3PL firm inks 270,000 sq. ft. lease in Edison, CBRE says

A third-party logistics firm will occupy more than three-quarters of an Edison warehouse after leasing nearly 270,000 square feet at the property, brokers with CBRE announced.

Healthy options: A look at the growth of medical retail in New Jersey

Medical tenants have become increasingly critical to the retail sector, creating a new opportunity for landlords who have grappled with e-commerce and bankrupt retail chains. New Jersey is no exception, and the opportunity comes as urgent care centers, physical therapists and other businesses experience rapid growth spurred by major changes in the health care industry.

CBRE: Office sales poised to rebound in New Jersey, despite Q2 slowdown

A flurry of large leases provided a jolt to New Jersey’s office market in the second quarter, but the story was vastly different when it came to investment sales. Fortunately, there are signs of a rebound on the horizon.

CBRE: New Jersey logistics space ranks nationally, globally in top-tier rent growth

Owners of high-end industrial space are riding a wave of rent growth — nationally and globally — and landlords in New Jersey are among the biggest winners. That’s according to new research from CBRE, which found that rents for top-tier space in the Garden State grew 9.5 percent, to $8.26 per square foot, in the year ending March 31. That year-over-year growth ranked third among U.S. submarkets, behind only Oakland and Seattle, and seventh worldwide.

CBRE: Logistics firm inks 110,000 sq. ft. lease in Kearny

A global logistics provider has leased more than 110,000 square feet at a Kearny industrial building, brokers with CBRE announced Wednesday.

CBRE adds to New Jersey project management team

CBRE has hired a new senior project manager in New Jersey.

LMC: Comcast leases 4,000 sq. ft. in Woodbridge

Comcast has leased 4,000 square feet and will open a new Xfinity retail store at a Woodbridge shopping center, Levin Management Corp. said Tuesday.

Sitex names new vice president

Sitex Group has promoted a senior associate to vice president, allowing him to take on a larger role in both development and acquisitions for the Englewood-based firm.

JLL inks four leases at One Newark Center for 68,000 sq. ft.

Four tenants have combined to lease nearly 68,000 square feet at One Newark Center, the 423,000-square-foot office tower in downtown Newark, including the iconic top-floor space that was the longtime home of The Newark Club.

CBRE: Secaucus flex building inks six leases for 105,000 sq. ft.

Six tenants have signed new leases to fill nearly half of a two-building, 242,000-square-foot flex property in Secaucus, brokers with CBRE announced.