cbre – Page 61 – Real Estate NJ

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.

Professional Services

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.

CBRE industrial broker named vice chairman in New Jersey

CBRE has recognized a well-known New Jersey broker as one of its top producers, naming him the firm’s first-ever vice chairman in the Garden State.

CBRE brokers three offices leases in Florham Park

Three tenants have leased more than 20,000 square feet at a Florham Park office complex, real estate services firm CBRE said Wednesday.