At-home fitness company Peloton Interactive has opened a new warehouse and fulfillment center in Carteret, where it has leased 156,000 square feet as part of a deal arranged by CBRE.
Net-lease investment is on the rise in the U.S., with northern New Jersey remaining a key target for buyers of industrial property and other commercial asset classes.
A veteran investment sales broker in CBRE’s New Jersey and Philadelphia markets has earned a promotion to vice chairman, the highest title for producers within the company.
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.
