Joint venture buys fully leased, 66,000 sq. ft. Jersey City warehouse for $21.7 million

A joint venture has acquired a nearly 66,000-square-foot warehouse in Jersey City for $21.7 million, expanding its portfolio in a key northern New Jersey submarket.

CBRE: Boutique rental property in Ridgewood sells for $14.3 million

A private real estate family has acquired a three-building, 31-unit apartment complex in Ridgewood for more than $14 million, in a transaction arranged by CBRE.

CBRE: Energy firm acquires 50-acre South Amboy site, eyes offshore wind facility

An energy company has acquired a former power plant site in South Amboy, where it now hopes to build an offshore wind facility that could power more than a million homes.

Developers plan 426,000 sq. ft. industrial campus after buying Somerset office property

A joint venture has acquired an office building and adjacent land in Franklin Township, with plans to redevelop the site as a two-building, 426,000-square-foot industrial campus.

Biotech firm expands to 200,000 sq. ft. in Piscataway, Keystone says

A biotechnology company has expanded to nearly 200,000 square feet at a Piscataway office complex, in the largest of three recent deals announced by Keystone Property Group.

CBRE: Banks, cloud service firms fuel uptick in tristate data center demand

The data center market in and around New Jersey saw a notable rebound in the first half of 2021, thanks in large part to demand from the financial services sector.

CBRE names new market leader for greater Philadelphia

CBRE has named a longtime broker on its team as its new advisory services market leader for the greater Philadelphia region.

Cigna moving to ex-Honeywell campus in Morris Plains, reportedly leasing 200,000 sq. ft.

A global health services company is taking down a major piece of the former Honeywell International campus in Morris Plains, where it will reportedly lease some 200,000 square feet.

South American firm buys 84,000 sq. ft. light manufacturing facility in Mahwah

A foreign investment firm has acquired a light manufacturing facility in Mahwah for $15.6 million, under a newly announced transaction by CBRE.

Sitex adds Paramus industrial property, inks lease with Carvana in Perth Amboy

Sitex Group has completed two new industrial transactions in New Jersey, including a lease in Middlesex County with a fast-growing e-commerce auto retailer.