Industrial
CBRE: Pricing gap for investors narrows between cold storage, traditional warehouses

Investors increasingly are warming up to the cold storage warehousing sector in New Jersey and other major markets — despite ongoing challenges in the asset class — pushing cap rates for Class A facilities closer to those of traditional high-quality warehouses.

Office
CBRE named leasing agent at 250,000 sq. ft. office building in Woodcliff Lake

The owner of a newly renovated, 250,000-square-foot office building in Woodcliff Lake has appointed CBRE as its leasing agent, the real estate services firm announced Monday.

Retail
CBRE: Retailers turning to in-store fulfillment, extra staffing amid holiday crush

This year’s shortened holiday shopping season has placed added pressure on retailers and their shipping partners, prompting new in-store solutions for delivery and returns and the need to hire additional seasonal workers for distribution and fulfillment.

Industrial
CenterPoint acquires 315,000 sq. ft. last-mile delivery hub in Jersey City

CenterPoint Properties has acquired a three-year-old, 315,389-square-foot industrial building in Jersey City, the latest addition to its fast-growing New Jersey portfolio.

Industrial
CBRE: Peloton opens 156,000 sq. ft. warehouse, fulfillment center in Carteret

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.

Finance & Capital Markets
Northern New Jersey among top 10 markets for net-lease investment, CBRE says

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.

Industrial
CBRE: New York Life, logistics firm ink 250,000 sq. ft. lease in Edison

A logistics firm is leasing nearly 250,000 square feet of industrial space in Edison, under a newly announced transaction by CBRE.

Professional Services
CBRE promotes Philadelphia, New Jersey investment sales broker to vice chairman

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.

Industrial
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Editor’s note: This story has been removed. We apologize for any inconvenience. 

Industrial
Treetop adds 120,000 sq. ft. industrial building in Freehold

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.