As the demand for net-lease properties inches back toward pre-pandemic levels, northern New Jersey remains a top 20 market for investors targeting the office and retail sectors.
A logistics firm has leased more than 480,000 square feet of industrial space in Linden, filling one of two newly completed buildings at a planned 4.1 million-square-foot development.
A joint venture has sold a majority interest in a Parsippany office building, following upgrades at the property that helped lure a pharmaceutical company’s U.S. headquarters in 2018.
Mack-Cali Realty Corp. is providing a new glimpse at the long-awaited overhaul of its flagship campus in Jersey City, where it will unveil a series of upgraded office buildings, amenities for tenants and programming to draw visitors to its redesigned public spaces.
An early childhood education center is preparing to open its second location in Hoboken, having signed a 13,000-square-foot sublease in the city’s northern end.
A picture frame manufacturer has acquired a roughly 45,000-square-foot industrial building in the Somerset section of Franklin, in a newly announced transaction by CBRE.
A new upscale food and wine market has opened its doors in Paramus, where it has leased more than 8,600 square feet under a transaction arranged by CBRE.
An international logistics company has leased nearly 350,000 square feet at a newly built industrial building in Edison, according to a brokerage team with CBRE.