Despite rising interest rates, investor demand for multifamily property in New Jersey shows few signs of slowing down through the end of the year and into 2019.
Prologis and an online luxury consignment shop have signed a lease for more than 490,000 square feet in Perth Amboy, following the approval of a 10-year, $38.9 million tax credit package to help the retailer establish a new Northeast fulfillment center.
New Jersey’s transportation and warehousing workforce is on the rise, putting the state in position to remain attractive to the ever-growing e-commerce and logistics sectors.
Eastman Cos. has hired CBRE as its leasing agent at a 380,065-square-foot office building in Livingston, the real estate services firm announced Monday.
A partnership led by Denholtz Associates has sold a nearly 134,000-square-foot office building in Matawan for $19.75 million, according to brokers with CBRE who completed the deal.
A nearly 85,000-square-foot lease by a global pharmaceutical firm is among several recent deals at a Morristown office building, where ownership has unveiled $7 million in upgrades.
Paul V. Profeta & Associates has expanded its out-of-state portfolio with the acquisition of a 362,000-square-foot, triple-net-leased industrial complex in Central Florida.
The Blau & Berg Co. is touting strong activity at a Short Hills office building, where it completed five leases for nearly 23,000 square feet during the second quarter.
Eight tenants have combined for more than 60,000 square feet in leasing activity at a six-building, 629,000-square-foot office complex along Route 1 in Woodbridge
Two technology firms have signed leases at a two-building, 208,000-square-foot office complex in the Somerset section of Franklin, including a new commitment and an expansion.
