A developer and investor has acquired a nearly 120,000-square-foot warehouse in Freehold, its second industrial deal in two months, in a newly announced transaction by CBRE.
The company behind Welch’s Fruit Snacks is moving its headquarters to Park Ridge, where it has leased more than 110,000 square feet at the former longtime home of The Hertz Corp.
An out-of-state investor has acquired a newly built, 75-unit apartment complex just steps from a train station in Garfield, in a newly announced transaction by CBRE.
Bridge Development Partners has landed a major tenant at a six-building, 3.85 million-square-foot industrial park now under construction in Warren County, inking its largest lease to date with the Japanese clothing maker Uniqlo.
Two new big-box retailers have joined the well-known IKEA-anchored retail complex along the New Jersey Turnpike, occupying a combined 248,000 square feet at the Elizabeth property.
A developer has completed its first New Jersey industrial project, offering nearly 100,000 square feet of new warehouse space in Jersey City just minutes outside New York City.
A supermarket co-op is moving its headquarters to New Jersey from Staten Island, one of three companies is relocating operations from New York City to an Old Bridge office building.
A lack of supply has kept a lid on leasing activity in New Jersey’s industrial market, as developers race to build new projects that would help meet the robust demand from tenants.
As hiring and human resources decisions drive corporate real estate selection more than ever, New Jersey developers are responding by designing spaces and amenities that meet those needs, while expanding their focus on the labor markets around their project sites.
