Many of the state’s top commercial brokers gathered recently for an annual event hosted by the Society of Industrial and Office Realtors, where the organization recognized some of the Garden State’s top deals of 2017.
Lincoln Equities Group has completed new leases and a renewal at properties near Princeton and Morristown, including deals with a hospital network and a major financial services organization.
A fulfillment and logistics firm will be the latest tenant at a new three-building, 1.3 million-square-foot industrial complex in Perth Amboy acquired by Duke Realty late last year.
Insiders say the prospect of legalized recreational marijuana could have substantial benefits for New Jersey’s commercial real estate market, even with a long list of risks and complexities.
A private investor has paid $53 million for a grocery-anchored, 153,000-square-foot shopping center in Edison, according to CBRE brokers who arranged the deal.
In New Jersey’s booming industrial market — where rent growth is unprecedented and speculative development is rewarded — owners and investors still face a major challenge when it comes to deploying capital and keeping their pipelines filled.
