CBRE: Shrinking deal size fuels ‘persistent softness’ in N.J. office market

Smaller deals are increasingly driving New Jersey’s officemarket, a new report finds, raising the prospect of unchanged overall vacancyand flat rents in the near term despite an otherwise healthy economy.

CBRE: Cold storage firm leases 140,000 sq. ft. at Newark industrial project

A cold storage warehousing company has taken nearly half of a newly built, 290,000-square-foot industrial building in Newark, brokers with CBRE announced Wednesday.

Where have commercial real estate investors and lenders found unexpected (or lesser-known) opportunities in 2018?

Where have commercial real estate investors and lenders found unexpected (or lesser-known) opportunities in 2018? We assembled a panel of industry experts to tackle our recent roundtable question.

Advance, Greek detail plans for 4.1 million sq. ft. industrial park in Linden

Advance Realty and Greek Development have taken the wraps off their plans for a new 4.1 million-square-foot logistics park in Linden, in what they say is the largest planned industrial development in the Port of New York and New Jersey region.

Paramus office complex sells for $74 million

A joint venture has sold a two-building, 304,000-square-foot office complex in Paramus after acquiring it in 2016 and completing more than $3 million worth of upgrades.

CBRE: ‘Poké’ concept coming to New Jersey, inks lease at Garden State Plaza

A fast casual chain offering what are known as poké bowls and burritos — a Hawaiian-inspired concept focused on fresh fish — is making its debut in New Jersey with a new location at the Westfield Garden State Plaza in Paramus.

Manalapan flex park trades for $8.6 million

A developer has sold a nine-building, 84,000-square-foot industrial and flex park in Manalapan, in a nearly $8.6 million deal announced by CBRE.

Developer lands $19.5 million loan for 306,000 sq. ft. industrial project, CBRE says

CBRE has secured a $19.5 million loan for a fully leased, 306,000-square-foot industrial building that will soon be completed in South Brunswick.

Life sciences firm renews for 10,400 sq. ft. in East Rutherford, Garibaldi says

A life sciences company has renewed its nearly 10,400-square-foot lease in East Rutherford, where it has maintained its headquarters for nearly 30 years.

Hudson County rental building sells for $10.3 million

An investor has acquired a 32-unit apartment building in West New York for $10.3 million, in one of two recent Hudson County deals arranged by CBRE.