent memory.
NAIOP New Jersey will welcome hundreds of industry leaders next week for its first event of the year, where experts will highlight economic trends and their impact on commercial real estate.
Denholtz Properties has added more than 720,000 square feet of industrial space to its holdings in the region, acquiring an 18-building portfolio in Pennsylvania’s Lehigh Valley.
Another multifamily development site in Hudson County has changed hands in connection with the bankruptcy of a Secaucus-based real estate firm, brokers with CBRE said Thursday.
The owner of Brooks Brothers, Reebok and other fashion brands has expanded its footprint in Lyndhurst, where it now occupies more than 90,000 square feet of office space.
