Real estate services firm Berkadia has launched a new office in New Jersey with the recent addition of a multifamily investment sales team based in Morristown.
A flooring company has leased nearly 20,000 square feet of industrial flex space in Bergen County, in a newly announced deal by Chilmark Real Estate Services.
A development team has preleased the latest phase of a 3.2 million-square-foot industrial park in Logan Township, where two logistics firms will occupy a combined 491,000 square feet.
The need for workforce housing shows no signs of fading in the year ahead, fueling continued demand from investors chasing value-add apartment deals in markets such as New Jersey.
Two insurance firms have signed new leases along the Jersey City waterfront, combining for nearly 43,000 square feet at a LeFrak-owned office building.
Workforce housing investor OneWall Communities has sold a 191-unit multifamily portfolio in Newark for $30 million, according to the firm and brokers with CBRE.
Prologis has purchased a Mount Laurel office building that it now plans to redevelop as nearly 185,000 square feet of modern industrial space, in a newly announced deal by CBRE.
A restaurateur has purchased 15,000 square feet of industrial space in Hamilton that he will use as a facility for his new catering business, according to brokers with NAI Fennelly.
