Office
KBS touts 30K sq. ft. in renewals, new deals at Woodbridge office campus

By Joshua Burd KBS Realty Advisors has signed leases totaling nearly 30,000 square feet at its six-building, 632,000-square-foot office campus along Route 1 in Woodbridge, the company announced. The deals at Woodbridge Corporate Plaza include a 4,055-square-foot renewal with Biocon…

Retail
Advance: Petco inks deal at Route 130 retail center

Petco has signed a 15,643-square-foot lease at Advance Realty’s recently repositioned shopping center in East Windsor, bringing the property to 90 percent occupancy.

Office
NAI Fennelly brokers new deals in Mercer, Middlesex

The owner of six Princeton-area commercial buildings has sold one of the properties for $4.9 million, one of several recent deals announced by NAI Fennelly.

Office
Fintech firm’s 160K sq. ft. lease ‘legitimizes the Newark market’

A global financial technology firm has leased 160,000 square feet at 2 Gateway Center in Newark, planting a flag in the city with one of the downtown’s largest new office deals in recent years.

Industrial
Amid supply constraints, developers look down the Turnpike for new opportunities

It was New Jersey’s largest industrial lease of the fourth quarter — and it was a fitting end to the year for a market that has been fueled by e-commerce tenants and big box construction. But the commitment by Modway Furniture was every bit as notable for its location as it was for its size.

Office
Engineering giant renews lease at Newark office tower

A global engineering firm has renewed the lease for its longtime home at 2 Gateway Center in Newark, the owner of the 18-story office tower said Tuesday.

Office
Fort Lee office building near full occupancy after recent deals

A series of leases, renewals and expansions have accounted for more than 33,000 square feet of tenant activity at a 215,000-square-foot office building in Fort Lee, the property’s manager said.

Industrial
After record year, panelists still bullish (but cautious) on N.J. industrial sector

The state’s industrial market is firing on all cylinders, but just how long will it last? A panel of leading owners and brokers tackled that very question last week, gauging everything from rental rates to the demand from institutional investors. And while the recent political turmoil has created some uncertainty, they said New Jersey’s location and the growth of so-called last mile distribution needs will ensure the market’s continued strength in the year ahead.

Industrial
Colliers adds veteran industrial broker

Noah Balanoff has joined Colliers International Group as an executive managing director, as part of an expansion of its industrial and supply chain platform in New Jersey.

Industrial
BRC brokers 300,000 sq. ft. renewal at Exit 12 industrial site

A freight forwarding and supply chain management firm has renewed its nearly 300,000-square-foot lease at a Carteret industrial property, brokers with Bussel Realty Corp. said Monday.