Sitex Group has acquired a 172,000-square-foot warehouse in Lyndhurst, in the largest of three newly announced additions by the real estate investment firm.
Bridge Development Partners has lured a second tenant to its new logistics park in Warren County, inking a nearly 420,000-square-foot lease with a well-known beverage company.
A fitness chain has leased more than 25,000 square feet at a Mercer County retail center, in the largest of several newly announced deals by R.J. Brunelli & Co. LLC.
The coronavirus pandemic has done more than present a major health crisis to the American people — it poses a major threat to commercial real estate and the economy at large.
Industrial developers and companies seeking logistics space are unlikely to face lasting damage from the coronavirus pandemic, experts say, but the market is still poised for major changes amid disruptions to supply chains and consumer spending habits.
The coronavirus pandemic figures to accelerate what had already been a growing trend — the need for additional cold storage space to meet the demand for online grocery sales.
The Society of Industrial and Office Realtors’ New Jersey chapter hosted its annual largest deal awards on Feb. 27, highlighting some of the Garden State’s top transactions of 2019.
The Morris County Chamber of Commerce has renewed its nearly 4,500-square-foot lease at a Florham Park office building, under a newly announced transaction by CBRE.