Office
How ‘agile real estate’ can help leasing, property values

Major tenants and occupiers are now taking a closer look at agile real estate offering nimble, dynamic layouts in which employees can float from one type of a work area to another or move seamlessly between office locations. That means developers and landlords should be following suit if they plan on staying competitive in a quickly changing office sector.

Professional Services
SIOR NJ highlights top industrial, office deals from 2018

The Society of Industrial and Office Realtors’ New Jersey chapter presented its annual largest deal awards last week, showcasing some of the industry’s top transactions of 2018.

Sponsored Content
The new office

As corporate occupiers transform their work environments to maximize efficiency and attract and retain talent, traditional office space has evolved. This demand is the catalyst for architects and designers to re-evaluate the function of the office, resulting in significant changes in work space.

Retail
Jeffery: Urgent care chain takes 2,700 sq. ft. in Bound Brook, its second N.J. location

An urgent care chain has taken its second location in New Jersey with a newly announced, 2,720-square-foot lease in Bound Brook.

Retail
Wayne retail center at full occupancy after deal with gymnastics school, CBRE says

A children’s gymnastics business has leased 2,650 square feet at a Wayne shopping center, bringing the 30,000-square-foot property to full occupancy.

Industrial
North Jersey industrial properties included in six-state, $183 million portfolio sale

Six industrial properties in northern New Jersey have changed hands as part of a six-state, $183 million portfolio sale announced Tuesday by Mandelbaum Salsburg P.C.

Industrial
New 300,000 sq. ft. warehouse project marks new chapter after massive North Brunswick fire

A fulfillment and logistics business has committed to a 300,000-square-foot, built-to-suit facility in North Brunswick, giving new life to an industrial site that was leveled by a massive fire nearly four years ago.

Retail
CBRE: Morris Plains supermarket center sells for $27 million

An investment firm has acquired a grocery-anchored shopping center in Morris Plains, in a nearly $27 million deal brokered by CBRE.

Office
Seiko sells, leases back 140,000 sq. ft. office building in Mahwah

The parent company of Seiko watches and other products has sold its 140,420-square-foot headquarters facility in Mahwah, brokers with CBRE announced Monday.

Office
Law firm takes 34,000 sq. ft. for new HQ in Cranford, NKF says

A global law firm is leasing nearly 35,000 square feet in Cranford as part of a relocation from its longtime headquarters, in a transaction announced Thursday by Newmark Knight Frank.