Petco has signed a 15,643-square-foot lease at Advance Realty’s recently repositioned shopping center in East Windsor, bringing the property to 90 percent occupancy.
The owner of six Princeton-area commercial buildings has sold one of the properties for $4.9 million, one of several recent deals announced by NAI Fennelly.
A global financial technology firm has leased 160,000 square feet at 2 Gateway Center in Newark, planting a flag in the city with one of the downtown’s largest new office deals in recent years.
It was New Jersey’s largest industrial lease of the fourth quarter — and it was a fitting end to the year for a market that has been fueled by e-commerce tenants and big box construction. But the commitment by Modway Furniture was every bit as notable for its location as it was for its size.
A global engineering firm has renewed the lease for its longtime home at 2 Gateway Center in Newark, the owner of the 18-story office tower said Tuesday.
A series of leases, renewals and expansions have accounted for more than 33,000 square feet of tenant activity at a 215,000-square-foot office building in Fort Lee, the property’s manager said.
The state’s industrial market is firing on all cylinders, but just how long will it last? A panel of leading owners and brokers tackled that very question last week, gauging everything from rental rates to the demand from institutional investors. And while the recent political turmoil has created some uncertainty, they said New Jersey’s location and the growth of so-called last mile distribution needs will ensure the market’s continued strength in the year ahead.
Noah Balanoff has joined Colliers International Group as an executive managing director, as part of an expansion of its industrial and supply chain platform in New Jersey.
A freight forwarding and supply chain management firm has renewed its nearly 300,000-square-foot lease at a Carteret industrial property, brokers with Bussel Realty Corp. said Monday.
The longtime owners of a garden apartment complex in Edison have tapped CBRE to sell the 52-unit property, which the brokerage touts as a value-add opportunity in one of the state’s largest towns.