A global banking and financial services firm has recommitted to its home of the past decade, extending its roughly 72,000-square-foot office lease at Newark’s 2 Gateway Center.
Brokers with CBRE are marketing a parcel in the heart of the Meadowlands, touting it as a prime location for a regional hub, headquarters or last-mile delivery center.
Large industrial sites in northern New Jersey now cost an average of nearly $1.8 million per acre, CBRE found, as surging demand and the scarcity of land continue to drive up pricing.
Three new leases and a renewal have contributed to more than 84,000 square feet of activity at a six-building office campus in Woodbridge, landlord KBS Realty Advisors announced.
The owner of a shopping center in Secaucus has sold the complex for $43 million, marking the second sale in four months of a retail property in the town’s Harmon Meadow section.
A logistics firm is set to occupy 401,000 square feet at a sprawling industrial park in Logan Township, under a recent lease with developer Dermody Properties.
Brokers with CBRE are seeking a buyer for a three-building, 50,000-square-foot industrial complex in Kenilworth, touting its proximity to Port Newark-Elizabeth and a lack of comparable properties in the immediate area.
