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.
Veris Residential Inc. has landed a major tenant at its flagship office campus in Jersey City, inking a 130,000-square-foot lease with the world’s largest authenticator for collectibles.
An investment firm has acquired two retail properties along Route 17 in Bergen County, in a set of newly announced transactions by The Goldstein Group.
Franklin Township has more than 4 million square feet of industrial space in its development pipeline — most of it in the town’s well-known Somerset section — with a growing list of projects that call for razing and repurposing the sites of outdated office buildings.
CBRE has promoted veteran broker Jeffrey C. Babikian to vice chairman, marking the first time that an office leasing professional in New Jersey has achieved the title with the firm.
